Statement Desk, Author at TheStatement24

Jul262026 by Statement DeskNo Comments

British Fintech ‘VALT’ Launches Operations in Bangladesh

British fintech company VALT has officially commenced operations in Bangladesh. The inauguration ceremony was held in Sylhet on Saturday (25 July), where Khaled Ahmed, Executive Director of Bangladesh Bank, formally launched the company's local operations. Senior officials from commercial banks and members of the local business community attended the event. Speaking at the event, company representatives said that VALT, a wholly owned subsidiary of UK-based VALT Holdings Limited, provides payment solutions and Point-of-Sale (POS) services to the hospitality industry in the United Kingdom. Over the past decade, the company's technology development and operational infrastructure have been built and managed by Sylhet-based IT company Yo Tech. The company said its entry into the Banglades...

Jul252026 by Statement DeskNo Comments

MetLife Bangladesh settles 1,384 Crore Taka claims in the first six months of 2026

Breaking News, Business

MetLife Bangladesh has settled 1,384 Crore Taka claims in the first six months (January – June) of 2026. This amount includes the money customers receive as insurance benefits and claims for loss of life and medical needs. MetLife Bangladesh's Chief Executive Officer, Ala Ahmad, said, "The claims amount settled in the first six months of the year reflects our strong commitment to supporting customers and their families when they need us most. By continuously enhancing our claims process to make it faster, simpler, and more transparent, we aim to strengthen customer confidence and contribute to building greater trust in Bangladesh’s insurance sector.” MetLife maintains a consistent track record of timely claims settlement. In the year 2025, MetLife Bangladesh settled the highest claim...

Jul252026 by Statement DeskNo Comments

BRAC Bank Branch Distribution Network achieves record BDT 5,000 crore CASA deposit growth in first half of 2026

Breaking News, Business

BRAC Bank's Branch Distribution Network has achieved a landmark BDT 5,000 crore growth in Current Account Savings Account (CASA) deposits during the first six months of 2026, reflecting customers' growing confidence in the bank and the network's strong deposit mobilisation capabilities. The milestone builds on the Distribution Network's consistent growth momentum in recent years, reinforcing its contribution to the bank's sustainable business expansion through relationship-driven banking and customer-centric service. To celebrate the achievement, BRAC Bank organised a recognition programme attended by Tareq Refat Ullah Khan, Managing Director & CEO; Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network; members of the Management Committee; l...

Jul252026 by Statement DeskNo Comments

Post-Budget Discussion Program 2026-27 held at UIU

Breaking News, Education

The School of Business and Economics of United International University (UIU) organized the Post-Budget Discussion Program 2026-27 yesterday at UIU Campus. At the beginning of the program, two important sessions were held with the participation of students from different universities across the country. The first session featured a lively debate competition on the motion, “The proposed tax policy in the National Budget of Bangladesh for the fiscal year 2026–27 will be beneficial to the country’s economy overall,” with participants from the University of Dhaka, Jahangirnagar University and United International University. During the debate, the participating students analyzed various aspects of the national budget using data-driven arguments and logical reasoning. Thereafter, a panel ...

Jul242026 by Statement DeskNo Comments

Energypac presents new strategic roadmap “River Wave” by RBF

Breaking News, Business

Energypac one of Bangladesh’s leading power and engineering conglomerates, recently hosted an executive meeting with key financial partners and banking institutions at Gulshan Club to outline its long-term growth roadmap alongside a distinct financial realignment strategy. Guided by the principle, "Growth for Goodness," the leadership team detailed a forward-looking operational model aimed at enhancing production efficiencies and market presence across core business segments. During the session, Engineer Rabiul Alam, Chairman, and Humayun Rashid, Managing Director and CEO of Energypac Power Generation PLC mapped out the company's product expansions and portfolio shifts. His presentation focused on next-generation mobility, including Light Commercial Vehicles (LCVs) and EV buses, expa...

Jul242026 by Statement DeskNo Comments

AI washing machines: A better way to do laundry on rainy days

Breaking News, Feature

Monsoon in Bangladesh means long-awaited respite from the scorching heat. While it does bring relief from the sun, it also brings with it one household chore nobody has a good answer for: laundry. When it rains for days on end, doing the laundry becomes a nightmare for families. Balconies stay wet. Living rooms turns into makeshift clotheslines. Days without direct sunlight and the constant humidity – make it nearly impossible to air-dry washed clothes. And clothes that don’t dry properly within a day or two start smelling, no matter how well they are washed. For people who work nine to five, this is like an added burden. Because it means taking out extra time from their already busy schedule to not only wash clothes but also find a way to dry them before it starts smelling bad. Pare...

Jul232026 by Statement DeskNo Comments

DBH opens new branch in Jashore

Breaking News, National

DBH Finance PLC. (DBH), the country's specialist housing finance institution, has expanded its footprint with the inauguration of its 18th branch in Jashore. The new branch is located on the 3rd Floor of Salauddin Tower, Holding No. 1508-00, R N Road, Jashore city. The branch was formally inaugurated by Mr. Nasimul Baten, Managing Director & CEO of DBH Finance PLC., in the presence of leading real estate developers from the Jashore region. Other senior officials of DBH also attended the inauguration ceremony. The branch will provide home loans and fixed deposit services to customers in Jashore and the surrounding areas, enabling easier access to DBH's specialized financial solutions. Formerly known as Delta Brac Housing Finance Corporation Limited, DBH Finance PLC. has maintained...

Jul222026 by Statement DeskNo Comments

Samsung announces price drop on the recently launched Galaxy A37 5G

Breaking News, Technology

At a time when smartphone prices continue to climb across the market, Samsung has announced fresh price cuts on its recently launched Galaxy A37 5G, making the device more accessible to a wider range of customers without compromising on the features that define the A-series experience. The 8GB/128GB variant is now available at 54,999 Tk, down from its previous price of 59,299 Tk, while the 8GB/256GB variant has been adjusted to 57,999 Tk, from its original price of 67,799 Tk. With a slim and sleek design, Galaxy A37 5G features a triple rear camera system, including a 50 MP wide-angle camera, an 8 MP ultra-wide camera, and a 5 MP macro camera. On the front, a 12 MP camera supports Super HDR video for vivid and lifelike recording. The device also integrates Awesome Intelligence features, ...

Jul222026 by Statement DeskNo Comments

Company Pushes to Market Nicotine Pouches, PROGGA-ATMA Call for Ban

Breaking News, NGO News

The Bangladesh Standards and Testing Institution (BSTI) has recently initiated a process to formulate standards for nicotine pouches, a product considered harmful to public health. BSTI has undertaken this initiative by forming a Tobacco and Tobacco Products Technical Committee, which does not include representatives from the National Tobacco Control Cell (NTCC) and tobacco control organizations. However, the committee includes representatives of tobacco companies. PROGGA (Knowledge for Progress) and the Anti-Tobacco Media Alliance (ATMA) have expressed alarm, stating that the involvement of tobacco companies in such a committee violates Article 5.3 of the WHO Framework Convention on Tobacco Control (FCTC). In a joint press release issued on 21 July, the two organizations called for a comp...

Jul212026 by Statement DeskNo Comments

Proper nutrition and avoiding junk food are key to children’s physical and mental development, speakers’ advice to Notun Kuri Sports 2026 participants

Breaking News, Health

Dhaka, July, 2026: The Cube Institute, in partnership with the Ministry of Youth & Sports, organized a nutrition seminar on 20 July at the Shaheed Suhrawardy Indoor Stadium to promote healthy eating habits among adolescent athletes participating in Notun Kuri Sports 2026. The seminar, organized by the National Sports Council for 550 finalists aged 12–14, emphasized the critical role of balanced nutrition in supporting children's physical growth, mental well-being and athletic performance. Health experts and policymakers encouraged participants to reduce junk food consumption and adopt healthier dietary habits from an early age. Nutritionist and Public Health & Wellness Consultant Israt Jahan highlighted that young athletes have higher energy and nutrient requirements. She enc...