Shwapno opens 202nd branch at Dhanmondi

January 15, 2022

The grocery chain shop, Shwapno, has opened its 202nd branch at Bay Park Heights, beside Sheikh Jamal Cricket Academy, at Dhanmondi 8 of Dhaka city.
The new outlet was inaugurated on Friday morning in the presence of Pradip Kar Chowdhury, executive director, finance and planning ofACI Limited, and Read more

Daraz is set to herald in a new era of e-commerce

January 15, 2022

Even before the COVID-19 pandemic, e-commerce was already witnessing significant growth – with the sector expanding at a steady pace of 4.5 per cent globally.
This was driven mainly by factors like increased digitisation, improvements in technology and infrastructure, and consumers expecting more convenience and Read more

Walton set to enter North America; first shipment in mid-2022

January 14, 2022

Walton Hi-Tech Industries Ltd, a giant in the local consumer electronics sector, is all set to enter the North American market through a shipment of home appliances sometime in the middle of 2022.
The company signed a partnership agreement with Danby Appliances, a compact appliance brand in North America, in order to expand the market for Walton brand Read more

Bangladesh primed for $8b monthly RMG export

January 9, 2022

Garment manufacturers are confident about supplying garment products worth $8 billion a month to international buyers after Bangladesh consolidated its place in the global supply chain by remaining open for businesses even during the peak of the coronavirus pandemic.
The government’s bold move contrasts to many garment-producing countries that kept Read more

Brac Bank gets BB’s top SME stimulus disbursement recognition

January 1, 2022

Bangladesh Bank (BB) has recognised Brac Bank for its role in the implementation of the first phase of a Covid-19 stimulus package for cottage, micro, small and medium enterprises in financial year 2020-21.
The government declared a Tk 20,000 crore stimulus package to help the enterprises recover from the pandemic’s fallouts. Brac Bank fulfilled an incremental target of Read more

HSBC completes first insurance backed receivables finance transaction

January 1, 2022

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has recently completed the country’s first insurance backed receivables finance transaction for MBM Garments.
This proposition has been rolled out in line with HSBC’s own receivables finance model and within local regulation, wherein the customer gets early payment against Read more

Bangladesh’s bicycle exports to EU countries are on the rise amid the epidemic

October 24, 2021

Manufacturers seek cash incentive for market diversification
The country’s bicycle manufacturers see additional export prospects in European countries amid the coronavirus outbreak as a rising number people on the market have started using bicycles as an alternative to public transport to maintain social distancing.
Exporters said that although the country’s exports had been dismal on the Read more

Fresh makes The Economic Times Best Brands 2021 list

October 7, 2021

Leading Indian daily The Economic Times has recognised Fresh from Meghna Group of Industries as the best brand, said a press release.
Fresh was recognised with the award in an online event titled ‘The Economic Times Best Brands 2021- Bangladesh Edition’ held on September Read more

Walton starts exporting microwave ovens to Europe

September 29, 2021

The Bangladeshi electronics company Walton has started microwave oven export to Romania and Hungary.
Tahmina Afrose Tanna, director of Walton Hi-Tech Industries Limited, officially inaugurated the microwave oven exports through cutting a giant cake at Walton’s corporate office in Dhaka on Monday.
Two renowned electronics and home appliance marketing Read more

StanChart brings “Smartcard” onto the market to facilitate digital payments

September 28, 2021

Standard Chartered Bangladesh recently introduced a new credit card that offers discounts on the purchase of digital products and services, such as accounting solutions for Netflix users or concluding grocery transactions through Foodpanda.
With the changed spending habits due to Covid-19, StanChart Read more

Samsung opens Authorised Service Centre in Banasree

September 24, 2021

Samsung Bangladesh has opened a new service centre at Banasree in Dhaka recently.
Hwansung Woo, country manager of Samsung Bangladesh, and Arshad Huq, managing director and CEO of Transcom Electronics Limited, inaugurated the centre, according to a press release.
Speaking on the occasion, Hwansung Woo said, “Samsung Read more

Huawei Connect 2021 begins

September 24, 2021

Huawei’s annual flagship event for the global ICT industry — Huawei Connect 2021 — began on Thursday, said a press release. Huawei rotating chairman Eric Xu opened the event with a keynote speech titled ‘Innovating Nonstop for Faster Digitalisation’.
This year’s event, themed ‘Dive into Digital’, explores how digital Read more

realme makes it to top 6 global smartphone brands

September 24, 2021

Smartphone brand realme has recently made its place among the top 6 smartphone brands globally, said a press release issued on Thursday. According to the latest market report by Counterpoint Research, realme has become the Top 6 smartphone vendor in the global rankings.
realme, the world’s fastest growing smartphone brand, has Read more

Dabur Launched their new Hair Oil

September 24, 2021

Dabur has launched a new hair oil brand named Dabur Gold Beliphool Coconut Hair Oil in its’ Annual Business Meet-2021 held recently at a hotel in Dhaka. Actress Puja Cherry unveiled the product along with Mr BK Das, The Country Director of Dabur Bangladesh, Talat Rahim, Head of Marketing, and Abu Obaida Imon, Group Product Manager in presence of other employees Read more

Anup Kumar Saha joined Nabil Group as Group COO

September 24, 2021

Anup Kumar Saha has joined Nabil Group, an agro-processing industry in Bangladesh, as Group COO.
Nabil Group is engaged in the business of processing agricultural and food products including two international standard rice mills, 2 flour mills, 2 feed mills, pulse processing mills, poultry farms, cattle farms, dairy farms, fruits and vegetables cold storage, real Read more

Shwapno launches new outlet in Sylhet

September 19, 2021

Shwapno, one of the largest retail chain shops in the country, has inaugurated its new outlet at Bishwnath in Sylhet city on Thursday, September 16, 2021.
Investor Humayon kabir, Saiful islam, Abdullah al Mahmud, head of operation regional, Razibul Hasan, head of business development (Franchise), attended Read more

vivo launches Y21 with Tk 10 lakh prize offer

September 18, 2021

Chinese technology company vivo has launched the vivo millionaire activity in Bangladesh that gives users a chance to win exciting cash prizes worth Tk 10 lakh, said a press release.
This activity will be applicable for pre-order and first-sales week customers who will purchase Y21 from any vivo authorised outlets at the official Read more

Dr Md. Sabur Khan honored as a Board Member of Eurasian Universities Union (EURAS)

September 14, 2021

Founder & Chairman of Daffodil International University (DIU) Bangladesh, Dr Md. Sabur Khan has been honoured as a Board Member of Eurasian Universities Union (EURAS); announced in the recent Annual General Assembly held in Istanbul, Turkey. Being the Board Member of EURAS, Dr Khan will contribute to the advancement of the mission of EURAS by setting futuristic Read more

A Milestone in the Economic Empowerment of Human Trafficking Survivors

September 14, 2021

On 12 September 2021, ACI Limited and Winrock International’s Ashshash project formally signed a pivotal ‘Memorandum of Understanding’ (MoU) that will extend support for skill-based employment opportunities and self-employment prospects for human trafficking survivors. ACI Limited will be able to widen the coverage and geographical footprints of their products via adept Read more

New Bangladeshi airways set to spread its wings from January 2022

September 8, 2021

A new Bangladeshi private airline naming ‘Air Astra’, is set to start its operation from January next year. Besides, Biman Bangladesh Airlines – the national flag carrier, two other private airlines namely US-Bangla and Novoair are currently operating flights. Air Astra will be the third private airline in Bangladesh.
“We are hoping to launch flight in different domestic destinations from Read more

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