Business Archives - TheStatement24

Nov92025 by TS ReportNo Comments

Asian Motorspex Introduces Chery Tiggo 9 Pro PHEV in Bangladesh: Luxury Meets Sustainability

Asian Motorspex Ltd, the official distributor of Chery automobiles in Bangladesh, has launched the Chery Tiggo 9 Pro PHEV, marking the country’s entry into the premium plug-in hybrid SUV market. The flagship model combines cutting-edge hybrid technology, luxury, and eco-friendly mobility solutions and was unveiled at Chery’s showroom in Tejgaon Industrial Area. Dewan Shajedur Rahman, Managing Director of Asian Motorspex Ltd, highlighted the growing environmental awareness among Bangladeshi customers and emphasized the Tiggo 9 Pro PHEV’s ability to deliver premium performance with a reduced carbon footprint. “This SUV redefines modern luxury and sustainability for Bangladeshi drivers,” he said. Performance & Range:The 7-seater SUV features a 1.5-liter turbo petrol engine paired with p...

Nov62025 by TS ReportNo Comments

Daraz 11.11 “THE REAL BOSS” Mega Sale Returns with Unbeatable Deals and Grand Prizes

Breaking News, Business

Daraz Bangladesh is set to light up the shopping scene once again with the country’s biggest online sale of the year—the 11.11 campaign, themed “THE REAL BOSS.” The mega sale will go live from 10 November 2025 at 8 PM and run until 21 November 2025, offering nearly two weeks of exclusive discounts, flash sales, and exciting contests across all categories. Mega Deals and DiscountsShoppers can enjoy Flash Sales and Mega Deals of up to 80% off, Hot Deals up to 75% off, and special 11 / 111 / 1,111 / 11,111 Taka Deals. Brand Rush Hour will feature flat discounts on popular products, while delivery offers include Free Delivery on orders above 799 Taka and additional site-wide discounts on multiple items. 1 Taka Game and Grand PrizesA highlight of the campaign is the 1 Taka Game, where custome...

Nov62025 by TS ReportNo Comments

Faiz Ahmad Taiyeb Emphasizes Quality Connectivity and Balanced Spectrum Allocation for Inclusive Digital Growth

Breaking News, Business

Special Assistant to the Chief Adviser on Posts, Telecommunications and Information Technology, Faiz Ahmad Taiyeb, visited Banglalink Headquarters and its Network Management Center to review ongoing network modernization efforts and customer experience enhancement initiatives. During the visit, Taiyeb stressed that balanced and optimal allocation of sub-1 GHz low-band spectrum, particularly the 700 MHz band, is essential to ensure reliable, affordable, and inclusive connectivity across the nation. He highlighted that the 700 MHz spectrum is strategically important for improving rural coverage, reducing network congestion, and enabling fair competition so that all operators can deliver high-quality digital services to citizens. The discussions centered on how Banglalink is strengthening i...

Nov12025 by TS ReportNo Comments

HONOR and BYD Join Forces to Advance AI-Powered Intelligent Mobility

Breaking News, Business

Global AI device ecosystem company HONOR has announced a strategic partnership with BYD, the world’s leading new-energy vehicle manufacturer, to redefine consumer experience through AI-powered, human-centric intelligent mobility solutions. The collaboration brings together HONOR’s vehicle connectivity technology and BYD’s next-generation DiLink smart ecosystem, aiming to deliver a seamless, intelligent, and connected mobility experience for users. A signing ceremony was held recently, where Fang Fei, President of Products at HONOR, and Yang Dongsheng, Senior Vice President of BYD and President of the Automotive New Technology Research Institute, signed on behalf of their respective organizations. The event was also attended by James Li, CEO of HONOR, and Wang Chuanfu, Chairman and Presid...

Oct282025 by TS ReportNo Comments

CCC, B-Trac and Mileage Partner to Digitalize Holding Tax Collection in Chattogram

Breaking News, Business

In a major step toward modernizing municipal governance, the Chittagong City Corporation (CCC) has partnered with B-Trac Solutions and Mileage to simplify and digitalize the city’s commercial holding tax collection system. A Memorandum of Understanding (MoU) was signed on Monday, marking a significant move toward making tax payment easier, transparent, and more citizen-friendly. Under this agreement, CCC’s commercial holding tax collection will be fully transitioned to a cloud-based software system, equipped with real-time reporting, data analytics, and tracking capabilities. The new platform will ensure transparency, accountability, and operational efficiency in tax management. Taxpayers will be able to conveniently pay their dues through online banking, mobile financial services, ATMs, ...

Oct272025 by TS ReportNo Comments

Guardian and Agriventure Join Forces to Protect Farmers’ Futures

Breaking News, Business

In a groundbreaking collaboration, Guardian Life Insurance Limited has partnered with Agriventure Limited, an Agrifintech startup, to launch Credit Shield Insurance for the agricultural sector. This partnership aims to protect farmers by providing insurance coverage for those financed by Agriventure. In times of unforeseen hardship, this initiative will ensure that farmers are not burdened by outstanding loans, providing them with much-needed financial security. The partnership is a significant step towards creating a more resilient and inclusive agricultural ecosystem by merging technology, finance, and empathy for the country’s farmers—who play a crucial role in sustaining the nation's food supply. Sheikh Rakibul Karim, speaking on behalf of Guardian, emphasized, "At Guardian, we belie...

Oct272025 by TS ReportNo Comments

National Bank Holds Inspiring “Managers Meet” with Branch Leaders of Barishal Region

Breaking News, Business

On 27 October 2025 National Bank PLC successfully hosted a purpose-driven “Managers Meet” in Barishal, bringing together 23 branch managers from across the region for a day of inspiration, strategy, and shared vision. The event served as a powerful platform to review performance, exchange operational insights, and shape the roadmap for sustainable growth, innovation, and service excellence. The session was graced by Mr. Adil Chowdhury, Managing Director, as the Chief Guest, along with Mr. Md. Meshkat-ul-Anwar Khan, Deputy Managing Director (In-Charge), senior officials, the Barishal Regional Manager, and all participating branch managers. During the session, participants identified five strategic priorities to accelerate the bank’s growth and strengthen its leadership position: ...

Oct252025 by TS ReportNo Comments

National Bank’s “Managers Meet” Inspires 19 Branch Leaders of Cumilla Region

Breaking News, Business

National Bank PLC organized an inspiring and results-oriented “Managers Meet” with 19 branch managers from the Cumilla region on 23 October 2025, focusing on performance review, operational excellence, and strategic direction for sustainable growth. The daylong session created a dynamic platform for open dialogue, teamwork, and forward-thinking strategies aimed at strengthening regional operations and driving overall business momentum for National Bank. Mr. Adil Chowdhury, Managing Director of National Bank PLC, graced the event as Chief Guest. Also in attendance were Mr. Md. Mizanur Rahman, SVP, Corporate & Regulatory Affairs Unit; Mr. Mohammad Towhidul Karim, SVP & Regional Manager, Chattogram; and Mr. Md. Iskander Ali Fakir, VP & Regional Manager, Cumilla, along with senio...

Oct232025 by TS ReportNo Comments

Abdul Awal Mintoo Awarded 2025 Top Agri-Food Pioneer (TAP) by the World Food Prize Foundation

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The World Food Prize Foundation has honored Mr. Abdul Awal Mintoo, Founder of Lal Teer Seed Ltd, Lal Teer Livestock Development (BD) Ltd, and Chairman of the Board of Directors of National Bank PLC, with the 2025 Top Agri-Food Pioneer (TAP) award. This global recognition celebrates his extraordinary contributions to transforming food systems, empowering farmers, and strengthening global food security. Both Lal Teer companies are concerns of Multimode Group, founded by Mr. Mintoo in 1981. The World Food Prize Foundation, headquartered in Iowa, USA, recognizes individuals who have made remarkable achievements in improving food quality, quantity, and accessibility. The Foundation’s Council of Advisors—comprising former Heads of State, Ministers, and leaders in agricultural science and policy...

Oct232025 by TS ReportNo Comments

Credence Data Trains Leading Banks on Next-Gen Risk Intelligence Tools

Breaking News, Business

Credence Data (www.credencedata.com), a Hong Kong-based fintech and leading trade-risk intelligence platform, has recently conducted an advanced training program on risk management and counterparty due diligence for major banks in Bangladesh. Participating institutions included City Bank PLC, Bank Asia PLC, The Premier Bank PLC, and Modhumoti Bank PLC. The training demonstrated how banks can move beyond static PDF reports by leveraging Credence’s fully digital platform, purpose-built for cross-border trade finance. Powered by verified intelligence and real shipment data, the platform enables faster and more reliable decision-making across banking networks. A central highlight of the session was Insight Lens, Credence’s proprietary AI-enabled assistant that analyses only authenticated da...