Mashrur Arefin has been reappointed as managing director and chief executive officer of City Bank Ltd for another three-year term with effect from January this year.

Bangladesh’s exports to the Indian markets are expected to reach $2 billion for the first time at the end of the current financial year as the demand for Bangladeshi products is increasing to the neighbouring country.

Chattogram-based steel producer SS Steel recorded a marginal increase in its year-on-year earnings in the July-September period of 2021.

Consumer goods giant Unilever on Monday revealed ongoing interest in a consumer health care unit owned by pharmaceutical groups GlaxoSmithKline and Pfizer after a bid of 50 billion ($68 billion) was refused.

Businesses cannot avail various incentives offered in the existing industrial policy because of legal complexities, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) said yesterday.

ONE Bank recently witnessed the appointment of a managing director for a three-year tenure, effective from January 16.

CVO Petrochemical, a listed petrochemical company, has decided to buy an oil tanker that costs Tk 15 crore.

Any irregularity unearthed in non-bank financial institutions (NBFIs) by Bangladesh Bank will from now require the institution concerned to convene a special board meeting within two months of the investigation to present the findings.

Consumer goods giant Unilever said it had approached Glaxosmithkline about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 billion) bid it made had been rebuffed.

Bank Asia Ltd organised a daylong “BAMLCO Conference 2022” for branch anti-money laundering compliance officer (BAMLCO) through digital platform yesterday.

United hospital organised a daylong health camp at The Daily Star Centre in Dhaka. To encourage the practice of preventive health screening, the health awareness event provided complimentary health checkups and medical consultations.

Bangladesh’s retail brand and largest grocery chain shop, Shwapno, has opened its 202nd Branch at Dhanmondi 8 of Dhaka city.  The new outlet was inaugurated on 14th January, Friday morning at 11 am in the presence of Mr Pradip Kar Chowdhury is the Executive Director, Finance & Planning at ACI Limited.

Professor Dr Nawzia Yasmin has been appointed as the Pro-Vice-Chancellor of the State University of Bangladesh (SUB) for the next four years by His Excellency the President and the Chancellor of the University Md. Abdul Hamid. Earlier, Professor Nawzia Yasmin was working as the Dean of the School of Pharmacy and Health Sciences and Head Department of Public Health of the same university.

Additional Secretary Md Selim Uddin has recently joined Bangladesh Rural Electrification Board (BREB) as its chairman.

Beximco’s Tk 3,000-crore green sukuk, the first shariah-based bond in the corporate sector of Bangladesh, made its trading debut on the Dhaka Stock Exchange yesterday as most stocks ended higher.

The Bangladesh Securities and Exchange Commission yesterday fined all but independent and nominated board directors of Aman Cotton Fibrous Tk 3 crore each for violation of securities rules, said the regulator in a statement.

Local garment exporters yesterday demanded removal of trade barriers in Japan to boost apparel shipments to the East Asian nation.

Mobile financial service provider upay, a subsidiary of United Commercial Bank Ltd, has witnessed the appointment of a new managing director and chief executive officer.

Singer Bangladesh Ltd has launched a ‘New Year Carnival’ campaign under which it is offering up to 100 per cent discount on refrigerators, televisions, washing machines, air conditioners, computers, and microwave ovens.

Walton Hi-Tech Industries Ltd, a giant in the local consumer electronics sector, is all set to enter the North American market through a shipment of home appliances sometime in the middle of 2022.