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

DBH Finance opens 16th branch in Barishal

DBH Finance PLC recently launched a branch at the Khan Faiz Shotaiyu Bhaban on Shahid Nazrul Islam Sarak in Barishal city, aiming to offer home loans and deposit services to the people living in the city and its adjacent areas..This is the 16th branch of the non-bank financial institution
5 October 2024, 14:40 PM

Alliance Finance holds board meeting

Alliance Finance PLC recently organised its sixth board meeting at the company’s head office in Gulshan, Dhaka..Jowher Rizvi, chairman of the non-bank financial institution, presided over the meeting, the company said in a press release..Members of the board joined the meeting from S
3 October 2024, 15:55 PM

Mominul Islam made DSE chairman

Mominul Islam was elected as chairman of the Dhaka Stock Exchange (DSE) PLC at its board meeting yesterday..Islam has 25 years of experience in renowned global and local banks and financial institutions, with an outstanding track record in leadership, strategic and technical roles..H
3 October 2024, 15:53 PM

LankaBangla Finance, STS Capital launch co-branded credit card

LankaBangla Finance PLC and STS Capital Ltd, a subsidiary of STS Group, in partnership with Mastercard, recently launched a co-branded credit card, offering exclusive benefits for STS Group’s employees, teachers and guardians under the STS education umbrella..The umbrella covers Universal
3 October 2024, 15:23 PM

Walton launches solar hybrid IPS

Walton Digi-Tech Industries Limited, a sister concern of Walton Group, recently launched solar hybrid Instant Power Supply (IPS) units, which are environment friendly, renewable and affordable as well..The price caps of these IPS units start from a minimum of Tk 79,500 and maximum Tk 465,0
3 October 2024, 15:19 PM

ICB celebrates 48th founding anniversary

The Investment Corporation of Bangladesh (ICB) celebrated its 48th founding anniversary on Tuesday with the theme of “ICB helps in time of crisis in the capital market”..The bank chalked out different programmes, including discussion, cake-cutting ceremony, doa and milad mahfil, to mark th
2 October 2024, 15:48 PM

MetLife, BRAC Bank sign insurance deal for bank employee

BRAC Bank recently signed an agreement with MetLife Bangladesh to offer its employees and dependents comprehensive life and medical insurance coverage..More than 22,000 coworkers and dependents of the bank will be protected against medical expenses, accidents, disabilities, and loss of lif
2 October 2024, 15:13 PM

Union Capital holds 26th AGM

Union Capital Limited recently organised its 26th annual general meeting at the Gulshan Shooting Club in Gulshan, Dhaka..Munshi Shafiul Haque, chairman and independent director of the non-bank financial institution (NBFI), presided over the meeting, according to a press release..Waqa
1 October 2024, 15:33 PM

Singer launches campaign featuring Turkish star Burak Özçivit

Singer Bangladesh Ltd, a subsidiary of Arçelik, a flagship company of Türkiye’s Koç Group, recently launched a campaign, titled “Singer Bangladesh Transformation Journey”, highlighting the brand’s commitment to growth and excellence through implementing three key pillars of business transformati
1 October 2024, 15:17 PM

National Finance elects Ridwan, Rozina directors at 22nd AGM

Ridwan Mannan and Rozina Yasmin Kabir have been elected directors of National Finance Limited..The election was held during its 22nd annual general meeting (AGM) at a hotel in the capital yesterday..Asif Zahir, chairman of the non-bank financial institution (NBFI), presided over the
30 September 2024, 15:14 PM

Half of BBS users not satisfied with data frequency

Nearly half of the users of official statistics produced by the Bangladesh Bureau of Statistics (BBS) are not satisfied with the frequency at which the state-run statistical agency releases new data, according to a recent survey..In particular, around 47 percent of the users expressed thei
29 September 2024, 18:30 PM

ACI Motors launches Yamaha FZS version 4.0

ACI Motors Limited, a technical collaboration partner of Yamaha, recently launched a new bike model, the Yamaha FZS version 4.0, in the Bangladesh market at a price of Tk 299,500..Initially, the bike will be available in six colours and can be purchased with attractive discounts through on
29 September 2024, 15:01 PM

National Housing Finance declares 10% cash dividend

National Housing Finance PLC recently announced a 10 percent cash dividend for the year ended on December 31, 2023..The announcement came at the non-bank financial institution’s 25th annual general meeting (AGM), which was held virtually, according to a press release..Mahbubur Rahman
28 September 2024, 14:08 PM

AkijBashir Group’s Rosa awarded ‘Best Sanitaryware Manufacturer in Asia’

Rosa, a sanitaryware and bathware brand of AkijBashir Group, has recently been awarded “Best Sanitaryware Manufacturer in Asia” for its outstanding technological investments in its sanitaryware manufacturing unit at the TecnAwards 2024..The award ceremony, organised by the Italian Exhibiti
26 September 2024, 15:05 PM

Akij Ceramics launches big tiles

Akij Ceramics has launched a range of tiles sized 100x100 centimetres considering the huge demand for such products in Bangladesh..The tiles feature a high gloss finish that enhances the spaciousness of interiors, providing a seamless and luxurious look..They are designed to elevate
24 September 2024, 18:09 PM

Good Neighbors Bangladesh Provides Emergency Relief and Rehabilitation Assistance to 17,565 Flood-Affected Families in 2024

Good Neighbors Bangladesh (GNB) has allocated 6 Crore 75 Lac Taka to support flood-affected families in Feni, Lakshmipur, Noakhali, Kurigram, Moulvibazar, and Cox’s Bazar districts through emergency relief activities.
23 September 2024, 18:00 PM

United Lube Oil, Delta Life team up for better motorcycle safety

United Lube Oil Limited, a distributor of Petronas Lubricants in Bangladesh and a subsidiary of United Group, recently signed a memorandum of understanding (MoU) with Delta Life Insurance Company Limited..Wayez Mahmud, director of the oil and energy company, and Uttam Kumar Sadhu, chief ex
23 September 2024, 14:50 PM

British-Irish company Deltaport to invest $36 million in BEPZA EZ

British-Irish company Deltaport Ltd will invest $36 million to set up a garments factory in the BEPZA EZ at Mirsarai in Chattogram.
23 September 2024, 06:36 AM

Mastercard announces winners of its 'Spend and Win campaign'

Mastercard recently announced the winners of its ‘Spend and Win Campaign’ during an award ceremony at the Sheraton Dhaka in the capital’s Banani..The campaign, titled ‘Stunning Sydney 2024’, was live from May 21 to June 30, and offered exciting rewards on spends on Mastercard credit, debit
22 September 2024, 14:24 PM