May 14, 2025

SME foundation proposes 1pc AIT instead of 5pc

Business Reporter : The Small and Medium Enterprise (SME) Foundation has proposed 1 percent advanced income tax (AIT) on raw material importing instead of the...

Business & Economy

May 14, 2025

bKash reports Tk132cr profit in 3 months

Business Desk : bKash, the country’s leading mobile financial service provider and a subsidiary of BRAC Bank, reported a significant 88 per cent year-on-year growth...

Business & Economy

May 14, 2025

3 new RMG factories get LEED certification

Business Desk : Three new RMG factories in the country got LEED certification, which is testament to the country’s unwavering commitment to environmental sustainability in...

Business & Economy

May 14, 2025

BRAC Bank’s Q1 net profit rises 47pc

Business Desk : BRAC Bank PLC reported higher profits in the first quarter of its financial year 2025, driven by increased investment and interest income.The...

Business & Economy

May 14, 2025

Bengal Commercial Bank recently inks deal with Bangladesh Bank to implement the “Skills for Industry Competitiveness and Innovation Program (SICIP)” for the period 2025-2027. Tarik Morshed, MD of Bengal Commercial Bank and Md. Nazrul Islam, Additional Director of Bangladesh Bank exchange the deal on behalf of their organisations at the Bangladesh Bank’ head office in the capital.

Business & Economy

May 14, 2025

Wahidur Rahman, General Manager of Step Footwear inaugurates its new Showroom at Central Basaboo in the capital recently. Other senior officials of the oirganisation, local customers and business people were present.

Business & Economy

May 14, 2025

Uttara Bank declares 35 per cent (17.50 per cent cash and 17.50 per cent stock) dividend for the year-2024 in its 42nd Annual General Meeting held at the bank’s head office in the capital on Monday. Azharul Islam, Chairman of the Board of Directors of the bank presides over the meeting. Other senior officials of the bank were present.

Business & Economy

May 14, 2025

Pragati Life Insurance achieves ISO 27001:2022 Certification

Business Report : Pragati Life Insurance PLC has been officially awarded the ISO 27001:2022 certification, recognising its excellence in Information Security Management Systems. Intertek, a...

Business & Economy

May 14, 2025

Chairman of the Board Audit Committee of Exim Bank Khandaker Mamun FCA speaks at its 150th board audit committee meeting held at the bank’s head office in the capital recently. Members of the Board of Directors of the Bank Md. Nurul Amin Faruk, Anjan Kumar Saha and other senior officials of the bank were present.

Business & Economy

May 14, 2025

First Security Islami Bank organises 2-day `Retreat Programme’ for officials of Cumilla Zone at Bangladesh Academy for Rural Development (BARD), Cumilla. Abu Reza Md. Yeahia, Managing Director (Current Charge) presides over the programme while Md. Sirajul Islam, DMD and other senior officials of the bank were present.

Business & Economy

May 14, 2025

Md Obaydul Haque, former executive director of Bangladesh Bank and former principal of NRBC Bank Training Institute, recently joined Janata Bank PLC as a director. On the occasion, Chairman of the board of directors of Janata Bank PLC Md Fazlur Rahman greeted newly-appointed director of the bank Md Obaydul Haque at a function at its head office in the city on Monday.

Business & Economy / spotlight

May 13, 2025

IMF finally agrees to release $1.3bn loan tranche for Bangladesh in June

UNB: The International Monetary Fund (IMF) has finally agreed to disburse the next two tranches of its $4.7 billion loan package for Bangladesh, amounting to...