Industries
29 companies to get Green Factory Award-2023
The government will present a “Green Factory Award-2023” to 29 companies from 12 sectors today recognising their role in enhancing productivity through the use of skilled workforce and eco-friendly technology in safe environments.
Runner Automobiles trims losses
Runner Automobiles, one of the largest listed automobile companies, has continued to suffer from losses due to a decline in revenue and increase in financing costs.
Technical training leads to skills development: ILO
Bangladesh has formulated a National Skills Development Policy and established a unified national qualifications framework to enhance recognition of skills qualifications and facilitate up-skilling of the workforce, the International Labour Organization (ILO) said on April 24.
Bangladesh to award green factories in 12 sectors
The government will give the Green Factory Award to 29 companies in 12 sectors for recognition of their compliance with workplace safety standards.
Islami Bank to issue Tk 1,000 crore bond to strengthen capital
Islami Bank Bangladesh, the largest and oldest shariah-based bank in the country, today announced that it would borrow Tk 1,000 crore through the issuance of bonds to improve its capital adequacy in line with Basel-III.
Bata Bangladesh recommends highest-ever dividend despite profit decline
Bata Shoe Company (Bangladesh) Ltd’s profit dropped 2 percent year-on-year to Tk 40.09 crore in 2023, yet it recommended its highest-ever cash dividend
Islami Bank Bangladesh’s full-year profit rises to Tk 635 crore, highest since 2019
Islami Bank Bangladesh recorded a profit of Tk 635.33 crore in 2023, the highest since 2019
Grameenphone’s profit grows to Tk 1,338 crore in Q1
Grameenphone’s profit grows to Tk 1,338 crore in Q1
Singer incurs losses in Q1
The home appliance maker counted a loss of Tk 2.1 crore in Jan-Mar quarter
Heidelberg Bangladesh’s sales drop, but profit rises
The company gives credit to fall in administration, distribution costs and selling expenses
Mohammad Abu Jafar, new managing director of Premier Bank
He has 34 years of experience in banking
Matin Spinning’s Q3 profit soars 790% to Tk 9.5 crore
Matin Spinning Mills’ profit jumped 790 percent year-on-year to Tk 9.55 crore in the January-March quarter.
ADP spending picks up in July-March
Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
Bangladesh lags behind peers in digital adoption for business
Less than half of the companies in Bangladesh use computers, according to a World Bank’s survey that revealed the country’s weak position in digital adoption for business compared to peer economies and neighboring nations.
StanChart executes first INR-BDT import transaction for Unilever
Standard Chartered Bangladesh (SCB) has arranged the first Indian rupee (INR) denominated trade transaction to facilitate the import of Unilever Bangladesh Ltd (UBL), the largest multinational company operating in the fast-moving consumer goods (FMCG) sector.
Inflation, exchange rate stability should get priority: experts
ICMAB organises a pre-budget discussion
Chinese SBS Zipper to invest $20 million in Bepza economic zone
The company will produce annually 271 million pieces of zipper and accessories
FBCCI to establish joint business council with Qatar Chamber
The council will strengthen economic ties and cooperation
