Business Archives - TheStatement24

Jul172024 by News DeskNo Comments

Second Quarter 2024: Grameenphone Continued growth

Grameenphone Ltd. reported a total revenue of BDT 42.2 billion for the second quarter of 2024, registering a growth of 5.6% from the same period last year. The Company acquired 2.3 Mn new subscribers, reaching 85.3 Mn total subscribers at the end of the second quarter. 58.3% of Grameenphone’s total subscribers, or 49.7Mn, are using internet services. “The macroeconomic headwinds that have been prevalent since last year exacerbated due to central banks' continued tightening policies, calibration of energy prices while reducing subsidies, increase of supplementary duties and the effects of natural disasters such as cyclones and flood. Despite these challenges, we remained focused on our growth strategies and showed stability in our performance by delivering consistent growth in topline and ...

Jul172024 by News DeskNo Comments

US-Bangla Airlines celebrates 10th anniversary

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US-Bangla, one of the leading private airlines of Bangladesh, has crossed the success story for ten years. 17 July 2024 US-Bangla Airlines enters 11th year. US-Bangla Airlines extends its sincere congratulations and best wishes to all the well-wishers on their tenth anniversary. On 17 July 2014, US-Bangla started its journey in Bangladesh Aviation by operating a flight on Dhaka-Jashore route with DASH8-Q400 aircraft. According to the plan, US-Bangla has strengthened the air communication system in the shortest possible time by operating flights to all airports within Bangladesh within the first one year. Domestic routes operate flights from Dhaka to Chattogram, Cox's Bazar, Sylhet, Jashore, Saidpur, Rajshahi. On 15 May 2016, within two years of the start of the US-Bangla journey, the...

Jul162024 by News DeskNo Comments

BYD YANGWANG U8 and U9 make world debut at Goodwood Festival

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BYD debuted its YANGWANG U8 and YANGWANG U9 at the Goodwood Festival of Speed. It’s the first time a high-end Chinese brand has unveiled its cars at the festival. The Goodwood Festival of Speed is an annual motorsports festival that takes place in Goodwood House, West Sussex, England. This year, it occurred from July 11 to July 14, 2024. The theme of the 2024 Goodwood Festival of Speed was ‘Horseless to Hybrid—Revolution in Power,’ and it’s celebrating 130 years of technological progress. Every summer, thousands of car fans pilgrimage to Britain’s Goodwood Festival of Speed to witness fast and stunning cars rev their engines amid clouds of smoke. This year, the crowd that traditionally turns up at the festival with British sports cars was met with a new sight: an array of stunning el...

Jul162024 by News DeskNo Comments

Grameenphone Launches Country’s 1st Fixed Wireless Access Service ‘gpfi unlimited’

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Grameenphone, the smart connectivity provider, has launched Bangladesh's 1st fixed wireless access service named 'gpfi unlimited', marking a significant milestone in the country's digital transformation journey. Following the Unified Licensing Guidelines, this innovative solution leverages fixed wireless access (FWA) technology to deliver reliable and high-speed internet connectivity to homes and businesses across the nation. Zunaid Ahmed Palak, MP, State Minister for the Ministry of Posts, Telecommunications, and Information Technology, was present at the programme as the chief guest while Engr. Md. Mohiuddin Ahmed, Chairman of Bangladesh Telecommunication Regulatory Commission (BTRC), took part as special guest. Also present during the ceremony were Yasir Azman, Chief Executive Office...

Jul162024 by News DeskNo Comments

240 agri-entrepreneurs from Rajshahi receive skill development training

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A skill development training program, organized by United Commercial Bank PLC (UCB) under the agricultural support scheme 'Bhoroshar Notun Janala', was held at Shah Dine Community Center located in Rajshahi Sadar. This program was organized for 240 agricultural entrepreneurs hailing from 9 upazilas of the district. In accordance with the directives of the Bangladesh Bank, UCB PLC has been organizing such training in different districts of the country for promising agricultural entrepreneurs as part of its Corporate Social Responsibility (CSR) initiative. Rup Ratan Pine, Executive Director of the Bangladesh Bank's Rajshahi office, was present as the chief guest of the event. ATM Tahmiduzzaman, Additional Managing Director of UCB PLC and Rezaul Karim Siddique, presenter of BTV's agriculture...

Jul142024 by News DeskNo Comments

BASIS Launches BASIS America Desk to Expand Bilateral Business in ICT

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Bangladesh Association of Software and Information Services (BASIS) has launched BASIS America desk to facilitate and strengthen ICT business collaborations between Bangladeshi ICT and software companies and their counterparts of the United States of America. In this connection, a launching ceremony was held on Sunday at a city hotel in the capital. at the ceremony, Salman F Rahman, and the Private Industry and Investment Adviser to the Prime Minister, was present as the chief guest while Peter D. Haas, U.S. Ambassador to the People's Republic of Bangladesh, was present as guest of Honor at the ceremony. Additionally, the event was attended by officials from various embassies in Bangladesh, former presidents of BASIS, members of the BASIS executive committee, BASIS members, and senior o...

Jul142024 by News DeskNo Comments

Monash Foundation orientation at UCB

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Orientation session for the Monash University Foundation Year (MUFY) program’s 9th intake was held by Universal College Bangladesh (UCB) on July 14, 2024. This has been the second batch of 2024 after the successful orientation of the first intake in January, 2024. The orientation gave students and their parents a thorough introduction to the world-famous MUFY program and introduced them to international standards of teaching and learning applied by Monash and UCB. Alongside the student orientation, there was also a dedicated parent orientation to explain the various MUFY program options and explain how students who complete MUFY can study at Monash and a range of world class universities. On behalf of UCB, Prof. Muhammad Ismail Hossain, Dean of Academic Affairs; and Prof. Hew Gill, P...

Jul122024 by News DeskNo Comments

Dettol partnered with ToguMogu Parenting App to promote better health for new mothers and children

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Dettol has partnered with ToguMogu Parenting App to promote better health for new mothers and children. Dettol, the leading household name in Bangladesh, recently announced its partnership with ToguMogu, the largest Bangladeshi parenting app. Yesterday, the signing ceremony took place at Reckitt's corporate office in Gulshan. This collaboration aims to leverage the strengths of both organizations to provide essential health information, resources, and products to new parents, ensuring a healthier start for families across Bangladesh. Under the partnership, a new initiative for pregnant and newborn mothers called ‘New Mom Academy’ will be launched. New Mom Academy is a platform that will help pregnant and newborn mothers with essential health information, hygiene, mental health, and well...

Jul102024 by News DeskNo Comments

MyGP hits new milestone with 20 million monthly active users

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MyGP, Grameenphone’s flagship app, has recently reached a significant landmark, amassing 20 million monthly active users, making it Bangladesh’s leading app. This achievement solidifies MyGP's position as the country's leading digital platform providing unparalleled convenience and a seamless digital experience to millions of Bangladeshi mobile users right at their fingertips. To mark the momentous occasion, a celebration was held yesterday at the capital’s GPHouse in presence of Yasir Azman, Chief Executive Officer, Grameenphone; Solaiman Alam, Chief Digital Officer, Grameenphone and other management members of the company. Launched in 2016, MyGP was envisioned as a one-stop solution for Grameenphone customers to access a wide range of services effortlessly. Over the years, the...

Jul102024 by News DeskNo Comments

Energypac celebrates 20 years of partnership with Perkins

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Energypac Power Generation PLC has recently celebrated its 20 years of meaningful partnership with Perkins, one of the world’s leading UK based providers of diesel engines. This marks a significant step towards the mutual relationship these two leading companies of two different countries has been fostering over the years. Perkins is widely hailed as a world leader in the design, manufacture, and sale of industrial diesel engines. This manufacturing company is passionate about delivering excellent products and services, and is committed to providing the best power solutions. Energypac is the authorized distributor of Perkins in Bangladesh. They are authorized to sell genuine Perkins engines and aftermarket spare parts for the full portfolio of Perkins’ products. Customers within the cou...