Business Report : Bangladesh’s second-largest mobile telecom operator Robi Axiata logged a consolidated net profit jumped by 133% to Tk403...
Day: November 2, 2024
Economic Reporter : In the April-June quarter of FY ’24, Bangladesh’s ready-made garment (RMG) industry saw its lowest value addition...
BSS, Dhaka : Asian Development Bank (ADB) will invest in research and development of agriculture and food technology sector of Bangladesh. The development partner will also invest for human resource development and climate management. A five-year project ‘Strengthening High Education in Agriculture Project (SATP)’ of about Taka 2,300 crore has been taken, which is expected to start from next year, said a press release. ADB Country Director to Bangladesh Hoe Yun Jeong said it when he paid a courtesy call...
Business Report : DBH Finance PLC reported a 40per cent growth in net profit after tax for July to September quarter of the year. At the same time, the company reported a growth of 18per cent in operating profit for Q3 and 22per cent for first 9 months of the year. The company’s Earnings per Share (EPS) surged to Tk. 1.68 for Q3, up from Tk. 1.20 in the corresponding quarter of previous year. The EPS for January to September...
Business Report : Islami Bank Bangladesh incurred a loss of Tk100 crore in the July-September quarter of this year, an unprecedented event for the country’s largest private lender in over three decades. According to its price-sensitive statement published on Wednesday (30 October), the bank suffered a Tk0.62 loss per share during the quarter. As per the consolidated basis (including income of its subsidiaries), its loss came down to Tk89 crore during the quarter. Its consolidated loss per share during the...
Business Report : Anwar Group, a cornerstone of Bangladesh’s economic landscape, is proud to commemorate its 190th anniversary. This significant...
Business Desk : Renowned fabric company Purbani, established in 1973, is going to celebrate its 51st anniversary of founding on...
Business Report : The government has a plan to drill nine more natural gas wells in Bhola by 2028 as...
BSS : Bangladesh Meteorological Department on Friday predicted mainly dry weather over the country, but rain likely over some parts of the country for the next 24 hours begins from on Friday morning. “Light rain is likely to occur at one or two places over Rangpur, Dhaka, Barishal and Chattogram divisions. Weather may remain mainly dry with temporary partly cloudy sky elsewhere over the country,” according to the forecast that begins 9am on Friday. Day temperature may remain nearly unchanged...