Singer Bangladesh Launches 4K LED Primax Series TV

Demand for mid to high-end electronics in Bangladesh has dropped significantly as consumers turn to cheaper local brands due to inflation, rising import costs, and economic uncertainty. High-end TV and AC sales have fallen, with prices up by over 20% due to currency devaluation. Local brands like Walton are offering competitive prices and discounts, but sales remain low amid cautious consumer spending.

The 15th edition of BizMaestros-UFLP, Unilever Bangladesh's flagship business competition, starts on November 3, with participant registration beginning the same day. The competition includes an online assessment and in-person sessions for selected candidates.

Bank Asia PLC has launched "Amar Hisab-Kitab," a digital financial literacy app designed to promote financial inclusion among Bangladesh’s readymade garment (RMG) workers. Developed in partnership with the United Nations Capital Development Fund (UNCDF) under the H&M Foundation's Aparajita Project, the app aims to enhance workers’ financial skills, contributing to broader economic inclusion.

BRAC Bank has launched the "Women Leadership Development Program" to boost women’s empowerment and leadership within the organization. The initiative, "Enlightened Leaders Exemplify Achievement" (ELEA), will provide 25 female employees with a year-long training involving mentorship, workshops, and project work.

Omera LPG launched the "LPG Solution" app, a home delivery platform for LPG cylinders, during an event marking International Chef's Day 2024 in Dhaka. The app allows customers to conveniently order LPG cylinders with home delivery and support services like kitchen setup and safety assistance. It is available on the Google Play Store and App Store. The launch event featured top chefs and Omera's senior management.

Singer Bangladesh reported a net loss of Tk 185 million in Q3 2024 due to lower-than-expected sales amid political unrest and floods, compared to a Tk 87.7 million profit in the same period last year.