Industries

Industries

Our inflation quagmire

Inflation refuses to budge. Part of the reason may be honest disclosure of what the data is saying.

3h ago

BSC issues tender to dispose of two old oil tankers

The Bangladesh Shipping Corporation (BSC) has finally taken steps for the disposal of two of its oldest oil tankers, which, according to experts, had become unfit by 2015.

3h ago

LC margin bar withdrawn for crisis-hit six banks

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce

3h ago

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

12h ago

Jetties empty at Ctg port as import falls

Many of the Chattogram port’s 12 container jetties have been lying vacant for the last couple of weeks due to a fall in the number of ships amid a decrease in imports..The port currently has 18 jetties. Of these, 12 jetties are dedicated for accommodating container vessels and the remainin

1d ago

BSEC summons Confidence Cement for dividend payment failure

The cement maker has to appear before the stockmarket regular on Dec 8

1d ago

Banks asked to provide loan info of Thermax Group

The Bangladesh Bank has asked lenders in the country to provide detailed information on all the loans and liabilities of companies operated by Thermax Group..The banks have been asked to provide the information by Wednesday. There are more than a dozen companies under the group that produc

1d ago

Dutch-Bangla Bank’s services to remain suspended temporarily

Core banking will be unavailable from Jan 1-5 next year and agent banking from Dec 30 to Jan 5

1d ago

6-day furniture fair begins in Chattogram

28 companies are taking part in the event

1d ago

Govt appoints administrator to BASIS

The administrator is asked to hold election in 120 days

1d ago

Bangas sees Q1 profit surge by 16%

Revenue rises 8% year-on-year

1d ago

PDB can save $1.2 billion a year by fixing core problems: IEEFA

The global energy think-tank suggested shifting half of Bangladesh’s existing industrial demand to the grid

1d ago

Jamuna Oil’s profit jumps 48% in Q1

Jamuna Oil Company Limited recorded strong earnings in the July-September quarter of the current fiscal year 2024-25 on the back of higher interest income.

2d ago

NBR grants 15-year tax exemption for new renewable plants

With the objective of facilitating clean energy generation, the National Board of Revenue (NBR) has granted a 15-year tax benefit for investments to establish renewable energy-based power facilities..The revenue authority issued a circular in this regard on November 27, saying it would exe

2d ago

Stocks rise for a second day

The stock markets in Bangladesh rose for a second consecutive trading day yesterday as investors poured fresh funds for select shares to quickly gain short-term profits amidst price movements..Shares of companies like Square Pharmaceuticals, Grameenphone, Robi Axiata, Saif Powertec, Renata

2d ago

$6 billion foreign loan commitments may come by June: finance adviser

The commitments will come from multiple sources, including World Bank, IMF, ADB, Opec

2d ago

Roadmap is there to implement ILO conventions: commerce adviser

EU Ambassador Michael Miller calls on the adviser

2d ago

Chevron to invest in new gas exploration in Bangladesh

The energy giant thanks the interim government for starting to clear overdue payments

2d ago