Bata Shoes (Bangladesh), one of the most popular footwear brands in the country, returned to profit after a year riding on higher sales.

TVS Motor Company, a manufacturer of two-wheelers and three-wheelers, yesterday launched a TVS NTORQ 125 Race Edition scooter in Dhaka. 

Bangladesh’s foreign exchange reserve has hit a record high of $48 billion after it secured $1.44 billion in financial support from the International Monetary Fund (IMF).

Singer recently started offering a 15 per cent discount on its green inverter, inverter, standard, low voltage and cassette type air conditioners. 

Standard Chartered and UCEP Bangladesh have jointly launched a reskilling and employment reintegration programme for economically vulnerable individuals losing livelihoods due to the pandemic’s second wave. 

Mahbubur Rahman, founding chairman of Bangladesh International Arbitration Centre (Biac), has recently been reappointed an arbitrator for five years to the China International Economic and Trade Arbitration Commission (CIETAC). 

Top food processor Pran is planning to grab a big share of the country’s fast food market with a retail chain focusing on selling fried chicken defying the gloom of the pandemic.

N Mohammad Plastic Industry, a concern of Chattogram-based N Mohammed Group, plans to make a fresh investment of around Tk 500 crore to expand business for increasing its market share alongside exports. Bangladesh currently manufactures over 142 plastic items and mainly exports intermediate products like film plastic, household items and garment accessories.

Rangs Motors has recently won a “Best Commercial Vehicle Dealer 2020-2021” award in “Overseas Market” category for selling the highest number of buses.

Unilever Bangladesh and Unilever Consumer Care yesterday provided Tk 71.84 million as workers’ share of profits to Labour Welfare Foundation under the Ministry of Labour and Employment. 

Unilever Bangladesh has recently launched “Ushopbd.com” which offers reaching products to customers’ doorsteps nationwide with cash on delivery and online payment options amidst the prolonging pandemic. 

A new chief executive officer has recently been appointed at the building technology & ideas (bti). 

Al-Arafah Islami Bank recently witnessed the reappointment of its managing director and chief executive officer. 

Mahtab Uddin Ahmed, managing director and chief executive officer of telecom operator Robi Axiata Ltd, has resigned from his position, according to his facebook post today.

Butterfly Marketing has recently witnessed the appointment of a new managing director and chief executive officer.  The appointee, Mustafizur Rahman Shazid, had been serving Butterfly Group as chief operating officer. The appointment will take immediate effect, says a press release.

Summit Oil and Shipping Company has signed a memorandum of understanding (MoU) with Commonwealth LNG to collaborate in the supply of LNG to Asia, including Bangladesh. 

Daraz Bangladesh has recently witnessed the appointment of a new chief marketing officer (CMO) in the marketing department. 

Bangladesh Employers’ Federation (BEF) has had its president and vice-president elected for 2021-23. 

Despite higher sales, profits of Unilever Consumer Care, formerly known as GlaxoSmithKline, dropped in the April-June period of 2021 as duty on raw materials rose and bank interest income fell.

Stocks of Linde Bangladesh rose 2.71 per cent to Tk 1,376 yesterday after the company reported higher profits in this year’s January-June period.