Islami Commercial Insurance Company has received the nod to raise Tk 20.26 crore in funds from the stock market through initial public offering (IPO). 

InterContinental Dhaka has been voted winner of a 29th Annual World Travel Awards 2022 in categories “Bangladesh’s Leading Hotel 2022” and “Bangladesh’s Leading Hotel Suite 2022 - Presidential Suite”. 

The country’s manufacturing and processing behemoth Pran-RFL Group has made a foray into mobile phone manufacturing to capture a slice of the rapidly expanding digital device market in Bangladesh. 

Standard Chartered Bangladesh has donated a pressure swing adsorption (PSA) medical oxygen generation plant to Thengamara Mahila Sabuj Sangha (TMSS) Medical College and Rafatullah Community Hospital in Bogura recently. 

LafargeHolcim Bangladesh’s waste management wing Geocycle and Sylhet City Corporation (SCC) signed a memorandum of understanding yesterday for the former to dispose of the city’s waste on a trial basis. 

Hong Kong has become one of the top 10 foreign investors in Bangladesh, pouring $1.8 billion till date mainly in the textile and energy sectors, said Rizwan Rahman, president of the Dhaka Chamber of Commerce & Industry (DCCI), yesterday. 

Meghna Insurance Company Ltd reported a slightly lower profit in the year that ended on December 31.   

Chief executive officers of insurance companies can’t be given any additional salary, allowances, bonuses, and benefits beyond the limit stipulated in the laws, said the regulator on Monday. 

IPDC Finance Ltd has received approval from the Bangladesh Bank to avail 15 million euro in long-term financing from German development finance institution DEG.

Genex Infosys Ltd will support Standard Chartered Bangladesh to scale up its distribution network, efficiently reach new client segments, and deliver world-class banking products and services.

Analysts have cut their 12-month earnings forecasts for Asian companies over the past month, undermined by a dip in manufacturing activity and concerns over a drop in shipments, especially to China.

A ‘My Offers’ icon has been added to the bKash app to enable customers to find all the available offers in one place.

Islami Bank Bangladesh Ltd (IBBL) yesterday launched five new products in Dhaka.

NCC Bank has recently enabled the Shiplu Textile and Spinning Mills to receive a refinancing fund of around €8.5 million from a Green Transformation Fund of Bangladesh Bank (BB).  

Bangladesh has to explore and formulate a long-term plan to overcome possible difficulties and trade challenges past the United Nations status graduation from a least developed to a developing country, said experts at a discussion. 

Brac Bank signed a memorandum of understanding (MoU) with the Directorate of Secondary and Higher Education (DSHE) in Dhaka recently.

The Bangladesh Export Processing Zones Authority (Bepza) has started paying due salaries and other benefits to the workers of Shine Fashion Company Ltd, a closed factory at Dhaka Export Processing Zone (DEPZ).

Bangladesh Agricultural Research Institute (Bari) and farm products producer Intefa signed a memorandum of understanding (MoU) on Saturday.

Muhammad Saifullah has been elected chairman of the shariah supervisory committee of Standard Bank at the 363rd meeting of the board recently.

National Bank Ltd has decided to raise $100 million by issuing foreign currency-denominated subordinated bonds in order to strengthen its capital base under Basel Ill guidelines.