Investments
Bank Asia moves a step closer to Bank Alfalah acquisition
A day earlier, Karachi-based Bank Alfalah disclosed the information on the Pakistan Stock exchange.
Dutch-Bangla Bank witnesses highest profit growth in a decade
Dutch-Bangla Bank PLC recorded nearly 42 percent growth in earnings last financial year, its highest in a decade, by improving asset quality and focusing on maintaining good corporate governance.
Max Group starts production of green blocks
Max Group, a top construction firm in Bangladesh, has entered the green brick business by starting commercial production of autoclaved aerated concrete (AAC) blocks and panels at an initial investment of around Tk 160 crore.
Gold price hits new record again
Jewellers are selling each bhori of gold at Tk 119,637 from 7pm today
‘Farmer, RMG workers, migrants main drivers of Bangladesh economy in first 50 years’
However, their contribution would not remain the same in the years to come, says a book published from London
US trade body reiterates support for GSP revival
The American Apparel & Footwear Association (AAFA) has expressed support for revival of the Generalised System of Preferences (GSP) to reduce costs faced by US citizens.
Bangladesh to introduce drone technology to assess crop losses
20 DAE officers will get training on how to use the tech
Stocks make a comeback
The benchmark index of Dhaka Stock Exchange (DSE) staged a comeback yesterday, snapping a two-day losing streak.
ICT entrepreneurs demand extension of tax exemptions
With tax exemptions for the information technology (IT) and IT-enabled services sector ending after this fiscal year, ICT entrepreneurs are demanding the continuation of such incentives for seven more years to help build a ‘Smart Bangladesh’.
Aavishkaar Capital invests $ 5 million in Midland Bank
Aavishkaar Capital, a concern of Aavishkaar Group, in partnership with KfW, a German state-owned development bank, has signed an agreement to invest the $5 million from its Environmental, Social and Governance (ESG) First Fund into Midland Bank.
Beximco gets nod to issue bond
The Bangladesh Securities and Exchange Commission (BSEC) today gives the go-ahead to a zero-coupon bond for Beximco, one of Bangladesh's leading conglomerates, to raise Tk 1500 crore from institutional and high net worth individuals.
Smuggled sugar costing govt crores
The Bangladesh Sugar Refiners Association (BSRA) alleged that the government is being deprived of Tk 3,000 crore annually due to sugar smuggling.
Cut import duties on essential commodities: FBCCI
Build a database of the essentials to ensure smooth supply, it says
Scooter sales rev up as riders seek comfort
Local retailers post up to 65% rise in monthly scooter sales
Foreign loan commitment jumps 300% in Jul-Feb
Although foreign aid commitments made to Bangladesh by global lenders surged more than 300 percent year-on-year in the first eight months of the current fiscal year of 2023-24, disbursement has remained almost flat.
Litchi growers expect good harvest this year
There are over 4,000 orchards dotting the district
High bad loans a 'big threat' to financial sector: BB
The central bank said in quarterly review on money and exchange rate
