Industries
Lovello to acquire 50% stake in Sharika Foods
It will spend Tk 50 lakh to purchase 5 lakh shares at Tk 10 each
Govt to analyse impact on allowing trade union in EPZs
A third party will do the comprehensive study, says labour secretary
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
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
Gold to be Tk 2,520 cheaper from tomorrow
Each bhori of 22-carat gold will be Tk Tk 136,188 from November 13
Chic Wings (BD) Lingerie to invest $18 million in Bepza Economic Zone
The Sino-Singapore firm will set up a garment manufacturing factory
Walton’s Q1 profit falls 26%
Higher finance costs and foreign currency losses behind the profit drop
Stocks rebound after three-day fall
Major indices of the stock market in Bangladesh yesterday saw a rebound from three days of constant decline as shares in the large-cap and blue-chip categories performed well amid intense selling pressure..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE) edged up by 67.58 po
Duncan sells entire stake in United Finance, United Insurance
Several directors of United Group purchased the shares for around Tk 180 crore
ILFSL depositors demand punishment of SK Sur Chowdhury, Shah Alam
The Individual Depositors’ Forum of International Leasing also wanted their deposit money back with compensation
Crown Cement’s profit plummets 89 percent in July-Sep
Political turmoil, floods and capacity woes behind profit fall
Cabinet to decide next course of action on Bay Terminal project
A decision on the next course of action centring the Bay Terminal project of the Chattogram port will be taken following a cabinet discussion..Adviser to the shipping ministry Brig Gen (retd) M Sakhawat Hussain informed this at a discussion on the project involving high-level officials at