32 NRBs awarded

A total of 32 non-resident Bangladeshis (NRBs) have been recognised for their outstanding contributions in areas like education, healthcare, industry, financial services and agriculture after returning to the country..Commerce Adviser Sk Bashir Ahmed handed over the awards during an event,
26 December 2024, 18:09 PM

Visa unveils medical debit card with BRAC Bank

Global digital payment service provider Visa, in partnership with BRAC Bank PLC, has launched the country’s first medical debit card, enabling citizens to seamlessly utilise medical quotas in a dual-currency debit card..The launch ceremony was held at the bank’s head office in the capital’
26 December 2024, 14:49 PM

Mesbah Uddin appointed MD of IDLC Investments

Mesbah Uddin Ahmed has been appointed as the managing director of IDLC Investments Limited, effective immediately..Ahmed had been serving IDLC Finance PLC as a deputy managing director and head of retail business, concurrently since August 1 this year, the non-bank financial institution sa
26 December 2024, 14:48 PM

New lubricant 'Petronas Nexta' launched in Bangladesh

Petronas Lubricants International (PLI), in partnership with its authorised distributor in Bangladesh United Lube Oil Limited (ULOL), has launched a new type of lubricant called “Petronas Nexta” in local markets.
25 December 2024, 13:35 PM

Central Counterparty denies allegations of operational inefficiencies

Central Counterparty Bangladesh Limited (CCBL) has rejected concerns of the Dhaka Stock Exchange (DSE) over the lack of governance and transparency as well as operational inefficiencies at the clearing and settlement company..Instead, the CCBL alleged that its activities are being delayed
24 December 2024, 18:56 PM

CDBL announces 20% cash dividend

The Central Depository Bangladesh Limited (CDBL) has declared a 20 percent cash dividend for the year that ended on June 30, 2024..The declaration came at the company’s 24th annual general meeting (AGM), which was held virtually recently, said a press release..Azam J Chowdhury, a dir
24 December 2024, 15:19 PM

Unilever, Kewkradong cleanup campaign at St Martin's

Unilever Bangladesh Limited, in partnership with Kewkradong Bangladesh (KB), country coordinator of US-based non-profit Ocean Conservancy, conducted a coastal cleanup campaign at Saint Martin's Island recently..A total of 350 volunteers took part in the programme and removed 1,500 kilogram
24 December 2024, 15:18 PM

Walton, Safe host annual conferences for distributors

Walton Group in association with Safe, one of the largest electronic appliance brands in Bangladesh, recently organised two conferences, styled “Walton Electrical Appliance Annual Distributors Conference-2024” and “Safe Electrical Appliance Annual Distributors Conference-2024”..SM Shamsul
24 December 2024, 15:16 PM

Malaysia keen to invest more in Bangladesh, envoy says

Malaysia has a strong interest in increasing investments in Bangladesh, according to Mohd Shuhada Othman, the high commissioner of Malaysia to Bangladesh..He made this comment at the 23rd annual general meeting of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) at a hotel
24 December 2024, 15:14 PM

BAPLC organises 25th AGM

The Bangladesh Association of Publicly Listed Companies (BAPLC) organised its 25th annual general meeting (AGM) at Sheraton Dhaka in the capital’s Banani recently. .Rupali Haque Chowdhury, president of BAPLC, presided over the meeting, the association said in a press release..As exe
23 December 2024, 15:00 PM

Pran-RFL Group announces plans for improving sustainability

Pran-RFL Group, one of the largest conglomerates in Bangladesh, has announced plans to improve its operational sustainability by allocating all investments in line with the UN’s Sustainable Development Goals (SDGs)..This includes ensuring the full recycling of all plastics generated by the
22 December 2024, 18:00 PM

Bangladesh Lamps announces 10% dividends

Bangladesh Lamps Limited, an authorised manufacturer and distributor of Transtec lighting products, including smart LED bulbs, tube lights, and lighting accessories, declared 10 percent dividends, including a 5 percent cash dividend, for the year ending on June 30, 2024..The declaration ca
22 December 2024, 14:43 PM

ICB declares 2% dividend

The Investment Corporation of Bangladesh (ICB) announced 5 percent dividends, including a 2.5 percent cash dividend, for the year ending June 30, 2024..The announcement came at the corporation’s 48th annual general meeting (AGM), which was held virtually recently, according to a press rele
22 December 2024, 14:43 PM

Walton extends warranty for computer monitors up to 3yrs

Walton Digi-Tech Industries Limited, the leading tech giant in Bangladesh, has increased the warranty for its computer monitors..From now on, customers can enjoy up to three years of warranty benefits of up to 22-inch monitors of all models of Walton’s “CiNEd” and “CiNEXA” along with ACC b
21 December 2024, 13:16 PM

Tea Traders Association gets new office bearers

Shah Moinuddin Hasan, general manager of Ispahani Tea Limited, was re-elected as the president of the Tea Traders Association of Bangladesh (TTAB) for a two-year term (2024-2026)..Md Yusuf has been elected as the vice-president of the association, according to a press release..Golam
19 December 2024, 14:49 PM

Govt to form taskforce for semiconductor industry

A high-level taskforce will work with Bangladesh Investment Development Authority (Bida) to formulate a roadmap for the development of a semiconductor sector, focusing on testing, assembly and scaling up capabilities. .The decision was taken at a meeting titled “Semiconductors – A New Fro
18 December 2024, 16:25 PM

Mastercard honoured with 'Enabler of Excellence' award

Mastercard was recognised with the “Enabler of Excellence” award by Eastern Bank PLC (EBL) at the “EBL Digital Excellence Summit 2024”..This accolade celebrates Mastercard’s outstanding contribution to enabling digital financial solutions and fostering innovation in Bangladesh’s digital pa
18 December 2024, 16:02 PM

Crown Cement declares 21% cash dividend

Crown Cement PLC has announced a 21 percent cash dividend for the year that ended on June 30, 2024..The announcement came at the cement manufacturer’s 30th annual general meeting (AGM), which was held virtually recently, the company said in a press release..Mohammed Jahangir Alam, ch
18 December 2024, 16:01 PM

IndiGo CarGo, Renaissance Aviation hold grand customer event

IndiGo CarGo, one of the fastest-growing air cargo services in the region, today hosted its grand customer event at a city hotel to celebrate the milestones achieved through partnerships and recognise the outstanding contributions of its top-performing agents
17 December 2024, 16:19 PM

IBFB gets new office bearers

Lutfunnisa Saudia Khan, chairman of Bangla Phone Limited, was elected the president of the International Business Forum of Bangladesh (IBFB) yesterday..Saudia Khan is also the chairman of Commlink Info Tech Limited and Newton Engineering Limited, said a press release..Syed Mustafizur
17 December 2024, 16:06 PM