Bank Asia has decided to be a sponsor shareholder of a proposed digital bank by investing Tk 12.50 crore, said the private bank yesterday.

The announcement comes as the airlines is set to mark its ninth anniversary tomorrow

It made a profit of Tk 110.6 crore in the quarter

The demand for electric motorbikes is increasing in Bangladesh for being an eco-friendly and cost-effective mode of transport.

More than 37,000 clients of Homeland Life Insurance Company Ltd are facing uncertainty about whether they would get back their insured amount owing to a lack of liquidity at the insurer caused by alleged irregularities, the regulator found.  

Firoza Begum, a resident of Shalmara village in Bhelabari union under Aditmari upazila of Lalmonirhat, opened a 12-year term policy with Fareast Islami Life Insurance Company some 15 years ago. 

IFAD Autos Ltd, a commercial vehicle manufacturing and marketing company in Bangladesh, recently reached the milestone of producing 10,000 Ashok Leyland branded vehicles at its Dhamrai factory.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a memorandum of understanding (MoU) with Green Power Ltd to help garment factories become more energy efficient with green and clean sources of energy.

Banking has become relationship manager (RM)-driven in Bangladesh over the last three decades whether it is corporate, commercial, or retail banking. Large clients in corporate or wealth management segments demand very personalised or structured product support backed by world-class service.

The government has formed a committee as part of efforts to appoint developers to establish economic zones in partnership with other countries or one or more state organisations.

On June 29, United Commercial Bank PLC completed 40 years of its operation. Marking the anniversary, Arif Qaudri, managing director and chief executive officer of UCB, talked about the bank’s achievements and future plans as well as the challenges confronting the banking sector, among other issues, during an interview with The Daily Star recently.

Exports of processed agricultural products declined in the immediate past fiscal year for a hike in the cost of production and raw materials which eroded competitiveness in the international market, according to Ahsan Khan Chowdhury, chairman and chief executive officer of Pran-RFL Group. 

A number of businesses yesterday demanded that the prime minister enable a stable political and business-friendly environment to build up a “Smart Bangladesh” by 2041. 

Finance Minister AHM Mustafa Kamal left the country for India yesterday morning to attend a two-day G20 summit of finance ministers and central bank governors of the member states, which will begin in Gujarat tomorrow.

Senior Commerce Secretary Tapan Kanti Ghosh says

The apex trade body organises a conference today

A Japanese company is getting the job of operating the third terminal of Hazrat Shahjalal International Airport (HSIA), which includes ground and cargo handling, Civil Aviation Authority of Bangladesh (CAAB) Chairman Air Vice Marshal M Mafidur Rahman said today.

Technical support will be provided for energy efficiency

Bangladesh is one of the nine guest countries of the summit this year

G2G formula was applied for the appointment