Business
ADB approves $600m budget support
Business Report : The Asian Development Bank (ADB) will provide a $600 million policy-based loan (PBL) to the government of Bangladesh, with a package of structural reforms supporting the mobilization of domestic resources. The...
Paramount Textile’s declines 20pc profit in Q1
Business Report : Paramount Textile witnesses a drop in profit in the first quarter because of high finance costs and the closure of an associated company. The company’s profit stood at Tk 19.16 crore...
BEPZA inks deal with Chinese company to set up Battery Plates industry
Business Report : Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with Bangladesh Prothoma Power Supply Ltd., a Chinese company, to establish a battery plates manufacturing industry in the BEPZA Economic...
Tamijuddin Textile accrues 2.33pc profit in July- Sep
Business Report : Tamijuddin Textile Mills – a cotton and polyester yarn maker – posted 2.33per cent year-on-year profit growth in the July to September quarter of the current fiscal year compared to the...
Price fall in large-cap drives stocks further down
Business Report : Country’s both the bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — on Wednesday plunged further due to mainly price fall in large-cap securities. DSEX, the broad index of...
Govt to procure 1.30 lakh MTs fertiliser
Business Report : The government approved separate proposals for procuring 1.30 lakh Metric Tons (MTs) of fertilizer to meet the growing demand of the country on Wednesday. The approval came from the 16th meeting...
UCB inks deal with Prime Bank
Business Report : Universal College Bangladesh (UCB) has signed a Memorandum of Understanding (MoU) with Prime Bank PLC, creating new opportunities for UCB graduates to launch their professional careers. The signing ceremony, held at...
Graduation Ceremony of Brave by Coach Kanchon Academy
Business Report : The graduation ceremony of Brave Business Coaching Batch 3 and 4 by Coach Kanchon Academy was held with grandeur on Saturday evening at Hotel Intercontincntal in the capital. Elias Kanchon, founder...