Toshiba’s CEO resigned on Tuesday, adding fresh uncertainty weeks before a key shareholder meeting on a plan to spin off the Japanese conglomerate’s devices unit.

Bank Asia Ltd has received the nod to raise Tk 500 crore by issuing a perpetual bond.

MetLife Bangladesh, one of the leading insurance companies in the country, has settled insurance claims worth Tk 1,792 crore in 2021. 

Nagad now enables customers to pay land-related fees including land development fees (LD tax), e-mutation, and e-records of right fees sitting at home using Nagad.

US payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow’s invasion of Ukraine.

Grameenphone, the country’s top mobile phone operator, has launched eSIMs for the first time in Bangladesh and the new product will be available from March 7.

Right Haat, a digital platform for aquaculture actors including farmers, was launched at Brac Centre Inn in Dhaka yesterday.

AB Bank Ltd signed an agreement with Renaissance Dhaka Gulshan Hotel last week.

Walton yesterday declared its countywide ‘Digital Campaign Season-14’ to provide faster and best after-sales service to customers through online automation following the success in the previous seasons.

Bank Asia Ltd has recently been awarded the “Intellectual Property Protection Award 2020” by the Bangladesh Copyright Board for its conscious and responsible role in the protection of intellectual property.

Renata Ltd, one of the major drug producers, has received permission from the Bangladesh Bank to remit $7 million to Ireland and the UK as it looks to expand its footprint in the European market, the company said yesterday.

The claim settlement rate of life and non-life insurance companies in Bangladesh still lags behind the world standard as well as that of neighbouring countries such as India and this is the main reason for low public confidence in the sector.

Renata Ltd is going to take over its two subsidiaries -- Purnava Ltd and Renata Agro Industries -- after securing approval from the High Court Division of the Supreme Court of Bangladesh.

Edible oil refiners and millers in Bangladesh yesterday again proposed the government hike the price of cooking oil, saying the item has become costlier in the international markets.

Prime Bank signed an agreement with the Bangladesh University of Engineering and Technology (Buet) last week to provide its banking services.

Beverage brand Mountain Dew, a subsidiary of PepsiCo, unveiled its new power-packed television commercial (TVC) yesterday featuring Bollywood superstar and brand ambassador Hrithik Roshan.

Air Alliance Ltd, an authorised service contractor for uninterruptible power supply (UPS) in Bangladesh, has opened a new UPS retail point in Chattogram city.

The Bangladesh Bureau of Statistics (BBS) has to provide timely and accurate data while keeping an eye on foreign surveys to prevent conflicting information from damaging the country’s image, according to Dr Shamsul Alam, the state minister for planning.“Though presenting accurate data might sometimes be embarrassing, we, the people in the administration, should always publish data correctly,” Alam said.  

Brac Bank virtually organised a training for its senior officials to cater updated, quality customer services that were shaping the future of banking in Bangladesh.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is set to establish a joint business council with its counterpart in the UAE with a view to tapping the trade and investment potential in the markets in the Middle East, Africa and Europe.