Corporate

Telenor, a Norwegian telecoms company, announced on Thursday that it had sold its Myanmar business to M1 Group, a Lebanese investment firm, for $105 million, declaring its exit from a country that had descended into instability...

Japan Tobacco International came to Bangladesh with the largest investment in the country’s history, but it failed to succeed due to British American Tobacco’s domination and anti-competitive tactics, according to company representatives. They’ve also pointed the...

The Walt Disney Company, once stopped its sourcing from Bangladesh in 2013 amid the fire and building collapse disasters, has considered including the country in its Permitted Sourcing Country list with ILS (International Labor Standard) audits....

A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said on Thursday, but some EU states refused to sign up. The Organization...

Bangladeshi Digital Financial Service Nagad, the mobile financial service wing of the Bangladesh Post Office, will disburse the government’s financial aid to 300 institutions under the Technical and Madrasah Education Division. Taka 5 crore allowance will...

Toshiba shareholders voted to oust the board’s chairman on Friday, in the latest twist for the company after scandals and losses and a rare victory for activist investors in corporate Japan. CEO Satoshi Tsunakawa said shareholders...

BRAC Bank has cancelled purchases through credit, debit and pre-paid cards from 10 e-commerce sites, including Evali and Alesha Mart. BRAC Bank has reportedly cancelled the deal due to negative media reports against these online marketplaces...

Technology has brought revolutionary changes in the world throughout the last couple of decades. The increasingly digital world is fusing with our material reality too fast, impacting every aspect of our lives, prominent industries, businesses across...

American multinational technology company and Search engine giant Google has taken up a business identification number (BIN) in Bangladesh to gain value-added tax (VAT)-related services including VAT payment and VAT return submissions in Bangladesh. The project...

Former United States President Donald Trump still has been banned from social media sites such as Facebook and Instagram, and Trump has threatened Facebook to pay a political price for this action, NBC News reported. His...