RAK Ceramics to set up bathroom fittings plant
Business Desk :RAK Ceramics (Bangladesh) will invest Tk 95 crore to set up a bathroom fittings plant with the capacity to produce 1,500 faucets, shower...
Business & Economy
Separate ministry or division needed for blue economy: Shamsul
Business Desk :State Minister for Planning Shamsul Alam on Thursday called for setting up a separate ministry or a separate division under the Ministry of...
WB increases support for climate action in developing countries
Business Desk :The World Bank Group on Friday announced its new Climate Change Action Plan aiming to provide record levels of climate financing to developing...
Asian markets mostly rise after Wall St rally, euro dips
BSS :Asian markets rose Friday following a third straight rally on Wall Street, as below-par US data eased expectations for a sharper pace of interest...
BRAC Bank, TerraPay to enable faster cross-border payments for BD diaspora
Business Desk :TerraPay, the global payments infrastructure company, today announced a strategic partnership with BRAC Bank in pursuit of the commitment to foster financial empowerment,...
Taka loses more ground against USD
Business Desk :The taka depreciated once again against the US dollar in the inter-bank foreign exchange market on Thursday.The exchange rate stood at Tk 94.45...
Stocks extend losses for eight days
Business Desk :Stocks extended the losing streak for the eight consecutive sessions Thursday as the late hours selling pressure wiped-out the early gains.The market opened...
Edible oil price still unchanged
Economic Reporter :Bangladesh – with the recent price drop in the global market – had readjusted the local rates for edible oil, but markets across...
EICL approved 10pc Cash Dividend
Business Desk :Eastland Insurance Company Limited (EICL), approved 10 percent Cash Dividend for the year 2021 as recommended by the Board of Directors. The decision...
BIFC jumps 39pc in five days
Business Desk :The share price of Bangladesh Industrial Finance Company (BIFC), a junk stock, is rising ‘abnormally’ as the company topped the gainers’ list for...