NRBC Bank suffers losses in Apr-Jun

NRB Commercial Bank Ltd suffered losses in the second quarter of 2022.  
1 August 2022, 18:00 PM

National Bank incurs losses

National Bank Ltd suffered a loss in the April-June quarter of 2022 owing largely to the non-payment of installments by borrowers on time.  
1 August 2022, 18:00 PM

Dhaka Ins posts lower profit in Q2

Dhaka Insurance Ltd’s profit fell 35 per cent year-on-year in the second quarter of 2022.    
1 August 2022, 18:00 PM

City Bank logs Tk 217cr profit

City Bank made a consolidated profit of Tk 217 crore after tax during the period from January to June of 2022.
1 August 2022, 18:00 PM

Phoenix Ins profit declines in Apr-Jun

Phoenix Insurance Company Ltd’s profit declined 18.57 per cent year-on-year in the April-June quarter of 2022.   
1 August 2022, 18:00 PM

Reckitt Benckiser profit down

Reckitt Benckiser (Bangladesh) PLC reported a 3.92 per cent lower profit in the April-June quarter of 2022.   
1 August 2022, 18:00 PM

Nova Intima to invest $28m in Bepza EZ

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.
1 August 2022, 18:00 PM

MTB profit soars 172pc in Apr-Jun

Mutual Trust Bank Ltd reported a 172.41 per cent year-on-year increase in profit in the April-June quarter of 2022.  
31 July 2022, 18:00 PM

Jamuna Bank to issue Tk 500cr bond

Jamuna Bank Ltd has decided to issue a Tk 500 crore bond to strengthen its capital base. 
31 July 2022, 18:00 PM

Paramount Textile to raise Tk 150cr

Paramount Textile Ltd has received consent from the Bangladesh Securities and Exchange Commission to raise Tk 150 crore through the issuance of preference shares.  
31 July 2022, 18:00 PM

Bata Shoe profit surges 17-fold

Bata Shoe Company (Bangladesh) Ltd reported a 1,587 per cent increase in profit in the April-June quarter of 2022. 
31 July 2022, 18:00 PM

Navana wins Toyota Marketing Excellence Award-2021

Navana Ltd, a subsidiary of Navana Group, recently won the “Toyota Marketing Excellence Award- 2021” for its outstanding performance.
30 July 2022, 18:00 PM

Brac Bank wins Asian Banker Transaction Finance Award 2022

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.
30 July 2022, 18:00 PM

Toyota misses April-June output target

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.
28 July 2022, 18:00 PM

Shell, Total log record profits

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.
28 July 2022, 18:00 PM

Panasonic’s profit hit by China lockdowns

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.
28 July 2022, 18:00 PM

Yamaha Riders Club honours woman who caught cellphone snatcher

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. 
28 July 2022, 18:00 PM

Delta Brac Housing’s profit jumps 28pc

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. 
28 July 2022, 18:00 PM

Ananta Group gets $14m French loan

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. 
28 July 2022, 18:00 PM

Robi suffers losses in Q2

Robi, the second-largest mobile phone operator in Bangladesh, reported a loss in the April-June quarter of 2022.  
28 July 2022, 18:00 PM