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....
Business & Economy
“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...
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...