Matin Spinning’s profit surges 70pc

Matin Spinning Mills Ltd’s profit surged 70 per cent year-on-year to Tk 105.19 crore in the financial year that ended on June 30.  
23 October 2022, 18:00 PM

Businesses stare at rising losses amid gas crisis

Ha-Meem Group, a leading textile producer and garment exporter, has been unable to run production in its mills and factories at night over the last one and a half months because of a crisis of gas. 
23 October 2022, 18:00 PM

Going Green exhibition by Danish embassy comes to an end

The Embassy of Denmark in Bangladesh has hosted a five-day exhibition, called ‘Going Green’, at Bay’s Edge Gallery in Dhaka to highlight green solutions that can support sustainable and inclusive economic growth.
23 October 2022, 03:10 AM

Renata recommends lower dividends

Renata Limited, a listed pharmaceutical and animal healthcare product manufacturer in Bangladesh, has recommended slightly lower dividends for fiscal 2021-22 despite having registered marginally higher profits that year.
22 October 2022, 18:00 PM

SCB, Transcom Beverages to launch collection solution

Transcom Beverages Ltd has signed a memorandum of understanding with Standard Chartered Bangladesh (SCB) to launch the first-ever digital collection solution with real-time reconciliation via Application Programming Interface (API) integration for the fast-moving consumer goods (FMCG) industry. 
22 October 2022, 18:00 PM

Asian Trade Promotion Forum delegation visits Walton headquarters

A delegation from Asian Trade Promotion Forum (ATPF), a 23-member platform of the region’s trade promoting organisations, visited the Walton headquarters in Gazipur on the outskirts of the capital city recently. 
22 October 2022, 18:00 PM

AB Bank cardholders to get discounts at GD Assist

AB Bank and GD Assist, a subsidiary of Green Delta Insurance Company, signed an agreement recently offering the lender’s cardholders up to 10 per cent discount on different services under the latter’s health package. 
22 October 2022, 18:00 PM

StanChart, Brac University to develop curriculum

Standard Chartered Bangladesh and Brac University signed a memorandum of understanding recently to develop a curriculum on financial crime and compliance for both undergraduate and graduate students.  
20 October 2022, 18:00 PM

Singer’s profits fall despite sales growth

Although Singer Bangladesh logged higher sales between July and September this year, the company still incurred losses in the quarter, according to a press release.
20 October 2022, 18:00 PM

edotco to support 5G rollout in Bangladesh: CEO

Telecommunication infrastructure services provider edotco is prepared to support the 5G rollout in Bangladesh, said its group CEO, Mohamed Adlan Ahmad Tajudin. 
20 October 2022, 18:00 PM

Apex Footwear announces offers on anniversary

Apex Footwear yesterday launched its 25-year celebration campaign at The Daily Star Centre in Dhaka, where the company announced some offers and customer engagement activities that will be available at each outlet across the country till the end of December.
19 October 2022, 18:00 PM

Heidelberg Cement keeps losing money

Heidelberg Cement Bangladesh Limited suffered losses in the third quarter of 2022. 
19 October 2022, 18:00 PM

Unilever Consumer Care profit up 15pc in Q3

Unilever Consumer Care Limited posted 15 per cent higher profit in the third quarter of 2022 compared to a year earlier. 
19 October 2022, 18:00 PM

JMI Syringes posts higher profit in 2021-22

JMI Syringes & Medical Devices Ltd’s profit grew nearly 13 per cent year-on-year in the last financial year. 
18 October 2022, 18:00 PM

Akij Group opens showroom in Banani

Akij Group has opened a showroom in Banani of Dhaka for its ceramic tiles, boards, doors, sanitaryware and tableware. 
18 October 2022, 18:00 PM

GPH Ispat finalist of 2022 Platts Global Metals Awards

GPH Ispat has been nominated as one of the finalists at the 10th edition of 2022 Platts Global Metals Awards in two categories -- “Industry Leadership Award: Steel” and the “New Technology for the Metals and Mining Industry”. 
18 October 2022, 18:00 PM

ILO can help build skilled workforce

The International Labour Organisation (ILO) could help Bangladesh build a young and skilled workforce, said Chihoko Asada-Miyakawa, regional director for Asia and Pacific for ILO.
18 October 2022, 18:00 PM

Global Islami Bank signs IPO deal with two bourses

Global Islami Bank has signed an agreement with Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on sharing a “Uniform and Integrated Electronic Subscription System” for IPO management. 
18 October 2022, 18:00 PM

Rupayan City Uttara gets new CEO

Rupayan City Uttara has promoted its deputy managing director to the post of chief executive officer (CEO) recently. 
18 October 2022, 18:00 PM

Institute of Capital Market halves master’s course fee

Bangladesh Institute of Capital Market (BICM) halved the fee of its ‘master of applied finance and capital market’ course in a bid to attract more people to gain financial literacy.
18 October 2022, 18:00 PM