Three foreign companies and one local firm are set to invest $50 million collectively at the Bepza economic zone in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram.

Fortune Shoes earned more money from its stock market investment than its core business of footwear selling in the first half of the current financial year.

Business leaders and bankers yesterday said the economy was facing various challenges, including inflationary pressure, which may weaken the ongoing recovery.

Pran-RFL Group subsidiaries Banga Building Materials, Rangpur Foundry and Rangpur Metal Industries organised a two-day conference for their dealers at the Hotel Royal Tulip Sea Pearl Beach Resort & Spa in Cox’s Bazar recently.

Mobile phone brand realme virtually launched their snapdragon 680-powered smartphone ‘realme 9i’ recently.

Grameenphone has appointed Asif Naimur Rashid as the company’s new chief business officer (CBO) with effect from April 16 this year.

Walton’s customer service management (CSM) is implementing the company’s Green CSM’s activities to achieve its “Vision Go-Global” as a part of its ‘Better Bangladesh Tomorrow’ initiative.

Brac Bank recently signed an agreement with the Internet Service Providers Association of Bangladesh (ISPAB) over financing its members.

With the objective of removing ambiguity, the Bangladesh Bank yesterday specified the instruments where non-bank financial institutions’ investment would be considered while calculating their stock market exposure.

MTB Foundation signed a partnership agreement with BizCare, a consultancy and IT, computer and network service provider, to support “The Mangrove Children” project.

The Bangladesh Bank yesterday said that non-bank financial institutions and government entities, alongside banks, would be able to run mobile financial services (MFS).

GoZayaan has acquired Pakistan-based FindMyAdventure, making it the first travel technology platform in Bangladesh to take over any company beyond its borders.

Japan’s Toshiba Corp said on Monday it plans to hold an extraordinary general meeting of shareholders on March 24 where it will seek initial approval to hive off its devices business.

The Bangladesh Standards and Testing Institution (BSTI) will set up 69 new laboratories by 2041, including 21 to analyse physical standards of goods for certification, said BSTI Director General Md Nazrul Anwar yesterday.

Earnings of Peninsula Chittagong, a posh hotel in the port city that is listed on the bourses, more than doubled in the October-December quarter of the current financial year of 2021-22.

Eastland Insurance Company Ltd won a certificate of merit for the “Best Presented Annual Report Awards-2020” by the South Asian Federation of Accountants (SAFA) in the insurance category.

Singer has been operating in Bangladesh for 117 years and is growing at a healthy pace. Currently, the company is putting emphasis on brick-and-mortar sales as well as fast-expanding digital commerce in order to serve the current generations. Singer Bangladesh Ltd Managing Director & Chief Executive MHM Fairoz shares his company’s plans on investment, expansion and digital customers during an interview with The Daily Star recently.  

Luxurious furniture and home décor retail Penthouse Livings has officially launched Boca Do Lobo of Portugal in Bangladesh on 11th February 2022.

A seven-member delegation from South Sudan led by Deputy Minister for Foreign Affairs and International Cooperation Deng Dau Deng Malek visited Pran-RFL’s Industrial Park at Palash in Narsingdi yesterday.

Singer Bangladesh, a home appliance manufacturer, and marketer, yesterday launched a new series of refrigerators in response to consumer needs and usage patterns.