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Latest Happenings
The goal is to let people know about the current business happenings through the “Now This” category.
SOLshare Raises $2.2M to Expand Solar Network
SOLshare as a climate-tech company based in Dhaka, has successfully secured $2.2 million in Series A+ funding, led by SBK Tech Ventures. This funding is part of a larger $4 million…
Magnito Digital Celebrates 11 Years of Marketing Excellence
Magnito Digital Limited is thrilled to celebrate 11 years of marketing magic this month! Starting in 2013 with just 8 innovative minds and 8 clients at FR Tower, Dhaka, they’ve now…
ShopUp Reports Losses Amounting to Tk 1,277 Crore
ShopUp, a leading B2B commerce and smart courier startup, has reported accumulated losses surpassing Tk1,277 crore as of June 2023. This substantial financial strain comes as the company…
Q1’24 Sees Drop in Green Lending Amid Liquidity Crunch
Green financing in Bangladesh witnessed a setback in the first quarter of 2024, mirroring the challenges posed by a liquidity crisis gripping the banking sector. A report released by…
Arup Haider Appointed as New DMD of City Bank
City Bank has announced the appointment of Arup Haider as Deputy Managing Director (DMD), enhancing its top management team with his extensive experience and expertise. Arup Haider, who…
Women’s Agent Banking Accounts Near Parity with Men
Women in Bangladesh are increasingly embracing agent banking, with nearly equal participation to men, according to the latest data from Bangladesh Bank. As of March 2024, agent banking…
SCB invests on facilities of DU IBA
Standard Chartered Bangladesh (SCB) and the Institute of Business Administration (IBA) at the University of Dhaka celebrated the grand opening of two state-of-the-art facilities: a…
KSRM Launches Employee Pension Plan
KSRM, one of the country’s leading steel manufacturers, has introduced the national pension scheme for its officials and employees, making it the first industrial group in the nation to…
Amazon Seeks Central Bonded Warehouse in Bangladesh: State Minister
American e-commerce giant Amazon has expressed interest in setting up central bonded warehousefacilities in Bangladesh to capitalize on tax benefits, according to State Minister for…
Hyundai CEO: Firmly Committed to EVs Despite Sales Slump
Despite a recent slump in electric vehicle (EV) sales, Hyundai is doubling down on its commitment to EVs, reaffirming its investment in the sector. Randy Parker, CEO of Hyundai Motor…
