Business Report : Experience unparalleled freedom with a powerful 6000 mAh battery in a smartphone! Say goodbye to constantly searching for chargers and electrical outlets. With this powerful battery, the smartphone is effortlessly keeping pace with its users’ daily demands. Imagine streaming all the favorite shows or movies for hours or diving into a continuous gaming experience without any low battery anxiety. This is the reality with a smartphone that boasts a strong power backup. A smartphone with a 6000...
Business Report : There has been a notable improvement in the safety conditions within the shipbreaking industry, with a significant reduction in workplace accidents and worker fatalities, according to a report published by the Bangladesh Institute of Labour Studies (BILS) on Sunday. From 2015 to June 2024, a total of 124 workers have been killed, averaging 13.55 deaths per year until 2023. This year, only one worker fatality has been reported up to June, indicating a substantial decrease, said BILS...
Business Report : Shares on the Dhaka Stock Exchange (DSE) fell on Sunday, snapping a three-day gaining streak. The DSEX, the benchmark index of the premier bourse in Bangladesh, slipped 27.01 points, or 0.50 percent, to close the day at 5,328.40. Similarly, the DSES, the index that represents the Shariah-based companies, slid 3.51 points, or 0.30 percent, to 1,180.01, while the DS30, the index that consists of the best blue-chip firms, shed 12.93 points, or 0.67 percent, to 1,909.64. Turnover,...
Business Report : Telecom operators in Bangladesh will be forced to compensate for the call drops customers experience while using mobile phones, State Minister for Telecom and ICT Zunaid Ahmed Palak said on Sunday. Palak made this statement at a meeting organised by the Bangladesh Telecommunication Regulatory Commission (BTRC) to discuss the service quality of mobile operators, held at the BTRC’s office in the capital’s Agargaon. Palak also issued a warning, saying that stricter measures would be implemented to ensure...
Staff Reporter : Bangladesh is setting its sights on attracting Saudi Arabian deposits to its recently launched offshore banking system, according to Foreign Minister Hasan Mahmud. In a statement made on Sunday, the foreign minister revealed plans to discuss financial sector cooperation with the Kingdom of Saudi Arabia, with a particular focus on enticing Saudi companies and individuals to deposit their funds in Bangladeshi offshore accounts. “We are aware that Saudi Arabia traditionally deposits funds in various countries,” said Mahmud....
Business Report : Dwellers of 62 union parishads of Dhaka district now can pay holding tax through bKash using their...
Business Report : Linde Bangladesh Limited’s profit plummeted 40 percent year-on-year to Tk 52.56 crore in the year that ended...
Business Report : It is undeniable that contractionary policies to control inflation can in the long run slow down economic growth, Finance Minister Abul Hassan Mahmood Ali said on Saturday. “While there is a need to adopt contractionary policies to control inflation, it is undeniable that in the long run this approach can slow down growth,” he said, while addressing the parliament in his winding up speech on the proposed budget for the 2024-25 fiscal. He, however, said to build...
Business Report : The power supply from the Adani coal-fired power plant in India’s Godda in Jharkhand has been shut...
Business Report : Bank Asia PLC has organised the annual ‘AML & CFT conference 2024’ with the theme of “AML-CFT: Fostering & Enduring a Culture of Compliance to enhance AML & CFT knowledge & awareness among all the employees of the bank. Mr Md Masud Biswas, Head of Bangladesh Financial Intelligence Unit (BFIU) was present as the Chief Guest of the conference, according to a press statement. In his speech, he mentioned the emerging challenges of money-laundering, importance of awareness...