Mercantile Bank Ltd reported a slightly higher profit in the second quarter of 2022. 

Pioneer Insurance Limited reported a 26.75 per cent year-on-year decline in profit in the second quarter of 2022. 

The Bangladesh Bank yesterday asked banks to encash the term deposits of exporters’ retention quota (ERQ) balances.

The Bangladesh Bank yesterday set a target for banks to cut their electricity and energy consumption for the next one year in keeping with the government’s move aimed at saving power amid deepening energy and foreign exchange crises.

Vodafone is making progress towards resolving issues in its biggest market Germany after suffering a drop in service revenue there, its chief executive said on Monday.

Metal (Pvt) Ltd, an agricultural technology product manufacturing and marketing company of Bangladesh, organised the Metal Agri Machinery Business Annual Meet-2022 at the International Convention City Bashundhara in Dhaka on Saturday.

Eastland Insurance Company Ltd posted a 7.14 per cent year-on-year increase in profit in the April-June quarter. 

AB Bank Limited’s profit surged 50 per cent year-on-year in the April-June this year, driven mainly by an increase in interest income, commission, exchange and brokerage revenues. 

Unilever Consumer Care Ltd, a subsidiary of Unilever in Bangladesh, posted a 78.66 per cent year-on-year increase in profit in the April-June quarter of 2022. 

AB Bank signed an agreement as escrow agent for the Rajdhani Unnayan Kartripakkha’s (Rajuk) project with Jhilmil Residential BD on Sunday.

Takaful Islami Insurance Ltd posted a lower profit in the second quarter of 2022. 

The City Bank Ltd posted a slightly higher profit in the second quarter of 2022. 

Agrani Insurance Company Ltd’s profit declined by 40.81 per cent year-on-year in the second quarter of 2022. 

Pran-RFL Group, one of the country’s leading industrial houses, has targeted exporting all products it manufactures for the local market of $1 billion by 2025 and $2 billion by 2030.  

A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker’s assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers, and eight former and current employees of the factory.

HungryNaki, Alibaba’s food delivery affiliate in Bangladesh, has scaled down operations by half and laid off a majority of its employees. 

Midas Financing virtually organised the company’s 26th annual general meeting recently.

Hatil, premium furniture brand of Bangladesh, has participated in the 33rd edition of Index Fair 2022 in Mumbai, India.

Twitter blamed disappointing results Friday on  “headwinds,” including the uncertainty imposed on the company by Elon Musk’s chaotic buyout bid.

Bangladesh should quickly do some homework on how to tap its potential of earning billions from the global pharmaceuticals market as the country will lose its preferential trade benefits after graduating from a least developed country (LDC) in 2026, according to an economist.