Shepherd Industries Ltd is going to amalgamate with its sister concern Shepherd Textile BD Ltd (STBL). 

Online grocery platform Chaldal has raised Tk 5 crore in funding from Startup Bangladesh, the first government-backed and flagship venture capital fund. 

Mahtab Uddin Ahmed, a former chief executive officer of Robi Axiata Ltd, has filed a lawsuit against the telecom operator, its board chairman and former group CEO seeking Tk 227 crore in retirement benefits and compensation for ‘wrongful dismissal’. 

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) yesterday signed an agreement with Sustainable Textile Initiative: Together for Change (STITCH) to work together for ensuring fair prices from buyers in the knitwear sector. 

Optimum Solution & Services Ltd has received a licence from the Bangladesh Bank to operate as a payment system operator.  

Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from the typical six to nine months for previous launches, Bloomberg News reported on Tuesday.

Bangladesh General Insurance Company has re-appointed its managing director (MD) for another three-year term for the fourth consecutive time.

Opec stands ready to cut output to correct a recent oil price decline driven by poor futures market liquidity and macro-economic fears, which has ignored extremely tight physical crude supply, Opec’s leader Saudi Arabia said on Monday.

Mobile financial service Nagad launched a campaign yesterday offering customers who have not topped-up their accounts after December 31, 2021 a Tk 10 cashback on a Tk 20 recharge or 1 GB of internet data at only Tk 10. 

Fareast Finance & Investment Ltd posted losses in the year that ended on December 31, 2020.    

RFL Group recently organised a dealer conference in Dubai of the United Arab Emirates .

Standard Chartered Bangladesh was recently named “Market Leader” in Bangladesh for corporate social responsibility (CSR) in a survey key banking categories and markets by financial publication Euromoney.   

Al-Arafah Islami Bank has donated 147 computers to International Islamic University Chattogram (IIUC) as a part of its corporate social responsibility for setting up a “Computer Vision and Intelligent System Laboratory”. 

Pubali Bank has donated an ambulance and signed a memorandum of understanding with Birdem General Hospital for employees to avail a 30 per cent discount on medical services from the hospital. 

Social Islami Bank Limited (SIBL) has launched a three-month special campaign, styled “Asset Development Campaign”, with the aim to create awareness about quality investment and timely repayment for the socio-economic development of the country.

Meghna Bank Limited and KDA School and College have signed a memorandum of understanding (MoU), under which the lender handed over computers to the school for establishing an ICT lab on its campus.

Sonali Bank Limited yesterday paid tribute to Bangabandhu Sheikh Mujibur Rahman and his family, who were martyred on August 15, 1975, and honoured the freedom fighters who served the bank.

Capital Market Stabilisation Fund (CMSF) and ICB Asset Management Company Ltd (IAMCL) jointly floated a closed-end mutual fund namely “ICB AMCL CMSF Golden Jubilee Mutual Fund” on Wednesday commemorating the Golden Jubilee of Bangladesh’s independence.

Asiatic 3sixty, a communication solutions provider in Bangladesh, won a total of 37 awards, the highest by a group, in the 11th edition of Commward 2022 at the Dhaka Sheraton in the capital recently.

Unilever Bangladesh Limited has won the ‘Asia’s Best Employer Brands 2022’ award given by World HRD Congress.