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LafargeHolcim BD To Pay Tk 441 Crore Dividend Despite 36% Profit Drop
LafargeHolcim Bangladesh, one of the country’s leading multinational cement manufacturers, has announceda 38% cash dividend for 2024, amounting to approximately Tk441 crore. This comes…
BRAC Bank And BSRM Group Sign Strategic Partnership
BRAC Bank has signed a strategic partnership agreement with BSRM Group to help enhance business growth of the leading corporate conglomerate in Bangladesh with exclusive banking services,…
BRAC Bank’s Branch Network ‘Women Warriors’ Recognised For H2 ‘2024 Performance
BRAC Bank has recognised the top-performing female staff of its Branch Network, who achieved outstanding deposit business performance during the second half of 2024, according to press…
Bangladesh Bank Removes Meghna, NRBC, And NRB Boards Over Misconduct
In a decisive move to restore discipline and protect depositors' interests, the Bangladesh Bank has dissolved the boards of Meghna Bank, NRBC Bank, and NRB Bank. These fourth-generation…
Bashundhara’s Steel Plant (BSMIL) Set To Start Production By Mid-2026
Bashundhara Multi Steel Industries (BMSIL) is poised to revolutionize Bangladesh's steel production sector with its ambitious plan to establish the world’s largest single-strand mini mill…
Moody’s Downgrades Bangladesh’s Banking Outlook To Negative
Bangladesh's real GDP growth is projected to slow significantly in fiscal year 2025, dropping to 4.5% from 5.8% in FY24, according to recent forecasts. This downturn is a consequence of a…
Lamborghini Just Launched a $5,000 Stroller (super stroller) – And It’s as Luxurious as Their…
Luxury automaker Automobili Lamborghini has teamed up with British nursery brand Silver Cross to create the Reef AL Arancio, a limited-edition “super stroller” that exudes high-end…
Bank Deposits See 8% Growth in January After Months of Sluggish Performance
After months of stagnation, bank deposit growth in Bangladesh finally crossed the 8% mark in January 2025, signaling a potential turnaround in the financial sector. The banking industry had…
Bangladesh Lifts Advance Tax on Cancer Drug Raw Materials to Lower Costs
In a major relief for cancer drug manufacturers, the National Board of Revenue (NBR) has exempted advance tax (AT) on the import of raw materials used in oncology medicine production. This…