IBN Sina Pharma’s profit jumps 24pc

IBN Sina Pharmaceutical Industry Ltd’s profit jumped nearly 24 per cent in the financial year that ended on June 30. 
6 September 2022, 18:00 PM

Toslim SMC’s acting MD

Social Marketing Company (SMC) has appointed Toslim Uddin Khan as its new acting managing director and chief executive officer.
3 September 2022, 18:00 PM

Starbucks names Indian-origin Laxman Narasimhan as next CEO

World’s largest coffee-chain Starbucks has named Indian-origin Laxman Narasimhan as its next chief executive officer.
2 September 2022, 06:59 AM

StanChart, Channel i add new categories to ‘Agrow’ award

Standard Chartered and Channel i have jointly announced two new categories for this year’s “Standard Chartered - Channel i Agrow Award 2022” aimed at identifying and rewarding visionaries and innovators in the agriculture sector. 
2 September 2022, 03:30 AM

Olympic to invest Tk 28cr to expand bakery business

Bakery products maker Olympic Industries has decided to invest about Tk 28 crore as it looks to expand the business even though economic indicators are forecasting a gloomy outlook. 
2 September 2022, 03:00 AM

Nahee Aluminum takes up Tk 27cr project

Nahee Aluminum Composite Panel Ltd has decided to invest Tk 27 crore under a project to manufacture five types of products.   
1 September 2022, 18:00 PM

Meta launches community accelerator scheme in Bangladesh

Meta, the parent company of Facebook, has launched its 2022 APAC Community Accelerator Programme to help community leaders on Facebook advance their skills and utilise digital tools to deepen their impact. 
31 August 2022, 18:00 PM

Asiatic Laboratories to go public

Asiatic Laboratories has got the approval to raise Tk 95 crore through an initial public offering (IPO) from the stock market.
31 August 2022, 18:00 PM

bKash adds new features for utility bills payment

A My Usage, or Pay Bill History, icon has been added to the bKash app to let customers see a detailed overview of the paid bills in different categories.
29 August 2022, 18:00 PM

Uttara Motors brings Suzuki XL6

Uttara Motors Ltd, sole distributor of Suzuki vehicles in Bangladesh, recently launched the new Suzuki XL6, a premium sports utility vehicle, at its Uttara Centre in Tejgaon, Dhaka.
28 August 2022, 18:00 PM

RFL offers kitchen sinks

RFL Group yesterday launched three new kitchen sink models, made of stainless steel and designed to cut use-generated noise, priced between Tk 1,400 and Tk 4,200. 
27 August 2022, 18:00 PM

Daraz to invest Tk 1,000cr in 4 years

Daraz intends to invest Tk 1,000 crore in Bangladesh in the next 3-4 years to ramp up its operation by building infrastructure and ecosystem, the Alibaba Group-backed e-commerce venture said yesterday.
25 August 2022, 18:00 PM

Berger ‘Asia’s Best Employer Brand 2022’

Berger Paints Bangladesh recently won the “Asia’s Best Employer Brand 2022” award of the World HRD Congress at Pan Pacific, Marina Square in Singapore.
24 August 2022, 18:00 PM

BKMEA, rights platform to work for fair prices

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) yesterday signed an agreement with Sustainable Textile Initiative: Together for Change (STITCH) to work together for ensuring fair prices from buyers in the knitwear sector. 
23 August 2022, 18:00 PM

Optimum Solution gets licence to run payment system

Optimum Solution & Services Ltd has received a licence from the Bangladesh Bank to operate as a payment system operator.  
23 August 2022, 18:00 PM

Apple to cut iPhone 14 production lag between China, India

Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from the typical six to nine months for previous launches, Bloomberg News reported on Tuesday.
23 August 2022, 18:00 PM

Bangladesh General Insurance re-appoints MD

Bangladesh General Insurance Company has re-appointed its managing director (MD) for another three-year term for the fourth consecutive time.
23 August 2022, 18:00 PM

Opec+ can cut output to address oil slump

Opec stands ready to cut output to correct a recent oil price decline driven by poor futures market liquidity and macro-economic fears, which has ignored extremely tight physical crude supply, Opec’s leader Saudi Arabia said on Monday.
23 August 2022, 18:00 PM

Trendy Textiles to invest $39m in Dhaka EPZ

Trendy Textiles Ltd, a local company,  will invest $38.99 million to establish a knit composite textile factory in the Dhaka Export Processing Zone (EPZ).
23 August 2022, 18:00 PM

Shepherd Industries to amalgamate with sister concern

Shepherd Industries Ltd is going to amalgamate with its sister concern Shepherd Textile BD Ltd (STBL). 
23 August 2022, 18:00 PM