Tuesday, June 18, 2019 | ePaper

Marcel fridge sales jumped by 137 pc in Jan-May'19

  • Print
Business Desk :
Local electronics manufacturer Marcel has registered a 137 percent growth in the sales of its refrigerators and freezers during the month of January to May of 2019 against the sales of the corresponding period of the previous year, says a press release.
Marcel officials informed that they sold out total of 72,947 units of fridges during the first five months (January to May) of the previous year. Whereas, total of 1 lakh 73,093 units were sold in the same period of the current year, a 137 percent growth in fridge sales.
In addition, the local brand has sold 33,699 units of fridges during the holy Ramadan of this year, which was more than one and half times of the fridge sales of last year's Ramadan.
Centering the Cricket World Cup 2019, the local brand announced a special offer under its nationwide ongoing Digital Campaign Season-4. Under the offer, customers may get free television or various sorts of electronics or electrical appliances or sure cash vouchers up to Tk 1 lakh through registering their fridges just after the purchase from any Marcel outlets.
Dr. Md. Shakhawat Hossen, executive director of Marcel, said that this year sales of their fridges were jumped up sharply in the local market.
Every month, the fridge's sales targets were surpassed, mentioning it he noted that some timely initiatives were played a vital role in registering a remarkable growth in the sales of local brand's fridge.

More News For this Category

Businesses clamor for Trump's ear as $300b in new China tariffs loom

AFP, Washington :Washington is planning another tidal wave of tariffs on Chinese imports that represent a worst-case scenario for markets and major industries on both sides of the Pacific.And

Hong Kong rallies after extradition law U-turn as Asian markets bounce

AFP, Hong Kong :Hong Kong stocks rallied Monday, leading many Asian markets higher after last week's losses, with investors cheering a decision by the city to suspend plans to

Electricity tariffs cuts save companies 125.79b yuan

Xinhua, Beijing :China cut electricity tariffs for industrial and commercial businesses by 10.1 percent last year in order to alleviate financial burdens on companies and inject vitality to the

Updated inflation forecast of Central Bank for 2019 appears overstated -Economy Minister

TASS, Moscow :The new inflation outlook of the Central Bank for 2019 appears overstated, Russian Minister of Economic Development Maxim Oreshkin told reporters."As we have already said, we [the

Engr Md Atiqur Rahman, Chairman of the Board of Directors of Jamuna Bank Ltd, presiding over the Bank's 18th Annual General Meeting at the Police Convention Center in the city on Sunday. Jamuna Bank Foundation Chairman Al-Haj Nur Mohammed, Managing Director Shafiqul Alam and Company Secretary M A Rouf, among others, were present.

Engr Md Atiqur Rahman, Chairman of the Board of Directors of Jamuna Bank Ltd, presiding over the Bank's 18th Annual General Meeting at the Police Convention Center in the city on Sunday. Jamuna Bank Foundation Chairman Al-Haj Nur Mohammed, Managing Director Shafiqul Alam and Company Secretary M A Rouf, among others, were present.

.

Md Arfan Ali, President and Managing Director of Bank Asia Ltd, inaugurates the 51st Foundation Training Course (FTC) for different ranks officers of the Bank at its Institute for Training and Development at Lalmatia in the city on Sunday. Md Zia Arfin, Head of International Division, Krishna Saha, Lalmatia Branch Manager  and Sujit Kumer Sen, AVP, among others, were present on the occasion.

Md Arfan Ali, President and Managing Director of Bank Asia Ltd, inaugurates the 51st Foundation Training Course (FTC) for different ranks officers of the Bank at its Institute for Training and Development at Lalmatia in the city on Sunday. Md Zia Arfin, Head of International Division, Krishna Saha, Lalmatia Branch Manager and Sujit Kumer Sen, AVP, among others, were present on the occasion.

.

Farmers-friendly innovative idea can infuse dynamism into banking services

BSS, Rajshahi :Speakers at a discussion unanimously opined that innovative ideas and best uses of those can be the vital means of delivering farmers-friendly banking services to the grassroots

Switzerland keen to assist BD on taxation system

Economic Reporter :Switzerland has expressed interest to work closely with Bangladesh for modernisation of its taxation system and expansion of bilateral trade for the mutual benefits of the two

Md. Tariqul Azam, Additional Managing Director of Standard Bank Limited poses with the participants of a three-day long training on

Md. Tariqul Azam, Additional Managing Director of Standard Bank Limited poses with the participants of a three-day long training on "SME, Agriculture & Retail Credit" for Credit Officers of the Bank at its Training Institute. Among others Md. Amzad Hossain Fakir, Faculty of the Institute was present.

.

BJA demands allocation of Tk 2500 cr

Economic Reporter :Bangladesh Jute Association (BJA) on Sunday demanded Tk 2500 crore allocation in the raw jute sector to promote exporting raw jute.  The BJA, the apex organization of