Women’s undergarments maker Nova Intima signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) yesterday to invest $28 million in Bepza economic zone in Chattogram’s Mirsharai.

Mutual Trust Bank Ltd reported a 172.41 per cent year-on-year increase in profit in the April-June quarter of 2022.  

Jamuna Bank Ltd has decided to issue a Tk 500 crore bond to strengthen its capital base. 

Paramount Textile Ltd has received consent from the Bangladesh Securities and Exchange Commission to raise Tk 150 crore through the issuance of preference shares.  

Bata Shoe Company (Bangladesh) Ltd reported a 1,587 per cent increase in profit in the April-June quarter of 2022. 

Navana Ltd, a subsidiary of Navana Group, recently won the “Toyota Marketing Excellence Award- 2021” for its outstanding performance.

Brac Bank has recently won “The Asian Banker Transaction Finance Award 2022” in two categories--The Best Transaction Bank” and “The Best Cash Management Bank” in Bangladesh.

Proparco, the private sector financing arm of the Agence Française de Développement Group (AFD Group), yesterday provided $13.8 million to local Ananta Huaxiang, a subsidiary of Ananta Group in Bangladesh, to expand its sweater manufacturing facilities in Narayanganj. 

Robi, the second-largest mobile phone operator in Bangladesh, reported a loss in the April-June quarter of 2022.  

Toyota Motor’s production for the April-June quarter fell around 10 per cent short of its initial plan, but the automaker struck a more optimistic note for its business from August onwards as China’s Covid-19 lockdowns eased and demand outside Japan was resilient.

Europe’s biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.

Japan’s Panasonic Holdings Corp, which supplies batteries to Tesla, posted a 39 per cent drop in first-quarter earnings on Thursday as China’s Covid-19 lockdowns and rising material costs disrupted production and squeezed profitability.

Yamaha Riders Club (YRC), an association of people in Bangladesh owning Yamaha motorcycles, has accorded a reception to a woman who caught a snatcher who took her mobile phone at Karwan Bazar in Dhaka recently. 

Delta Brac Housing Finance Corp. Ltd, one of the top financial institutions in the private sector of Bangladesh focused on the real estate sector, posted a 28 per cent year-on-year increase in profit in the April-June quarter of 2022. 

Walton Digi-Tech Industries, electronics and technology product manufacturer and exporter of Bangladesh, has launched two new model laptops.

IPDC Finance Ltd posted a 7.27 per cent year-on-year increase in profit in the April-June quarter of 2022.

Marico Bangladesh, a subsidiary of the Indian multinational consumer goods company, reported a 4.7 per cent year-on-year decline in profit in the April-June quarter. 

The trading of the shares of Yusuf Flour Mills Ltd will commence today under the SME platform of the Dhaka Stock Exchange, after a gap of a decade.  

An Online Business Matching (OBM) session has commenced in Dhaka at Amari Dhaka on 27th July 2022.

Union Bank Limited’s profit declined by 29 per cent year-on-year in the second quarter of 2022.