Industries
Germany to provide €180m for cooperation projects
Germany will provide around €180.81 million (approximately Tk 2,265 crore) for bilateral development cooperation projects in Bangladesh that focus on a number of mutually agreed core areas..Of the total support, €45.8 million will be in the form of technical cooperation and the rest in the
Stocks fall after two-day gains
Major indices of the stock market in Bangladesh fell yesterday on gaining for two days as investors opted for caution in their trades amidst political and economic uncertainties..The last few days were downbeat for investors and the market centring Bangladesh’s foreign credit rating being
National Bank recovers Tk 900cr bad loans till Oct
National Bank has been able to recover about Tk 900 crore of defaulted loans as of October and initiatives are underway to recover another Tk 400 crore by this year, said its chairman, Abdul Awal Mintoo, yesterday. .He was addressing a press conference at its head office in the capital’s
Deal signed for 181 million euro German financial, technical cooperation support
45.8 million euro will come as technical cooperation and 135 million euro as financial support
Six crisis-hit banks get Tk 22,500 crore BB fund
The banks are: FSIBL, SIBL, Exim, National, Union and Global Islami
Provide venture capital, private equity to startups, SMEs
Bangladesh’s future depends on creating a knowledge-driven economy, and new businesses require a supportive environment to succeed alongside funding, which can come in the form of venture capital and private equity, said speakers at a discussion recently..Venture capital is a type of finan
Exports to EU may fall 20%
Bangladesh's overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study..Mohammad Abdur Razzaque, chairma
Extend tenure of Tk 200 crore stockmarket fund, BSEC urges BB
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
Crown Cement posts Tk 100 crore profit in FY24
Its board recommended 21% cash dividend, the highest in 8 years
Demand for combine harvesters rising
The equipment, which enables rice producers to harvest and thresh their paddy, saves both on time and cost of labour, they said
Special arrangements in Nov to help file tax returns
Instead of holding an income tax fair, the National Board of Revenue (NBR) says it will have dedicated officials and special arrangements at field-level offices to extend tax services and facilitate return submissions throughout November.
Denim Expo begins in Dhaka tomorrow
Bangladesh Apparel Exchange will organise the two-day expo
Linde Bangladesh posts Tk 608 crore profit in Q3
Significant capital gains drove the year-on-year profit growth
Agent banking sees rise in female participation
Women now account for 49.67 percent of the total deposits made through agent banks
Cyber intelligence detects illegal transactions on dual currency credit cards
Bangladesh Bank recommends 17 cyber security measures for banks
BASIS appoints M Rashidul Hasan as new president
The association also outlines roadmap for reforms, elections
Reckitt Benckiser Bangladesh’s Q3 profit drops 9%
Its cash flow declined sharply in the first nine months of 2024
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.