August 2025 - Page 10 of 12

Aug82025 by TS ReportNo Comments

Govt Launches First-Ever Global Standards Adopted for SOE Asset and Lease Management

Finance and Science & Technology Adviser Dr. Salehuddin Ahmed has said that enhancing efficiency in asset management across State-Owned Enterprises (SOEs) and Autonomous Bodies (ABs), which together hold 80 percent of the government’s assets, could play a crucial role in reducing the government’s contingent liabilities, currently standing at Tk 6.5 lakh crore. He made the remarks while launching the Policy and Procedures Manual for Property, Plant & Equipment (PPE) and Lease—the first of its kind in Bangladesh—at a dissemination workshop held on Thursday, 7 August 2025, at the Finance Division. The event was organized under the Scheme on Strengthening SOE Governance under the Strengthening Public Financial Management Program to Enable Service Delivery (SPFMS). “This initiative ...

Aug72025 by TS ReportNo Comments

National Bank Holds 42nd Annual General Meeting

Breaking News, Business

The 42nd Annual General Meetings of National Bank PLC was held on Thursday, August 7, 2025, at a convention center in Dhaka. The meeting was presided over by Mr. Abdul Awal Mintoo, Chairman & Sponsor Director of the Bank. Also present were Mr. Moazzam Hossain, Vice Chairman & Sponsor Director; Mr. Muklesur Rahman, Chairman of the Executive Committee & Independent Director; Mr. Md. Abdus Satter Sarkar, Chairman of the Audit Committee & Independent Director; Mr. Md. Zulkar Nayn, Independent Director; Professor Dr. Melita Mehjabeen, Independent Director; Mr. Adil Chowdhury, Managing Director; Deputy Managing Directors and the esteemed shareholders of the bank. National Bank’s Chairman & Sponsor Director Mr. Abdul Awal Mintoo said in his speech that although many inciden...

Aug72025 by TS ReportNo Comments

Infinix Blends Innovation and Esports in PMCC 2025 Grand Campus Finale

Breaking News, Technology

In a landmark celebration of youth, passion, and digital innovation, global smartphone brand Infinix has successfully concluded its first-ever PUBG MOBILE Campus Club (PMCC) LAN Championship in Bangladesh. The event brought together over 600 teams from 100+ universities, turning dreams into reality and campuses into launchpads for esports glory. Held at the BRAC University auditorium on August 4, the electrifying finale was more than just a competition—it was a bold statement on the future of gaming in Bangladesh. After weeks of intense online qualifiers, the top 16 university teams collided in a high-stakes LAN showdown, transforming the venue into a true battlefield of skill, ambition, and unity. Crowning the Champions Team PX ESPORTS from Shanto Mariam University of Creative Te...

Aug72025 by TS ReportNo Comments

Guardian partners with Perfetti Van Melle for employee coverage

Breaking News, Business

Guardian Life Insurance Limited, a leading provider of corporate group insurance solutions, has entered into an agreement with Perfetti Van Melle Bangladesh Pvt. Ltd. to extend insurance benefits to its employees. Under this partnership, all the employees and the family members of Perfetti Van Melle Bangladesh Pvt. Ltd. will benefit from comprehensive life and medical coverage. The agreement was signed recently at the corporate office of Perfetti Van Melle Bangladesh in Dhaka. Representatives from Guardian, including Sheikh Rakibul Karim, FCA, Additional Managing Director and Chief Executive Officer (Acting) of Guardian; Ghazi Rafi Ahmed Shams, SVP & Head of Group Insurance; Iftakher Ahmed, SVP & Deputy Head of Group Insurance; Abu Hanif, SAVP & Business Lead, Group Insur...

Aug72025 by TS ReportNo Comments

Local Governments Key to Unlocking Investment Potential, Says BIDA Chief

Breaking News, Business

The Bangladesh Investment Development Authority (BIDA), in collaboration with Swisscontact’s PRABRIDDHI project, on Thursday hosted a high-level workshop in Dhaka to present the findings of the Municipal Competitiveness Index (MCI) 2024—positioning it as a strategic instrument to bolster Bangladesh’s local investment climate. Titled “The Role of the Municipal Competitiveness Index (MCI) in Strengthening the Investment Climate”, the event brought together senior policymakers, development partners, and private sector stakeholders at the BIDA Multipurpose Hall. The workshop showcased the competitiveness and investment readiness of seven pilot municipalities, identifying reform pathways for unlocking economic potential at the subnational level. The MCI, developed under the Bangladesh Inv...

Aug72025 by TS ReportNo Comments

July Uprising: Remitance earners Demand Official Recognition for July Sacrifice

Breaking News, Feature

Expatriate Bangladeshis who played a serious role in organizing simultaneous movements in various countries during the July uprising, have demanded official recognition for their contributions. The demand was raised by the leaders of “Global Bangladeshis Alliance for Human Rights (GBAHR).” UK, the human rights alliance of the remitance earners. The call came during the book launch ceremony of two documentary publications—“July 36: ANDOLON DESHE DESHE” (mean- July 36 movement in various countries) and “GANAOVVUTHAN 2024 : Sylhet PORBO July-August (mean- Uprising 2024, Sylhet Chapter: July-August)—held on Wednesday (August 6) evening at the Poet Sufia Kamal Auditorium of the National Museum Dhaka. Leaders of GBAHR made the demand at the event, highlighting how in abroad the Bangladesh...

Aug62025 by TS ReportNo Comments

SAARC Consultation Calls for United Push Towards Regenerative Agriculture

Breaking News, Feature

The SAARC Agriculture Centre (SAC) successfully organized a three-day Regional Consultation Meeting titled “Promotion of Regenerative Agriculture in SAARC Member States,” held virtually from 4 to 6 August, 2025. The event gathered distinguished delegates from 6 SAARC countries, agricultural research organizations, universities and several international agencies to foster cooperation and develop strategies to promote regenerative agriculture in the region. The consultation aimed to promote regional collaboration and policy alignment to tackle growing environmental challenges in agriculture. A special focus was given to restoring degraded soils, enhancing biodiversity and building climate-resilient agri-food systems to ensure long-term food security across South Asia. Ambassador Abdul ...

Aug62025 by TS ReportNo Comments

RYZE Launches AI-enabled Offers Celebrating the Power of Youth

Breaking News, Business

In tribute to the youth of Bangladesh—who have always stood at the forefront of challenging the status quo with courage and conviction over the years—RYZE, Banglalink’s AI-driven lifestyle brand for young people, has unveiled a series of special offers and bundles designed to empower the next generation. This campaign celebrates the enduring spirit of Bangladesh’s youth and their pivotal role in shaping the nation’s future. Recognizing the critical role of communication in uniting student voices during times of change, Banglalink introduced RYZE last year to address the evolving digital needs of today’s youth. Built on the principles of empowerment, upskilling, and inclusion, RYZE offers seamless connectivity alongside cutting-edge AI tools that support learning, productivity, and creat...

Aug62025 by TS ReportNo Comments

National Bank’s Success in Loan Recovery

Breaking News, Business

An Agreement Signed Between AkijBashir Group and Eminence Electric Wires & Cables Ltd. under the Initiative of National Bank PLC. Recently, under the initiative of National Bank PLC, an agreement was signed between AkijBashir Group and Eminence Electric Wires & Cables Limited. As part of the agreement, AkijBashir Group will purchase the mortgaged machinery and land of National Bank PLC’s client, Eminence Electric Wires & Cables Limited. Through this acquisition, the bank’s outstanding loan will be reduced within the next two months. This transaction is expected to play a significant role in National Bank’s loan and cash management and will contribute positively to the bank’s overall operations. The agreement signing ceremony was attended by Mr. Areef Billah Adil Chowdhury, Ma...

Aug52025 by TS ReportNo Comments

Malaysia Airlines Champions Elevated Journeys with ‘Time for Premium Escapades’

Breaking News, Travel

Malaysia Airlines continues to redefine premium travel with its exclusive Time for Premium Escapades campaign—an invitation for discerning travellers to embark on unforgettable journeys in Business Class, featuring seamless connectivity, thoughtful comforts, and a curated inflight experience rooted in Malaysian Hospitality. Dersenish Aresandiran, Chief Commercial Officer of Airlines, Malaysia Aviation Group (MAG) said, “As the national carrier with a proud legacy of connecting Malaysia to the world, we remain steadfast in our commitment to delivering a premium travel experience that is distinctly Malaysian. Through ‘Time for Premium Escapades’, we invite travellers to rediscover the comfort, care and excellence that have long made Malaysia Airlines the carrier of choice in Asia Pacific ...