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Month: November 2024

BRAC Bank clinches four Mastercard awards

BRAC Bank clinches four Mastercard awards

Breaking News, Business
BRAC Bank has received four prestigious awards from Mastercard this year for its outstanding business and innovation in various card issuing and acquiring segments. BRAC Bank has won the awards in Credit Business (Domestic), Credit Business (International); Contactless Issuing and Contactless POS Acquiring at the Mastercard Excellence Awards 2024 - Leading by Resilience at a hotel in Dhaka on November 16, 2024. Ahsan H. Mansur, Governor of Bangladesh Bank, was the chief guest. Selim R. F. Hussain, Managing Director & CEO, Md. Mahiul Islam, Deputy Managing Director & Head of Retail Banking, BRAC Bank, and Syed Mohammad Kamal, Country Manager, Mastercard Bangladesh, were also present. The event drew the participation of senior Management from banks, fintech, merchants, and vari...
UPGDCL Wins Gold Award at ICMAB Best Corporate Award 2023

UPGDCL Wins Gold Award at ICMAB Best Corporate Award 2023

Breaking News, Business
United Power Generation and Distribution Company Limited (UPGDCL) has been awarded the Gold Award in the Power Generation category at the ICMAB Best Corporate Award 2023, organized by the Institute of Cost & Management Accountants of Bangladesh (ICMAB). This recognition underscores the organization’s commitment to transparency, accountability, and excellence in corporate governance. The award, based on the evaluation of UPGDCL’s 2023 Annual Report, was presented at a ceremony on November 14, 2024, at Pan Pacific Sonargaon Hotel, Dhaka. The event, attended by distinguished dignitaries, highlighted companies making significant contributions to the national economy through exemplary practices.
10th Leathertech Bangladesh 2024 Starts on 21 November

10th Leathertech Bangladesh 2024 Starts on 21 November

Breaking News, Business
10th International Technology Tradeshow Leathertech Bangladesh 2024 on leather, footwear machinery, shoe materials, chemical & accessories for footwear & leathergoods Sector is scheduled to be held on 21 - 23 NOVEMBER 2024 at Expo Zone at International Convention City, Bashundhara (ICCB), Dhaka. Nearly 200 exhibitors from 10 countries are scheduled to participate in the 10th edition Over the years it has become the most preferred platform to penetrate and explore the Bangladesh Leather, Footwear and Travel goods sector. Bangladesh Leather and Leather Products sector is growing and expanding. Manufacturers want to have updated technology and solutions which address quality, efficiency, and environmental concerns. New players who are planning to enter the sector always wait for LE...
Xiaomi Redmi 13C Ranks among Top Selling Smartphones Globally

Xiaomi Redmi 13C Ranks among Top Selling Smartphones Globally

Breaking News, Technology
The Xiaomi Redmi 13C has secured its position among the top 10 best-selling smartphones worldwide in the third quarter of 2024, according to recent research by the market research firm Counterpoint. This achievement highlights Xiaomi’s widespread acceptance and popularity among fans globally. Achieving the ninth spot in a list dominated by flagship models, the Xiaomi Redmi 13C showcases Xiaomi’s unique value proposition in the smartphone market. With its top-notch features and exceptional value, the smartphone has successfully captivated a wide range of customers. Following the success of the Xiaomi Redmi 13C, Xiaomi recently launched the Xiaomi Redmi 14C, which has received positive feedback. The Redmi 14C features a 6.88-inch display with a 120Hz refresh rate for smooth scrolling a...
BASIS Signs MoU with Mutual Trust Bank

BASIS Signs MoU with Mutual Trust Bank

Breaking News, Business
BASIS signed a Memorandum of Understanding (MoU) with Mutual Trust Bank PLC on November 17, 2024, at their Head Office in Gulshan to introduce exclusive collateral-free loan facilities for BASIS members. This partnership empowers members with easy access to vital financial resources, accelerating their entrepreneurial journeys and fostering growth in the ICT sector. The MoU offers simplified financing solutions, removing the need for collateral, while promoting innovation, long-term business growth, and economic contributions from BASIS members. This collaboration introduces exclusive, collateral-free loan options, granting members seamless access to crucial financial resources. As a result, it accelerates their entrepreneurial endeavors and encourages development within the ICT sector....
Energy Transitions and Adequate Climate Financing are Key to Bangladesh’s Prosperity: Environment Advisor Syeda Rizwana Hasan

Energy Transitions and Adequate Climate Financing are Key to Bangladesh’s Prosperity: Environment Advisor Syeda Rizwana Hasan

Breaking News, National
Syeda Rizwana Hasan, Advisor to the Ministry of Environment, Forest and Climate Change, emphasized the critical importance of energy transitions and climate financing for Bangladesh’s sustainable development. Speaking as the Chief Guest at the session titled "Pathways to tiripling Renewables in South Asia" during the World Climate Conference (COP-29) in Baku, Azerbaijan, she stated, The government is revising its energy policies to transition from fossil fuel-based energy to renewables. High import tariffs are being reconsidered, and foreign investments in solar energy are being encouraged. With air pollution largely driven by power plants, now is the ideal time for Bangladesh to invest in renewable energy. She highlighted that rooftop solar installations could meet up to 40% of the nat...
BRAC Bank branches achieve Tk 10,000 crore deposit growth in 10 months

BRAC Bank branches achieve Tk 10,000 crore deposit growth in 10 months

Breaking News, Business
BRAC Bank's Branch Network has achieved a tremendous feat by making a net deposit growth of Tk 10,000 crore taka within the first 10 months of 2024, from January to October. This impressive growth comes despite a challenging economic environment, showcasing the bank’s strong market presence and customer trust. To celebrate this achievement, a special "10 on 10" event was held on November 17, 2024, at the BRAC Bank Head Office in Dhaka. The event was graced by Selim R. F. Hussain, Managing Director & CEO, and Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network, and other Senior Management Members of the Bank. The event was also attended by A. K. M. Tareq, Senior Zonal Head for North, and Taher Hasan Al Mamun, Senior Zonal Head for South, al...
Winterize your air conditioner for cold days

Winterize your air conditioner for cold days

Breaking News, Feature
The temperature has been getting cooler, and people in the parts of the country have started witnessing a mist-shrouded atmosphere. Soon, we will embrace the refreshing chill. While winter is yet to be in full swing here, the dip in the temperature is enough to bring a few changes to our daily routines, like not using the air conditioner (AC) for a while. Before letting the AC sit idle for a period, we must remember to winterize it to ensure extending its lifespan and save costly repairs. Neglecting maintenance of the AC might lead to a few drawbacks, such as corrosion, dust buildup, and inefficient performance. Winterizing is a process that will protect the AC from weather-related wear, decrease mold or rust development, and keep it free from dirt and dust. In Bangladesh, winter might ...
Robi wins Silver at the 14th ICMAB Best Corporate Award Competition

Robi wins Silver at the 14th ICMAB Best Corporate Award Competition

Breaking News, Business
Robi Axiata PLC. has been recognized with the SILVER award in Telecommunication category at the 14th ICMAB Best Corporate Award Competition. This prestigious award competition was organized by the Institute of Cost and Management Accountants of Bangladesh (ICMAB). The award ceremony took place on 14th November at the Pan Pacific Sonargaon Hotel, Dhaka. This coveted corporate award yet again attests Robi’s continued strides in performance and excellence in corporate governance practices. Chief Guest of the award ceremony, Hon'ble Adviser to the Ministry of Finance, Commerce, Science & Technology, Dr. Salehuddin Ahmed handed over the award trophy to Robi's CFO, M. Riyaaz Rasheed. Robi’s Senior Director, Finance, Sanjib Kumar Ghosh and General Manager, Strategic Communications, Niaz...
Arpona Rani Rajbongshi gets Sher-e-Bangla Golden Award

Arpona Rani Rajbongshi gets Sher-e-Bangla Golden Award

Breaking News, Entertainment
Playwright Arpona Rani Rajbongshi has been awarded the Sher-e-Bangla AK Fazlul Haque Golden Award-2023. The award was presented at a grand ceremony at a hotel in the capital on Saturday, October 26, 2024, at the initiative of the Sher-e-Bangla Cultural Alliance. He was awarded as the best playwright there. This reception was organized on the occasion of the 151st birth anniversary of Sher-e-Bangla AK Fazlul Haque. At that time, the award was presented to Arpona Rani Rajbongshi by Sher-e-Bangla's grandson, former information secretary and chief advisor of the organization, Syed Margub Morshed, and Honorable Justice Mir Hasmat Ali, a freedom fighter. Regarding the award, Arpona Rani Rajbongshi said, "It is definitely nice to be awarded in recognition of a work. It increases the respons...