Trade & Commerce

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    BSEC allows Energypac to discover IPO cut-off price

    Staff Correspondent | Updated at 02:17am on August 07, 2020

    The Bangladesh Securities and Exchange Commission has allowed Energypac Power Generation Limited to discover the cut-off price of its shares under the book building method...

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    Toyota warns of 64pc drop in full-year net profit

    Agence France-Presse . Tokyo | Updated at 02:15am on August 07, 2020

    Toyota on Thursday warned of a 64-per cent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds...

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    Work hard to make investment atmosphere more attractive, PM asks BIDA

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 02:14am on August 07, 2020

    Prime minister Sheikh Hasina on Thursday asked the authorities concerned to work with utmost sincerity to make the country’s investment environment more attractive to advance...

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    Japan hopes to work closely to develop economic tie with Bangladesh

    | Updated at 09:49pm on August 04, 2020

    Japanese ambassador to Bangladesh Ito Naoki has hoped that Japan and Bangladesh would continue to work closely for developing the economic partnership between the countries...

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    BEZA, Yabang Group sign land lease deal

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 09:47pm on August 04, 2020

    The Bangladesh Economic Zones Authority on Tuesday inked a land lease agreement with Jiangsu Yabang Dyestuff, China, a concern of the Yabang Investment Holdings Group...

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    Simplification of documentation sought for speedy disbursement

    Staff Correspondent | Updated at 11:37pm on July 29, 2020

    Cottage, micro, small and medium entrepreneurs, bankers and experts on Wednesday recommended that the documentation process should be simplified for speedy disbursement of stimulus to...

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    Ban on rawhide export lifted

    Staff Correspondent | Updated at 11:27pm on July 29, 2020

    The government on Wednesday temporarily lifted the ban on export of rawhides and wet blue leather in an effort to keep demand and supply of...

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    Bata declares huge losses as COVID-19 hits sales

    Staff Correspondent | Updated at 10:54pm on July 28, 2020

    Bata Shoe (Bangladesh) Limited declared significant losses during the first half of the company’s financial year due to steep fall in sales amid the countrywide...

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    Trade deficit soars to $17.86b in FY20 as pandemic batters exports

    Staff Correspondent | Updated at 10:38pm on July 28, 2020

    The country’s trade deficit widened by 12.79 per cent year-on-year in the last fiscal year 2019-2020 due mainly to a plunge in export earnings during...

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    Gold price forges record high

    Agence France-Presse . London | Updated at 11:45pm on July 27, 2020

    Gold soared to a record high on Monday as investors rushed into the safe-haven commodity on concerns about heightened China-US tensions, spiking virus infections and...

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