Business Desk :
MXN Modern Herbal Food Ltd has become the first company to get license for operating Multi Label Marketing (MLM) in the country under the new act formulated to regulate the business.
Dr Alamgir Moti, proprietor of MXN Modern Herbal Food Ltd got the license on March 5 this year, says a press release.
The company is committed to distribute its product across Bangladesh utilizing MLM technique. The company, however, will not receive any deposit from its marketing agents as per provisions of the new MLM law, the press release said.