6th Bangladesh Retail Congress held

Different organisations have been honoured through 26 winners and 14 mentions in different categories at Bangladesh Retail Congress 2021 and Bangladesh Retail Awards 2021 recently.
27 October 2021, 18:00 PM

Five lenders arrange Tk 167cr for first electric vehicle plant

Five banks and non-bank financial institutions are going to provide a syndicated loan of Tk 167 crore for the country’s first electric vehicle (EV) manufacturing plant of Bangladesh Auto Industries Ltd (BAIL).
27 October 2021, 18:00 PM

Anti-money laundering workshop at Lankan Alliance

Lankan Alliance Finance Ltd in collaboration with Bangladesh Financial Intelligence Unit (BFIU) of Bangladesh Bank has recently organised a daylong workshop on “Anti-Money Laundering and Combating the Financing of Terrorism” at its Gulshan head office in Dhaka. 
26 October 2021, 18:00 PM

Islam Oxygen seeks to raise Tk 93cr

Islam Oxygen Ltd has recently started working on its initial public offering (IPO) under the book building method to raise Tk 93 crore, subject to approval of the Bangladesh Securities and Exchange Commission. 
26 October 2021, 18:00 PM

Tesla zooms past $1t market cap

Tesla Inc surpassed $1 trillion in market value on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader’s ambitions to top the entire auto industry in sales over the next decade.
26 October 2021, 18:00 PM

Unilever Consumer Care’s profit rises in Q3

Unilever Consumer Care, formerly known as GlaxoSmithKline, logged higher profits in the July-September period of the current financial year, in contrast to the January-September period when its profits dropped.
26 October 2021, 18:00 PM

Asiatic Laboratories working on IPO under book building

Asiatic Laboratories Ltd has recently started working on its initial public offering under the book building method.  
26 October 2021, 18:00 PM

Chorka expanding targeting $200m lingerie export

Chorka Textile Ltd, a concern of Pran-RFL Group, has been expanding its capacity to export $200 million-worth lingerie and other garment items by the next two years. 
24 October 2021, 18:00 PM

Supply chain excellence awards for 2021 launched

The fourth edition of “Bangladesh Supply Chain Excellence Awards 2021” was launched yesterday to recognise outstanding individuals and organisations for their exceptional contributions in advancing supply chain knowledge and practices across the industries. 
24 October 2021, 18:00 PM

Two Square entities to go for Tk 646cr expansion

Square Pharmaceuticals and Square Textiles, two major concerns of Square Group, have decided to invest Tk 646 crore to expand business.
24 October 2021, 18:00 PM

Delta Life stock price trebles in six months

Stocks of Delta Life Insurance Company Limited have tripled in value over the past six months even though the company reported lower revenue in its recent financial disclosure, raising concerns among analysts that manipulation might be taking place behind the scenes.
24 October 2021, 18:00 PM

Meridian Finance & Investment gets new chairman

The Meridian Finance & Investment Ltd has recently witnessed the appointment of a new chairman of the board of directors. 
23 October 2021, 18:00 PM

Guardian Life launches new ins policy

Guardian Life Insurance Ltd has recently launched “Key Person Insurance”, a life insurance solution for business organisations to insure key personnel. 
23 October 2021, 18:00 PM

Rupayan condominium opens in Bashundhara R/A

Rupayan Lake Castle Condominium Lifestyle has recently opened at Bashundhara Residential Area in the capital. 
23 October 2021, 18:00 PM

Pathao introduces insurance coverage for ridesharing

Pathao has recently launched an insurance programme in partnership with Green Delta Insurance Ltd to ensure a safe commuting experience for all users and riders.
23 October 2021, 18:00 PM

Renata’s profits rise 22pc

Profits of Renata Ltd, a listed drug maker, soared over 22 per cent year-on-year to Tk 506 crore in 2020-21 amid the ongoing Covid-19 pandemic.
23 October 2021, 18:00 PM

Opex & Sinha Textile shuts Narayanganj operations

Opex & Sinha Textile Group, once one of Asia’s largest garment and textile makers, has decided to close big operations at Kanchpur, Narayanganj following a reduction of work orders and financial losses.
23 October 2021, 18:00 PM

LafargeHolcim launches ‘Holcim Shokti’ cement

LafargeHolcim Bangladesh Ltd has recently launched a new “Holcim Shokti” brand of cement. 
21 October 2021, 18:00 PM

IBM revenue misses market estimates

IBM on Wednesday missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down 4 per cent in extended trading.
21 October 2021, 18:00 PM

IPDC Finance’s Agraz: Seeing through lenses of Sara Zaker

Agraz, an online event organised by IPDC Finance, showcases the journey of Bangladesh to becoming an independent nation. Hosted by Anis A Khan, advisor of Tyser Risk Management, Bangladesh, the event features stories of noted Bangladeshi personalities, their memories of the Liberation War, their ideas for Bangladesh, and their vision for the country's prosperous future.
21 October 2021, 06:04 AM