Walton has announced signing a memorandum of understanding (MoU) with the Bangladesh University of Engineering and Technology (Buet) to set up a laboratory at the latter for research and development of its electronics and technology products.

Envoy Textiles has been given go-ahead by the Bangladesh Securities and Exchange Commission (BSEC) to issue fully redeemable non-convertible cumulative preference shares.

The Bangladesh Securities and Exchange Commission (BSEC) has approved a shariah-based open-ended mutual fund for UCB Asset Management.

Sakshi Handa, human resources director of Unilever Bangladesh, has been recognised as the top most global human resource leader in Bangladesh by World HRD Congress.

Walton Hi-tech Industries saw its profits drop 31 per cent year-on-year despite reporting higher sales in the first half of fiscal 2021-22 due to increased production and transport costs.

KFC, the global brand well-known for its fried chicken, recently added a couple of new items to their menu which will surely mesmerise everyone in a single bite.

LafargeHolcim Bangladesh has again suspended its aggregate production after the industries ministry filed a petition.

The United States Agency for International Development (USAID) Strengthening Multisectoral Nutrition Programming (MSNP) project, implemented by FHI 360, signed a new agreement to provide nutritional support in Khulna City Corporation to continue support to the Government of Bangladesh to reduce child malnutrition. The USAID project is collaborating with the Khulna City Corporation (KCC) to integrate growth monitoring and promotion services—key nutrition services—into the expanded immunization program in all four KCC zones.

Malaysian restaurant chain Secret Recipe yesterday launched a new outlet at Gulshan Avenue in Dhaka.

Mashrur Arefin has been reappointed as managing director and chief executive officer of City Bank Ltd for another three-year term with effect from January this year.

Bangladesh’s exports to the Indian markets are expected to reach $2 billion for the first time at the end of the current financial year as the demand for Bangladeshi products is increasing to the neighbouring country.

Chattogram-based steel producer SS Steel recorded a marginal increase in its year-on-year earnings in the July-September period of 2021.

Mutual Trust Bank (MTB) recently witnessed the appointment of its new group chief financial officer (CFO).

Businesses cannot avail various incentives offered in the existing industrial policy because of legal complexities, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) said yesterday.

ONE Bank recently witnessed the appointment of a managing director for a three-year tenure, effective from January 16.

Consumer goods giant Unilever on Monday revealed ongoing interest in a consumer health care unit owned by pharmaceutical groups GlaxoSmithKline and Pfizer after a bid of 50 billion ($68 billion) was refused.

CVO Petrochemical, a listed petrochemical company, has decided to buy an oil tanker that costs Tk 15 crore.

Any irregularity unearthed in non-bank financial institutions (NBFIs) by Bangladesh Bank will from now require the institution concerned to convene a special board meeting within two months of the investigation to present the findings.

Consumer goods giant Unilever said it had approached Glaxosmithkline about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 billion) bid it made had been rebuffed.

Bank Asia Ltd organised a daylong “BAMLCO Conference 2022” for branch anti-money laundering compliance officer (BAMLCO) through digital platform yesterday.