BB, Brac Bank sign deal to refinance small businesses

Bangladesh Bank and Brac Bank have signed an agreement to provide refinancing facilities to cottage, micro, small and medium enterprises (CMSMEs).
9 April 2022, 18:00 PM

Akij sets up its first rooftop solar power plant

Akij Group has set up its first rooftop solar plant with a power generation capacity of 470 kilowatts at Janata Jute Mills in Faridpur’s Boalmari upazila with technical solutions and support of Huawei and Cynergy.
9 April 2022, 18:00 PM

Walton doubles motherboard production

Walton has doubled its motherboard production capacity as the local technology giant looks to become savvier in high-tech and cut reliance on imports for advanced technologies.
9 April 2022, 18:00 PM

LafargeHolcim gets SC go-ahead

The Supreme Court’s Appellate Division has allowed LafargeHolcim Bangladesh to continue production and sale of aggregates in the open market until the government forms a related policy.
7 April 2022, 18:00 PM

Nagad MD wins Fintech Personality of the Year award

Tanvir A Mishuk, founder and managing director of Nagad, won the Fintech Personality of the Year-2022 award of the UK-based Global Brands Magazine.
6 April 2022, 18:00 PM

Walton expands global footprint

Walton Hi-Tech Industries PLC has won the bid to acquire three European brands and the trademark and branding rights in 57 countries, seeing off two renowned companies.
6 April 2022, 18:00 PM

EBL ATMs to connect with Bangabandhu Satellite-1

Eastern Bank Ltd (EBL) signed an agreement with Bangladesh Satellite Company to connect its ATM network to Bangabandhu Satellite-1.
5 April 2022, 18:00 PM

Brac Bank honours remittance beneficiaries

Brac Bank organised a programme in Munshiganj town recently for raising awareness on the benefits of remittance inflow through banking channels alongside honouring the top 10 remittance beneficiaries of Munshiganj.
5 April 2022, 18:00 PM

SIBL Securities gets new MD

Social Islami Bank Limited (SIBL) has appointed Abdul Hannan Khan as managing director and chief executive officer of SIBL Securities.
5 April 2022, 18:00 PM

New MD for Premier Leasing

Premier Leasing and Finance Ltd recently witnessed the appointment of its new managing director.
5 April 2022, 18:00 PM

Elon Musk buys large stake in Twitter

Twitter’s shares soared after Tesla CEO Elon Musk disclosed on Monday a large stake in the social media company, which he has criticized for its approach to speech rights.
5 April 2022, 18:00 PM

7up celebrates Ramadan with limited-edition packs

7UP, a lemon-lime flavoured non-caffeinated soft drink brand, unveiled its summer campaign featuring brand ambassador Shakib Al Hasan and its limited-edition  Ramadan packs yesterday, marking the month of Ramadan with a dash of fresh thinking.
5 April 2022, 18:00 PM

EBL fined for breaching banking rules

The Bangladesh Bank has imposed a fine of Tk 5 lakh on Eastern Bank Ltd (EBL) for disbursing loans to its subsidiary and associate in violation of the single borrower exposure limit.
5 April 2022, 18:00 PM

Walton sets up 2.16MW solar power plant

Walton has set up a 2.16 megawatt solar power plant at its headquarters at Chandra in Gazipur as a part of its initiative of phasing out 18 megawatt power by next year.
4 April 2022, 18:00 PM

bKash incurred loss of Tk 123 crore in 2021

Losses of bKash, a subsidiary of Brac Bank, widened by 83 per cent year-on-year in 2021, even though its revenue rose by 21 per cent, for incurring higher costs on training, investment and waivers on the charge to send money.
4 April 2022, 18:00 PM

Padma Bank promotes Zabed Amin to DMD

Padma Bank Ltd has recently witnessed the promotion of its chief operating officer to the post of deputy managing director.
3 April 2022, 18:00 PM

DBL to invest in Vietnam to make sewing thread

DBL Group, one of the leading local garment exporters, is going to invest in Vietnam to produce thread as many international clothing retailers and brands have nominated the group’s product to stitch clothes.
3 April 2022, 18:00 PM

Raise allowance for differently-abled people

The Bangladesh Society for the Change and Advocacy Nexus (B-Scan) has urged the government to increase the allowance for the differently-abled people to Tk 2,000 from Tk 750 and provide jobs to them.
2 April 2022, 18:00 PM

Western Union, Bank Asia, SIBL launch outbound remittance service

Western Union in collaboration with Bank Asia Ltd and Social Islami Bank Ltd (SIBL) launched outbound remittance services for the first time in Bangladesh at an event at Westin Dhaka recently.
2 April 2022, 18:00 PM

Aarong opens 25th outlet in Rajshahi

Lifestyle retail chain Aarong has opened its 25th outlet on Kumarpara crossing at Boalia in Rajshahi where it is offering discounts on purchases of Tk 5,000 for a limited time.
2 April 2022, 18:00 PM