Marico’s sales rise despite second wave

Marico Bangladesh posted 11 per cent growth in sales in the April-June quarter despite the second wave of coronavirus infections on the back of hair oils and baby care portfolios.
26 July 2021, 18:00 PM

Unilever introduces two policies for employees’ welfare

Unilever Bangladesh has introduced two more policies as part to build equitable workplaces for employees. 
25 July 2021, 18:00 PM

IEB, Max Group offer 1,000 oxygen cylinders for free

The Institution of Engineers, Bangladesh (IEB) and Max Group have recently undertaken an initiative to provide 1,000 oxygen-filled cylinders for free to those in dire need in the wake of an alarming surge of Covid-19 cases. 
25 July 2021, 18:00 PM

LafargeHolcim unveils new bag for premium cement

LafargeHolcim Bangladesh has recently unveiled a new look of its premium cement brand “Holcim Strong Structure”, now available in all markets. 
25 July 2021, 18:00 PM

Singer launches ‘HygieneShield’ appliances

Singer Bangladesh has recently introduced a “Beko HygieneShield” series of home appliances. 
25 July 2021, 18:00 PM

Berger to launch fire retardant products

Berger Paints has signed an agreement with Promat Fire and Insulation Private Ltd, a leading fire protective coating supplier, in order to launch fire retardant painting solutions in Bangladesh.
25 July 2021, 18:00 PM

Ericsson’s 5G march hits a wall in China, shares fall

Ericsson said on Friday it was no longer banking on previously anticipated contract wins for 5G tenders in China as it gets caught in the crossfire of a political battle between Beijing and the West, sending its shares down 8 per cent.
17 July 2021, 18:00 PM

New committee of Bangladesh Metropolitan Chamber of Commerce Hong Kong formed

Bangladesh Metropolitan Chamber of Commerce Hong Kong (BMCCHK) was established in 2016. The new committee for 2021-2023 was formed on July 5 through an election covering 11 portfolios.
17 July 2021, 09:43 AM

Malaysia Aviation Group opens tender to sell six Airbus A380-800 planes

Malaysia Aviation Group (MAG) has launched a tender for the sale of six Airbus A380-800 aircraft or their components, the company said in a post on LinkedIn on Thursday.
15 July 2021, 18:00 PM

UK-listed cybersecurity firm Avast in merger talks with NortonLifeLock

London-listed cybersecurity firm Avast is in advanced talks with US rival NortonLifeLock Inc about a merger that would create a clear leader in consumer security software. 
15 July 2021, 18:00 PM

Unilever provides 100 oxygen concentrators to DGHS

Unilever Bangladesh yesterday provided 100 oxygen concentrators as a donation to the Directorate General of Health Services (DGHS) to come to the aid of Covid-19 patients. 
14 July 2021, 18:00 PM

LafargeHolcim sales, profit jump

Sales and profits of LafargeHolcim Bangladesh jumped in the second quarter of 2021 (April to June) thanks to a newly launched business of aggregate and the inclusion of new products in its portfolio.
14 July 2021, 18:00 PM

HC throws a lifeline to troubled People’s Leasing

The High Court has thrown a lifeline to People’s Leasing and Financial Services Ltd (PLFSL) as it constituted a 10-member board to run the troubled non-bank financial institution, thus saving it from potential liquidation.
13 July 2021, 18:00 PM

Big Oil keeps brakes on spending even with crude rally windfall

Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.
12 July 2021, 18:00 PM

Arla Foods ranks 5th in Global Nutrition Index-2021

Arla Foods of Denmark has risen to fifth place from 14th in a Global Nutrition Index-2021 for consistent improvement. 
12 July 2021, 18:00 PM

Melinda could leave Gates Foundation in 2023

The Gates Foundation said Melinda French Gates and Bill Gates, in the midst of a high-profile divorce, will continue to work as co-chairs for a two-year trial period and after that time if the arrangement unravels, she would step down.
8 July 2021, 05:08 AM

Samsung Electronics flags 53pc jump in Q2 profit, tops estimates

Samsung Electronics Co Ltd on Wednesday reported a likely 53 per cent jump in second-quarter operating profit, beating market estimates on the back of strong chip prices and demand despite lower smartphone sales. 
7 July 2021, 18:00 PM

HC appoints 5 independent directors at Int’l Leasing

The High Court has appointed five independent directors to the much-talked about International Leasing and Financial Services for smoothly running operations as it had incurred a loss of around Tk 3,000 crore.
5 July 2021, 18:00 PM

Mercantile Bank gets new exec committee chairman

Mercantile Bank has recently witnessed the appointment of a new chairman to the executive committee of its board of directors.
5 July 2021, 18:00 PM

Samsung Q2 profit likely up 38pc on strong chip prices

Samsung Electronics likely saw a 38 per cent surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres. 
5 July 2021, 18:00 PM