SAIF Maritime LLC in the United Arab Emirates (UAE), a subsidiary of SAIF Power Group in Bangladesh, has announced becoming the bronze sponsor of Breakbulk Middle East, an exhibition of cargo and breakbulk industry, this year. 

Abu Hena Md Rahmatul Muneem, chairman of the National Board of Revenue (NBR), visited Pran-RFL Group’s industrial park in Habiganj on Tuesday. 

Rupayan City and the International Leasing and Financial Services recently signed a memorandum of understand (MoU) facilitating loans on purchases of flats of the former. 

LafargeHolcim Bangladesh yesterday appointed a new chief executive officer (CEO). 

Bangladesh Securities and Exchange Commission (BSEC) has given a go-ahead to a Tk 50 crore open-ended mutual fund named PLI AML 1st Unit Fund.

Bank Asia signed an agreement with Bangladesh Bank recently to disburse loans among exporters from a newly formed Tk 10,000 crore Export Facilitation Pre-finance Fund of the central bank. 

Rangpur Metal Industries, a concern of Pran-RFL Group, recently launched handmade stainless steel kitchen sinks which have a bit more bowl depth compared to machine-made ones. 

An initiative of the Palli Karma-Sahayak Foundation (PKSF), styled “Enhancing Resources and Increasing Capacities of Poor Households towards Elimination of Poverty (ENRICH)”,

Local footwear giant Apex Footwear’s earnings surged 86 per cent in the second quarter ending on December 31 buoyed by increased exports and domestic sales.

IFAD Autos Ltd yesterday said its net profit dipped 75 per cent year-on-year in the second quarter of financial year 2022-23.

Bangladesh’s largest retail chain Shwapno registered 31 per cent year-on-year growth in sales in the July to December period of 2022-23.

Profits of RAK Ceramics fell 25 per cent to Tk 67 crore in 2022 even though its sales rose 8.79 per cent to Tk 745 crore that year as a gas price hike coupled with volatility in the foreign currency market drove up production costs.

Walton Hi-Tech Industries PLC, the largest electrical, electronics and home appliance manufacturer in Bangladesh, posted lower sales and profits in the first half of the current financial year due to higher inflation and the dearer US dollar amid the ongoing global economic crisis. 

Green Delta Insurance and Navana Limited have recently signed a memorandum of understanding (MoU) enabling latter’s customers to avail the insurer’s exclusive offer benefits.

Emirates Skywards, a loyalty programme of Emirates and flydubai, has hit a new record with more than 30 million members enrolled worldwide.

Drug maker Incepta Pharmaceuticals jointly secured the first position at the “President’s Industrial Development Award 2020” in the large industrial sector category for its contribution to the national economy.

TVS Auto Bangladesh, a distributor of two- and three-wheeler manufacturer TVS Motor Company, launched a fresh edition of TVS Metro Plus 110 motorcycles in the Bangladesh market.

Bangladesh-being one of the fastest-growing economies in the world has grabbed the attention of several first-world countries.  A country previously labelled as a “Bottomless Basket” is now being termed as the “Emerging Asian Tiger” in just five decades. Fueled by the export revenues of ready-made garments, jute, leather, manpower, and fisheries, Bangladesh successfully holds its position strongly on the list of trusted manufacturers worldwide.

Mobile financial service provider (MFS) bKash retained its top position as the overall best brand among the top 15 brands in Bangladesh for the fourth time successively at the 14th edition of Best Brand Award 2022.

Faisal Khan, director of Summit Group, has been elected as president of the Bangladesh Independent Power Producers Association (BIPPA) for a two-year team.