Taiwanese chip giant TSMC will partner with Sony on a new $7 billion plant in Japan, the firms announced Tuesday, as an ongoing global semiconductor shortage squeezes the production of everything from cars to TVs and gaming consoles.

Abul Khair Steel recently organised a seminar to develop skills of employees from sales, brand and marketing alongside engineers of Sylhet region from production and quality assurance department.  

Online marketplace Daraz Bangladesh has taken preparations for the biggest one-day sale campaign “Eleven Eleven” to keep its promise to present with the best customer and seller support.

Major General Abul Kalam Mohammad Ziaur Rahman has been appointed as executive chairman of the Bangladesh Export Processing Zones Authority (Bepza) in place of the outgoing Major General Md Nazrul Islam.

Walton has firm determination to build a suitable environment for future generations through environmental protection, said Golam Murshed, managing director of Walton Hi-Tech Industries Ltd.

The World Bank Group’s International Finance Corporation (IFC) has partnered with South Africa’s Liquid Intelligent Technologies to expand data centre capacity and roll out fibre-optic cable on the continent, the groups said in a joint statement on Monday.

Exim Bank has received the “2021 US Dollar Clearing Elite Quality Recognition” award from the JP Morgan Chase Bank for its outstanding achievement of “Best-in-Class MT202”.

Sonali Bank Ltd recently witnessed the promotion of a new deputy managing director.

MTB Foundation in collaboration with the Faculty of Business Studies of the University of Dhaka has recently launched the “Niloufer Manzur Memorial Scholarship” in honour of the founding principal of Sunbeams School, Niloufer Manzur, with a view to recognising the significant contributions made by the renowned academic.

Online food and grocery delivery platform foodpanda has recently introduced a new logistics service “pandago”. 

Most listed multinationals logged higher profits during this year’s July-September quarter, compared to the same period a year ago, riding on increased sales in the last two months of the quarter following a three-week countrywide lockdown in July.

Rupali Bank Ltd has recently witnessed the promotion of its two new deputy managing directors. 

German national carrier Lufthansa said Wednesday that it was back in the black in the third quarter of this year -- for the first time since the start of the coronavirus pandemic -- as restrictions are lifted and air travel takes off again.

Bangladesh’s largest industrial enclave, Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram, is finally going to witness the commissioning of its maiden factory this month.

The Bangladesh Bank yesterday ordered Union Capital Ltd not to disburse any loans exceeding Tk 1 crore after the non-bank financial institution repeatedly failed to repay depositors despite their funds reaching maturity.

Arla Foods Bangladesh Ltd, producer of milk powder brand Dano, yesterday announced to have informed about 1.3 million people in 1,845 areas, including 202 garment factories, about the benefits and nutrition of milk.

The US has provided $121 million in financial assistance for disbursement among small and medium enterprises, especially rural ones, affected by the pandemic’s severe fallout under a corporate social responsibility programme, said the US ambassador to Bangladesh yesterday.

Gadget & Gear, a retail chain for mobile and premium accessories, has recently launched iPhone 13 in the local market.

Homegrown tech startup Pathao has witnessed the promotion of its chief financial officer, Fahim Ahmed, to the posts of managing director and CEO.

Banglalink yesterday said it recorded 3.6 per cent year-on-year growth to Tk 524 crore in the July-September period of 2021 in its earnings before interest, taxes, depreciation, and amortisation (EBITDA) as a result of revenue growth.