Think Big Solutions to launch TREDX

Think Big Solutions Ltd, a fintech company, will launch Bangladesh’s first integrated digital invoice auction platform, TREDXonline, which will bring together financiers, corporates, and their suppliers onto a single platform to create a win-win-win value proposition.
8 February 2022, 18:00 PM

ACI Motors wins Foton award

ACI Motors has received a couple of awards -- the Foton Global Excellent Brand Communication Award-2021 and Foton Global Service System Construction Merit Award-2021 -- from Foton Motor Group.
8 February 2022, 18:00 PM

Premier Cement to raise Tk 310.75cr

Premier Cement Mills yesterday received permission from the stock market regulator to raise Tk 310.75 crore by issuing preference shares.
8 February 2022, 18:00 PM

Toshiba unveils new plan to split into two companies

Japan’s Toshiba on Monday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate.
7 February 2022, 18:00 PM

Palli Bidyut bill payment free thru Nagad

Nagad has unveiled a new service allowing customers of 12 Palli Bidyut Samiti in Savar, Keraniganj, Narayanganj, Narsingdi, Gazipur, Munshiganj, Manikganj, and Bhaluka to pay their electricity bills using the app of the mobile financial service or USSD at free of cost.
7 February 2022, 18:00 PM

PriceRunner sues Google for 2.1b euros

Swedish price comparison firm PriceRunner said on Monday it is suing Alphabet-owned Google for about 2.1 billion euros ($2.40 billion), the latest firm to take legal action alleging the search giant manipulated search results.
7 February 2022, 18:00 PM

Sattar IPDC’s new chairman

IPDC Finance Ltd recently witnessed the appointment of a new chairman.
6 February 2022, 18:00 PM

Nurjahan Group owner barred from leaving country

The Money Loan Court in Chattogram has barred Nurjahan Group owner Zahir Ahammed from leaving the country in a case filed in connection with defaulted loans of Tk 118.5 crore.
3 February 2022, 18:00 PM

Nokia posts strong profit in 2021

Finnish telecoms giant Nokia reported a solid increase in profits in 2021 on Thursday and issued a confident outlook for the coming years as sales rose despite supply problems.
3 February 2022, 18:00 PM

Tasty Treat food stall at trade fair wins gold

Tasty Treat, a fast food retail brand of Pran-RFL Group, has received a gold medal under food stall category at the 26th Dhaka International Trade Fair-2022.
3 February 2022, 18:00 PM

Embezzlement by Tamha: Investors blame DSE, CDBL

Stock investors whose funds were siphoned off by Tamha Securities blame the Dhaka Stock Exchange (DSE) and Central Depository Bangladesh Ltd (CDBL) for the loss of their funds.
2 February 2022, 18:00 PM

Maersk to set up warehouse in Chattogram

The construction of the container freight station (CFS) has already commenced and is expected to be completed in a phased manner by the end of 2022.
2 February 2022, 18:00 PM

Facebook’s crypto project Diem sold after pushback

The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators.
1 February 2022, 18:00 PM

Ifad Autos’ profit plunges

Ifad Autos said its profit slumped 41 per cent year-on-year to Tk 24.6 crore in the July-December period of the current fiscal year owing to its increased operational cost.
1 February 2022, 18:00 PM

Square Textiles’ profit surges six times

Square Textiles Ltd, a concern of Square Group, yesterday said its profit rocketed in the first six months of the financial year as revenue growth outpaced the cost of sales.
1 February 2022, 18:00 PM

LafargeHolcim profit soars 64pc

Profits of LafargeHolcim Bangladesh rose 64 per cent to Tk 388 crore in 2021 due to higher incomes from its new products.
31 January 2022, 18:00 PM

Mahbubur PDB’s new chairman

Md Mahbubur Rahman became the chairman of the Bangladesh Power Development Board (PDB) yesterday.
31 January 2022, 18:00 PM

Olympic earnings fall to 6-year low

Olympic Industries, a leading biscuit maker, said its earnings slumped to the lowest in six-year suffering an increase in the cost of raw materials.
31 January 2022, 18:00 PM

Brac Bank, UCB Asset sign custodial services deal

Brac Bank recently signed an agreement with UCB Asset Management to provide custodial services to the United Commercial Bank (UCB) subsidiary for running a new open-ended mutual fund, “UCB Taqwa Growth Fund”.
31 January 2022, 18:00 PM

Beximco Pharma profits jump on vaccine income

Beximco Pharmaceuticals’ profit jumped by a whopping 41 per cent year-on-year during the first half of the financial year 2021-22 thanks to higher incomes in the form of coronavirus vaccine distribution fees.
30 January 2022, 18:00 PM