The Ministry of Education has given Daffodil International University a certificate of permanent establishment and management after evaluating the overall issues including the education environment, quality standards, all the performance related to education and meeting all the conditions of the private university.

Bank Asia signed an agreement with Bangladesh Bank recently to disburse loans among exporters from a newly formed Tk 10,000 crore Export Facilitation Pre-finance Fund of the central bank. 

Rangpur Metal Industries, a concern of Pran-RFL Group, recently launched handmade stainless steel kitchen sinks which have a bit more bowl depth compared to machine-made ones. 

An initiative of the Palli Karma-Sahayak Foundation (PKSF), styled “Enhancing Resources and Increasing Capacities of Poor Households towards Elimination of Poverty (ENRICH)”,

Local footwear giant Apex Footwear’s earnings surged 86 per cent in the second quarter ending on December 31 buoyed by increased exports and domestic sales.

IFAD Autos Ltd yesterday said its net profit dipped 75 per cent year-on-year in the second quarter of financial year 2022-23.

Bangladesh’s largest retail chain Shwapno registered 31 per cent year-on-year growth in sales in the July to December period of 2022-23.

Access to finance is still the main barrier for women-led small-and-medium enterprises (SMEs) in Bangladesh, according to various experts.

A weeklong Expo Paint and Coating-2023 organised by the Bangladesh Paint Manufacturers’ Association (BPMA) to promote over 100 brands of paint and coating products from home and abroad ended at International Convention Centre Basundhara in Dhaka yesterday. 

Brac Bank has launched a premium banking service styled “Borenno” for clients in the small and medium enterprise (SME) industry.

Profits of RAK Ceramics fell 25 per cent to Tk 67 crore in 2022 even though its sales rose 8.79 per cent to Tk 745 crore that year as a gas price hike coupled with volatility in the foreign currency market drove up production costs.

Walton Hi-Tech Industries PLC, the largest electrical, electronics and home appliance manufacturer in Bangladesh, posted lower sales and profits in the first half of the current financial year due to higher inflation and the dearer US dollar amid the ongoing global economic crisis. 

Green Delta Insurance and Navana Limited have recently signed a memorandum of understanding (MoU) enabling latter’s customers to avail the insurer’s exclusive offer benefits.

Emirates Skywards, a loyalty programme of Emirates and flydubai, has hit a new record with more than 30 million members enrolled worldwide.

Marico Bangladesh Ltd’s sales growth nearly halved in the April to December period compared to a year ago, which affected profits as higher inflation cut people’s purchasing power.

Bank Asia Limited celebrated the 9th anniversary of its agent banking operations at its corporate office (Rangs Tower) in Purana Paltan, Dhaka on Sunday.

Non-governmental development organisation Brac and Guardian Life Insurance recently signed a group insurance agreement on life coverage and medical benefits.

Dr Debasish Sarker has been reappointed as the director general of the Bangladesh Agricultural Research Institute (Bari) for another two-year term on a contractual basis.

Bangladesh could avoid billions in climate damages and lost GDP growth this decade by making timely investments to withstand the projected impact of climate change, according to a new study by Standard Chartered. 

Xiaomi, a Beijing-based global smartphone brand, recently announced that the motherboards used in its handsets are now being produced in Bangladesh as the company looks to increase value-addition in the country’s nascent mobile manufacturing industry.