Business

Sep252026 by Statement DeskNo Comments

Shimanto Bank PLC donates Microbus to SUST

Shimanto Bank PLC has donated a microbus to Shahjalal University of Science and Technology (SUST). The Managing Director and Chief Executive Officer of Shimanto Bank PLC, Mr. Md. Nurul Azim, handed over the microbus to the Vice-Chancellor of Shahjalal University of Science and Technology, Professor Md. Khairul Islam, Phd. Sector Commander (Sylhet) of Border Guard Bangladesh, Colonel Mohammad Salahuddin, psc, along with deans of various faculties, the registrar, transport administrator, provosts, director of accounts, assistant proctors, and other university officials, as well as senior officials from the bank, were present during the event.Speaking at the handover ceremony, SUST Vice-Chancellor Professor Dr. Md. Khairul Islam stated, "The microbus will add a new dimension to the univer...

Sep232026 by Statement DeskNo Comments

BRAC Bank finances Eskayef to expand insulin production in Bangladesh

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BRAC Bank has extended financing support to Eskayef Pharmaceuticals Ltd., also known as SK+F, to expand its insulin production capacity, supporting greater availability of this essential medicine in Bangladesh and international markets.One of Bangladesh’s leading pharmaceutical companies, Eskayef has been manufacturing insulin through its long-standing partnership with Danish multinational pharmaceutical company, Novo Nordisk, the world’s leading insulin producer. The partnership has enabled Eskayef to produce insulin in both vial and Penfill formats, helping ensure access to quality insulin for patients living with diabetes.As part of its latest expansion, Eskayef is establishing a third insulin vial production line to significantly enhance its production capacity and meet growing...

Sep212026 by Statement DeskNo Comments

Shimanto Bank signed aparticipatory agreement with Bangladesh Bank for CMSME Working Capital Refinance Scheme

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Shimanto Bank has recently signed a participatory agreementwith Bangladesh Bank to facilitate financing at a concessional interest rate and on simplified terms under the BDT 5,000 crore CMSME Working Capital Refinance Fund. The fund has been established under the BDT 60,000 crore stimulus package announced by Bangladesh Bank to ensure adequate working capital financing for the CMSME sector, strengthen the productive capacity of viable enterprises, and accelerate economic activity through increased production, business operations, and employment generation. Under this fund, operational CMSMEs struggling to run at full capacity due to a working capital crunch will receive financing facilities at a concessionary interest rate of just 9% p.a.Md. Zabdul Islam, Director (SMESPD), Bangladesh ...

Sep202026 by Statement DeskNo Comments

MetLife Launches Health Insurance

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MetLife Bangladesh has launched the MetLife Health Savings Plan (MHSP), a first-of-its-kind solution in Bangladesh's life insurance industry that combines protection against major illnesses, health-focused savings accumulation, and convenient access to healthcare funds in a single plan.The launch comes at a time when healthcare costs are becoming an increasingly important financial concern for Bangladeshi families, while insurance penetration in Bangladesh remains significantly below global averages, highlighting the need for innovative solutions that promote financial preparedness and protection.Designed to help customers prepare financially for future healthcare needs, the MetLife Health Savings Plan goes beyond traditional health protection by enabling policyholders to build a d...

Sep172026 by Statement DeskNo Comments

HBL Celebrates 50 Years in Bangladesh

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HBL celebrated 50 years of its operations in Bangladesh, marking decades of partnership with the country and its businesses. Since commencing operations in Bangladesh in 1976, HBL has grown alongside its customers, supporting trade, investment and financial flows and connecting businesses across markets.To mark the occasion, HBL has hosted celebrations in Dhaka attended by clients, regulators, business leaders and senior executives of the Bank, including Sultan Ali Allana, Chairman – HBL, and Muhammad Nassir Salim, President & CEO – HBL.Over five decades, HBL has built a strong presence in Bangladesh, supporting businesses and financial institutions as they participate in domestic and international markets. As Bangladesh’s economy continues to deepen its global trade and invest...

Sep172026 by Statement DeskNo Comments

BRAC Bank and SSL Wireless partner to advance inclusive digital financing

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BRAC Bank and Software Shop Limited (SSL Wireless) have entered into a Memorandum of Understanding (MoU) to expand access to formal banking and financing for micro and small entrepreneurs operating in the growing e-commerce and f-commerce ecosystem in Bangladesh.Signed at BRAC Bank’s Head Office in Dhaka on August 30, 2026, the MoU brings together BRAC Bank’s strength in SME and inclusive finance with SSL Wireless’ established digital commerce ecosystem. The partnership aims to connect digital entrepreneurs with relevant financial services to support their businesses and growth.The collaboration will create opportunities for merchants, partners and sellers within SSL Wireless’ ecosystem to access BRAC Bank’s banking and financing solutions, subject to the Bank’s applicable assessme...

Sep162026 by Statement DeskNo Comments

Digital ticketing makes public transport more efficient and life better

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Digital ticketing could go well beyond replacing paper tickets, helping make Bangladesh’s public transport system more transparent, accountable and data-driven, while improving passenger services and transport planning, policymakers and sector stakeholders said today.They said digital systems could bring greater transparency to fare collection, reduce revenue leakage for government and generate reliable data on passenger movement, peak travel periods and route demands. Such data, they noted, could help authorities and operators make better decisions on routes, fleet deployment, infrastructure and services.But to unlock these benefits, Bangladesh will need more than technology, they said. Interoperability among different transport and payment platforms, secured transactions, appropr...

Sep162026 by Statement DeskNo Comments

Banglalink’s orange club members to enjoy exclusive discount at Aarong

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Members of Banglalink’s loyalty platform Orange Club can now enjoy an exclusive 10 percent discount on purchases from popular lifestyle brand Aarong, helping them make their festive shopping more rewarding as the season approaches. This discount can be availed on purchases made through Aarong.com and the Aarong App.To bring the exclusive discount to its Orange Club members, Banglalink signed an agreement with Aarong on September 10 at Aarong Centre in the capital’s Tejgaon.The signing ceremony was attended by Mohammad Asifur Rahim, Deputy Director, Product; Zain Zaman, Senior Manager; Shahadat H Mazumder, Partnership Manager; from Banglalink.Representing Aarong were Tamjid Bin Anis, Deputy General Manager, E-Commerce & Corporate Sales, BRAC-Aarong; Atanu Bhakta, Deputy Gene...

Sep162026 by Statement DeskNo Comments

‘Redmin Horizon 2026’ Held to Build a Self-Reliant Bangladesh in the Chemical and Industrial Sector

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The Annual Partner Summit 'Redmin Horizon' of Redmin Industries Limited, one of Bangladesh's leading manufacturers of chemical and industrial raw materials, was held in Dhaka. The day-long event took place recently at the Dhaka Regency Hotel in the capital. Senior officials of Redmin Industries Limited, along with distributors from across Bangladesh, participated in the event. Redmin Industries Limited began its journey in 2022. Known as a rapidly growing manufacturer, supplier, and distributor, the company supplies high-quality chemicals, adhesives, and thinners, alongside industrial and commercial solutions, printing and packaging inks, hot melt glue, hygiene glue, toys, baby products, and agro products. Building a more advanced, technology-driven, and self-reliant chemical and industri...

Sep152026 by Statement DeskNo Comments

Samsung Bangladesh appoints Mohammad Shahriar as Head of Product Planning for MX Business

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Samsung Bangladesh has recently appointed Mohammad Shahriar as Head of Product Planning for its Mobile eXperience (MX) Business. In his new role, Shahriar will oversee the complete life cycle, lead Go-To-Market (GTM) strategies, manage pricing, and orchestrate high-impact marketing campaigns to strengthen Samsung's leadership in mobile devices market. Shahriar has worked with Samsung for over 12 years, most recently serving as the Chief Manager and Head of Sales Team Training. In this position, he led a team of 13 members dedicated to developing training content and delivering sessions, where he spearheaded capacity-building programs for regional sales leaders, B2B managers, and more than a hundred sales representatives. Prior to Samsung, he was associated with Robi Axiata Limited, servin...