NBFIs directors cannot appoint representatives in other non-banks
Business Report :The directors of non-bank financial institutions (NBFIs) will not be allowed to appoint their representatives as directors to boards of other non-banks, according...
Business & Economy
Parachute Advansed Extra Care launches new campaign
Business Desk :Parachute Advansed Extra Care, an anti-hair fall oil launches the first-ever trichologist campaign on alleviating common hair fall problems on social media. The...
DSE turnover hits 3.5-month high
Business Report :Turnover of the Dhaka Stock Exchange (DSE) maintained its growing trend on Wednesday and hit a 3.5-month high of Tk 765 crore.Meanwhile, the...
Dollar and Taka card transactions drop by 300c in Feb
Business Desk :Both Taka and Dollar transactions through cards dropped by almost Tk300 crore in February compared with the previous month of January.On February 23,...
Karnaphuli Insurance sees drop in profit, dividend
Business Report :Karnaphuli Insurance Company logged lower profits and declared lower dividends for its shareholders for the year ended on December 31, 2022.The insurer declared...
UCB posts 32pc rise in profit in 2022
Business Report :United Commercial Bank Ltd reported a 32 per cent increase in profit to Tk 330.47 crore in 2022.The profit stood at Tk 250.31...
Doreen Power’s profit drops 65pc due to costly dollar
Business Report :Doreen Power Generation Company witnessed 65 per cent year-on-year fall in its profits in the January to March period of 2022-23 financial year.The...
Runner Automobiles incurs losses again
Business Report :Runner Automobiles continued incurring losses, as the company posted a loss of Tk 16 crore in the January to March period of 2022-23...
DBBL makes Tk 566 crore profit in 2022
Business Report :The Dutch-Bangla Bank Ltd made a Tk 566.34 crore profit in the year that ended on December 31, up 1.85 per cent year-on-year.The...