Day: July 29, 2026

Jul292026 by Statement DeskNo Comments

Fashion brand Elite’s 17th outlet inaugurated

The 17th outlet of 'Elite Lifestyle Limited'—one of the country's leading fashion brands—was grandly inaugurated Monday, July 27, at 5 PM in the area adjacent to the Oxygen Kanchabazar (wholesale market) in the city.Professor S.M. Nasrul Kadir, Vice-Chancellor of Premier University, inaugurated the Oxygen branch. He formally launched the outlet's operations by cutting the ribbon. Presided over by Muhammad Mamun Chowdhury, Chairman of the brand 'Elite Lifestyle Limited', the event was attended by special guests including the company's Executive Director A.K. Shawkat Ali, Director Jannatul Ferdous, journalist and artist S.M. Azizul Kadir, journalist Partha Nandi, expatriate businessman Kaiser Hamid, and businessmen Md. Faizul Alam, Md. Abdul Hamid, and Anwar Mehedi, among others. Speak...

Jul292026 by Statement DeskNo Comments

Higher Earnings and Strong Asset Quality Drive IDLC Finance’s H1 2026 Performance

Breaking News, Business

IDLC Finance PLC delivered a strong performance in the first half of 2026, posting a Consolidated Net Profit after Tax (NPAT) of BDT 1,370 million. This records a 26% increase over the same period of the previous year. The leading NBFI’s Earnings Per Share (EPS) therefore rose to BDT 2.99 in H1 2026 from BDT 2.37 in H1 2025.IDLC’s profitability indicators strengthened during the period, with annualized Return on Equity (ROE) improving to 12.36%, and Return on Assets (ROA) improving to 1.52%. These improvements prove stronger earnings generation and efficient deployment of capital and assets.On a standalone basis, customer deposits reached BDT 114.54 billion, while the loan portfolio stood at BDT 117.60 billion. Asset quality remained robust, with the Non-Performing Loan (NPL) ratio...

Jul292026 by Statement DeskNo Comments

Hop Lun facilitates industry skill development training under SICIP through BGMEA partnership

Breaking News, Business

Hop Lun Apparel Limited has joined hands with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to facilitate industry-focused skills training for aspiring professionals in Bangladesh's ready-made garment (RMG) sector.As part of the initiative, Hop Lun is providing training support at its Unit-2 facility through eight of its employees, who serve as trainers after being evaluated and approved by BGMEA. The training covers four courses: Sewing Machine Operation, Industrial Engineering and Lean Manufacturing, Advanced Garments Quality Control Management, and Social Compliance and Environmental Management.A total of 208 trainees have completed the training so far, with around 118 already securing employment. Of them, 90 are now employed at Hop Lun, while the others...

Jul292026 by Statement DeskNo Comments

ETS Hosts TOEFL Experience Day in Dhaka for Bangladesh’s English-Language Trainer Community

Breaking News, Education

ETS, a global education and talent solutions organisation and the creator of the TOEFL iBT test, recently hosted a TOEFL Experience Day at Amari Dhaka. Marking ETS’s first official in-person TOEFL Experience Day in Bangladesh, the programme brought together more than 100 participants, including English-language trainers, TOEFL preparation professionals, counsellors, educators and channel partners.Led by ETS experts and senior leaders from its South Asia team, the structured training introduced participants to the four strategic pillars of TOEFL: Fair, Agile, Smart and Tailored (FAST). The programme also provided focused guidance on the four skills assessed by the TOEFL iBT test: Reading, Writing, Speaking and Listening. The sessions enabled participants to better understand the enhance...

Jul292026 by Statement DeskNo Comments

Bizzmakr Empowers Future Freelancers through Campus Activation Program at IUB

Breaking News, Education

Bizzmakr, a growing freelancer-powered business solutions platform, successfully organized a two-day Campus Activation Program at Independent University, Bangladesh (IUB) on 26–27 July, in collaboration with the IUB Programming Club (IUBPC), continuing its mission to help young people identify, develop, and apply skills that can unlock real opportunities.Founded on a unique model where all contributors work as freelancers, Bizzmakr is committed to bridging the gap between learning and employability. Through its Campus Activation Program, the platform seeks to equip students with practical insights, market-relevant skills, and a clearer understanding of how they can transform their passions into meaningful, sustainable careers.The activation booth remained open from 10:00 AM to 4:00...