bKash, the leading mobile financial service (MFS) provider in Bangladesh, has joined hands with Grameenphone and City Bank to make 4G and 5G enabled smartphones more affordable for their clients.

China-based Home Joy Socks Bangladesh Company Limited signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) recently to set up a sock and garment manufacturing factory in Bepza Economic Zone with an investment of $50 million.

Bangladesh Financial Intelligence Unit (BFIU) today asked banks to provide details of accounts of former state minister for foreign affairs Md Shahriar Alam, his wife and son.

Rizwan Bin Farouq has been elected the chairman of the Duke of Edinburgh’s Award Foundation Bangladesh for a two-year term (2024-26).

Former cabinet secretary ASM Abdul Halim has been appointed as a director and the chairman of the Bangladesh House Building Finance Corporation, effective from today.

Abdul Hai Sarker, chairman of Dhaka Bank PLC, has been elected as chairman of the ad-hoc committee of the Bangladesh Association of Banks (BAB).

The Ministry of Labour and Employment has recommended that the basic monthly wage of a “highly skilled” worker of the soap and cosmetics industry inside divisional cities and city corporations be Tk 8,260. .It has also recommended 50 percent of it as house rent allowance, Tk 1,500 as med

Labour unrest in several industrial belts after the August regime change might have caused at least Tk 5,000 crore in losses as production and distribution suffered and many factories came under attack, according to the Metropolitan Chamber of Commerce and Industry (MCCI)..“We have come to

The Dhaka Chamber of Commerce and Industry (DCCI) has lauded the recent central bank move that lifted margins for letters of credit (LCs) for typical imports, saying this will boost overall industrial output and eventually increase the country’s exports..Besides, the chamber has appreciate

YiXin Bangladesh, a Chinese company in Bangladesh, will set up a footwear accessories manufacturing factory in the Bepza Economic Zone with an investment of $7.45 million..The company has set a target to annually produce 10 million pairs of footwear materials. The investment will create em

Walton Hi-Tech Industries PLC declared a 350 percent cash dividend for its general shareholders for the financial year 2023-24, despite adverse economic situations..General shareholders will get a cash dividend of Tk 35 per share. .But, sponsors and directors have opted for a 200 per

IDLC Finance PLC has partnered with bKash recently to enable its customers to make different payments through the mobile financial service provider’s app from the comfort of their homes. .The payments include loan instalments, duplicate document issue charges, statement and certificate c

Asset Developments & Holdings Ltd, a developer company in Bangladesh, donated a financial relief package worth Tk 20 lakh for the flood-affected people in the eastern and southeastern regions of Bangladesh..The aid will be donated to the Chief Adviser’s Relief and Welfare Fund..Nabil

Bangladesh Honda Private Ltd (BHL), a subsidiary of Honda Motor Co Ltd, has started its export operations to contribute to both local and international markets

Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh has been awarded the International Retail Bank of the Year for the fourth consecutive year by the Asian Banking & Finance (ABF)

Md Rezaul Karim was appointed chairman of the Bangladesh Power Development Board (BPDB) on Sunday..Karim had been serving the BPDB as member (distribution) prior to joining the new role, according to a press release..He replaced former chairman Md Mahbubur Rahman..Karim started

Bangladesh General Insurance Company declared a 10 percent cash dividend for the year that ended on December 31, 2023..The declaration came at the insurer’s 39th annual general meeting (AGM), which was held virtually recently, the bank said in a press release..Towhid Samad, chairman

Edison Real Estate recently signed a memorandum of understanding (MoU) with AkijBashir Group..Ahmed Pasha, director of the realtor, and Mohammod Khourshed Alam, chief operating officer of the business conglomerate, penned the MoU at the latter’s head office in the capital’s Tejgaon, accord

Gulshan Society, with the help of Shanta Holdings, took the initiative to launch a “Kids Zone” at Gulshan Society Lake Park in the capital..Maj Gen (retd) Siddikur Rahman Sarkar, chairman of Rajdhani Unnayan Kartipakkha (Rajuk), inaugurated the ‘Kids Zone’, according to a press release.</p

Prime Bank recently launched a new Islamic payroll banking service named “Prime Hasanah Payroll Banking” to meet the growing demand for Shariah-compliant financial solutions..Nazeem A Choudhury, deputy managing director of the bank, inaugurated the service at the bank’s corporate head offi