Low demand, high costs drag down foreign firms' profits in 2025
Most listed multinational companies experienced a sharp year-on-year decline in profits in 2025, weighed down by elevated finance costs, persistent macroeconomic challenges, and political uncertainty.Sluggish demand, driven by prolonged high inflation, alongside rising raw material costs, has complicated the business environment, market analysts say.Economic activity has slowed following the August...
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BRAC Bank posts record profit on investment, subsidiary earnings
FE REPORTBRAC Bank reported its highest-ever annual profit in 2025, buoyed by substantial earnings from investments and contributions from subsidiaries.The third-generation private commercial bank posted a consolidated profit of Tk 22.51 billion for the year, marking a 57 per cent increase compared to the previous year.The lender's consolidated earnings per...
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NCC BANK, BIDA TO boost ONLINE INVESTMENT SERVICES-
NCC BANK, BIDA TO boost ONLINE INVESTMENT SERVICESNCC Bank has entered into a memorandum of understanding (MoU) with the Bangladesh Investment Development Authority (BIDA) to deliver faster, more efficient and integrated services for investors. This integration is designed to provide investors with seamless access to essential banking and related services...
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MERCANTILE BANK SUPPORTS BAU PROJECT TO REDUCE POST-HARVEST LOSSES
MERCANTILE BANK SUPPORTS BAU PROJECT TO REDUCE POST-HARVEST LOSSESMercantile Bank funded an agricultural research project at Bangladesh Agricultural University (BAU) titled "Development of a Hybrid Dryer System to Reduce Crop and Fish Post-Harvest Losses," which concluded on Sunday with a formal workshop. The project was made possible through a donation...
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Samorita Hospital in the red in Q3 amid stiff competition
FE REPORTListed healthcare provider Samorita Hospital reported a loss of Tk 1.37 million in the third quarter (January-March) of FY26, as revenue declined by more than 3 per cent while administrative expenses rose by over 11 per cent.During the same period a year ago, the company earned a profit of...
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BRAC Bank agent banking helps change remittance landscape
BRAC Bank's agent banking network has been bringing remittances back into the formal financial system with its 1,120 agent banking outlets. A significant portion of these inflows used to be routed through informal channels for years in rural areas, limiting their full economic impact.
BRAC Bank has made remittance services...
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