NBFIs, govt entities now allowed to run MFS operation

The Bangladesh Bank yesterday said that non-bank financial institutions and government entities, alongside banks, would be able to run mobile financial services (MFS).
15 February 2022, 18:00 PM

GoZayaan acquires Pakistani travel-tech platform

GoZayaan has acquired Pakistan-based FindMyAdventure, making it the first travel technology platform in Bangladesh to take over any company beyond its borders.
15 February 2022, 18:00 PM

Toshiba sets date for break-up plan

Japan’s Toshiba Corp said on Monday it plans to hold an extraordinary general meeting of shareholders on March 24 where it will seek initial approval to hive off its devices business.
14 February 2022, 18:00 PM

BSTI to establish 69 more labs

The Bangladesh Standards and Testing Institution (BSTI) will set up 69 new laboratories by 2041, including 21 to analyse physical standards of goods for certification, said BSTI Director General Md Nazrul Anwar yesterday.
14 February 2022, 18:00 PM

Eastland Insurance wins SAFA award

Eastland Insurance Company Ltd won a certificate of merit for the “Best Presented Annual Report Awards-2020” by the South Asian Federation of Accountants (SAFA) in the insurance category.
13 February 2022, 18:00 PM

Singer Bangladesh expanding to cater to new generation of consumers

Singer has been operating in Bangladesh for 117 years and is growing at a healthy pace. Currently, the company is putting emphasis on brick-and-mortar sales as well as fast-expanding digital commerce in order to serve the current generations. Singer Bangladesh Ltd Managing Director & Chief Executive MHM Fairoz shares his company’s plans on investment, expansion and digital customers during an interview with The Daily Star recently.  
13 February 2022, 18:00 PM

Peninsula hotel’s earnings double

Earnings of Peninsula Chittagong, a posh hotel in the port city that is listed on the bourses, more than doubled in the October-December quarter of the current financial year of 2021-22.
13 February 2022, 18:00 PM

South Sudan ministers visit Pran-RFL’s Industrial Park

A seven-member delegation from South Sudan led by Deputy Minister for Foreign Affairs and International Cooperation Deng Dau Deng Malek visited Pran-RFL’s Industrial Park at Palash in Narsingdi yesterday.
10 February 2022, 18:00 PM

Singer unveils refrigerators with new features, technologies

Singer Bangladesh, a home appliance manufacturer, and marketer, yesterday launched a new series of refrigerators in response to consumer needs and usage patterns.
9 February 2022, 18:00 PM

New Zealand Dairy, Innovere sign deal

New Zealand Dairy Products Bangladesh Ltd (NZDPBL) has assigned Innovere, Denmark as their sole distributor in a bid to expand the market of non-dairy and dairy products in the European Economic Area (EEA) and the UK.
9 February 2022, 18:00 PM

HSBC Bangladesh sets H2H integration solution for M&J Group

HSBC Bangladesh has established a host-to-host integration (H2H) solution for M&J Group, one of the largest garment manufacturers in the country.
9 February 2022, 18:00 PM

3 of Nurjahan Group’s concern jailed

Three owners of a concern of Nurjahan Group were sentenced to five months in prison yesterday in a case filed in connection with defaulting Tk 325.84 crore in loans.
9 February 2022, 18:00 PM

Nasrin’s family wants to take over Evaly

The parents of Shamima Nasrin, former chairman of Evaly, yesterday told the High Court that they would like to take over the company and ensure its revival.
9 February 2022, 18:00 PM

Think Big Solutions to launch TREDX

Think Big Solutions Ltd, a fintech company, will launch Bangladesh’s first integrated digital invoice auction platform, TREDXonline, which will bring together financiers, corporates, and their suppliers onto a single platform to create a win-win-win value proposition.
8 February 2022, 18:00 PM

ACI Motors wins Foton award

ACI Motors has received a couple of awards -- the Foton Global Excellent Brand Communication Award-2021 and Foton Global Service System Construction Merit Award-2021 -- from Foton Motor Group.
8 February 2022, 18:00 PM

Premier Cement to raise Tk 310.75cr

Premier Cement Mills yesterday received permission from the stock market regulator to raise Tk 310.75 crore by issuing preference shares.
8 February 2022, 18:00 PM

Toshiba unveils new plan to split into two companies

Japan’s Toshiba on Monday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate.
7 February 2022, 18:00 PM

Palli Bidyut bill payment free thru Nagad

Nagad has unveiled a new service allowing customers of 12 Palli Bidyut Samiti in Savar, Keraniganj, Narayanganj, Narsingdi, Gazipur, Munshiganj, Manikganj, and Bhaluka to pay their electricity bills using the app of the mobile financial service or USSD at free of cost.
7 February 2022, 18:00 PM

PriceRunner sues Google for 2.1b euros

Swedish price comparison firm PriceRunner said on Monday it is suing Alphabet-owned Google for about 2.1 billion euros ($2.40 billion), the latest firm to take legal action alleging the search giant manipulated search results.
7 February 2022, 18:00 PM

Sattar IPDC’s new chairman

IPDC Finance Ltd recently witnessed the appointment of a new chairman.
6 February 2022, 18:00 PM