bKash has won an award at the “Mastercard Excellence Awards” for its contribution to improving the living standard of people and the economy through the innovative “Add Money” service.

The Ministry of Commerce yesterday appointed an administrator to temporarily run the Real Estate & Housing Association of Bangladesh (REHAB) and hold an election on February 24 to form its executive committee to hand over the responsibilities.

The elections to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the platform for apparel manufacturers and exporters, is going to be held in March next year to elect the leadership for 2024-26.

Bangladesh has made significant progress in ensuring intellectual property (IP) rights after implementing the related rules in 2019, but there is still much to do for the country to reach global standards in this regard, according to experts.

Matin Spinning Mills PLC, a concern of DBL Group, has announced a 40 percent cash dividend in the 21st annual general meeting (AGM) of the company.

iFarmer, a tech-enabled one-stop solution for smallholder farmers, has signed an agreement with Prime Bank to accelerate financing for farmers with the intention to empower female farmers in Bangladesh.

Businesses will have to deposit value-added tax (VAT) of Tk 10 lakh and above through electronic payment or automated chalan from the first day of January next year, the National Board of Revenue (NBR) said yesterday.

The interest rates of loans and deposits in non-bank financial institutions (NBFIs) increased further as the central bank hiked the interest margin by 25 basis points to make money costlier with the aim to curb skyrocketing inflation.

ACI Motors Ltd, a distributor and technical collaboration partner of Yamaha motorcycles in Bangladesh, has brought two new bikes with modern features to the market.

GPH Ispat Ltd has signed an agreement for supplying high strength steel re-bar to ABC Real Estates Ltd.

The Bangladesh Securities and Exchange Commission (BSEC) today gave the go-ahead to the National Housing Finance and Investment Ltd (NHFIL) to raise Tk 374 crore by issuing bonds to provide loans for homes, the regulator said.

A 50-member trade delegation led by Abdur Rahim Khan, additional secretary of the ministry of commerce, will go to Thailand to take part in a business-to-business matchmaking seminar to be held in Bangkok on Thursday.

Alpha Islami Life Insurance Ltd (AILIL) has decided to raise capital of Tk 100 crore through an Initial Public Offering (IPO).

Abdul Matlub Ahmad, chairman of Nitol Motors Ltd and ex-president of the Federation of Bangladesh Chambers of Commerce and Industry, has been elected as president of the India-Bangladesh Chamber of Commerce and Industry (IBCCI) for a two-year term (2023-2025).

LafargeHolcim Bangladesh Ltd (LHBL) has signed a memorandum of understanding (MoU) on sustainable waste management with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Mastercard, a global payment-processing company, today honoured 27 financial institutions, lifestyle brands, retail chains, healthcare organisations, mobile financial service providers and other businesses at the Mastercard Excellence Awards 2023.

GPH Ispat Ltd, an integrated steel manufacturing company in Bangladesh, recently signed a memorandum of understanding (MoU) with the Public Works Department (PWD).

MIDAS Financing Ltd, a non-bank financial institution in Bangladesh, has announced a 1.5 percent cash dividend for the year that ended on December 31, 2022.

ACI Motors, a subsidiary of ACI Ltd and a distributor and technical collaboration partner of Yamaha motorcycles in Bangladesh, launched Yamaha 2S Centre Crescent Enterprise on Banshbari Road in Mohammadpur, Dhaka recently.

Helal Ahmed Chowdhury, an independent director of Bank Asia Limited, has recently been elected as chairman of BA Express USA Inc, a fully owned subsidiary of the bank.