Rice high price hinders trend of easing inflation
Business Desk : Despite a record Boro harvest, rice prices in Bangladesh remain unusually high raising questions about market manipulation amid weak monitoring and regulation....
Business & Economy
Handa garments to invest $41.33m in BEPZA EZ
Business Report : Chinese apparel manufacturer Handa (Bangladesh) Garments Co. Ltd will invest US$41.33 million to set up a garment factory in the BEPZA Economic...
KGDCL inks deal for selling gas to KAFCO
Business Desk : A gas sales and payment agreement was signed between Karnaphuli Gas Distribution Company Limited (KGDCL) and Karnaphuli Fertiliser Company Limited (KAFCO) on...
Bangladesh Bank likely to ease monetary policy amid interest rate shift
UNB: Bangladesh Bank is expected to revise its long-standing contractionary monetary policy, with an eye towards easing interest rates. This crucial shift comes in response...
Shibli Rubayat and Sheikh Shamsuddin banned from capital market
UNB: Shibli Rubayat-Ul-Islam, former chairman of the Bangladesh Securities and Exchange Commission (BSEC), has been declared ‘persona non grata’ in the capital market for life,...
StanChart, KMSS empower 1,200 female farmers in Jashore
Business Report : Standard Chartered Bangladesh has partnered with Khulna Mukti Seba Sangstha (KMSS) to promote entrepreneurship among 1,200 marginalised female farmers in Jashore through...
Eastern Bank profit surges 11pc in Q2
Business Desk : Eastern Bank has posted an 11 per cent year-on-year increase in its consolidated net profit for the second quarter of this year....
Vision Tech inks agreement with ZTE Corporation
Business Report : Vision Technologies Limited has recently signed an exclusive distribution agreement with ZTE Corporation, a global telecom and technology firm. Under this partnership,...
Robi profit rises by 133pc in Q2
Business Desk : Robi Axiata PLC, country’s second largest telecom operator, reported that its profit rised by 133 per cent in the second quarter of...
BD seeks 10-20pc tariff in final US trade negotiations
Business Desk : The trade team from Bangladesh has left for the United States to take part in the third and last round of talks...
TheBrief: AB Bank organises workshop on EDP
Business Desk : AB Bank PLC recently concluded a month-long “Entrepreneur Development Program” (EDP) under the SICIP project of SME & Special Programs Department of...
TheBrief: IFIC Bank partners with NPA
Business Desk : IFIC Bank PLC has partnered with the National Pension Authority (NPA) to facilitate monthly premium payments for the Universal Pension Scheme. A...