Current News

Summit Alliance Port said its earnings rose in the first half of the current financial year of 2021-22 as its handled an increased volume of containers for international trade during the period. The net profit of the leading off-dock increased 7 per cent year-on-year to Tk 10.35 crore in the …

Fakir Apparels Ltd (FAL) appointed 400 new workers last month after training them for three months at its training centre as the Narayanganj-based garment factory has received 25 per cent more work orders this season compared to the last season. The factory has established a separate training centre to turn …

Square Textiles Ltd, a concern of Square Group, yesterday said its profit rocketed in the first six months of the financial year as revenue growth outpaced the cost of sales. The textile company also cut its finance cost significantly. As such its overall earnings grew nearly six times to Tk …

Stocks slumped on Monday as the risk-averse investors opted for booking profits on major sector issues amid fear of further price erosion. The market started on a positive note, but the morning optimism failed to sustain because of profit booking selling frenzy. DSEX, the prime index of Dhaka Stock Exchange …

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said expansion of clean energy is a must for balanced development. “Balance distribution of modern technology for increasing the use of renewable energy is required, keeping the environment safe,” he said this while speaking as the chief guest at a …

The prime index of the domestic stock market plunged yesterday as investors entered a selling spree in the face of rising coronavirus infection rates. Investors are quite shaky now as the number of Covid-linked deaths is growing, according to a stockbroker. “If the number continues to rise, then the government …

Dhaka and Bangkok have agreed to raise bilateral ties to a newer height through further intensifying trade and investment relations between Bangladesh and Thailand, reports BSS. This was discussed in a telephone conversation between Bangladesh foreign minister Dr AK Abdul Momen and his Thai counterpart Don Pramudwinai today. During the …

A staggering 7,167 bankers lost jobs between April 2020 and September last year as private commercial banks desperately tried to cut operational costs amid a business slowdown brought on by the coronavirus pandemic. The employees, who were either fired or forced to resign, represented nearly 6 per cent of the …

Participating companies of the 26th Dhaka International Trade Fair (DITF) bagged export orders worth about $16 million at the month-long event that ended yesterday. In terms of completed sales, goods worth some Tk 40 crore were sold at the annual trade fair, which was held at its new venue in …

The price of rice is increasing despite a record production and the highest stock in silos, Agriculture Minister Muhammad Abdur Razzaque said on Sunday. Since rice is the staple food the country will have to further boost the grain production at any cost, the minister said at a meeting to …