Business

Recently, Singer Bangladesh Limited signed a Memorandum of Understanding (MOU) with Risda Bangladesh under which Risda’s beneficiaries will be able to buy Singer products with easy installment facilities. Mr. MHM Fairoz, MD & CEO of SINGER Bangladesh and Mr. Md....

Brazilian aircraft manufacturer Embraer on Thursday signed an agreement for the sale of its commercial divison to Boeing — and set the date for a shareholders meeting to approve the tie-up on February 26. Despite initial...

British American Tobacco Bangladesh Company Limited (BATB), the largest tobacco manufacturers has filed a Money Suit for compensation of BDT 1000 crore against Samir Tobacco Private Limited for producing illegal cigarettes. Along with this another suit...

Unilever Bangladesh Limited and Fair Electronics Limited, authorized distributor of Samsung in Bangladesh, has recently signed a Memorandum of Understanding at the office of Fair Electronics Limited. This partnership is a joint promotion with Samsung Washing...

Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk. The bank blamed the closures on “changes in how customers are choosing to carry out their banking”. It said...

Electric carmaker Tesla has said it will cut its workforce by 7% after the “most challenging” year in its history. In an email to staff on the firm’s website, founder Elon Musk said that growth had...

Netflix Inc is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion....

The board of directors of MetLife, Inc. announced that Michel A. Khalaf, President, U.S. Business and EMEA, will become MetLife’s President and Chief Executive Officer on May 1, 2019. Khalaf also has been appointed to the...

4 International Tradeshows with participation of nearly 510 companies from more than 24 countries spread over 10 halls to showcase latest in Apparel Manufacturing Technology, Yarn and Fabrics and Garment Accessories & Packaging, Printing Technology &...

Marking the Dhaka International Trade Fair, Samsung Bangladesh announced exciting offers alongside ‘Wishful New year Campaign 2019’. These offers include free gifts like rice cooker, washing machine, microwave oven, vacuum cleaners and selected models of TV...