Veon has achieved double-digit growth in Bangladesh and the parent company of Banglalink is now investing heavily in its network in key regions, including Chattogram, to maintain the growth, Veon Group CEO Kaan Terzioglu said yesterday.

LafargeHolcim Bangladesh Limited’s profit rose 21 per cent year-on-year to Tk 113.81 crore in the third quarter of 2022. 

Electronics entrepreneurs have vowed to turn Walton into a top global brand by 2030.

Banglalink’s parent company Veon Group CEO Kaan Terzioğlu is scheduled to arrive in Dhaka today for a four-day visit.

Intraco Refueling Station Limited’s profit rose around 55 per cent in the first quarter of 2022-23. 

Md Rezaul Karim, chairman of the Shippers’ Council of Bangladesh, was recently re-elected as vice-chairman of Asian Shippers’ Alliance (ASA).

Deshbandhu Polymer Limited’s profit more than doubled in the financial year that ended on June 30.   

Standard Chartered Saadiq Bangladesh recently hosted the fourth session of its “Living Islam” series, titled “Islamic Perspective on Wealth Creation, Accumulation, and Distribution.”

Meghna Bank has launched the “Meghna Unnoyon”, a collateral-free loan for cottage, micro and small entrepreneurs.

Bank Asia Limited has achieved the most prestigious Standard Information Security Certification, namely ‘PCI DSS’.

Nagad has launched a campaign, under which the mobile financial service provider offered up to Tk 1,000 cashback for mobile recharge.

Ace Autos, an authorised distributor of Haval sport utility vehicles (SUV) in Bangladesh, has signed a memorandum of understanding (MoU) with Standard Chartered Bank to provide auto loans at only 7.99 per cent interest per annum and 0.5 per cent processing fee in the purchase of Haval SUVs.

Bangladesh Bank Governor Abdur Rouf Talukder yesterday said they are trying to help strengthen the country’s securities market as it should be a major source of long-term funding for entrepreneurs and thereby assist in reducing non-performing loans in the banking sector.

Robi Axiata, the second largest mobile phone operator in Bangladesh, has appointed Rajeev Sethi as its new chief executive officer. 

GSP Finance Company (Bangladesh) Limited reported a lower profit in the first quarter of 2022.  

Prime Bank recently launched Japan Desk, a one-stop solution centre, in order to facilitate cross-border business initiatives and investments between Japan and Bangladesh.

HSBC Bangladesh recently signed an agreement with DBL Group on host-to-host (H2H) integration solution.

Scam-hit International Leasing & Financial Services Ltd (ILFSL) has kept losing money as it made losses in the first half of 2022. 

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) along with Bangladesh Investment Development Authority has inspected some 5,200 local factories in the last year to ensure workplace safety.

Concord Entertainment Company and Bangladesh Export Processing Zones Authority (Bepza) recently signed a memorandum of understanding.