AB Bank’s profit rises 50pc in Q2

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. 
25 July 2022, 18:00 PM

Unilever Consumer Care’s profit surges 79pc

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. 
25 July 2022, 18:00 PM

AB Bank, Rajuk and Jhilmil Residential BD sign deal

AB Bank signed an agreement as escrow agent for the Rajdhani Unnayan Kartripakkha’s (Rajuk) project with Jhilmil Residential BD on Sunday.
25 July 2022, 18:00 PM

Takaful Islami Ins profit declines

Takaful Islami Insurance Ltd posted a lower profit in the second quarter of 2022. 
24 July 2022, 18:00 PM

City Bank’s profit rises slightly in Q2

The City Bank Ltd posted a slightly higher profit in the second quarter of 2022. 
24 July 2022, 18:00 PM

Agrani Ins profit plunges 41pc

Agrani Insurance Company Ltd’s profit declined by 40.81 per cent year-on-year in the second quarter of 2022. 
24 July 2022, 18:00 PM

Pran-RFL’s export target $2b by 2030

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.  
24 July 2022, 18:00 PM

HungryNaki scales down operations

HungryNaki, Alibaba’s food delivery affiliate in Bangladesh, has scaled down operations by half and laid off a majority of its employees. 
24 July 2022, 02:45 AM

Reliance posts highest-ever refining revenues

Indian oil-to-telecoms giant Reliance Industries reported earnings that missed analyst estimates Friday, despite a strong performance by its core oil-refining business.
23 July 2022, 18:00 PM

Midas Financing AGM held

Midas Financing virtually organised the company’s 26th annual general meeting recently.
23 July 2022, 18:00 PM

Hatil taking part in India fair

Hatil, premium furniture brand of Bangladesh, has participated in the 33rd edition of Index Fair 2022 in Mumbai, India.
23 July 2022, 18:00 PM

RAK Ceramics to set up bathroom fittings plant

RAK Ceramics (Bangladesh) will invest Tk 95 crore to set up a bathroom fittings plant with the capacity to produce 1,500 faucets, shower heads and all other related accessories in a bid to provide cheaper alternatives to imports, according to company officials.
21 July 2022, 18:00 PM

Chip shortage easing: Nokia

Finnish telecom equipment maker Nokia said it expects the global semiconductor shortage to ease later this year, as it reported quarterly operating profit that beat market expectations, boosted by solid demand for 5G gear.
21 July 2022, 18:00 PM

Walton goes for power saving

Walton Hi-Tech Industries PLC, an electronics and technology product manufacturer and exporter of Bangladesh, has taken an initiative to save electricity and gas in keeping with the government’s move to cut energy consumption.
21 July 2022, 18:00 PM

Union Bank, Titas Gas sign deal

Union Bank Ltd has signed an agreement with Titas Gas Transmission and Distribution Company Ltd enabling clients of the gas company to pay gas bill through all branches, sub-branches and iBanking of the bank.
21 July 2022, 18:00 PM

Dutch-Bangla chamber gets new office bearers

Anwar Shawkat Afser, managing director of Sakhi Group, has recently been re-elected president of the Dutch-Bangla Chamber of Commerce & Industry for a two-year term (2022-2024).
21 July 2022, 18:00 PM

Syngenta Bangladesh gets new country general manager

Syngenta Bangladesh recently promoted Mohammad Hedayet Ullah to the post of country general manager.
21 July 2022, 18:00 PM

LafargeHolcim delivers strong quarter

LafargeHolcim Bangladesh has reported strong quarterly results for the April to June period of 2022 riding on higher sales. 
20 July 2022, 18:00 PM

Singer sees profit fall in Q2

Singer Bangladesh, a leading home appliance manufacturer and retailer, posted 51.55 per cent lower profit in the second quarter of 2022.
20 July 2022, 18:00 PM

MTB wins Asiamoney Best Bank Award

Mutual Trust Bank won the “Best Bank for Diversity and Inclusion in Bangladesh 2022” award by Asiamoney, a division of global media group Euromoney Institutional Investor PLC.
19 July 2022, 18:00 PM