Industries

Industries

IDLC Finance’s profit jumps 46% in Q2

IDLC Finance PLC reported a significant rise in profitability in the second quarter of 2025, buoyed by higher investment income and lower provisioning expenses, the leading non-bank financial institution said in its financial statements.

7h ago

BSEC identifies 15 companies for potential stock listing

The stock market regulator has identified 15 state-run and multinational companies, in which the government holds a stake, for potential listing on the stock exchange in a bid to restore investor confidence.

11h ago

Bangladesh eyes stake in $7 trillion global halal economy: Ashik Chowdhury

Industry people join Bangladesh-Malaysia Chamber-organised seminar to explore Bangladesh’s potential

14h ago

Trust Bank posts Tk 106 crore profit in Q2

Its profit declined 2% year-on-year

18h ago

BB move toward flexible FX regime signals right policy shift: BRAC EPL

The move aims at better aligning the taka with market fundamentals, the brokerage house says

19h ago

Rod prices hit 3-year low as demand dries up

Steel rod prices have fallen below Tk 90,000 per tonne for the first time in more than three years, as construction demand continues to fall amid reduced government spending and economic uncertainty.

1d ago

Reform companies act to meet global standards: experts

They made the call at a DCCI workshop

1d ago

Bangladesh Submarine Cable Company crosses 4 Tbps bandwidth supply milestone

Previously, on April 28 this year, BSCPLC had crossed the 3 Tbps mark

1d ago

Statistical system faces capacity challenges

Bangladesh’s statistical system is facing significant capacity challenges, a heavy reliance on projects, and the risk of political influence, Hossain Zillur Rahman, head of the expert taskforce tasked with strengthening the Bangladesh Bureau of Statistics (BBS), said yesterday..He made the

2w ago

LR Global to be asked to take back investment in bdnews24.com: BSEC

It has to return the fund in 30 days or face a Tk 60 crore fine, the regulator says

2w ago

Renata’s Rajendrapur factory receives EU certification

The company can now export medicines to European countries from this facility

2w ago

BB buys $313m more from 22 banks

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.

2w ago

Reverse repo rate cut by 50 basis points

Bangladesh Bank (BB) has lowered the standing deposit facility rate, also known as the reverse repo rate, by 50 basis points to 8 percent, with effect from today.

2w ago

Monno Ceramics partners with US company for expansion

Monno Ceramic Industries Ltd has signed with Lenox Corporation, USA, as its enlisted vendor to supply porcelain and bone china tableware in the American market.

2w ago

First Security Islami Bank removes managing director

In January this year, the MD was sent on forced leave over loan irregularities linked with S Alam Group

2w ago

Olympic to produce powder drink at Narayanganj plant

The company will purchase machinery worth Tk 92.53 lakh to set up the production line

2w ago

Piecemeal steps won’t restore stock investor confidence

Simply raising the tax gap between listed and non-listed firms and taking some piecemeal steps would not restore investors’ confidence in the stock market, BNP Standing Committee member Amir Khosru Mahmud Chowdhury said yesterday..“Many foreign investors want to invest in the stock market,

2w ago

Middlemen, extortion push up vegetable prices: report

The dominance of middlemen, a lack of information, extortion, and unpredictable transportation costs have a significant impact, resulting in the high retail prices of vegetables, according to a recent Bangladesh Trade and Tariff Commission (BTTC) report.

2w ago