Industries
Atlas Runner team up to manufacture helmet
The two companies signed a memorandum of understanding (MoU) to form the "Atlas-Runner Helmet Plant", as per a disclosure on the DSE
Efficient cross-border trade a boon for LDC graduation: ICCB
With the increase in international trade of Bangladesh, efficient cross-border trade will have notable implications for the country’s status graduation from the least developed country (LDC) to a developing one, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh
Stocks fall for second day
Stocks in Bangladesh yesterday stretched their losing streak to two days consecutively as investors grappled with the fallout of Moody’s recent downgrade of the country’s foreign credit rating..The US-based credit rating agency also revised its long-term economic outlook for Bangladesh fro
Panel of advisers formed to solve Beximco Industrial Park’s labour unrest
Labour Adviser Brig Gen (retd) M Sakhawat Hussain will lead the six-member panel
Renata approves Tk 325 crore preference shares
The shares are issued to refinance existing loans
World Bank focuses on creating quality jobs for youth
The World Bank focuses on creating quality jobs for the millions of youth population entering the job market every year, its Country Director for Bangladesh and Bhutan Abdoulaye Seck said yesterday.."We are ever more determined to give it all for Bangladesh,” he said at an exhibition, titl
Bangladeshis spend $4b annually for healthcare abroad
DCCI Senior Vice President Malik Talha Ismail Bari says in a seminar on outbound healthcare tourism
Major portion of plastic waste not recycled
A major portion of plastic waste ends up in landfills and a substantial amount pollutes the marine environment every year instead of being recycled, according to experts..“About 293,825 tonnes of plastic waste are recycled per year,” said Ferdaus Ara Begum, chief executive officer of Busin
Renata’s profit falls 42% despite higher sales in Q1
Increased spending on raw material, manpower caused the fall
Up to Tk 50 fee imposed on online tax payments
The fee will be Tk 20 for payments of up to Tk 25,000 and Tk 50 for up to Tk 50,000
BSRM Steel’s Q1 profit grows 86%
Higher sales and reduced financial costs drive profit growth
Deal with Japan can boost trade
The signing of an economic partnership agreement (EPA) between Bangladesh and Japan will increase bilateral trade and open a new door of opportunities for the South Asian country, Commerce Adviser Sk Bashir Uddin said yesterday.
State sugar mills aim to boost annual output by 45%
State sugar mills are set to start the crushing of sugarcane from the middle of this month, with a target of increasing production by 45 percent year-on-year in the current fiscal year of 2024-25..Nine state sugar mills under the Bangladesh Sugar and Food Industries Corporation (BSFIC) tar
Stocks fall on poor performance of large companies
Indexes of the stock market in Bangladesh declined yesterday on rising the day before, largely due to the poor performance of Islami Bank Bangladesh along with the large-cap and blue-chip shares amid sales pressures..Large-cap refers to shares which account for large amounts in market capi
Banglalink launches AI-powered lifestyle pack RYZE
Banglalink has launched a new digital lifestyle prepaid package, styled “RYZE”, aimed at empowering young users with a dynamic digital experience..Aligning with the government’s vision to support youth through upskilling opportunities, the new pack provides AI-powered productivity tools fo