The Ibn Sina Pharmaceuticals Industry Ltd said its profits shot up 28 per cent in the July-December period of the 2021-22 financial year, buoyed by its marketing drive to boost sales.

Bangladesh Bank yesterday rolled out a Tk 500 crore credit guarantee scheme intending to help banks feel more comfortable in disbursing loans from a refinance scheme dedicated for marginal and landless farmers, low-income professionals and small businesses.

The Bangladesh Competition Commission (BCC) is investigating a complaint of anti-competitive practices filed by Japan Tobacco International (JTI) against British American Tobacco Bangladesh (BATB).

To identify the topmost brands of the country, the third council meeting of Superbrands Bangladesh was held today virtually. Superbrands, the UK based independent authority on branding, promotes the discipline of branding and pays tribute to exceptional brands all over the world.

Incepta Pharmaceuticals Ltd, one of the leading pharmaceutical companies in Bangladesh, is going to produce Covid-19 treatment drug molnupiravir.

Doreen Power posted 26 per cent higher earnings at Tk 79.04 crore in July-December of 2021 on the back of handsome revenue growth.

Islami Bank Bangladesh has been named “Strongest Islamic Retail Bank in Asia” by UK-based Cambridge IFA in a 7th Islamic Retail Banking Awards 2021.

Guardian Life Insurance and Pulse Healthcare Services signed an agreement recently to make insurance policies available, including innovative digital products such as health microinsurance, through the latter’s digital business-to-business distribution channel.

The Bangladesh Competition Commission (BCC) has drafted rules to complete inquiries within 15 working days after receiving allegations of anti-competitive practices.

MetLife Bangladesh has named national cricketer Mushfiqur Rahim as health ambassador for its MetLife 360Health app.

Walton has announced signing a memorandum of understanding (MoU) with the Bangladesh University of Engineering and Technology (Buet) to set up a laboratory at the latter for research and development of its electronics and technology products.

Envoy Textiles has been given go-ahead by the Bangladesh Securities and Exchange Commission (BSEC) to issue fully redeemable non-convertible cumulative preference shares.

The Bangladesh Securities and Exchange Commission (BSEC) has approved a shariah-based open-ended mutual fund for UCB Asset Management.

Sakshi Handa, human resources director of Unilever Bangladesh, has been recognised as the top most global human resource leader in Bangladesh by World HRD Congress.

Walton Hi-tech Industries saw its profits drop 31 per cent year-on-year despite reporting higher sales in the first half of fiscal 2021-22 due to increased production and transport costs.

KFC, the global brand well-known for its fried chicken, recently added a couple of new items to their menu which will surely mesmerise everyone in a single bite.

LafargeHolcim Bangladesh has again suspended its aggregate production after the industries ministry filed a petition.

The United States Agency for International Development (USAID) Strengthening Multisectoral Nutrition Programming (MSNP) project, implemented by FHI 360, signed a new agreement to provide nutritional support in Khulna City Corporation to continue support to the Government of Bangladesh to reduce child malnutrition. The USAID project is collaborating with the Khulna City Corporation (KCC) to integrate growth monitoring and promotion services—key nutrition services—into the expanded immunization program in all four KCC zones.

Mutual Trust Bank (MTB) recently witnessed the appointment of its new group chief financial officer (CFO).

Malaysian restaurant chain Secret Recipe yesterday launched a new outlet at Gulshan Avenue in Dhaka.