Robi on growth trajectory in Q3 as it cut cost
Robi Axiata secured a remarkable 78 per cent year-on-year growth in profit to Tk 1.89 billion in the third quarter through September this year through efficient cost management.Lower forex loss was another major reason for the boost to the profit.The second largest telecom operator's revenue, however, dropped almost 3 per...
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Rizwan Rahman elected as vice chairman of Eastland Insurance
Rizwan Rahman, a sponsor director, was elected as the vice-chairman of Eastland Insurance at its 225th board meeting on Wednesday, according to a press release.A former president of the Dhaka Chamber of Commerce and Industry in 2021 and 2022, Rizwan is the managing director of ETBL Holdings, a diversified holding...
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BAT to pay 150pc interim cash dividends despite lower profit
British American Tobacco (BAT) Bangladesh announced a 150 per cent interim cash dividend despite a 2.2 per cent year-on-year decline in profit to Tk 3.97 billion in the third quarter through September this year.It earned a lower profit due to higher finance expenses and lower leaf exports.The cigarette manufacturer's earnings...
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Govt's focus on quality listing to develop market: Finance adviser
The interim government will work to improve the depth of the equity market through listing of good companies including multinational ones, said Finance Adviser Dr. Salehuddin Ahmed.He spoke with journalists on Wednesday after a meeting with top brasses of the Bangladesh Securities and Exchange Commission (BSEC)."We discussed all the problems...
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INDIGENOUS CHILDREN GET BICYCLES ON MTB'S SILVER JUBILEE
INDIGENOUS CHILDREN GET BICYCLES ON MTB'S SILVER JUBILEEAs part of the 25th anniversary celebration of Mutual Trust Bank (MTB), MTB Foundation recently distributed 'Swapno Sarathi' (The Dream Chariot) bicycles to the children of indigenous tea workers in Sylhet. The ceremony was attended by Samia Chowdhury, chief executive officer, MTB Foundation,...
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