Brummer Frontier PE II (Mauritius) is going to sell 1 crore of its shares in Runner Automobiles as a part of its initial objective for buying a stake.

Shareholders of Grameenphone have approved 250 per cent cash dividend for 2021.

Bata Shoe, one of the most popular footwear brands in the country, returned to profits in the first quarter (January-March) of the ongoing calendar year after drowning in losses amid the coronavirus pandemic.

Elon Musk clinched a deal to buy Twitter Inc for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person.

Brac Bank recently signed an agreement with Trust Axiata pay (TAP) to directly channel remittance to TAP wallets owned by the beneficiaries in real time.

The stock index rose slightly though the blue-chip index dropped yesterday while there was a substantial increase in the turnover.

Robi Axiata, the country’s second largest mobile network provider in terms of subscribers, said its net profit grew 16 per cent year-on-year to Tk 34.29 crore in the first quarter (January-March) of the current financial year as it had to pay less income tax.

Bangladesh Bank yesterday revised its policy for post-import financing (PIF) to ease the process for importers to get finance smoothly.

Chinese company Venus Beauty Ltd is going to set up a hair fashion accessories manufacturing factory in the Bepza Economic Zone with an investment of $50 million.

Twitter is reconsidering Elon Musk’s buyout proposal, with discussions between the two camps ongoing Sunday, The Wall Street Journal reported, after the billionaire said Thursday he had secured the necessary funding.

City Bank has recently joined Net-Zero Banking Alliance, a platform of banks worldwide representing almost 40 per cent of global banking assets and committed to align lending and investment portfolios with net-zero emissions by 2050.

Brac Bank has contributed 5 per cent of its total corporate social responsibility (CSR) budget for 2022 to the Prime Minister’s education assistance trust (EAT).

On 20th April, BAT Bangladesh, one of the country’s leading multinational companies, launched its first-ever Environmental, Social, and Governance (ESG) Report for 2021. The report was launched at an event in Hotel Sonargaon in presence of several esteemed guests, representing both the public and private sectors. Introducing the concept of ESG in Bangladesh, BAT Bangladesh is proud to be the 1st organisation to launch an ESG report in the country.

The Bangladesh Bank yesterday asked banks to take insurance coverage against their financing to exporters in a bid to minimise default risk of loans.

Shareholders of Dutch-Bangla Bank Ltd (DBBL) have approved a 27.5 per cent dividend for 2021 as it made higher profits.

The Bangladesh Securities and Exchange Commission (BSEC) has appointed two independent directors at Keya Cosmetics to improve corporate governance in the company.

Singer Bangladesh yesterday launched a “Green Inverter Plus Smart” series air conditioner with voice control features.

For the blessed month of Ramadan, Wagely, an employee financial wellbeing platform organised a campaign called “Month of Blessings”, that allows the middle and low-income workers of Bangladesh and Indonesia to access their Eid Ul Fitr Festival Allowance before payday.

The National Board of Revenue (NBR) has launched a hotline, 16134, providing services related to an Automated System for Customs Data (Asycuda) and customs.

Standard Chartered Bangladesh has established a host-to-host integration solution for multinational feed company Suguna Food and Feeds Bangladesh Private (Suguna).