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    GP posts record Tk 3,672cr net profits in 2020

    Staff Correspondent | Updated at 05:48pm on January 28, 2021

    Leading mobile phone operator Grameenphone posted a record Tk 3,671.71 crore net profit in 2020 despite suffering a 2.82-per cent revenue fall in the year...

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    Saudi Arabia hosts ‘Davos in Desert’ amid pandemic

    Agence France-Presse . Riyadh, Saudi Arabia | Updated at 10:57pm on January 27, 2021

    Saudi Arabia will host a two-day Davos-style investment forum starting Wednesday, with dozens of global policy makers and business tycoons lined up to speak at...

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    Brexit: French cos adapt to added costs, delays

    Agence France-Presse . Tigery, France | Updated at 10:56pm on January 27, 2021

    French companies must confront new procedures that have caused delays and additional costs for doing business with post-Brexit Britain, sparking concerns about an uncertain future....

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    Boeing reports $11.9 billion annual loss

    AFP | Updated at 10:54pm on January 27, 2021

    Boeing concluded a bruising 2020 on Wednesday with another unpleasant surprise: a $6.5 billion hit from delays to its new 777X plane that exacerbated its...

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    Hasne Alam appointed DMD of MBL

    Business Desk | Updated at 10:52pm on January 27, 2021

    Mercantile Bank Limited has appointed Hasne Alam as deputy managing director of the bank, said a press release. Earlier, he was a DMD of Islami...

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    Ali Ahmed elected NRB Bank’s RMC chairman

    Business Desk | Updated at 10:51pm on January 27, 2021

    Ali Ahmed has been elected chairman of risk management committee of the board of NRB Bank, said a press release. The board of directors of...

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    Anwarul elected IBCF chairman

    Business Desk | Updated at 10:42pm on January 27, 2021

    The Islamic Banks Consultative Forum has elected Social Islami Bank chairman Anwarul Azim Arif as chairman and re-elected Al-Arafah Islami Bank chairman Abdus Samad and...

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    Teletalk’s network up-gradation for 4G, 5G progressing: PM tells JS

    Bangladesh Sangbad Sangstha . Sangsad Bhaban | Updated at 10:41pm on January 27, 2021

    Prime minister Sheikh Hasina on Wednesday said that state-owned mobile phone operator Teletalk was implementing different network expansion, up-gradation and modernisation projects to provide quality...

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    BSEC probes Shurwid’s deceiving dividend declaration

    Staff Correspondent | Updated at 10:40pm on January 27, 2021

    The Bangladesh Securities and Exchange Commission on Wednesday decided to investigate Shurwid Industries Limited’s failure to disburse 10 per cent approved cash dividend to its...

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    Mustafa Kamal terms SANEM findings on poverty impractical     

    Staff Correspondent | Updated at 10:38pm on January 27, 2021

    Finance minister AHM Mustafa Kamal on Wednesday rejected a private research organisation’s survey findings that the COVID-19 outbreak increased poverty rate to 42 per cent...