Business

More than 100 female workers reportedly fell ill at a garment factory in Adamjee Export Processing Zone (EPZ) in Siddhirganj, Narayanganj, on Saturday afternoon. The workers of Universal Menswear Limited reportedly became sick one after another, while the exact cause of the illness could not immediately be confirmed. The incident occurred on the second and third floors of the factory’s ...

The price of gold in the country has risen by Tk 5,482 per bhori for 22-carat gold, with the new rates taking effect from 10AM on Saturday, as prices increased in the international market. Bangladesh Jewellers Association (BAJUS) announced the price hike in a notice. The organisation said the new rates were adjusted following an increase in the price of ...

Carew & Company (Bangladesh) Ltd, the nearly 90-year-old state-owned industrial enterprise in Darshana of Chuadanga, is on course to post its highest-ever net profit, despite continued losses in its sugar production unit. According to the company’s potential profit and loss account for the 2025-26 financial year, Carew’s combined net profit from all its units could reach 165,24 31,000. If achieved, ...

Palli Karma-Sahayak Foundation (PKSF) and CAB International will work jointly to make Bangladesh’s agricultural system more effective and sustainable by promoting safe food production, reducing farmers’ production costs, and addressing climate and environmental risks. To this end, the two institutions on Thursday signed a memorandum of understanding (MoU) titled “Up-scaling of Sustainable Agroecological Farming in Bangladesh.” PKSF Deputy Managing Director ...

Mercantile Bank PLC officially inaugurated the Foundation Training Course for its 15th batch of Management Trainee Officers (MTOs) at the Mercantile Bank Training Institute (MBTI). A total of 50 newly recruited MTOs are participating in the comprehensive training program, which aims to develop future banking leaders. Mati Ul Hasan, Managing Director of the bank, attended the inaugural ceremony as the ...

Australian mining titan BHP reported Tuesday a solid rise in annual profit boosted by surging prices for copper — a key metal for the global energy transition and AI data centres. Net profit climbed 9 percent from a year earlier to US$9.8 billion in the financial year to June 30, said the resources group, the world’s biggest miner by market ...

The Advertising Agencies Association of Bangladesh (AAAB), in collaboration with Aleph, official partner for Google and TikTok in Bangladesh, hosted a hands-on creative learning session at AKOTA Coworking, Dhaka. With creative agencies playing a central role in designing brand campaigns and driving business growth, the session aimed to help AAAB member agencies adapt to the growing use of AI in ...

Asian Development Bank (ADB) Vice President Yingming Yang has said the Manila-based lending agency is ready to help Bangladesh realize its ambition of becoming a trillion-dollar economy by 2034 and an upper-middle-income country. “Our vision is to help Bangladesh realize its ambition of becoming an upper-middle-income country and a trillion-dollar economy by 2034. ADB remains committed to supporting a more ...

Bangladesh’s ongoing gas and electricity shortages will take at least two years to resolve, Finance and Planning Minister Amir Khosru Mahmud Chowdhury cautioned. However, he assured investors that the government is working urgently to address energy bottlenecks. “The economy cannot move forward without electricity and gas. We are trying to do everything in the fastest possible time,” Khosru said during ...

Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has requested permission to pay gas and electricity bills for July and August in 12 equal monthly installments. BKMEA President Mohammad Hatem made the demand in a letter sent to Power, Energy and Mineral Resources Minister Iqbal Hasan Mahmud. Earlier, severe gas and power crises have hit the industrial production which forced factory ...