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Drug makers secure growth in H1 on low finance costs, higher sales

Leading drug manufacturers maintained revenue and profit growth year-on-year in the first half of FY25, supported by higher sales amid stability in the forex market.However, efficient management, strong financial positions, and lower finance expenses helped Square Pharmaceuticals and Beximco Pharmaceuticals, among the drug makers, secure a double-digit growth in an...

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Dhaka bourse's faulty IPO list confuses market investors

Investors are kept in the dark about upcoming IPOs (Initial public offerings) for reasons unknown. The premier bourse, Dhaka Stock Exchange (DSE) -- is the primary access point for investors to plan future investments in IPOs. According to its website, there are 12 IPO proposals but the securities regulator, which...

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Stocks edge down after 6 sessions

The Dhaka bourse closed Sunday's session marginally lower, breaking the gaining streak of the previous six sessions following a sale pressure exerted by worried investors.The market opened the session with a positive note but the DSEX, broad index of the Dhaka Stock Exchange (DSE), started to decline just 15 minutes...

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Chinese co to set up container bag manufacturing plant

Anthente Bulk Bag Ltd, a Chinese company, will invest US$ 10 million in BEPZA Economic Zone (BEPZA EZ) to establish a container bag manufacturing industry, reports BSS.In this connection, an agreement was signed between Anthente Bulk Bag and Bangladesh Export Processing Zones Authority (BEPZA) at the BEPZA Complex in the...

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bKash partners in hosting Shah Abdul Karim Festival

The two-day 'Shah Abdul Karim Loko Utshob-2025' was celebrated with timeless folk melodies, paying tribute to the legendary Baul Samrat, Shah Abdul Karim. The festival was held at Ujandhal in Derai, Sunamganj, organised by Shah Abdul Karim Parishad with the support of bKash, says a statement. Son of Baul Samrat...

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Square Toiletries hosts Annual Sales Conference 2025

Square Toiletries Limited hosted its Annual Sales Conference 2025 at a hotel in Cox's Bazar on Saturday. This year holds special significance as Square Group commemorates the 100th birth anniversary of its founding Chairman Samson H. Chowdhury. The conference began with a heartfelt tribute to his visionary leadership and values,...

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MODHUMOTI BANK HOLDS BOARD MEETING-

The 83rd meeting of the board of directors of Modhumoti Bank was held on Sunday. Humayun Kabir, chairman of the board, was present at the meeting. The other members of the board, who participated in the meeting are: Mohammad Ismail Hossain, Nemai Kumar Saha, Salahuddin Alamgir, Mostafa Kamal, Tanjima Binthe...

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MERCANTILE BANK HOLDS TOWN HALL MEETING in BARISHAL

Mercantile Bank held 'Town Hall Meeting' at Hotel Grand Park, Barishal, on Saturday. The bank's Managing Director Mati Ul Hasan was present as chief guest at the meeting and delivered his speech highlighting non-performing loan, future planning, Islamic banking operations, deposit and modern tech-savvy customer services. DMDs Md. Zakir Hossain...

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Valentine’s Day specials at Dhaka Regency Hotel

Dhaka Regency Hotel & Resort is offering a range of romantic experiences this Valentine's Day. From February 13 to 15, couples can enjoy a variety of dining and accommodation options designed for a memorable celebration, says a statement.For an outdoor dining experience, Grill on the Skyline will host a BBQ...

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Pakistan aims for stronger trade ties with Saudi Arabia

JEDDAH, Feb 09 (Arab News): Pakistan is seeking to expand its trade ties with Saudi Arabia, aiming for a larger share of the $5.5 billion bilateral trade market by diversifying exports beyond traditional commodities, a senior minister said.Speaking to Arab News at the conclusion of Pakistan's first solo 'Made in...

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Musk risks putting EU buyers off Tesla

PARIS, Feb 09 (AFP): Elon Musk's rapprochement with US President Donald Trump, his backing of European far-right parties and attacks on diversity policies could drive European buyers away from Tesla, analysts say.In both Germany and France, sales of the electric pioneer's cars were halved year-on-year in January 2025, while a...

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Investors return to new-look Middle East, but Trump causes some concern

LONDON/JERUSALEM, Feb 9 (Reuters): A historic shake-up of the Middle East is starting to draw international investors, warming to the prospects of relative peace and economic recovery after so much turmoil.President Donald Trump's proposal that the US take over Gaza may have thrown a curveball into the mix, but the...

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