Business & Economy
Rescheduling classified loans behind inflation not abating: Ex-BB governor
Business Report : Bangladesh’s inflation is not abating due to frequently rescheduling classified loans, said former Bangladesh Bank governor Dr Mohammad Farashuddin on Thursday. “Due...
Russia keen to invest in electronic device manufacturing sectors of Bangladesh
Business Report : In a significant development aimed at enhancing bilateral cooperation, Russia has expressed a keen interest in forming joint partnerships and investing in...
Jenphar Bangladesh receives ‘Green Champion’ Award
Business Desk : Jenphar Bangladesh Limited has been awarded as ‘Green Champion’ for its outstanding contribution towards global climate as well as environment conservation using...
EBL declares 25pc dividend
Business Report : Eastern Bank has declared a 25 percent dividend, including 12.50 percent cash dividend, for the year that ended on December 31, 2023....
“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...
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...