DSE Witnesses Increase in Turnover but Decline in Benchmark Index

State-owned telecommunications company Teletalk in Bangladesh has experienced a consistent decline in active mobile connections from September 2022 to August 2023, in contrast to other private mobile operators in the country. In August 2023, the total number of active mobile connections in Bangladesh reached 18.86 crore,

The chairman of the Bangladesh Securities and Exchange Commission (BSEC) has encouraged investors to consider increasing their investments in the country's capital market. He believes that the current political situation is stable, presenting an opportune moment for intelligent investors to allocate more capital to the market. The anticipation is

Apex Footwear Limited, one of Bangladesh's leading shoemakers and exporters, achieved record sales in the fiscal year 2022–23. The company's sales increased by 27%, reaching Tk1,653.59 crore, with a profit of Tk16.71 crore, a 21% increase. Factors contributing to this success included the presence of three major Eid festivals during the fiscal year.

Grameenphone's GP Accelerator has introduced "Jelay Jelay Smart Uddyokta," a regional design bootcamp aimed at empowering youth ideapreneurs. The initiative was officially launched at the Sheraton Hotel in Dhaka with the participation of community builders, startup founders, GP Accelerator alumni, mentors, and industry experts.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) engaged in discussions with Canadian Labor Affairs officials at the High Commission of Canada in Dhaka. They explored various topics, including the potential to strengthen trade relations.

BBS Cables Ltd. reported a significant 88% decline in its profits for the FY 2022–23, despite a slight increase in revenue. The company's revenue rose to Tk655 crore, up from Tk628 crore in FY 2022. However, its net profit after tax plummeted to Tk9.74 crore, down from Tk80.77 crore in FY22.