Beximco’s profit falls for higher costs

Beximco Ltd logged a 33 per cent year-on-year decline in profit in the July-March period of the ongoing financial year owing to the sharp depreciation of the local currency and higher energy and freight costs. 
30 April 2023, 18:00 PM

Heidelberg Cement shares jump as it returns to profit

Heidelberg Cement Bangladesh Ltd, the maker of Scan-branded cement, returned to profit in the first quarter of 2023, buoyed by higher net sales and lower costs of raw materials, plant repair and maintenance.
30 April 2023, 18:00 PM

Emirates announces return of 'My Emirates Pass'

Emirates has announced the return of its popular "My Emirates Pass". .Starting from May 1, 2023 to September 30, 2023, My Emirates Summer Pass enables customers to get exclusive offers at hundreds of locations in Dubai and the UAE.
30 April 2023, 08:58 AM

Renata's revenue growth offset by external factors

Renata witnessed strong growth in sales in between July 2022 and March 2023 although the pharmaceutical company posted a fall in profits in the period thanks to higher inflation, rising cost for energy and borrowing and foreign exchange losses.
29 April 2023, 18:00 PM

Unilever revenue up on price hikes

Unilever on Thursday reported higher revenue in the first quarter as high inflation pushed the British consumer goods giant to hike prices.
27 April 2023, 18:00 PM

Karnaphuli Ins sees drop in profit, dividend

Karnaphuli Insurance Company logged lower profits and declared lower dividends for its shareholders for the year ended on December 31, 2022.
26 April 2023, 18:00 PM

Sabur Khan attends American Council on Education meeting

The annual general meeting of the American Council on Education (ACE) took place in Washington DC, USA recently, bringing together academicians, leaders, presidents, and top management from different higher education institutions around the world.
25 April 2023, 15:57 PM

Nahee Aluminum’s profit plunges in Q3

Nahee Aluminum Composite Panel Ltd posted a nearly 88 per cent year-on-year decline in profit to Tk 1.09 crore in the third quarter of the current financial year.
20 April 2023, 18:00 PM

Eastern Housing clocks Tk 44.89cr profit in Jul-Mar

Eastern Housing Limited’s profit rose nearly 30 per cent to Tk 15.68 crore in the third quarter of the ongoing financial year of 2022-23.
19 April 2023, 18:00 PM

BBS Cables suffers 83% decline in profit

BBS Cables Limited posted an 83.5 per cent year-on-year fall in profit to Tk 2.12 crore in the January-March quarter of the ongoing financial year.
19 April 2023, 18:00 PM

Colgate to build factory in Bangladesh

Colgate-Palmolive (Asia) Pte Ltd, one of the largest manufacturers and suppliers of personal care products worldwide, is going to build a factory in Bangladesh in partnership with local conglomerate ACI Ltd to cater to the fast-expanding consumer market.  
14 April 2023, 02:00 AM

Mitsubishi Motors launches Mitsubishi Xpander Cross

Japanese automaker Mitsubishi Motors has launched “Mitsubishi Xpander Cross”, a new model in their sport utility vehicle (SUV) lineup.
13 April 2023, 18:00 PM

Vision Emporium’s Eid campaign kicks off

Vision Emporium, a chain store for electronics products of RFL Group, has launched a campaign titled “Double Dose” on the occasion of Eid-ul-Fitr and Eid-ul-Azha.
13 April 2023, 18:00 PM

Berger to borrow dollars from parent company

Berger Paints Bangladesh has decided to take a loan from its parent company, J&N Investments (Asia) Ltd, to facilitate the opening of a letter of credit for the import of raw materials. 
13 April 2023, 18:00 PM

Panache, GoDeshi organise fashion exhibition

Panache and GoDeshi organised a two-day fashion exhibition styled “Apex Presents Panache Ramadan Souk” on April 7 and 8 at Six Seasons Hotel, Gulshan 2.
12 April 2023, 18:00 PM

Ceramic assoc president, gen secy re-elected

The Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) has re-elected its president and general secretary for a two-year term. 
5 April 2023, 18:00 PM

SOLshare is tackling the electric three-wheeler market in the country with their one-of-a-kind technology - SOLmobility

This is where SOLshare came in - the leading climate-tech startup that has revolutionised solar peer-to-peer energy sharing is now tackling the electric three-wheeler market in the country with their one-of-a-kind technology - SOLmobility, helping individuals like Sohor Ali battle energy poverty.
1 April 2023, 06:48 AM

Huawei, bKash sign MoU on financial inclusion

Huawei has signed a memorandum of understanding (MoU) with bKash over enabling more people to participate in financial inclusion and benefit from the digital economy in Bangladesh. 
30 March 2023, 18:00 PM

Ring Shine Textiles incurs Tk 19cr loss in Oct-Dec

Ring Shine Textiles Limited suffered a Tk 19.01 crore loss in the October-December quarter of the current financial year.
29 March 2023, 18:00 PM

BSEC seeks foreign travel ban against Alliance Capital MD

The stock market regulator has requested the police to slap a foreign travel ban on Kh Asadul Islam, managing director of Alliance Capital Asset Management, as he has allegedly embezzled Tk 45 crore. 
29 March 2023, 18:00 PM