April 22nd marks yet another Earth Day. Instead of letting such a milestone go by, let us sit down and mull over the question: Is our planet okay?

Urban areas around the world continue to suffer from various forms of pollution and abnormal rise in temperature. Natural disasters only add to our woes. You don’t have to look far to find such a place, as our very own Dhaka has the notorious reputation of being the city with the worst air quality in the world.
22 April 2022, 16:22 PM

Nestle fends off cost inflation

Nestle on Thursday confirmed it expects to grow sales around 5 per cent and keep margins broadly stable this year after higher pet food, dairy and coffee prices did not deter consumers in the first quarter, forecasting more price increases ahead.
21 April 2022, 18:00 PM

Arla Foods, Royal DSM tie up to cut methane emission

European dairy cooperative Arla Foods, producer of milk powder brand Dano, and Dutch corporation Royal DSM are set to start a pilot project on feeding 10,000 dairy cows across three European countries a methane reducing feed additive Bovaer.
21 April 2022, 18:00 PM

BSEC frets as institutions shy away from stocks

When the stock market goes through a bearish trend, the regulator usually prods institutional investors, mostly unofficially, to pour money to revive it and some of them respond positively.  
20 April 2022, 18:00 PM

BSEC raises circuit breaker’s lower limit

The Bangladesh Securities and Exchange Commission (BSEC) has raised the market circuit breaker’s lower limit to 5 per cent from existing 2 per cent with effect from today.
20 April 2022, 18:00 PM

Anti-money laundering assoc gets new leaders

Mohammad Ziaul Hasan Molla, deputy managing director of Bank Asia, and Chowdhury Moinul Islam, deputy managing director of Brac Bank, have been elected chairman and general secretary of the Association of Anti-Money Laundering Compliance Officers of Banks in Bangladesh for 2022-23.
19 April 2022, 18:00 PM

Profits of Doreen Power rise 54pc

Profits of Doreen Power Generations and Systems soared 54 per cent in the first nine months of the 2021-22 financial year thanks to higher earnings among its subsidiaries.
18 April 2022, 18:00 PM

DHL Express signs deals with two banks

DHL Express Bangladesh signed service agreements with Shahjalal Islami Bank Ltd and Mutual Trust Bank Ltd at their respective corporate offices recently.
18 April 2022, 18:00 PM

Premier Bank, TVS Auto sign MoU

Premier Bank Ltd signed a memorandum of understanding (MoU) with TVS Auto Bangladesh to promote newly launched motorbike products of the company.
18 April 2022, 18:00 PM

IDRA fines 21 insurers over Tk 72 lakh

The Insurance Development and Regulatory Authority (IDRA) has fined 21 insurance companies over Tk 72 lakh for, among others, purchasing assets without its approval, charging higher premiums than the government fixed rates and forging letters.
17 April 2022, 18:00 PM

StanChart cuts 7 minnow businesses

Standard Chartered is leaving seven countries in Africa and the Middle East where it is sub-scale as it seeks to improve profits by narrowing its focus to faster-growing markets in the region, it said on Thursday.
17 April 2022, 18:00 PM

LankaBangla Finance, Rangs Ltd sign MoU

LankaBangla Finance Ltd (LBFL) signed a memorandum of understanding (MoU) with Rangs Ltd for its customer privilege.
17 April 2022, 18:00 PM

StanChart showcases Bangladesh’s growth through roadshow

Standard Chartered Bangladesh hosted a roadshow for global investors and lenders to help local businesses build lasting relationships with leading investment and lending institutions from the Middle East, Europe, and Asia.
17 April 2022, 18:00 PM

Metlife announces 2030 commitments

MetLife announced a set of 2030 “diversity, equity and inclusion” (DEI) commitments to address the needs of the underserved and underrepresented through a mix of investments, products and services, supply chain, volunteering and community efforts.
16 April 2022, 18:00 PM

CodersTrust CEO wins award

Aziz Ahmad, chief executive officer of IT consultancy firm UTC Associates and skills training institute CodersTrust, has been presented a 2022 World Green Energy Symposium (WGES) Nova Award.
16 April 2022, 18:00 PM

Palak visits Runner’s under-construction R&D facility

State Minister for ICT Zunaid Ahmed Palak recently visited an under-construction research and development facility of Runner Group in Bhaluka, Mymensingh for the manufacture of two and three-wheelers and electric vehicles.
16 April 2022, 18:00 PM

Venture capital assoc gets new office bearers

Shameem Ahsan, partner of Pegasus Tech Ventures, has been re-elected as the president of the Venture Capital & Private Equity Association of Bangladesh (VCPEAB) for a two-year term.
16 April 2022, 18:00 PM

MCCI-BEF briefing on corporate due diligence obligations

The Metropolitan Chamber of Commerce and Industry (MCCI) Dhaka and Bangladesh Employers’ Federation (BEF) organised a briefing on Corporate Due Diligence Obligations for the Prevention of Human Rights Violations in Supply Chain at the former’s office in Gulshan, Dhaka recently.
13 April 2022, 18:00 PM

Incepta launches ‘Linatab E’ for diabetic patients

Incepta Pharmaceuticals has launched a new medicine under the brand name of “Linatab E’’ that combines Linagliptin and Empagliflozin, the two most remarkable and safe therapeutic classes of modern times for controlling diabetes.
12 April 2022, 18:00 PM

PPP Authority gets new CEO

Muhammad Ibrahim has been appointed as the new chief executive officer of the Public Private Partnership (PPP) Authority.
12 April 2022, 18:00 PM