“EDSL wins Green factory Award 2023”
Business Desk : Evitex Dress Shirt Limited (EDSL), sister concern of Evince Group received the “Green Factory Award 2023” from the Govt. of Bangladesh. The...
Business & Economy
United Power logs Tk 312 crore profit in Q3
Business Report : United Power Generation & Distribution Company Ltd (UPGDCL), Bangladesh’s first commercially independent electricity producer, recorded a 25 percent year-on-year increase in profit...
Rupali Bank to issue 45.33cr shares to govt against Tk678cr deposit
Business Report : Rupali Bank, the sole publicly-listed state-owned commercial bank, has decided to issue 45.33 crore ordinary shares at a price of Tk15 each...
Best Holdings reports robust quarterly revenue growth
Business Report : Best Holdings Limited, which owns Le Méridien Dhaka, achieved remarkable revenue growth during the July-March period of the fiscal 2023-24, driven by...
Desco incurs Tk270 crore loss in Jul-Mar
Business Report : The Dhaka Electric Supply Company (Desco) incurred a loss of Tk270.81 crore in the first nine months during the July-March period of...
Tightening of overdue loan classification will strain banks’ profitability: Moody’s
Reuters : Moody’s, the international credit rating agency, on Tuesday said they expected the tightening of overdue recognition for fixed-term loans to result in increases...
Renata’s profit grows by 21pc in Q3
Business Report : Renata Limited – a manufacturer of pharmaceuticals and animal health products – has reported a 21.4% growth in profit and while its...
Stock investors’ capital gains won’t be taxed: BSEC chairman
Business Report : Individual investors’ capital gains from stocks will not be taxed, said Professor Shibli Rubayat Ul Islam, chairman of The Bangladesh Securities and...
Sea Pearl sees a 67pc fall in profit in Jan-Mar
Business Report : Sea Pearl Beach Resort and Spa Limited – a firm listed on the stock market – has witnessed a significant fall in...
Marico declares lowest dividend since 2015
Business Report : The local operations of the Indian multinational company made a profit of Tk 388.97 crore in the previous year. Therefore, earnings per...