Business
Banking sector faces liquidity crisis, record NPLs in 2024
NN Online: Bangladesh’s banking sector faced a tumultuous year in 2024, struggling with a severe liquidity crisis and record levels of non-performing loans (NPLs), marking a challenging period for the banking industry. Depositors’ trust...
$242.5m remittance received in 28 days of Dec
NN Online: In the first 28 days of December, Bangladesh received remittances totaling $242.5 million, equivalent to approximately Tk 29,772 crore at an exchange rate of Tk 123 per dollar. This reflects an average...
Marketing of sedan cars kicks off in BD
Business Report : With a view to making cars more affordable for local consumers, Bangladesh has started marketing the world-class, brand-new sedan cars. To bring diversification to the automobile industry, the state-run top automobile...
Orion Infusion approves 12pc dividend
Business Report : Orion Infusion Limited’s 41st annual general meeting (AGM) was held on Thursday through a digital platform. The meeting was attended by Mohammad Obaidul Karim, Chairman; Salman Obaidul Karim, Managing Director Arzuda...
Global Islami Bank reconstitutes Shari’ah Supervisory Committee
Business Report : Global Islami Bank has reconstituted its six-member Shari’ah Supervisory Committee during a meeting of the board of directors held at the head office of the bank in the capital on Thursday.Chairman...
NRB World Summit held in city
Business Report : The NRB World Summit 2024 took place in the capital on Thursday, bringing together expatriate Bangladeshis from 25 countries to celebrate the vital contributions of Bangladesh’s global diaspora. The day-long event...
Baraka Power holds 17th AGM
Business Report : The 17th Annual General Meeting of Baraka Power Limited was held using a Hybrid System, combining a physical presence in Hotel Royal Mark, Sylhet, and an online presence on December 26,...
Bashundhara LP Gas won ‘Best Brand Award’
Business Report : Bashundhara LP Gas, the country’s leading brand, has won the “Best Brand Award” in the LPG category in Bangladesh for the 5th consecutive time, reflecting its trust and excellence. The award...
Shahjalal Islami Bank Victory Day Tennis Competition-2024 begins
Business Report : Under the supervision of Bangladesh Tennis Federation “Shahjalal Islami Bank Victory Day Tennis Tournament -2024” was inaugurated at National Tennis Complex in the capital on Friday. The Chairman and CEO of...
Govt to procure 1 cargo LNG, 1,30,000 MTs of fertilizer
Business Report : The government approved separate proposals for procuring one cargo of Liquefied Natural Gas (LNG) and 1,30,000 Metric Tons (MTs)of fertilizer to meet the country’s growing demand on Thursday. The approvals came...
Stocks rebound on both bourses
Business Report : After witnessing a downward trend in the last three sessions, stocks on Thursday rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues. DSEX, the broad...