The Korea Importers Association (KOIMA) recently signed a memorandum of understanding (MoU) with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in a bid to expand bilateral trade between South Korea and Bangladesh.

United Commercial Bank PLC opened an “UCB Imperial Lounge” at Jashore Airport yesterday.

Midland Bank Limited has signed a memorandum of understanding with AMZ Hospital Limited enabling the bank’s cardholders, employees and their dependents to avail up to 30 percent discount on diagnostic services and 15 percent discount on radiology and imaging services.

Bank Asia Limited organised an “Open Loan Disbursement” programme in Panchagarh on November 1 when Tk 2,13,65,000 was disbursed among 244 marginal and landless farmers, low-income professionals, school banking account holders and small traders.

Eastern Bank PLC held a town hall meeting at Grand River View Hotel in Rajshahi yesterday to raise awareness on financial security.

Prime Bank cardholders will get discounts of up to 50 percent on room rent and 40 percent at Banquet Hall of Sikder Resort & Villas in Kuakata

Southeast Bank Ltd signed a memorandum of understanding (MOU) with Eastland Insurance Company Ltd at the bank’s head office in Dhaka to provide payroll banking services, collection services, payment services and other banking services.

Pragati Life Insurance Ltd inked a deal with Instasure Ltd, a leading insurtech company, recently.

Standard Chartered Bangladesh (SCB) and BRAC have launched a joint initiative to help improve the livelihoods of 350 fishermen based in the Sundarbans.

Akash Digital TV, a Direct To Home (DTH) service provider, launched a special campaign for its consumers recently, offering them the chance to avail an AKASH connection starting at Tk 2,999, with a 12-month standard pack recharge.

Pubali Bank signed an agreement with German bank Landesbank Baden-Wuerttemberg (LBBW) to provide export credit agency financing of 34 million euros through Pubali Bank to facilitate imports of brand-new capital machineries for Lantabur Textile Ltd, read a press release.

National Finance Limited (NFL), a non-banking financial institution, has appointed Irteza Ahmed Khan as its managing director, read a press release.

CA Property Development Limited (CPDL), a real estate firm of the country, signed a memorandum of understanding (MoU) with United Commercial Bank PLC at the UCB corporate head office in Dhaka.

Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September even though revenue dropped.

Ispahani Group, one of the leading conglomerates of the country, has made an equity investment for a minority stake in Tampaco Foils Limited, a company under packaging firm Tampaco Group. 

Ifad Autos Ltd, one of the leading automobile companies in Bangladesh, reported a loss of Tk 15 crore in the financial year of 2022-23. 

Profits of RAK Ceramics (Bangladesh) dropped in first nine months of 2023 mainly due to lower sales.

PricewaterhouseCoopers (PwC) firms around the world logged a record gross revenue of $53.1 billion, growing by 9.9 percent in terms of local currency and 5.6 percent in terms of US dollars compared to gross revenues of the financial year 2022.

Muhammed Aziz Khan, chairman of Summit Group, has been awarded the Public Service Medal (Covid-19) at the National Awards of Singapore for his outstanding contributions to society during the pandemic.

Edison Real Estate Ltd, a developer in Bashundhara residential area, recently signed a memorandum of understanding (MoU) with DBH Finance PLC, a housing finance institution.