Business Monitor

BUSINESSMONITOR

Single Platform for All kinds Of Business & Economy News in Bangladesh
Business Monitor

BUSINESSMONITOR

Single Platform for All kinds Of Business & Economy News in Bangladesh

A new kind of inclusive insight for a new world of business

Track Your Competitor's Move

Business Monitor allows you to monitor your competitors' activities, strategies, and market positions.

Stay Ahead of Your Competitors

Gain a competitive advantage by tracking your competitors' activities, strategies, and market positions.

Actionable Insights

Identify potential risks and opportunities, adjust their strategy based on changing market conditions

Latest News and Updates

Get access to the latest economic updates and make informed decisions based on real-time insights.

Track Your Competitor's Move

Business Monitor allows you to monitor your competitors' activities, strategies, and market positions.

Stay Ahead of Your Competitors

Gain a competitive advantage by tracking your competitors' activities, strategies, and market positions.

Actionable Insights

identify potential risks and opportunities, adjust their strategy based on changing market conditions

Latest News and Updates

Get access to the latest economic updates and make informed decisions based on real-time insights.

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Industry Monitor

Get the latest news and insights and across 50+ industries of Bangladesh with Industry Monitor

Latest Industry News

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Chevron Launches Tree Plantation Program
October 6, 2024
Industry : Energy & Power

Chevron Bangladesh, in collaboration with the environmental organization Green Savers, launched a tree plantation program near its Bibiyana Gas Plant in Habiganj as part of a nationwide initiative aimed at protecting biodiversity. Over five years, the program plans to plant more than 4,000 high-quality seedlings, including flowers, fruit trees, wood trees, and medicinal plants, with an emphasis on indigenous species.

IMF Calls for Immediate Measures on Bangladesh's NPLs
October 6, 2024
Industry : Bank

The International Monetary Fund (IMF) has called for immediate action to accurately estimate and reduce Bangladesh's non-performing loans (NPLs), which threaten the country's financial stability. Chris Papageorgiou, IMF Mission Chief for Bangladesh, emphasized that NPLs—unpaid loans—restrict the availability of funds for new lending, posing significant risks to the financial system.

Walton Introduces New Solar Hybrid IPS
October 6, 2024
Industry : Electronics

Walton Digi-Tech Industries Limited, a subsidiary of the Walton Group, has introduced the ‘arc’ Solar Hybrid IPS, which provides an environmentally friendly, renewable, and affordable power supply. This system harnesses both solar energy and the national grid through a smart inverter, ensuring uninterrupted power backup while reducing electricity costs by up to 20%.The ‘arc’ Solar Hybrid IPS is available in five models ranging from 1,200 watts to 5,500 watts, as well as inverter and battery packages.

Ex-Chairman Under Investigation for Missing Gold at Samabaya Bank
October 6, 2024
Industry : Bank

Former Samabaya Bank chairman Mohiuddin Ahmed is implicated in the disappearance of over 13,000 bhori of gold that borrowers deposited as collateral with the state-run bank. A case filed by the Anti-Corruption Commission (ACC) indicates that 5,803 bhori were deposited by Narayanganj Cooperative Credit Limited and 7,398 bhori by 2,316 individual borrowers.

Company Monitor

Get actionable insights about your competitor from 500+ companies news & updates with Company Monitor

Latest Company News

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Chevron Launches Tree Plantation Program
October 6, 2024
Company: Chevron

Chevron Bangladesh, in collaboration with the environmental organization Green Savers, launched a tree plantation program near its Bibiyana Gas Plant in Habiganj as part of a nationwide initiative aimed at protecting biodiversity. Over five years, the program plans to plant more than 4,000 high-quality seedlings, including flowers, fruit trees, wood trees, and medicinal plants, with an emphasis on indigenous species.

Walton Introduces New Solar Hybrid IPS
October 6, 2024
Company: Walton Group

Walton Digi-Tech Industries Limited, a subsidiary of the Walton Group, has introduced the ‘arc’ Solar Hybrid IPS, which provides an environmentally friendly, renewable, and affordable power supply. This system harnesses both solar energy and the national grid through a smart inverter, ensuring uninterrupted power backup while reducing electricity costs by up to 20%.The ‘arc’ Solar Hybrid IPS is available in five models ranging from 1,200 watts to 5,500 watts, as well as inverter and battery packages.

Ex-Chairman Under Investigation for Missing Gold at Samabaya Bank
October 6, 2024

Former Samabaya Bank chairman Mohiuddin Ahmed is implicated in the disappearance of over 13,000 bhori of gold that borrowers deposited as collateral with the state-run bank. A case filed by the Anti-Corruption Commission (ACC) indicates that 5,803 bhori were deposited by Narayanganj Cooperative Credit Limited and 7,398 bhori by 2,316 individual borrowers.

Union Bank Under Scrutiny for Suspicious Pre-Election Transactions
October 6, 2024

Before the last parliamentary elections, an account named Mostak Traders was opened at Union Bank's Banani branch on November 15, 2022, with an initial deposit of approximately 255.7 million taka through 17 transactions. By January 9, 2024, cash withdrawals from this account totaled around 720 million taka, primarily from the Gulshan branch, before the account was closed on August 20. Notably, a loan of 550 million taka was issued to Mostak Traders, which has since defaulted. Information related to the account has been deleted from the bank's online database.

Company Monitor

Get actionable insights about your competitor from 500+ companies news & updates with Company Monitor

Economic Monitor

Stay informed about the latest news and updates on Bangladesh’s economy with our Economic Monitor

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