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Sonali Aansh Industries’ profits more than tripled in the third quarter of the current financial year on the back of higher export turnover. Earnings per share were Tk 1.78 in the January-March period of 2022, up 263 per cent against Tk 0.49 in the same period a year ago, according …

The trade licence issuance process needs to be simplified and moved online while simplification of the bank loan process is also needed to help boost women owned businesses, according to a report by Business Initiative Leading Development (BUILD). At present, women owned businesses constitute 7.2 per cent of the 80 …

A group of marginalized farmers were given income-generating support aimed at improving their living and livelihood conditions in the district on Friday. Ten farmers were given goats, while two students Taka 12,000 each as education support as part of a two-day long farmers learning fair at Fazar Ali Mollah Degree …

Entrepreneurs should work with innovations for substantial and sustainable expansion and promotion of their business. They should also have basic knowledge related to expand their business together with making those profitable through attaining trust of the buyers in general. Business experts came up with the observation while addressing a daylong …

Fisheries and Livestock Minister S M Rezaul Karim said the government has taken extensive initiatives to conserve native fish to increase fish production in the country. “As part of the initiative, a number of projects is being implemented for the development of the country’s fisheries sector… many native fish are …

Stakeholders will sign an agreement on June 12 to commence the trading of treasury bonds in a bid to diversify the capital market with the participation of general investors. Bangladesh Bank, Bangladesh Securities and Exchange, Dhaka and Chattogram bourses, Central Depository Bangladesh Ltd and Central Counterparty Bangladesh Ltd will sign …

Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker’s total headcount will increase over the next 12 months, but the number of salaried staff should be little changed, backtracking from an email just two days ago saying that job cuts of 10 per cent were …

At the gates of the Black Sea, trade is in full swing as freighters and oil tankers sail from the heart of Istanbul to Russian and Ukrainian ports. Just after the Russian offensive in Ukraine on February 24 and the first Western sanctions, the largest vessels of international companies plying …

The government will reprioritise 1,800 projects currently being implemented in different sectors to reduce pressure on the central bank’s foreign exchange reserves and stymie volatility in the economy, said Planning Minister MA Mannan yesterday. All the projects are not equally important and there will be no problem if the implementation …

The government has set an inflation target of 5.5 per cent for the next fiscal year although the prices of basic commodities are sitting at elevated levels for higher commodities prices globally amid lingering supply chain disruptions and the Russia-Ukraine war. And economists say the goal for FY2022-23 might not …