Sony on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed amount as part of a push by the Japanese firm beyond console gaming.

Islami Bank Bangladesh Ltd won the top performing banking award in sustainability rating by the Bangladesh Institute of Bank Management (BIBM) on Sunday.

Md Murshedul Kabir has joined Agrani Bank Ltd in the post of managing director (MD) and chief executive officer on Sunday.

The government wants to amend the labour law as soon as possible to comply with European Union labour standards in a bid to obtain the GSP Plus status in the key export market, said the commerce secretary yesterday.  

Romo Rouf Chowdhury has been elected chairman of Bank Asia Ltd in the 479th meeting of the Board of Directors of the bank on Thursday. 

Uttara Motors Ltd, sole distributor of Suzuki vehicles in Bangladesh, recently launched the new Suzuki XL6, a premium sports utility vehicle, at its Uttara Centre in Tejgaon, Dhaka.

IFIC Bank has decided to issue a Tk 500-crore non-convertible coupon bearing subordinated bond. 

Mohammad Jahangir has joined Rupali Bank in the post of managing director and chief executive officer yesterday.

Md Afzal Karim joined Sonali Bank Limited in the post of chief executive officer and managing director yesterday.

Experts yesterday urged banks to increase loan disbursements for cottage, micro, small and medium enterprises and the agriculture sector as a majority of the lenders were currently showcasing a reluctance to do so. 

RFL Group yesterday launched three new kitchen sink models, made of stainless steel and designed to cut use-generated noise, priced between Tk 1,400 and Tk 4,200. 

Transcom Electronics Limited (TEL), a leading retailer and distributor, has launched a new branded television in Bangladesh in partnership with Chinese electronics company TCL.

Daraz intends to invest Tk 1,000 crore in Bangladesh in the next 3-4 years to ramp up its operation by building infrastructure and ecosystem, the Alibaba Group-backed e-commerce venture said yesterday.

Berger Paints Bangladesh recently won the “Asia’s Best Employer Brand 2022” award of the World HRD Congress at Pan Pacific, Marina Square in Singapore.

Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from the typical six to nine months for previous launches, Bloomberg News reported on Tuesday.

Bangladesh General Insurance Company has re-appointed its managing director (MD) for another three-year term for the fourth consecutive time.

Opec stands ready to cut output to correct a recent oil price decline driven by poor futures market liquidity and macro-economic fears, which has ignored extremely tight physical crude supply, Opec’s leader Saudi Arabia said on Monday.

Trendy Textiles Ltd, a local company,  will invest $38.99 million to establish a knit composite textile factory in the Dhaka Export Processing Zone (EPZ).

Shepherd Industries Ltd is going to amalgamate with its sister concern Shepherd Textile BD Ltd (STBL). 

Online grocery platform Chaldal has raised Tk 5 crore in funding from Startup Bangladesh, the first government-backed and flagship venture capital fund.