Industries

Industries

Govt plans to hire foreign firms to operate Ctg Port

The government is considering appointing some of the world’s most experienced port operators to manage Chattogram Port and other sea and land ports in the region, said Chief Adviser’s Press Secretary Shafiqul Alam yesterday.

10h ago

Square Pharma’s Q3 profit jumps 18%

Two entities of Square Group -- Square Pharmaceuticals and Square Textiles -- reported positive growth in the third quarter of the 2024-25 fiscal year.

2d ago

BRAC Bank, City Bank surpass Tk 1,000cr in net profits

Private commercial lenders BRAC Bank and City Bank registered significant profit growth last year..BRAC Bank’s consolidated profit surged 73 percent year-on-year to nearly Tk 1,432 crore, while that of City Bank rose by 59 percent to around Tk 1,014 crore..BRAC Bank reported consolid

2d ago

Bangladesh launches ‘Soy Month’ to promote protein awareness

The Bangladesh Poultry Industries Central Council (BPICC), in collaboration with the US Soybean Export Council (USSEC), has launched the first-ever “Soy Month” to raise public awareness of soybean’s nutritional, agricultural, and economic significance..The initiative was inaugurated at the

2d ago

Pran-RFL to revive Rajshahi Textile Mill

The group has already begun trial production on the 26-acre site and plans to fully operationalise the facility within two years, investing around Tk 350 crore

2d ago

RMG leaders urge rate cuts, energy fixes as US tariffs loom

Industry leaders urged the government to urgently address these domestic constraints.

2d ago

Reserves reach $22 billion after seven months

Bangladesh's foreign exchange reserves have reached the $22 billion mark after several months, thanks to an increased inflow of foreign currency generated by remittances and export earnings.

3d ago

BSEC suspends 21 officials 

The Bangladesh Securities and Exchange Commission (BSEC) has suspended 21 officials over allegations of misconduct and disciplinary breaches during a protest against the top brass of the market regulator in March this year.

3d ago

BSEC promotes orange bond to improve women’s access to finance

The Bangladesh Securities and Exchange Commission (BSEC) promotes orange bonds to provide women entrepreneurs, especially those in rural areas, an easy financing solution, remove gender bias, and improve women’s living standards, said its officials yesterday.. They were addressing a worksh

3d ago

No margin loan for power sector

The taskforce for capital market reforms has suggested excluding power plants from the list of marginable securities as their nature of having fixed tenures makes them more aligned with bonds..The taskforce submitted its final proposals to the Bangladesh Securities and Exchange Commission

4d ago

Beximco Pharma seeks more time to publish Q3 financials

The company made the request as the BSEC’s proposed appointment of nine additional independent non-executive directors to its board remains pending before the High Court of Bangladesh

4d ago

Narrowing gender gap an economic necessity, speakers say

Narrowing the gender gap is not only a social imperative but also an economic necessity, as changing mindsets and increasing women's participation could boost the country’s GDP, speakers said at a seminar yesterday..“Women’s empowerment remains central to building a prosperous future,” sai

4d ago

Jamuna Oil’s profit jumps 56% in Q3

The company’s earnings per share (EPS) stood at Tk 12.73 for January-March 2025

4d ago

Heidelberg Materials Bangladesh’s profit drops 50% in Q1

Heidelberg Materials Bangladesh saw its profit decline in the January-March quarter of 2025 due to lower sales.

5d ago

Walton to invest Tk 114 crore to manufacture lithium-Ion batteries locally

The initiative aims to establish a sophisticated manufacturing facility for high-quality lithium-ion cells, Walton said

5d ago

Singer Bangladesh’s losses widen in Q1 despite higher sales

However, Singer’s sales rose 39 percent year-on-year

5d ago

Rival panels submit nominations for BGMEA elections

In the BGMEA election, two panels — the Forum and Sammilito Parishad — are contesting

6d ago

World breathes sigh of relief as Trump spares Fed, IMF

Global policymakers gathering in Washington this week breathed a collective sigh of relief that the US-centric economic order that prevailed for the past 80 years was not collapsing just yet despite Donald Trump's inward-looking approach..The Spring Meetings of the International Monetary F

6d ago