Nagad to disburse allowances from PM’s welfare fund
Business Desk :Nagad has been entrusted with the job of disbursing financial assistance among fire affected traders in Gopalganj’s Kotalipara, which reflects the government’s continuous...
Business & Economy
Heidelberg Cement shares jump as it returns to profit
Business Report :Heidelberg Cement Bangladesh Ltd, the maker of Scan-branded cement, returned to profit in the first quarter of 2023, buoyed by higher net sales...
IBBL registers dip in profit
Business Report :Islami Bank Bangladesh Ltd (IBBL) on Sunday said its earnings slumped 32 per cent year-on-year in the first quarter of 2023. The largest...
Beximco’s profit dropped by 72pc in Jan-Mar quarter
Business Desk :Beximco’s net profit dropped by over 72% in the January-March quarter of the fiscal year 2023, reaching Tk109 crore. This was down from...
Dollar crunch forces Httpool to limit ad services for now
Business Desk :The ongoing dollar crunch has hit F-commerce shores, as Httpool Bangladesh, Meta’s authorized sales partner in the country, has announced that it will...
Saidul Islam elected Jamuna Bank chairman
Business Report :Md Saidul Islam has been elected as chairman of Jamuna Bank Limited for a one-year tenure.The board of directors of the bank elected...
Crude prices up over 2pc on rising US oil demand
Reuters, Tokyo :Oil prices mostly rose over 2 per cent on Friday after energy firms posted positive earnings and US data showed crude output was...
Forex reserves to drop to $30bn after paying $1bn ACU import bill
Business Desk :The pressure on Bangladesh’s foreign currency reserve will mount further as the Bangladesh Bank is set to clear import bills amounting to over...
Trade through Sonahat land port resumes after 10 days
UNB, Kurigram :Trade with India via Sonahat land port in Kurigram’s Bhurungamari Upazila resumed on Saturday after 10 days of closure on the occasion of...
Inflation approaches 47pc in Pakistan
Business Desk :Short-term inflation, based on the Sensitive Price Index (SPI), rose to 46.82 per cent year-on-year for the combined income group for the week...