Super Formica and Lamination Ltd (SFLL), a subsidiary of TK Group, launched its new product “Super Board Doors’ in the market considering the growing demand from local customers.

Bangladesh Thai Aluminium Ltd’s profit plummeted more than 98 per cent to Tk 25.55 lakh in the financial year that ended on June 30, 2022. 

Mobile phone operator Banglalink registered a double-digit revenue growth in the third quarter of 2022, the second consecutive period that it has gone over 10 per cent on the back of strong data sales. 

The Bangladesh Postal Department has received about Tk 4.5 as revenue from Nagad’s earnings in fiscal year 2021-22.

Unique Hotel & Resorts Limited’s profit rose 142 per cent year-on-year to Tk 94.21 crore in the financial year that ended on June 30. 

Japanese agricultural machinery manufacturer Yanmar will establish a display centre in Bangladesh in collaboration with ACI Motors to showcase its latest harvesters, tractors, transplanters and seeding machines. 

Romana Rouf Chowdhury has been elected chairman of Bank Asia Securities at the 51st meeting of its Board of Directors. 

Five more services have been added to the One Stop Service (OSS) portal of the Bangladesh Investment Development Authority (Bida). 

Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh, in association with the National Board of Revenue and the Bangladesh Bank, recently rolled out an online statutory payment processing solution for the payments of value-added tax, VAT deducted at source (VDS), excise duty, supplementary duty, and penalties.

Al-Arafah Islami Bank promoted its deputy managing director to the post of additional managing director (AMD).

Bata Shoe Company (Bangladesh) Limited’s sales rose 51 per cent year-on-year to Tk 213 crore in the July-September quarter on the back of increased turnover during Eid festivals and promotional activities.

The fallow lands of different government organisations, including sugar mills, will be brought under cultivation, Agriculture Minister Muhammad Abdur Razzaque said yesterday.

Berger Paints Bangladesh has decided to invest Tk 480 crore to establish a factory in Bangabandhu Sheikh Mujib Shilpa Nagar. 

Earnings from apparel shipments in October may dip 20 per cent year-on-year for high inflation in Europe due to the Russia-Ukraine war and a production shortfall for the ongoing energy crisis in factories, said the BGMEA chief yesterday.

Rupayan City Uttara in a press conference yesterday announced it would soon hand over to customers some 477 flats of 2,100 square feet to 3,150 square feet of condominium “Rupayan Grand” in Uttara. 

ACME Laboratories has declared higher dividends for its shareholders as the company made higher profits in 2021-22 financial year.

Star Business Report

ACI Limited posted a 9.4 per cent higher profit in the last financial year that ended on June 30.

MAX Infrastructure Ltd, a concern of MAX Group, signed separate two agreements with the Roads and Highways Department (RHD) of the Ministry of Road Transport and Bridges for the implementation of civil works of the SASEC Dhaka-Sylhet Corridor Road Investment Project-work package-1 on Monday.

Standard Chartered Bangladesh recently contributed to funding the Nutrition Rehabilitation Unit (NRU), an initiative launched by the International Centre for Diarrheal Disease Research, Bangladesh (icddr,b) to fight malnutrition.