Business Report : Adviser for the Ministry of Power, Energy and Mineral Resources Muhammad Fouzul Kabir Khan on Sunday sought...
Business Report : Sri Lanka’s economic growth slowed, government data showed Sunday, days ahead of the first presidential elections since an unprecedented financial meltdown in 2022.The economy grew at 4.7% year-on-year in the second quarter of this year, compared to an expansion of 5.3% in the previous quarter.However, the April-to-June period performed better than the 3% contraction during the same period last year.Heavy rain in the second quarter of the year adversely affected agriculture, the government’s statistics office said.The latest...
Business Report : Ride-hailing firm Pathao yesterday announced that it had raised $12 million to ramp up its fintech offerings in a much-needed boost for Bangladesh’s start-up ecosystem, which has been grappling with shrinking funding in recent times.In the first half of 2024, local start-ups raised $19 million across 22 deals, a 57 percent decline year-on-year, according to Lightcastle Partners, which tracks start-up funding.The latest funding round takes the total capital raised by Pathao to over $50 million, the most...
UNB, Dhaka : Bangladesh Bank (BB) has received the “Global Youth Financial Inclusion Award-2024” for playing a role in increasing...
UNB, Dhaka : Bangladesh Bank (BB) has received the “Global Youth Financial Inclusion Award-2024” for playing a role in increasing...
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Business Report : The country’s leading AC brand Walton has launched the world’s most environment-friendly new models of ecOzone series...
Reuters, New Delhi : Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers, prioritising certain listings, and steeply discounting products, hurting other companies, Reuters reported this week.The CCI’s 1,027-page report...
Business Report : Grameenphone (GP), in collaboration with Symphony, has launched the latest GP Co-Branded 4G smartphone, Symphony Atom5.This affordable...
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Staff Reporter : The leaders of the Bangladesh Association of International Recruiting Agencies (Baira) have urged the authorities concerned to dismantle the syndicates within the country’s manpower dispatching sector, and take action against them.The sector leaders also said that no punitive action yet taken against syndication who are involved in irregularities. Addressing at a press conference organised by a section of the association at the Sagar-Runi Auditorium of Dhaka Reporters’ Unity (DRU) on Saturday, they said in a bid to...
Business Desk : Eastern Bank PLC. (EBL) signs a Payroll Banking Agreement with Youth Group, one of the biggest conglomerates...