RN Spinning strives for a comeback
RN Spinning Mills has decided to lease land from its own concern, Samin Foods, to re-establish a production unit that has remained shut since 2019, when a fire destroyed the premises at the Cumilla...
Unilever to cut 1,500 jobs in overhaul
Unilever unveiled plans on Tuesday to cut about 1,500 management jobs in an overhaul aimed at easing shareholders’ concerns after a failed takeover bid and news that an activist investor had built...
Paramount Textile logs higher profits
Paramount Textile’s shares fell yesterday despite reporting a higher profit in the first half of the financial year.
Marico profits up 20pc
Marico Bangladesh, a listed fast-moving consumer goods multinational, saw a year-on-year sales growth of just over 17 per cent while profit growth of over 20 per cent in the October-December period...
Panasonic to invest $700m to produce batteries for EVs
Japan’s Panasonic will begin producing its new lithium-ion battery for Tesla from as early as 2023, with plans to invest about 80 billion yen ($705 million) in production facilities in Japan, the...
Speakers Urge for Innovation in Policy & Regulations in Roundtable Discussion on Boosting eCommerce & Startups in Bangladesh
Preneur Lab Youth and Innovation Trust which works to empower entrepreneurs have come forward to ameliorate the scenario by initiating “Business Boost Bangladesh'' with an aim to ease...
Unique Hotel returns to profit
Unique Hotel and Resorts Ltd, owner of The Westin Dhaka, has returned to profits as its revenue surged in the October-December period of the 2021-22 financial year.
Magnito Digital, bKash in service exchange deal
Magnito Digital and bKash recently signed an agreement for the digital marketing firm to handle the mobile financial service platform’s related social media communications in exchange for money...
Bangladesh Finance to avail Nagad services
Bangladesh Finance and Nagad signed an agreement recently facilitating the non-banking financial institution’s digital transaction services through the mobile financial service provider.
Paramount Textile logs higher profits
Paramount Textile’s shares fell yesterday despite reporting a higher profit in the first half of the financial year.
Unilever to cut 1,500 jobs in overhaul
Unilever unveiled plans on Tuesday to cut about 1,500 management jobs in an overhaul aimed at easing shareholders’ concerns after a failed takeover bid and news that an activist investor had built...
RN Spinning strives for a comeback
RN Spinning Mills has decided to lease land from its own concern, Samin Foods, to re-establish a production unit that has remained shut since 2019, when a fire destroyed the premises at the Cumilla...
Panasonic to invest $700m to produce batteries for EVs
Japan’s Panasonic will begin producing its new lithium-ion battery for Tesla from as early as 2023, with plans to invest about 80 billion yen ($705 million) in production facilities in Japan, the...
Marico profits up 20pc
Marico Bangladesh, a listed fast-moving consumer goods multinational, saw a year-on-year sales growth of just over 17 per cent while profit growth of over 20 per cent in the October-December period...
StanChart wins Asset Triple’s best bank award in Bangladesh
Standard Chartered Bangladesh has been recognised as the ‘Best Bank in Bangladesh’ at the Asset Triple A Sustainable Capital Markets Country Awards 2021 recently.
Pran Dairy, Arla Foods join hands to boost milk production
Pran Dairy, one of the country’s leading dairy companies, and Arla Foods, a European dairy cooperative, have joined hands to work among farmers to improve milk yield and quality along with...