Britain’s SSE on Monday agreed to sell its entire 33.3 per cent stake in Scotia Gas Networks (SGN) for 1.225 billion pounds ($1.70 billion) as the power producer sharpens its focus on renewables and low-carbon electricity.

Bangladesh has sought US investments in oil and gas exploration, particularly at offshore sites.

British American Tobacco Bangladesh (BATB) has made its second investment announcement in a span of six months, saying it was aimed at expanding for meeting growing demand from abroad.

Shikho, a startup aiming to make education accessible and affordable in Bangladesh, yesterday announced raising $1.3 million in seed money, making it the largest round of financing by a local edtech startup yet.

Nagad, which acts as the main agent for mobile financial services (MFS) of Bangladesh Postal Office (BPO), plans to raise Tk 500 crore through a zero-coupon bond to pay its loans, develop networks and buy IT equipment for business expansion.

Textile manufacturer ZXY International has recently announced a new partnership agreement with textile innovator HeiQ enabling trading with brands and mills and connect as per requirements with innovative technologies. 

Singapore sovereign wealth fund GIC will invest $240 million in Arctic Green Energy to support the renewable energy firm’s expansion in Asia and Europe, the companies said on Monday.

Chinese company Vanessa Enterprise has signed a $41.77 million deal with Bangladesh Export Processing Zones Authority (Bepza) to produce accessories for ladies’ intimate garments in the Ishwardi export processing zone (EPZ) in Pabna.

After failing to get a desired government job, Jakaria Lenin, an English literature graduate in Tangail, set up a cattle farm about 11 months ago.

Alphabet Inc’s Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said. 

Finland’s Nokia said on Tuesday it planned to raise its full-year outlook as business picked up pace in the second quarter, sending the telecom equipment maker’s shares up more than 6 per cent.

Two Chinese companies have expressed interest in forming a joint venture to construct, operate and manage funds for a proposed high-speed railway on the Dhaka-Chattogram route.

The government is going to upgrade the 209km Dhaka-Sylhet highway into six lanes, including service lanes on both the sides, under a Tk 16,918.59 crore project.

Family members of IT expert Tanveer Hassan Zoha have been passing their days in uncertainty since he went missing in the early hours

Appreciating the political stability and investment-friendly atmosphere in Bangladesh, a group of British Bangladeshi entrepreneurs has

President Abdul Hamid yesterday sought more Korean investment in Bangladesh as lucrative incentives are on offer here for foreign investors.

Armed Police Battalion-2 arrested three people, including a woman, and seized drugs from their possession in two separate drives in Muktagachha

China is set to invest around $4.5 billion in two designated special economic zones in Chittagong and Dhaka.

Skypower Global, one of the world's largest and most successful utility-scale solar power producing companies, will invest 4.3 billion US

A schoolboy, abducted from Gridanarayanpur area of Sherpur town on August 2, was found dead in Burunga area under Nalitabari upazila