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

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

IPDC profit up 7pc in Q2

IPDC Finance Ltd posted a 7.27 per cent year-on-year increase in profit in the April-June quarter of 2022.
27 July 2022, 18:00 PM

Marico profit drops in Apr-Jun

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. 
27 July 2022, 18:00 PM

Yusuf Flour’s share trading resumes today

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.  
27 July 2022, 18:00 PM

Mercantile Bank profit rises slightly in Q2

Mercantile Bank Ltd reported a slightly higher profit in the second quarter of 2022. 
26 July 2022, 18:00 PM

Pioneer Ins profit falls in Apr-Jun

Pioneer Insurance Limited reported a 26.75 per cent year-on-year decline in profit in the second quarter of 2022. 
26 July 2022, 18:00 PM

BB moves to cut banks’ energy consumption

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.
26 July 2022, 18:00 PM

Union Bank’s profit plunges 29pc

Union Bank Limited’s profit declined by 29 per cent year-on-year in the second quarter of 2022. 
26 July 2022, 18:00 PM

Vodafone resolving German issues

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.
25 July 2022, 18:00 PM

Metal holds annual business meeting

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.
25 July 2022, 18:00 PM

Eastland Ins profit up in Apr-Jun

Eastland Insurance Company Ltd posted a 7.14 per cent year-on-year increase in profit in the April-June quarter. 
25 July 2022, 18:00 PM