Bangladesh is finalizing deals with Vietnam and India to import a total of 330,000 tonnes of rice as it races to replenish reserves and cool domestic prices, two officials with direct knowledge of the matter said on Monday. Soaring prices of the staple grain…
The U.S. based cross-border and remittance payments processor is extending its remittance services to more customers in the Asia Pacific under a partnership with Tranglo. UniTeller has announced a partnership with Tranglo to further expand its services in 13…
Food and grocery delivery service Foodpanda has launched a Covid-19 vaccination awareness campaign across Asia in the lead-up to WHO’s World Immunisation Week. The campaign, which aims to reach more than 10 million people across Asia, will include a series of…
DHL Express, the world’s leading international express service provider, has been named the Best Workplace in Asia for 2019 by Great Place to Work (GPTW), the global people analytics and consulting firm are known for its annual Best Workplaces list. “We are…
Bangladesh garment factories must continue to invest in making their operations more sustainable if they hope to win business over other major competing sourcing countries such as Vietnam, Cambodia and Indonesia, says data and analytics company GlobalData. In…
US coffee roaster Crimson Cup Coffee & Tea has opened its fourth international coffee shop in Dhaka, Bangladesh. The new Rangs Fortune Square venue joins Crimson Cup Coffee Houses in the Banani and Dhanmondi neighborhoods. “Dhanmondi is a huge residential…
Schenker (Asia Pacific) Pte Ltd, subsidiary of DB Schenker, the transport and logistics division of the Deutsche Bahn Group, has expanded its presence in the Indian subcontinent with the launch of a new entity in Bangladesh. With effect from 26th June 2019,…
The new Puma Bangladesh flagship just opened in Dhaka marks the sportswear brand’s largest yet in the country. The 2220sqft location showcasing the firm’s latest performance and sportstyle products is the brand’s first flagship in Dhaka, the largest…
Domino’s Pizza Bangladesh has opened its first store, in the capital city, Dhaka. The store features a new ‘pizza theatre’ design with in-house seating offering a front-row view of pizza-making. More stores are planned later this year. Domino’s Bangladesh is…
DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Fabian Rybka as Cluster Head for DHL Global Forwarding’s operations in Bangladesh and Sri Lanka, along with partner operations in Bhutan, Nepal and…
To meet an ever-increasing demand for an engaging retail environment, Tablez India announces the partnership with Build-A-Bear, a global experiential retailer. U.S.-based, customized stuffed-animal retail-entertainment brand Build-A-Bear aims to reach as many…
Bangladesh is battling to keep its position as the world’s second-largest exporter of clothing after China, as it faces intensifying competition from Cambodia, Vietnam, Myanmar and now African countries like Ethiopia as global brands search for cheap labor.…
Fashion giants H&M and Gap vowed on Tuesday (05/06) to investigate reports that Asian garment workers who supply their high-street stores routinely face sex abuse, harassment and violence. Based on interviews with some 550 workers in 53 H&M and Gap supplier…
The leading mobile financial services provider of Bangladesh, bKash Limited (“bKash”) and Ant Financial Services Group (“Ant Financial”), operator of Alipay, today announced a strategic partnership to promote financial inclusion for the unbanked and…
Hackers who tried to steal nearly US$2 million from India’s City Union Bank this month used tactics similar to those employed in the unsolved cyber heist of US$81 million from Bangladesh’s central bank in 2016, City’s CEO said on Monday (Feb 19). The unknown…
Bangladesh signed an agreement with Indonesia on Sunday (29/01) to open talks on imports of liquefied natural gas, as the South Asian country turns to the supercooled fuel to fill a shortfall of domestic natural gas. A letter of intent was signed between two…