Ifad Autos Ltd, one of the leading automobile companies in Bangladesh, reported a loss of Tk 15 crore in the financial year of 2022-23. 

Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September even though revenue dropped.

PricewaterhouseCoopers (PwC) firms around the world logged a record gross revenue of $53.1 billion, growing by 9.9 percent in terms of local currency and 5.6 percent in terms of US dollars compared to gross revenues of the financial year 2022.

Muhammed Aziz Khan, chairman of Summit Group, has been awarded the Public Service Medal (Covid-19) at the National Awards of Singapore for his outstanding contributions to society during the pandemic.

Edison Real Estate Ltd, a developer in Bashundhara residential area, recently signed a memorandum of understanding (MoU) with DBH Finance PLC, a housing finance institution.

Walton Hi-Tech Industries PLC saw its profits bounce back in the first quarter of the current fiscal year mainly due to lower finance costs.

Apparel trims and packaging products maker KDS Accessories said its revenue dropped in the financial year 2022-23 owing to decline in demand from garment exporters, the main consumers of its products.

Eastern Bank PLC will help as lead arranger to manage a syndicated loan worth Tk 300 crore for Shakti Foundation, a microfinance institution in Bangladesh.

The International Chamber of Commerce-Bangladesh (ICC-B) has suggested the government adopt climate-smart agricultural practices to improve the resilience and sustainability of the agriculture sector.

Berger Paints Bangladesh Ltd awarded winners of the 28th Berger Young Painters’ Art Competition at the Gulshan Club in Dhaka on Sunday.

Islami Bank Bangladesh Ltd (IBBL), country’s largest Shariah-based bank, registered a marginal increase in its profit in the first nine months of the current year although its earnings declined in the third quarter, it said today.

BSRM, the biggest steel maker in Bangladesh, has taken a nearly Tk 1,900 crore scheme to set up its second re-rolling plant to expand its capacity and cater to increased demand for public and private construction in the country, it said today.

Reshadur Rahman selected as president, Shams Mahmud elected as secretary general

The Foreign Investors’ Chamber of Commerce and Industry (FICCI) is set to host a two-day investment exposition from November 8 at Radisson Blu Dhaka Water Garden marking its 60th anniversary. Prime Minister Sheikh Hasina is expected to inaugurate the event as the chief guest, announced the FICCI at a press briefing at Pan Pacific Sonargaon Dhaka today.

Shareholders of Eastern Housing Ltd (EHL) have approved a 25 percent cash dividend for the year that ended on June 30, 2023.

The continuity of cross-border trade in today’s turbulent world has become a crucial challenge for sustaining global economic growth and prosperity, according to Maria Fernanda Garza, chairperson of the International Chamber of Commerce (ICC).

Matin Spinning Mills PLC, a concern of DBL Group, said its net profit after tax plunged 59 percent in the financial year ending in June 2023 despite the company registering increased revenue.

The Chattogram Chamber of Commerce and Industry (CCCI), a century-old trade body in Bangladesh, is yet to pay any income tax even though the organisation has been registering taxable income, according to tax officials.

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised the 10th ICSB National Award for Corporate Governance Excellence-2022 at the Radisson Blu Dhaka Water Garden on Saturday.

Walton Hi-Tech Industries PLC has appointed SM Shamsul Alam as its chairman, SM Ashraful Alam as vice-chairman and SM Mahbubul Alam as managing director.