GP and Symphony Launch 4G Smartphone

BRAC Bank PLC has partnered with Pran-RFL Group to provide advanced cash management and supply chain financing solutions, enhancing financial operations and working capital optimization. The agreement was signed by Tareq Refat Ullah Khan, BRAC Bank's deputy managing director, and Uzma Chowdhury, Pran-RFL's finance director, at BRAC Bank's Gulshan office.

Al-Arafah Islami Bank PLC signed an agreement with BHT Industries Limited to provide Payroll Privilege Services (APPS) for the company’s employees. The ceremony was attended by key figures including Farman R Chowdhury, Managing Director and CEO of Al-Arafah Islami Bank, and Md Mustafizur Rahman, Chairman and Managing Director of BHT Industries.

HSBC Bangladesh and DBL Lifestyles Ltd have partnered to enhance digital payment services through HSBC’s Omni Collect solution. The collaboration enables seamless cashless payments for DBL customers by scanning QR codes at checkout.

Prime Bank PLC has partnered with Footstep Bangladesh to enhance access to clean water and renewable energy under its corporate social responsibility (CSR) initiatives. The agreement includes installing water filtration systems in eight public schools in Chattogram and solar panels in 100 fishermen’s households in Cox's Bazar.

Meghna Bank PLC has been appointed as the mandated account bank for startups participating in the FinTiger Startup Studio, a leading accelerator programme by FinTiger Advisory. This partnership, announced on 30 November 2024, underscores the bank’s role in fostering Bangladesh's startup ecosystem by providing tailored financial services.

Bangladesh’s mobile subscriber base dropped by over 52 lakh between July and September 2024, following a 50% hike in value-added tax (VAT) on SIM cards in this fiscal year's budget, raising the tax from Tk 200 to Tk 300. Mobile operators cited this as the primary reason for the largest single-quarter decline in recent years, with 36 lakh subscribers lost in July and August and 16.3 lakh in September.