The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Fashion Design Council of Bangladesh (FDCB) yesterday agreed to collaborate in promoting and developing high-end fashionable garments using homegrown fabrics and materials. 

Apex Spinning & Knitting Mills Limited’s profit rose 17.75 per cent year-on-year in the last financial year. 

Midland Bank signed an issuing bank agreement with the Exim Bank of India under the latter’s Trade Assistance Programme in Dhaka yesterday.

City Bank has announced that it would provide Bangladeshi migrants in Malaysia 2 per cent of whatever they send home as remittance on top of the 2.5 per cent provided by the government as an incentive. 

Bank Asia has signed an “Issuing Bank Agreement” with the Export-Import (Exim) Bank of India to avail a “Trade Assistance Programme” (TAP). 

Mercantile Bank has recently been awarded with the certificate of the International Organisation for Standardisation(ISO) by Bureau Veritas Certification Holding SAS-UK branch for its outstanding performance and fulfilling the requirements of ISO standards.

Veon has achieved double-digit growth in Bangladesh and the parent company of Banglalink is now investing heavily in its network in key regions, including Chattogram, to maintain the growth, Veon Group CEO Kaan Terzioglu said yesterday.

LafargeHolcim Bangladesh Limited’s profit rose 21 per cent year-on-year to Tk 113.81 crore in the third quarter of 2022. 

Electronics entrepreneurs have vowed to turn Walton into a top global brand by 2030.

Banglalink’s parent company Veon Group CEO Kaan Terzioğlu is scheduled to arrive in Dhaka today for a four-day visit.

Intraco Refueling Station Limited’s profit rose around 55 per cent in the first quarter of 2022-23. 

Md Rezaul Karim, chairman of the Shippers’ Council of Bangladesh, was recently re-elected as vice-chairman of Asian Shippers’ Alliance (ASA).

Deshbandhu Polymer Limited’s profit more than doubled in the financial year that ended on June 30.   

Standard Chartered Saadiq Bangladesh recently hosted the fourth session of its “Living Islam” series, titled “Islamic Perspective on Wealth Creation, Accumulation, and Distribution.”

Meghna Bank has launched the “Meghna Unnoyon”, a collateral-free loan for cottage, micro and small entrepreneurs.

Bank Asia Limited has achieved the most prestigious Standard Information Security Certification, namely ‘PCI DSS’.

Nagad has launched a campaign, under which the mobile financial service provider offered up to Tk 1,000 cashback for mobile recharge.

Ace Autos, an authorised distributor of Haval sport utility vehicles (SUV) in Bangladesh, has signed a memorandum of understanding (MoU) with Standard Chartered Bank to provide auto loans at only 7.99 per cent interest per annum and 0.5 per cent processing fee in the purchase of Haval SUVs.

Bangladesh Bank Governor Abdur Rouf Talukder yesterday said they are trying to help strengthen the country’s securities market as it should be a major source of long-term funding for entrepreneurs and thereby assist in reducing non-performing loans in the banking sector.

Robi Axiata, the second largest mobile phone operator in Bangladesh, has appointed Rajeev Sethi as its new chief executive officer.