Business Desk : dhakamirror.com Telecom operator Grameenphone has reported revenues of Tk11,286.75 crore for the first nine months of 2022, registering a growth of 5.7% from the same period last year. In the third quarter, the company lost some 2.9 million subscribers owing to a ban on SIM sales imposed by the Bangladesh Telecommunication Regulatory ... Read more
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Unilever Consumer Care profit increased by 15% in the third quarter
Business Desk : dhakamirror.com Unilever Consumer Care Limited posted 15 per cent higher profit in the third quarter of 2022 compared to a year earlier. The multinational company made a profit of Tk 18.72 crore in the July-September period, up from Tk 16.28 crore in the identical period in 2021. Its earnings per share were ... Read more
Heidelberg Cement continues to incur losses
Business Desk : dhakamirror.com Heidelberg Cement Bangladesh Limited suffered losses in the third quarter of 2022. The multinational cement manufacturer incurred a loss of Tk 3.61 crore in the July-September quarter. It made a profit of Tk 10.79 crore during the same period a year earlier. Thus, the earnings per share of the company were ... Read more
BGMEA, Fashion Design Council to promote khadi worldwide
Business Desk : dhakamirror.com The Bangladesh Garment Manufacturers and Exporters (BGMEA) and the Fashion Design Council of Bangladesh (FDCB) intend to forge collaboration to promote and develop high-end fashionable garments using home grown fabrics and materials. The willingness was expressed when FDCB President Maheen Khan and Vice President Emdad Haque met with BGMEA President Faruque ... Read more
RMG emphasizing on productivity and efficiency improvement to compete globally: BGMEA
To increase the productivity and efficiency of the garments industry, the Niposh project was launched. Business Desk : dhakamirror.com The country’s ready-made garments (RMG) industry is increasingly focusing on efficiency and productivity enhancement to be more competitive in the global market, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). “Bangladesh’s ... Read more
Banglalink expands network coverage by 50% in Chittagong
Chittagong customers of the operator will now have access to internet that is twice as fast because of technological developments Business Desk : dhakamirror.com As part of its countrywide network expansion, telecom and digital communications operator Banglalink has increased network coverage in the Chittagong division by 50% over the past year. The operator launched next-generation ... Read more
Vivo launches its new V25e smartphone
The smartphone comes with a premium camera setup, a massive battery and an elegant and dynamic aesthetic Business Desk : dhakamirror.com Vivo, a leading global smartphone brand, has announced the launch of the latest addition to the successful V series, the V25e, which is available for sale in the market. Being a power-packed phone, the ... Read more
Walton holds ‘Meet the Partners’
Business Desk : dhakamirror.com Electronics entrepreneurs have vowed to turn Walton into a top global brand by 2030. They expressed their determination in this regard at a conference of electronics businessmen, titled “Meet the Partners”, organised by Walton Hi-Tech Industries PLC at the Sea Pearl Beach Resort and Spa in Cox’s Bazar on Thursday. SM ... Read more
Banglalink investing heavily in Ctg: Veon Group CEO
News Desk : dhakamirror.com Veon has achieved double-digit growth in Bangladesh and the parent company of Banglalink is now investing heavily in its network in key regions, including Chattogram, to maintain the growth, Veon Group CEO Kaan Terzioglu said today. Banglalink has expanded its network coverage by 50 per cent in Chattogram division in the ... Read more
‘Bangladesh IT Connect portal—Japan’ opened
Business Desk : dhakamirror.com An information technology portal named Bangladesh IT Connect Portal—Japan was launched yesterday with the goal of fostering business ties between domestic and Japanese IT enterprises. The Enhancing Digital Government and Economy project of the Bangladesh Computer Council and the Japanese Embassy will work together to create a business-to-business hub for IT ... Read more
German Business Council begins journey in Bangladesh
Business Desk : dhakamirror.com German Business Council (GBC), a platform of German private enterprises working in Bangladesh, formally began its journey today in Dhaka to promote investment and trade with the country. Additionally, it will help create a favorable business environment for the European nation’s companies. Formally registered as a trust in December 2019, GBC’s ... Read more
Veon Group CEO to arrive in Dhaka tomorrow
Business Desk : dhakamirror.com Banglalink’s parent company Veon Group CEO Kaan Terzioğlu is scheduled to arrive in Dhaka tomorrow for a four-day visit. This will be his third visit to Bangladesh this year, Banglalink said in a statement today. He will sit with government officials and key stakeholders of the company along with attending a ... Read more
4 global fairs by CEMS-Global USA begin in Dhaka
Business Desk : dhakamirror.com Four comprehensive international exhibitions, organised by the CEMS-Global USA, began in Dhaka’s International Convention City Bashundhara today. The three-day exhibitions are: 5th Int’l Health Tourism & Services Expo Bangladesh 2022, 27th Build Bangladesh Expo 2022, 4th Water Bangladesh International Expo 2022 and 4th Dhaka International Lighting Expo 2022. Some 350 stalls ... Read more
Exports of clothing to US rose by 53.54% in first eight months of 2022
Business Desk : dhakamirror.com Bangladesh’s garment exports to the country’s single largest export market, the USA, increased 53.54 percent year on year to $6.64 billion in the January-August time frame of the current year, according to data from the USA’s Office of Textiles and Apparel, (OTEXA). Bangladesh occupies third place with a 9.42 percent share ... Read more
RU researchers develop five new banana varieties
Business Desk : dhakamirror.com Researchers of Department of Biochemistry and Molecular Biology of Rajshahi University have developed at least five advanced varieties of banana. The new varieties were named as Mehersagar, Rongilasagor, Grand Nain, Sofri, and Agnissor. RU Vice-Chancellor Prof Golam Sabbir Sattar handed over seedlings of the new varieties among the farmers in an ... Read more
Akij Bathware unveils ROSA faucets
Business Desk : dhakamirror.com Akij Group is one of the renowned names in the country for their excellence in manufacturing building materials. To refuel their journey, Akij Bathware — a new sister concern of Akij Group — has launched ROSA faucets and bathware products. This wide range of ROSA faucets and bathware is not only ... Read more
Customers may pay Hajj finance loan and DPS installment through Nagad
Business Desk : dhakamirror.com The customers of Nagad and Hajj Finance Company Limited will be allowed to deposit their loan installments or pay the installments of savings deposit for Hajj via Nagad app from now on, said a press release. The agreement between the financial institution and digital company was signed at the head office ... Read more
15 payment partners awarded in ‘Daraz Payment Partner Awards 2022’
Business Desk : dhakamirror.com Daraz Bangladesh organised ‘Daraz Payment PartnerAwards 2022’ at Sheraton in Dhaka recently to acknowledge the continued support of the partners in the banking and mobile financial services sectors for the development of e-commerce, said a press release. Daraz Bangladesh global chief executive officer Bjarke Mikkelsen, managing director Syed Moshtahidal Hoq, chief ... Read more
Chery Automobile starts journey in Bangladesh
Business Desk : dhakamirror.com Chery Automobile Company Limited, a partner of Jaguar Land Rover, has officially begun operations in Bangladesh through Asian MotorspeX Limited, a subsidiary of Asian Holdings. The company started its journey with a launching ceremony at the Grand Ballroom of the Radisson Blu Dhaka Water Garden Hotel in Dhaka on Friday, said ... Read more
bKash to give 10pc cashback at shopping festival
Business Desk : dhakamirror.com A group of e-commerce platforms is going to jointly organise an online shopping campaign named “The 10-10 Festival” that will kick off on Monday. Some 30 Bangladeshi e-commerce platforms will take part in the festival. Participating organisations made an announcement of the festival at bKash head office in Dhaka on Thursday. ... Read more