Business Report : Tecno Mobile Bangladesh has been awarded the Best Retailer (Mobile Handset) title at the Bangladesh Retail Congress 2024. This honor reflects Tecno’s unwavering focus on enhancing consumer satisfaction, convenience, and delivering an unparalleled retail experience through its exclusive outlets across the country. In a highly competitive mobile market where both global and local brands are vying for consumer attention, Tecno has strategically positioned its retail network to offer something different – a seamless, state-of-the-art experience designed around...
Business Report : GPH Ispat, one of the leading steel manufacturers in the country, posted Tk 85.64 crore in net profit for the fiscal year ending on June 30 this year. The profit is 205 percent higher than the previous year and highest in 15 years.The improved profitability is largely attributed to the company’s effective management of foreign currency exchange losses, GPH said in its disclosure posted on the website of the Dhaka Stock Exchange (DSE) on Tuesday. The company’s...
Business Report : Sonali Life Insurance Company, a private sector life insurance entity organized its annual event ‘Leaders Club Award’...
AFP, Colombo : Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster...
Business Report : vivo V40 5G offers to say goodbye to worries about sudden downpours. This innovative smartphone features IP68 and IP69 water and dust resistance, enabling it to thrive in wet conditions. You can be in the rain for up to 30 minutes, and it will not affect the V40 5G at all!Additionally, the phone can slip into fresh water at depths of up to 1.5 metres and remain completely unscathed. It can withstand immersion for up to 30...
Business Report : In a signi?cant humanitarian effort, the UAE Red Crescent, in collaboration with UAE AID, has launches a...
Business Report : Even though Bangladesh’s GDP growth rate has been set to a revised 4.5% for FY2024-25, the country...
Kamruzzaman Bablu : Allegations of illegal visa trading have arisen against more than 1,100 Bangladeshi recruiting agencies, which are not...
Business Report : The Bangladesh Securities and Exchange Commission (BSEC) has formed a five-member task force, which will mainly work to increase confidence of the investors and ensure good governance in the stock market. Prof Mohammed Helal Uddin, a professor of the economics department of Dhaka University, and KAM Majedur Rahman, a former managing director of the Dhaka Stock Exchange, will work in the taskforce. AFM Nesaruddin, senior partner of Hoda Vasi Chowdhury & Co; Md Mostofa Akbar, a professor...
Business Report : Shabbir Ahmed has joined ONE Bank PLC as its Additional Managing Director. Prior, he was the Deputy...
Business Report : Stocks on Monday extended its losing streak as the risk-averse investors preferred to book profit on quick-gaining shares. DSEX, the key index of the Dhaka Stock Exchange (DSE), closed the day with 43.72 points down and settled at 5,335.06 points. The DS30 index, comprising blue chips, fell 22.09 points to finish at 1,942.22 and the DSE Shariah Index (DSES) closed the day with 1.47 point down to close at 1,189.39. Turnover, a crucial indicator of the market,...
Business Report : The government is considering reducing the import duty on rice in an effort to stabilise rice prices in the country.Sources at the finance, commerce, and food ministries indicate that this decision is being contemplated due to recent floods that severely impacted paddy cultivation. Major agricultural areas, including Chattogram, Feni, Noakhali, Laxmipur, and Cumilla, were flooded, and currently, Rangpur, Sherpur, Lalmonirhat, Netrokona, and Mymensingh are facing flood. These regions are vital rice producers for the country. As a...