IDLC Finance posts 53pc net profit growth in 2024
IDLC Finance PLC ended 2024 with standalone net profit after tax of Tk 1,673 million, which showed 53 per cent growth compared with that of the previous year, said a press release.
Business-Economy
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China鈥檚 manufacturing backbone feels Trump trade war pinch
Sky-high tariffs imposed on China by US president Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week 鈥� with some fearing business may never return.
BEPZA to allot plots in Jashore EPZ in 2026
The Bangladesh Export Processing Zones Authority is expected to start allocating plots for investors in Jashore Export Processing Zone by the end of 2026.
Production of chick, eggs to be shut from May 1: BPA
The country鈥檚 poultry farmers has announced that they would shut down country-wide production of chicken and eggs from May 1, as the sector fell under the grip of corporate syndicates.
Prices of onions, summer vegetables go up
The prices of almost all essential commodities, notably onions and summer vegetables, have risen on the capital鈥檚 kitchen markets over the week ending Friday.
Grameen Bank鈥檚 govt ownership cut from聽25pc to 10pc
The government鈥檚 ownership in Grameen Bank is set to come down from 25 per cent to 10 per cent following the approval of the Grameen Bank (Amendment) Ordinance in principle at an advisory council meeting on Thursday.
Next IMF loan tranche may face further delay
The release of the next tranche of the International Monetary Fund鈥檚 $4.7 billion loan to Bangladesh may face further delay, as the IMF has yet to reach a staff-level agreement with the government...
Govt urged to watch first, act then
Economist Rehman Sobhan on Thursday said rushing to Washington in a show of modesty to deal with the newly announced tariff policy by the United States was not a good strategy...
Bangladesh can expand exports to US after tariff hike: WTO report
The World Trade Organisation has observed that Trump鈥檚 tariff hike could open the door for Bangladesh to expand its exports to the United States...
Govt firm on helping local producers: NBR chair
National Board of Revenue chairman Md Abdur Rahman Khan on Thursday categorically said that the government was firm on facilitating the local producers...
RMG exports grew 10.84pc in July-March
The country鈥檚 readymade garment exports witnessed a healthy growth of 10.84 per cent during the July-March period of the current financial year fetching $30.25 billion that highlights the resilience and potentials of the apparel sector...