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Horlicks boost lifts Unilever Consumer Care profit 19pc

Unilever Consumer Care's profit grew 19 per cent year-on-year to Tk 794 million in 2025, supported by higher sales of Horlicks amid easing inflationary pressure.Sales of Horlicks gradually climbed over the past four consecutive quarters to December last year after a sharp decline in 2024 owing to double-digit inflation.Subsequently, earnings...

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Auditor flags discrepancies in National Feed Mill's FY25 results

FE REPORTNational Feed Mill may have overstated its profit in FY25 by tampering with the cost of goods sold and by reducing financial expenses, according to its auditor.The auditor has issued a qualified opinion on the company's financial statements for the year ended June 2025, highlighting significant inconsistencies, a lack...

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PRIME BANK, NISHAT LINEN PARTNER TO OFFER EXCLUSIVE DISCOUNTS FOR NEERA CUSTOMERS-

PRIME BANK, NISHAT LINEN PARTNER TO OFFER EXCLUSIVE DISCOUNTS FOR NEERA CUSTOMERSPrime Bank has signed a strategic agreement with Nishat Linen to provide exclusive discounts to Prime Bank Neera customers. The signing ceremony was recently held at Prime Aspire in Dhaka. Under this agreement, Prime Bank Neera customers will enjoy...

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EBL LAUNCHES VISA INFINITE DEBIT CARD-

EBL LAUNCHES VISA INFINITE DEBIT CARDEastern Bank has launched EBL Visa Infinite Debit Card, an exclusive premium-tier debit card, designed for the priority segment of its retail portfolio. M. Khorshed Anowar, DMD and head of retail and SME banking; Ahsan Ullah Chowdhury, head of digital financial services from EBL; Sabbir...

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UAE's financial sector is resilient, c.bank says after Iranian air attacks

DUBAI, March 5 (Reuters): The United Arab Emirates central bank governor sought on Thursday to reassure that the country's financial sector was strong as the US-Iran war plunged the Gulf state into its biggest crisis since the COVID-19 pandemic.Iranian missile strikes have shattered the Gulf's safe-haven aura, rattling investors and...

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Global firms, investors in share sale rush as Middle East conflict erupts

LONDON, March 4 (Reuters): Companies and investors, including from the Gulf, kicked off large share sales raising tens of billions of dollars in recent days as tensions in the Middle East erupted into conflict, according to advisers and new figures.Around $20 billion worth of equity deals were struck globally in...

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Shamsul Huda reappointed as CEO of Sonar Bangla Ins

Md Shamsul Huda has been reappointed as the chief executive officer of Sonar Bangla Insurance Limited.His reappointment has been approved by the Insurance Development and Regulatory Authority (IDRA) for the next three years, effective from March 5, says a press statement.Before joining Sonar Bangla Insurance, Mr Huda worked at Global...

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Prime Insurance gets approval to conduct Sharia-based business

Following its application to conduct Islamic Sharia-based insurance business, Prime Insurance Company Limited has received approval from the Insurance Development and Regulatory Authority (IDRA), the Registrar of Joint Stock Companies and Firms (RJSC), the Dhaka Stock Exchange PLC (DSE), the Chittagong Stock Exchange PLC (CSE), and other regulatory bodies.The IDRA...

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JANATA BANK HOLDS BOGURA DIVISIONAL BRANCH MANAGERS' CONFERENCE-

JANATA BANK HOLDS BOGURA DIVISIONAL BRANCH MANAGERS' CONFERENCEJanata Bank PLC held its Bogura Divisional Branch Managers' Conference at a local convention centre on Wednesday. Chairman of the bank Md Fazlur Rahman was present as the chief guest. The event was presided over by Md Abdul Alim Khan, general manager-in-charge of...

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SHIPPERS' COUNCIL HOLDS DOA AND IFTAR MEHFIL-

SHIPPERS' COUNCIL HOLDS DOA AND IFTAR MEHFILShippers' Council of Bangladesh (SCB) organised a Doa and Iftar Mehfil at Fortune Square Convention Hall in Dhaka on Monday. SCB Chairman Md Rezaul Karim presided over the event. Senior Vice Chairman Syed Md Bakhtiar; Vice Chairman Ataur Rahman Khan; Directors and members and...

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