Pran takes part in SIAL fair in Paris to boost exports

Pran, a leading food processor in Bangladesh, is participating in the SIAL Paris to boost its exports to Europe and North America..The five-day fair of food processors began at the Nord Villepinte Exhibition Centre in Paris on October 19..This year, about 7,500 exhibitors from 130 co
20 October 2024, 17:30 PM

Prime Bank signs deal with MetLife for employee insurance

Prime Bank PLC recently signed an agreement with MetLife Bangladesh to offer its employees and their dependents comprehensive life and medical insurance coverage..Hassan O Rashid, managing director and CEO of the bank, and Ala Ahmad, chief executive officer of the life insurer, penned the
20 October 2024, 16:01 PM

GPH Ispat to raise Tk 241.9cr for new furnace

GPH Ispat Limited will raise Tk 241.9 crore from the capital market by issuing the rights share of the company to install a new furnace at the company’s expanded plant..The company unanimously passed a resolution in this regard. As per the resolution, the company will issue 1 right share f
20 October 2024, 15:01 PM

IDLC Finance’s net profit grew by over 25% in Jan-Sept

IDLC Finance PLC reported a consolidated net profit after tax of Tk 125.4 crore for the first three quarters of 2024, reflecting significant growth of 25.30 percent compared to the same period last year..Earnings per share also witnessed a notable increase of 25.30 percent, reaching Tk 3.0
20 October 2024, 15:01 PM

146 creative campaigns honoured with COMMWARD

The 13th Communication Summit, which brings together leading professionals from the creative communication industry, business leaders and brands to explore the future of creative marketing, was held the Le Méridien Dhaka in the capital yesterday..Organised by Bangladesh Brand Forum (BBF) i
19 October 2024, 18:00 PM

ACI Motors enthrals Ctg Motor Fest with Yamaha super bikes

ACI Motors Limited showcased their spectacular arrangement with a raft of events at the “7th Chattogram Motor Fest 2024” at GEC Convention Hall in the port city, according to a press release..The events were divided into bike display and touch and feel experience activities..Of the e
19 October 2024, 14:46 PM

Reform from ground up needed for media to speak for nation

Say speakers; Bangladesh-Next hosts media reform discussion
12 October 2024, 16:46 PM

Neamul Mohsin to become CIO of investment office for Oxford University 

Neamul Mohsin, the current deputy chief investment officer (CIO), will be the Chief Investment Officer (CIO) of OU Endowment Management (OUem), the investment office for the University of Oxford and several of its colleges, from January 1, 2025
12 October 2024, 09:46 AM

Walton launches digital campaign with 'double million' offer

The country's electronics giant Walton has launched “Digital Campaign Season-21” across the country from October 10 to December 31..The campaign features a double million offer under which customers can win Tk 20 lakh on purchase of Walton fridge, television, washing machine or BLDC (brush
10 October 2024, 13:29 PM

Concord Entertainment signs partnership deal with US-Bangla Airlines

Entertainment Industry giant Concord Entertainment Co Ltd, Bangladesh and leading airline service provider US-Bangla Airlines recently signed a yearlong strategic cooperation agreement to further enhance tourists’ experience in the parks and properties..Anup Kumar Sarker, chief marketing o
9 October 2024, 14:15 PM

realme 12 launched, setting a new benchmark for speed & affordability

Smartphone brand “realme” recently unveiled its latest handset, named “realme 12”, in the Bangladesh market..Featuring supervooc fast charging, fluid performance and photographic prowess, the new device sets standards in the mid-range segment with its ‘Born for Speed’ philosophy, said a pr
9 October 2024, 14:05 PM

MetLife signs deal with IDLC Asset Management

MetLife Bangladesh recently signed an agreement with IDLC Asset Management Limited, a subsidiary of IDLC Finance PLC..Ala Uddin, deputy managing director and chief financial officer of the life insurer, and Kazi Mashook ul Haq, managing director of IDLC Asset Management Ltd, penned the dea
9 October 2024, 11:54 AM

Mastercard holds tech conference

Mastercard recently organised “Mastercard Tech Conference Q4, 2024” at a hotel in the capital with the participation of officials from various banks and non-bank financial institutions..Zakia Sultana and Sohail Alim, directors at Mastercard Bangladesh, inaugurated the session, Mastercard s
8 October 2024, 14:35 PM

H&M, Bangladeshi Chorka team up to pilot sustainable textile production 

The initiative involves European Plan Zero members Revozona AG, Imogo AB, and Pluvia, whose technologies will be assessed together for the first time under one roof, according to a statement from H&M
8 October 2024, 10:19 AM

ShareTrip wins ‘Leading Online Travel Agency’ award

ShareTrip, a travel and lifestyle platform in Bangladesh, was honoured “Leading Online Travel Agency” for the company’s commitment to innovation and excellence in the travel industry at the Travel, Tourism, and Hospitality Awards 2024..Jointly organised by Prime Bank and The Bangladesh Mon
7 October 2024, 16:04 PM

Tourism experts, businesspeople present roadmap for recovery

Experts and businesspeople of the tourism industry in Bangladesh have prepared a roadmap for the sector’s recovery and urged the government for a comprehensive crisis management plan to this end..They put forward their plan during a seminar, styled “Roadmap for Tourism Recovery: Present Ba
7 October 2024, 15:55 PM

Hasan Tarek made CEO of Eastern Insurance Company

Hasan Tarek has joined Eastern Insurance Company Ltd as its chief executive officer effective from October 1 this year..ASM Waheeduzzaman, chairman of the insurer, greeted Tarek with a bouquet, the insurer said in a press release..Waheeduzzaman conveyed their heartiest congratulation
7 October 2024, 15:45 PM

Bangladesh represented at 2024 Smart City Expo World Congress in Hangzhou

The expo highlighted China’s leadership in smart cities, particularly through data-driven governance and AI. Bangladesh could replicate successful models like Shenzhen’s, where smart technologies optimise public services and enhance governance
7 October 2024, 05:24 AM

Redesigning IEPMP an urgent need

The Integrated Energy and Power Master Plan (IEPMP) should be revisited to design a clear pathway for improving the Power Development Board’s (PDB) financial strength and Bangladesh’s energy security, according to an article in Energy Outlook, a quarterly publication by the South Asian Network o
5 October 2024, 15:59 PM

41 firms recognised for good governance practices

The Institute of Chartered Secretaries of Bangladesh (ICSB) today awarded 41 local companies for their outstanding corporate governance practices, particularly in regard to ensuring transparency and accountability in overall management.
5 October 2024, 15:35 PM