business
The silent epidemic of email overload
Email communications are like oxygen in today's corporate governance and business promotions.
Banks’ CSR spending slumps
Banks’ spending on socially impactful schemes as part of their corporate social responsibility (CSR) fell in the second half of 2023, said a central bank report yesterday..During the July-December period of last year, banks spent Tk 353 crore on CSR-related activities, which was 31 percent
Implement mechanism to identify illegal handsets
Mobile phone makers also demand stability in tax policy
Looking into the lack of programming courses for Business students
With a foundation in programming, those in the professional field gain crucial insights into the capabilities and constraints of IT systems.
Square Pharmaceuticals announces Tk 400 crore expansion plan
Square Pharmaceuticals Ltd, the country’s biggest drug maker, has announced today its plan to invest Tk 400 crore for expansion. The funds would be used for BMRE (Balancing, Modernisation, Rehabilitation and Expansion), and the purchase of capital machinery and land for the future expansion of its business.
#Technology / The rise of AI startups
Artificial Intelligence or AI as it’s more commonly known, has been the buzz of the tech world recently. AI has revolutionised the technology ecosphere and disrupted the market with significant brute force. Tech startups have utilised the power of AI to develop innovative ideas that benefit their customers in a number of ways giving them a significant advantage in the market. We will discuss some of the many facets of AI startups and how they affect our present and future.
Rising dollar price hurts Renata’s profit
Pharmaceutical company Renata Ltd witnessed a 35 per cent year-on-year drop in net profit in the October-December period due to increased price of raw material generated by the dollar crisis.
After energy, LC opening crisis now cripples businesses
At the beginning of 2022, businesses were upbeat and many of them thought that the worst stemming from the losses induced by the coronavirus pandemic was finally over. That was short-lived.
Satire / Entrepreneur caught selling New Market t-shirts online at 10 times the price
To sell a scam, one must call it a lifestyle.
Philippines cancels license of remittance firm after BB heist probe
Philippine central bank says it revoked the license of a remittance company that anti-money laundering investigators said was used to transfer some of the $81 million hackers looted from the Bangladesh central bank.
Ad-blocking software use for mobile surges: study
The use of ad-blocking software for mobile devices has nearly doubled in the past year, raising questions about the viability of online media business models.
Bangladesh’s first B2B online platform launches
The country’s first business to business (B2B) platform ‘Pricekoto’ (what’s the price) begins its operation on Tuesday. The parent company Ezzy Group will guide the new business service in its operation.
Remembering Hefajat’s mayhem
On this day three years ago, the Hefajat-e Islam men got locked in deadly clashes with law enforcers and the ruling Awami League men in Dhaka and turned the whole business district of Motijheel into a battlefield.
Inflation falls slightly in April
The overall inflation rate has dropped by 0.04 percentage point to 5.61 percent in April.
2 businessmen held over BASIC Bank loan scam
The Anti-Corruption Commission arrests two businessmen in a case filed over Basic Bank's Tk 76 crore loan scam.
15% uniform VAT from next fiscal: Muhith
Despite opposition from businesses, Finance Minister AMA Muhith says a uniform 15 percent VAT will be applicable from next fiscal year.
Apple revenue falls for first time since 2003
Apple reported a 13% drop in its second quarter revenue on Tuesday as sales of iPhones slipped.
ADB forecasts 6.7% growth for 2015-16
Banlgadesh’s growth for this fiscal will improve marginaly and stand at 6.7 percent driven by apparel export and domestic consumption, Asian Development Bank forecasts.
BB’s ‘coordinated move’ to recover stolen money
Bangladesh Bank says it has launched a “coordinated move” to recover the $101 million that was lost in cyber heist from the central bank’s account with US’ Federal Reserve Bank.
