Bank Asia posts 22pc rise in profits
Business Desk :Leading private financial institution Bank Asia recorded a 22 percent year-on-year increase in profit in the first nine months of 2023. Its profit...
Business & Economy
MTB’s profit falls nearly 15pc
Business Desk :Mutual Trust Bank (MTB) Ltd’s profit fell 14.78 percent year-on-year to Tk 190 crore in the Jan-September period of 2023. Thanks to an...
Turkey lifts key rate for 5th month in inflation battle
AFP, Istanbul :Turkey’s central bank sharply lifted its policy rate for the fifth month running on Thursday as part of its politically charged battle against...
PM seeks trade benefit from Belgium, Luxembourg
BSS, Brussels :Prime Minister Sheikh Hasina yesterday called upon Belgium and Luxembourg to continue tariff and quota-free access of Bangladeshi goods to their markets till...
Tech titan Amazon sees profit climb as cloud promises boon
AFP, San Francisco :Online retail colossus Amazon on Thursday said profit surged in the recently ended quarter on growing sales and more efficient deliveries, with...
Mokam sign deal with Indonesian FMCG
Business Desk :Bangladesh’s leading B2B commerce platformMokam, has joined hands with Kalbe, an Indonesian Fast-Moving Consumer Goods (FMCG) and healthcare giant. This significant agreement was...
Walton returns to profit in Q1
Business Desk :Walton Hi-Tech Industries PLC saw its profits bounce back in the first quarter of the current fiscal year mainly due to lower finance...
NCC bank gets top bosses
Business Desk :Md. Abul Bashar and Sohela Hossain have been re-elected as Chairman and Vice Chairman respectively. The Board of Directors of the bank took...
GP gets new chairman
Business Desk :Petter-Børre Furberg has been appointed as chairman of Grameenphone with effect from October 1 this year. With a career of over two decades...
Apparel manufacturers demand action to achieve $100b in exports by 2030
Business Report :Despite the ongoing global economic crisis, the country’s ready-made garment sector is performing well, according to Bangladesh’s apparel manufacturers. However, certain non-tariff issues...
High cost of sales trims BATBC’s profit growth
Business Desk :British American Tobacco Bangladesh Company Ltd (BATBC), the largest tobacco product maker in the country, witnessed a slowdown in its profit growth in...