Industry

Swiss Re Profit Rises Despite Costly Los Angeles Wildfires

Zurich: Reinsurance giant Swiss Re reported a sharp jump in net profit for the first half of the year despite the costly wildfires that ravaged Los Angeles. The group, which serves as an insurer of insurance companies, stated that its profit after tax…

Bangladesh Economy Remains Stable Amid Global Crises: Anisuzzaman

Dhaka: Chief Adviser’s Special Assistant for Economic Affairs Anisuzzaman Chowdhury today affirmed that Bangladesh’s economy remains stable despite economic crises across the globe and recent political changes in the country. Speaking at the ‘Foreign …

UPension App of National Pension Authority Launched in Bangladesh

Dhaka: Highlighting that maintaining economic stability and strengthening further the financial and banking sector are the priorities of the government in economic fronts, Finance Adviser Dr. Salehuddin Ahmed today stated that the interim government a…

Government Approves Procurement of LNG Cargos and Bulk Carriers

Dhaka: The government has given the green light to proposals for the procurement of two cargos of Liquefied Natural Gas (LNG) and two bulk carriers, initiatives aimed at addressing the rising demand for energy and enhancing goods transportation within…

BB Sets Tk39,000Cr Agricultural Loan Disbursement Target for FY26

Dhaka: Bangladesh Bank (BB) has set an agricultural and rural loan disbursement target of Taka 39,000 crore for the fiscal year 2025-26 (FY26), which is 2.63 percent higher than the last fiscal year’s Taka 38,000 crore. “The target has been set consid…

Chinese Firm to Invest $10.47 Million in BEPZA Economic Zone

Chattogram: Baishili Household Products Bangladesh Co. Ltd., a Chinese company, is set to invest $10.47 million to establish a household products and bag manufacturing industry in the BEPZA Economic Zone (BEPZA EZ) located in Mirsharai, Chattogram. An…