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SBAC Bank reports 158pc profit surge in Q3 2024

Dhaka, Oct. 23 -- SBAC Bank PLC reported a staggering 158 per cent increase in profit for the third quarter of 2024, driven by rising investment income. The problem-ridden private commercial bank disc... Read More


Square Pharma declares record 110pc cash dividend for FY24

Dhaka, Oct. 23 -- Square Pharmaceuticals, the largest drug maker in Bangladesh, posted more than 10 per cent growth in profit to Tk 20.92 billion in FY24, the highest annual profit in its history, dri... Read More


Reactor assembly at power unit-1 of Rooppur NPP completed

Dhaka, Oct. 23 -- The reactor assembly process at power unit-1 of the Rooppur Nuclear Power Plant has been completed, Russian Rosatom said in a statement Wednesday The process involved installing rea... Read More


USAID to provide $15m to boost climate resilience in Bangladesh

Dhaka, Oct. 23 -- USAID will provide a grant of USD 15 million for the USAID ClimAct Project to boost climate resilience in Bangladesh. This initiative will assist the Ministry of Environment, Forest... Read More


DSE, CSE end higher on bargain hunting

Dhaka, Oct. 22 -- Stocks ended higher on Tuesday as bargain hunters bet on lucrative large-cap shares. The prime index of the Dhaka Stock Exchange (DSE) increased by 68.66 points to settle at 5,241.7... Read More


No decision on President's removal yet: Deputy press secretary

Dhaka, Oct. 22 -- The government has taken no decision yet regarding the removal of President Shahabuddin Ahmed Chuppu from his post, said a spokesman of the chief adviser's office on Tuesday at a pre... Read More


RPGCL floats tender to buy 3 more spot LNG cargoes

Dhaka, Oct. 22 -- State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated three fresh tenders to purchase three spot LNG cargoes for delivery windows on November 12-13, November 16-17, and... Read More


DSE ends higher, CSE lower

Dhaka, Oct. 21 -- The Dhaka Stock Exchange ended marginally higher on Monday after losing 261 points, or 4.8 per cent, over the previous five trading days, as bargain hunters targeted lucrative large-... Read More


ACC to launch probe against ex-MP Khandaker Mosharraf Hossain over graft allegations

Dhaka, Oct. 21 -- The Anti-Corruption Commission (ACC) has decided to launch an inquiry against the former MP of Faridpur-3 constituency and former Minister of Local Government, Rural Development, and... Read More


DSEX falls to four-month low as investors rush to cut losses

Dhaka, Oct. 20 -- Stocks witnessed a major setback on Sunday as jittery investors dumped their holdings to avoid further erosion of their portfolios. The prime index of the Dhaka Stock Exchange (DSE)... Read More