Guardian Life Insurance Limited has settled insurance claims amounting to approximately Tk 129 crore during the first quarter (Q1) of 2025..According to a press release, of the total settlement, death insurance claims accounted for Tk 77 crore, health-related claims totalled Tk 39 crore, w

Prime Bank Investment Limited (PBIL) has entered into a memorandum of understanding (MoU) with EDGE Research & Consulting Limited (EDGE), an investment research and advisory firm, to deliver comprehensive investment banking services to a broad spectrum of institutional clients..The agreeme

Shanta Holdings recently organised an event titled “Meet the Owners” at Shwapnoneer, the real estate company’s inaugural project in Bashundhara..The event offered clients their first post-handover glimpse into the elevated lifestyle that awaits within this luxurious and contemporary reside

Castrol, one of the world’s leading lubricant brands, has appointed Rock Energy Limited as its exclusive distributor for the automotive aftermarket in Bangladesh, aimed at expanding Castrol’s footprint and enhancing the accessibility of its products to consumers nationwide..This strategic

Mutual Trust Bank PLC (MTB) has recently achieved a significant milestone, amassing over Tk 100 crore through fixed deposit (FD) and deposit pension scheme (DPS) accounts via its digital banking platform, MTB Neo..As of March 2025, MTB Neo reported a staggering 668,000+ transactions, culmi

UCB Investment Limited (UCBIL) has been recognised in three categories at the FinanceAsia Awards 2025, securing accolades for Best DCM House, Best ECM House, and Best Investment Bank..This marks the third consecutive year that UCBIL has earned these distinctions, reaffirming its status as

MTB Capital Limited, a subsidiary of Mutual Trust Bank PLC, has appointed Sumit Podder as chief executive officer (current charge), according to a press release..Prior to assuming his new role, Podder served at Bangladesh Finance Capital Limited as managing director and CEO..Over the

Prime Bank PLC, in collaboration with Prime Bank Securities Limited, has unveiled a bank-broker integrated platform through its MyPrime app, marking a significant step towards transforming retail investing in Bangladesh..This innovative integration enables customers to manage both their ba

Pragati Life Insurance PLC recently organised the “Annual Conference 2024” at the Hotel Sea Palace Ltd in Kolatoli of Cox’s Bazar..Khalilur Rahman, chairman of the life insurance company, inaugurated the event as the chief guest, according to a press release..At the outset of the con

Prime Bank Investment Limited (PBIL) has recently signed a memorandum of understanding (MoU) with Zaytoon Business Solutions, a digital financial services provider, with the aim of enhancing access to capital market investments across rural communities in Bangladesh..Syed M Omar Tayub, man

IPDC Finance PLC has reported a net profit of Tk 36.3 crore for the year that ended on December 31, 2024, reflecting a year-on-year increase of 5.9 percent..The non-bank financial institution (NBFI) demonstrated resilient financial performance over the year, recording an operating profit o

Bangladesh Finance PLC has reported a consolidated net loss after tax of Tk 793.7 crore for the financial year 2024, a significant decline from Tk 104.2 crore in 2023..The loss primarily stems from a substantial provisioning effort, with the non-bank financial institution allocating Tk 784

Shanta Securities Limited has recently introduced a new application, titled “Shanta EasyX”, featuring a suite of tools poised to redefine the landscape of brokerage services in Bangladesh..According to a press release issued by the company, the innovative platform offers investors a seamle

Leaders of the Executive Committee of the Bangladesh Economic Zones Investors Association (BEZIA) recently met with Ashik Chowdhury, executive chairman of the Bangladesh Economic Zones Authority (BEZA), at the InterContinental Dhaka to discuss pressing challenges facing economic zones..Led

Leading mobile financial service provider bKash recently awarded prizes to 15 individuals who received the highest remittance amounts through Taptap Send, a widely used money transfer operator (MTO) among expatriates..A prize-giving ceremony was held at the bKash head office in Dhaka, wher

Bangladesh hosted the final round of its first-ever AI-driven art competition — the National AI Art-A-Thon — at the ICT Tower in Agargaon yesterday.. Designed to make artificial intelligence more reflective of the country's diverse culture and society, the event brought together creative m

The Ministry of Commerce, in collaboration with the World Bank, will organise the “Meet Bangladesh Exposition (MBX)”, an exhibition aimed at showcasing Bangladesh’s promising export sectors, including medical and personal protective equipment, leather and leather goods, footwear, plastics, and l

GPH Ispat Limited, the leading rebar manufacturer in Bangladesh, and the Public Works Department (PWD) jointly organised a seminar titled “Knowledge Sharing Seminar” at the latter’s office in Dhaka recently..Mohammad Shamim Akhtar, chief engineer of the PWD, attended the seminar as the chi

The disbursement process for scholarships and stipends under the Prime Minister’s Education Assistance Trust resumed on April 15, aiming to support underprivileged and meritorious students from grade six up to bachelor’s (pass) and equivalent levels..Following registration, relevant govern

CEMS-Global USA is set to organise the “Dhaka Auto Series of Exhibitions 2025”, the nation’s largest trade event dedicated to the entire automotive value chain, at the International Convention City Bashundhara (ICCB) in Dhaka, commencing on May 1..The three-day mega event will encompass fi