Briefing 2023-05-10

Unilever Consumer Care's profit grows 17pc in Q1

Unilever Consumer Care's profit grew nearly 17 per cent year-on-year to Tk 201.35 million in the first three months of this year despite a 10.6 per cent drop in the sales revenue. Operating efficiencies, higher net finance income, and one-off benefit from a reassessment of past liabilities helped the multinational consumer goods company to boost earnings. Page 9

Over 5,500 people still missing in east Congo

More than 5,500 people are still unaccounted for in an area in east Democratic Republic of Congo where floods killed more than 400 people last week, a local official said on Tuesday, as shaken survivors waited for food aid. Scores of bodies have been recovered from the villages of Bushushu and Nyamukubi in South Kivu province's Kalehe territory since torrential rain caused landslides and flash floods on Thursday, flattening buildings and sweeping away crops. Page 18

Red status for shipbreaking yards

Chattogram's shipbreaking yards have been reclassified from orange to red environmental status by the Department of Environment (DoE), according to the recently published Environment Protection Regulations-2023. This means that wreckers must now obtain separate environmental clearance for each vessel before dismantling can begin. Page 20

Tigresses beat Sri Lanka in T20

Captain Nigar Sultana Joty led from the front as Bangladesh Women's team pulled off a victory against Sri Lanka after nine year when they beat the hosts by six wickets in three-match T20 International series opener at Singhalese Cricket Stadium (SSC) on Tuesday. Page 17