Samsung forecasts 52.5pc jump in Q4 profits

Samsung Electronics expects operating profits for the fourth quarter to soar 52.5 per cent, the South Korean tech giant said in a statement on Friday, spurred by record sales.
8 January 2022, 18:00 PM

WB approves $90m in pandemic aid for Iran

The World Bank has approved $90 million in additional financing for Iran, to help fight against the Covid-19 pandemic, a spokesperson said Friday.
8 January 2022, 18:00 PM

Google, Facebook fined for ‘cookies’

French regulators have hit Google and Facebook with 210 million euros ($237 million) in fines over their use of “cookies”, the data used to track users online, authorities said Thursday.
6 January 2022, 18:00 PM

Volvo to debut self-driving feature

Volvo Cars and self-driving sensor maker Luminar Technologies Inc said on Wednesday a hands-free driving system called  “Ride Pilot” will be first released in California.
6 January 2022, 18:00 PM

Shanta Asset Management declares 10pc dividend

Shanta Asset Management has declared 10 per cent cash dividend (Tk 1 per unit) for investors of Shanta Amanah Shariah Fund for the year ending on December 31, 2021.
6 January 2022, 18:00 PM

Biman launches Ctg-Dubai flights

Amid increasing demands, Biman Bangladesh Airlines has decided to operate direct flights on the Chattogram-Dubai route from January 11.
6 January 2022, 18:00 PM

HC clears way for LafargeHolcim’s aggregate business

LafargeHolcim Bangladesh Ltd has received the final nod from the High Court to resume its aggregate business in the country, according to a regulatory filing.
6 January 2022, 18:00 PM

Pran-RFL going for Tk 1,700cr expansion

Pran-RFL Group, one of the country’s leading industrial houses, plans to invest Tk 1,700 crore to expand its footprint in consumer goods, poultry, and mobile assembling, the group said yesterday.
6 January 2022, 18:00 PM

Qualcomm inks car chip deals with Volvo, Honda

Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines.
5 January 2022, 18:00 PM

Alibaba, Tencent fined for failing to report deals

China’s top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd, Tencent Holdings Ltd, and Bilibili Inc for failing to properly report about a dozen deals.
5 January 2022, 18:00 PM

Exim Bank promotes 2 to additional MDs

Exim Bank has recently witnessed the promotion of two of its deputy managing directors to the position of additional managing directors.
4 January 2022, 18:00 PM

DSE app download up 51pc in pandemic

Investors are apparently increasingly opting for executing trade through the Dhaka Stock Exchange (DSE) mobile app as its download has soared by around 51 per cent during the last two years amidst the coronavirus pandemic.
4 January 2022, 18:00 PM

Kabir Ahmed re-elected BAFFA president

Kabir Ahmed has been re-elected as the president of the Bangladesh Freight Forwarders Association (BAFFA) for a two-year term until 2023.
4 January 2022, 18:00 PM

Challenges facing banks as pandemic persists

When we started the year, we saw Covid-19 was having a downswing. It showed upswing from the first quarter and we saw the country getting into lockdown in the last week of June. However, things started improving from the third quarter.
3 January 2022, 18:00 PM

Walton exporting gas stoves to Sri Lanka

Walton has started exporting its “Made in Bangladesh” gas stoves to Sri Lanka where it would be sold by a leading consumer brand.
2 January 2022, 18:00 PM

RN Spinning Mills to merge with Samin Food

Shares of RN Spinning Mills topped the gainers’ list on the Dhaka Stock Exchange (DSE) yesterday after it announced that it would merge with its non-listed sister concern as it looks to return to production.
2 January 2022, 18:00 PM

HSBC wins ‘best cash management bank’ award

The Hongkong and Shanghai Bank Corporation (HSBC) has been recognised as the best cash management bank at the CorporateTreasurer Awards 2021.
2 January 2022, 18:00 PM

Pran’s concern wins ICMAB award

Agricultural Marketing Company, a concern of Pran-RFL Group, has received an Institute of Cost and Management Accountants of Bangladesh (ICMAB) Best Corporate Award-2020.
1 January 2022, 18:00 PM

Selim elected ABB chairman

Selim RF Hussain, managing director of Brac Bank, has been elected chairman of the Association of Bankers Bangladesh (ABB) for a two-year term (2022-23) effective from January 1, 2022.
1 January 2022, 18:00 PM

Brac Bank on a roll

Brac Bank is a private commercial lender, but it put the unbanked population and sustainable banking at the heart of its activities from the word go instead of making hefty profits because of its deep conviction that if it can serve the society and clients well, profits will automatically pour in. 
1 January 2022, 18:00 PM