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Parliament passes bills to remove age cap for BSEC, IDRA chairmen

Parliament passes bills to remove age cap for BSEC, IDRA chairmen

Two separate bills were passed in Parliament on Tuesday, amending provisions to remove the maximum age limit for the posts of chairman and commissioner of the Bangladesh Securities and Exchange Commission (BSEC) and chairman and member of the Insurance Development and Regulatory Authority (IDRA).

Walton Hi-Tech profit falls 28pc on higher VAT

Walton Hi-Tech profit falls 28pc on higher VAT

Walton Hi-Tech Industries posted a sharp 28 per cent year-on-year decline in profit to Tk 2.80 billion in the January–March quarter of FY26, as higher value-added tax (VAT) on key products squeezed sales and margins. Earnings per share (EPS) fell to Tk 8.39 in the third quarter from Tk 11.76

Square Pharma's Q3 profit dips on higher tax burden

Square Pharma's Q3 profit dips on higher tax burden

Despite registering strong revenue growth, Square Pharmaceuticals saw a marginal decline in profit in the January–March quarter this year, weighed down by higher operating expenses and a rising tax burden. The country’s largest drug manufacturer posted an 8 per cent year-on-year increa

Marico posts strong annual profit growth on robust sales

Marico posts strong annual profit growth on robust sales

Despite a turbulent economic environment, Marico Bangladesh has delivered record financial performance for the year ending March this year, supported by strong brand equity, product innovation and disciplined cost management. The fast-moving consumer goods (FMCG) company’s net profit rose 10

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