Rawhide loans target fall short
Business Report : Bangladesh Bank’s initiative to inject Tk 232 crore into the leather sector for rawhide procurement during Eid-ul-Azha has fallen short, with only...
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Source: ESPN
Business & Economy
UK economy shrank in April as tariffs, tax hike kicked in
AFP, London : Britain’s economy shrank more than expected in April, official data showed Thursday, in the first month of the Labour government’s business tax...
VAT on online sales commission tripled, small traders at risk
Business Report : Businesses operating online, including those in e-commerce, had hoped the internet would become more affordable. To that end, they had demanded a...
Mercantile Bank holds dividend
Business Desk : Mercantile Bank has decided not to declare any dividend for 2024 after reporting a provision shortfall of Tk1,700 crore against non-performing loans...
BD Paints share rises 43pc in 5 days
Business Desk : In just five days, the stock price of BD Paints, a small and medium enterprise listed on the SME board of the...
Asian shares stumble after Trump’s latest trade threat
AFP, Hong Kong : Asian shares were rattled Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks,...
Zara owner posts rising profit despite Trump trade war
AFP, MADRID : Zara owner Inditex, the world’s biggest fashion retailer, reported on Wednesday a slight rise in net profit in its first quarter despite...
Nestlé Bangladesh inks deal with Commercial Bank of Ceylon
Business Report : The Commercial Bank of Ceylon PLC Bangladesh Operations (CBC) recently has entered a strategic partnership with Nestlé Bangladesh PLC to arrange distributor...
Bizli Cables provides financial support to electricians’ families
Business Report : Bizli Cables, a leading cable brand of the country’s renowned business conglomerate RFL Group, is providing financial support for the medical treatment...
Nintendo says sold record 3.5m Switch 2 consoles in first four days
Business Desk : TOKYO: Nintendo said Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the...
Increased import benefits put domestic cosmetics industry in trouble
Business Report : In the proposed budget for the fiscal year 2025-26, Bangladesh’s interim government has sparked concern among local cosmetics manufacturers by introducing measures...