Toshiba in talks with 10 buyout partners

Troubled conglomerate Toshiba said Friday it has been approached by 10 potential investors as it weighs going private, a move that would be highly unusual in corporate Japan.

12h ago| Banks

StanChart ‘Market Leader for Trade Finance’

Standard Chartered Bangladesh has been named “Market Leader for Trade Finance” in Bangladesh as part of surveys in 2022 of Euromoney Trade Finance and Asiamoney Trade Finance.

Sony TVs available at Transcom

Transcom Digital, an electronics retail chain of Transcom Electronics and a subsidiary of Transcom Group, started selling Sony televisions yesterday.

Shanta Equity gets new CEO

Rubayet-E-Ferdous has recently joined Shanta Equity Ltd, a concern of Shanta Group, as chief executive officer.

IDLC Finance gets new chief investment officer

A new chief investment officer has been appointed at IDLC Finance who will also serve as the lead director of IDLC Investments.

5d ago| Banks

Mohd Safwan Choudhury re-elected Bank Asia vice-chairman

Mohd Safwan Choudhury has been re-elected vice-chairman of Bank Asia at the 473rd meeting of the board of directors of the bank recently.

May 12, 2022
May 12, 2022

Toyota posts record full-year net profit

Toyota on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as the pandemic and war in Ukraine disrupt supply chains.

May 12, 2022
May 12, 2022

Anwar Landmark gets new CEO

Mohammed Fasiul Mowla has been appointed chief executive officer of Anwar Landmark Ltd.

May 12, 2022
May 12, 2022

Domino’s Pizza: Indian master franchisee buys unit of Bangladesh

Jubilant FoodWorks, the master franchisee of Domino’s Pizza in India, Sri Lanka, Bangladesh and Nepal, has fully acquired Jubilant Golden Harvest Ltd, the franchisee of Domino’s Pizza in Bangladesh.

May 11, 2022
May 11, 2022

Mohd Safwan Choudhury re-elected Bank Asia vice-chairman

Mohd Safwan Choudhury has been re-elected vice-chairman of Bank Asia at the 473rd meeting of the board of directors of the bank recently.

May 11, 2022
May 11, 2022

IDLC Finance gets new chief investment officer

A new chief investment officer has been appointed at IDLC Finance who will also serve as the lead director of IDLC Investments.

May 10, 2022
May 10, 2022

Hyundai plans US EV plant

Hyundai Motor Co plans to announce a new electric-vehicle manufacturing plant in the United States and has been in discussions to build a facility in Georgia, near existing plants for the Hyundai...

May 9, 2022
May 9, 2022

Drawing large investors to stocks still a tall order

When a sector offers opportunities to make a good profit and there is a conducive climate to invest, investors -- large and small and local and foreign -- don’t need to be told to channel...

May 8, 2022
May 8, 2022

Shwapno clocks record sales growth

Shwapno, the largest retail chain in Bangladesh, posted the biggest growth in turnover in the last financial year, driven by higher sales through its e-commerce platform and teleservice amid the...

May 1, 2022
May 1, 2022

Brac Bank’s ‘premium’ clients to enjoy benefits

Brac Bank last week signed a memorandum of understanding (MoU) with Ace Autos, the authorised distributor of China-based Great Wall Motor Company’s Haval sport utility vehicles (SUVs) in Bangladesh.

May 1, 2022
May 1, 2022

Sonali Bank to disburse freedom fighters’ allowance

Sonali Bank signed an agreement with the Ministry of Liberation War Affairs on the latter’s premises on Thursday over the disbursement of government allowance for freedom fighters.