Business

May212026 by Statement DeskNo Comments

Uber Expands Its Footprint in Bangladesh with Launch in Chattogram

Uber, Bangladesh’s leading ridesharing app today announced the launch of its services in Chattogram, further expanding access to convenient, affordable, and technology-enabled mobility solutions across Bangladesh. With this launch, residents and visitors in the city will now be able to seamlessly request rides through the Uber app while drivers gain access to flexible earning opportunities.Starting today, riders in Chattogram will be able to access Uber’s mobility offerings through the app, designed to make everyday travel more reliable, safer, and efficient. The expansion reflects Uber’s continued commitment to supporting urban mobility and economic opportunity in Bangladesh.As Bangladesh continues to witness rapid urban growth and increasing demand for tech-enabled transportation...

May212026 by Statement DeskNo Comments

Samsung’s Eid offers and cashback with every Smartphone purchase

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This Eid-ul-Adha, Samsung Mobile is set to double the festive joy by offering guaranteed prizes across its entire smartphone lineup. With every purchase, customers will stand a chance to win exclusive gifts, enjoy exciting cashback offers on select devices, and receive a complimentary one-time screen replacement. Samsung Bangladesh has officially launched the campaign on May 19, 2026, across all authorized outlets nationwide. Under the campaign, customers purchasing any Samsung mobile device will be eligible to win household electronics, with a Samsung Refrigerator as the first prize, a Samsung TV as the second prize, and a Samsung Microwave Oven as the third prize. In addition to the giveaway, buyers can enjoy up to BDT 7,900 cashback on selected devices. Select credit card users will a...

May202026 by Statement DeskNo Comments

Apex Footwear introduces Express Delivery and BOPIS service ahead of Eid ul-Azha

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Apex Footwear Ltd., the leading footwear manufacturer in Bangladesh, has officially launched its ‘Buy Online, Pick-up in Store’ (BOPIS) service alongside a brand-new Express Delivery system. Aimed at transforming the shopping experience ahead of Eid al-Adha and establishing a new benchmark for year-round convenience, these digital-first initiatives, coupled with flexible EMI facilities, are designed to make shopping faster, smarter, and more convenient for customers nationwide.While introduced ahead of the festive rush, both BOPIS and Express Delivery are permanent additions to Apex’s service portfolio, set to redefine the country's omnichannel retail landscape moving forward.For shoppers looking to bypass shipping fees and delivery wait times, Apex has introduced this special BOPI...

May192026 by Statement DeskNo Comments

Axentec Powers Sonali Bank Limited with Secure Connectivity for Farmer’s Card Initiative

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Axentec PLC is providing technological support to Sonali Bank PLC in implementing the government’s “Farmer Card” initiative. The pilot programme is ensuring secure and reliable connectivity through the company’s infrastructure.The Farmer Card programme was recently inaugurated in Tangail, where pilot operations have already begun. Farmers can now access various financial services through point-of-sale (POS) machines. The use of dual SIM technology in these devices ensures uninterrupted network coverage in rural and semi-urban areas.In the first phase, around 22,000 farmers across 11 agricultural blocks in 11 upazilas of 10 districts are being brought under the programme. The government plans to expand the programme nationwide in phases.A subsidiary of Robi Axiata PLC, Axentec i...

May182026 by Statement DeskNo Comments

BRAC Bank to offer digital cash management solutions to Karmasangsthan Bank

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BRAC Bank has partnered with Karmasangsthan Bank to offer enhanced digital cash management solutions across the country.Under the agreement, BRAC Bank will collect loan instalments and savings deposits from customers of Karmasangsthan Bank through its nationwide network of branches, sub-branches, and Agent Banking outlets. To enable real-time transaction updates and seamless reconciliation, the two banks will establish API connectivity between their systems.Through this partnership, around 23 lakh customers of Karmasangsthan Bank will benefit from real-time loan instalment and savings deposit collection services, ensuring greater convenience, accessibility, and efficiency in financial transactions.Md. Shaheen Iqbal, Additional Managing Director and Head of Wholesale Banking of ...

May182026 by Statement DeskNo Comments

Guardian extends insurance coverage to Fiber@Home employees and their dependents

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Guardian Life Insurance Limited has entered into a new partnership with Fiber@Home Limited to provide comprehensive Life coverage and Medical benefits for the company’s employees and their family members.Through this partnership, the employees of Fiber@Home Limited and their dependents will also enjoy access to quality healthcare services through Guardian’s nationwide network of more than 450 partner hospitals across Bangladesh. The initiative reflects Guardian’s continued commitment to delivering innovative and comprehensive employee benefit solutions.The agreement was signed on May 10 at Guardian’s Head Office in Gulshan, Dhaka. Sheikh Rakibul Karim, FCA, Chief Executive Officer of Guardian, and Brig Gen Md. Rafiqur Rahman, PSC (retd), Managing Director of Fiber@Home Limited, sig...

May172026 by Statement DeskNo Comments

All-New Home Care Brand BLITZ Officially Launches in Bangladesh Market

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With the powerful tagline ‘Double Shoktite Total Attack,’ BLITZ, a new home and hygiene care brand from Maple and Mahrus Essentials Ltd., officially marked its debut in the Bangladeshi market through a grand launching ceremony held on Saturday (16 May) at Lalkhan Bazar, Chattogram. The event introduced a range of fabric and cleaning solutions designed to make everyday household cleaning easier, more effective, and more convenient for Bangladeshi customers.The launch ceremony was attended by distinguished guests including Marwah Chowdhury, Chairman of Maple & Mahrus Essentials Ltd.; Makzan Ul Karim Chowdhury, Managing Director of Maple & Mahrus Essentials Ltd.; Md. Morshed Alam, Manager, Operations; and Salim Islam, Manager, Business Development. Business stakeholders, distribut...

May172026 by Statement DeskNo Comments

ELF Lubricants Celebrates 1st Anniversary in Bangladesh

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Asian Petroleum Ltd., the official distributor of ELF Lubricants in Bangladesh, celebrated the first anniversary of the brand’s successful operations in the country on Saturday. To mark the milestone, the company officially launched the ELF App, a dedicated digital platform designed to enhance customer experience and streamline service delivery.The event, held at Japan Parts in the Tejgaon Industrial Area, brought together industry leaders, dealers, retailers, and business partners. Since its entry into the local market, ELF has rapidly established itself as a high-performance engine oil brand, focusing on advanced engine protection and premium automotive lubrication technology.Speaking at the event, Kazi Tahmid Hossain, Marketing Lead, highlighted ELF’s strong progress in the Bang...

May162026 by Statement DeskNo Comments

Samsung exhibits System AC solutions at Savor Expo

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Samsung showcased its state-of-the-art System Air Conditioner (System AC) solutions at the Savor Expo titled ‘Safe HVACR & Cold Chain’, held between May 14 and May 16, 2026, at the International Convention City Bashundhara. In partnership with Signtech Technology, Samsung participated in the expo with dedicated stalls (Stall No. 65 & 68) at Hall 4 of ICCB, where it engaged with industry stakeholders and potential customers.At the expo, Samsung also displayed its high-efficiency commercial air conditioning solution, DVM S2, designed to deliver improved energy performance, reliable cooling, and intelligent control features suited for modern commercial applications. The exhibition provided a platform for Samsung to connect with HVAC professionals, developers, and business leaders...

May142026 by Statement DeskNo Comments

DBH Finance PLC’s Profit for Q1 increased by 26%

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DBH Finance PLC, a leading finance company of the country with a prime focus on housing finance, reported results for the first quarter of the year ended on March 31, 2026. For the quarter, the company reported net profit after tax of BDT 196 million, which is 26% higher than the corresponding quarter of the previous year. EPS for the quarter stood at BDT. 0.97 compared to BDT. 0.77 of the same quarter last year. Net interest income rose by 31%, and operating income increased by 8% for the quarter. NPL remained around 1% of the portfolio, which is one of the lowest in the industry. The company achieved highest Credit Rating AAA for twenty consecutive years.DBH is serving customers through its 17 branches covering all divisional headquarters and providing financial assistance for creati...