Industries
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
BB's support helping banks avert pre-Eid liquidity crunch
Although banks in the country normally face a liquidity shortage due to cash withdrawals ahead of Eid-ul-Fitr each year, a majority of them have sufficient funds on hand this time around thanks to continuous liquidity support from Bangladesh Bank.
FBCCI's plea for tariff protection devoid of reality
On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.
Telenor to stay in Bangladesh for long
Telenor, the parent company of leading mobile phone operator Grameenphone, has a long-term commitment to the Bangladesh market.
Gold price to break all-time record
The price of gold in Bangladesh is set to break all previous records tomorrow as jewellers in the country today decided to further increase their rates for precious metal.
Attacks in hilly areas will not affect tourism: tourist police chief
Additional Inspector General of Police Md Abu Kalam Siddique, the chief of Tourist Police, today said the attack in the hilly areas will not affect tourism sector
Five ICT trade bodies demand tax exemption until 2031
Five associations representing the ICT sector yesterday demanded that the government extend tax exemptions on businesses offering software and IT-enabled service (ITES) till 2031, saying their development was crucial to the government’s vision for a Smart Bangladesh.
Bangladesh must accelerate man-made fibre production to boost exports: PwC study
Bangladesh should fast-track the production of garments from man-made fibre (MMF), as the global exports of such apparel is projected to increase from 50 percent in 2022 to 60 percent in 2030, according to a recent study by Price Waterhouse Cooper (PwC)
Renata starts directly exporting medicines to US
Renata PLC has begun exporting medicines to the US market, becoming the sixth pharmaceutical manufacturer from Bangladesh to directly ship products to the world's largest market
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’.
