Business Archives - Page 2 of 29

Apr62024 by News DeskNo Comments

Essential Drugs Company Ltd. to get insurance services from MetLife

Essential Drugs Company Limited (EDCL), a renowned Bangladeshi pharmaceuticals company penned a contract with MetLife to provide insurance facilities to their employees in Bangladesh. As part of this contract, around 4,500 employees of EDCL will receive insurance support for Death & Disability Coverage. The company has chosen MetLife as their employee insurance provider because of the insurer’s customized solutions, faster payment of insurance claims and financial strength. EDCL is a leading producer of various antibiotics and other lifesaving medicines with its state-of-the-art plants in Gopalganj, Manikganj, Khulna, Tangail and Bogra. In Bangladesh, MetLife provides insurance protection to over 300,000 employees and their dependents of more than 900 organizations. In the year 2...

Apr62024 by News DeskNo Comments

United Commercial Bank PLC & Zaytoon Business Solutions LTD forge digital collaboration to empower marginalized communities and foster rural financial development

Breaking News, Business

United Commercial Bank PLC (UCB PLC) and Zaytoon Business Solutions have recently announced a transformative digital collaboration aimed at uplifting financial literacy among marginalized communities and driving growth in the rural areas so that people can have access to financial services at a minimal cost, contributing to the vision of a Smart Bangladesh. Mr. Arif Quadri, Managing Director and CEO of UCB, and Mr. Arfan Ali, Chairman of Zaytoon Business Solutions Ltd. signed the agreement on behalf of their respective organization at UCB Corporate Head Office in Dhaka, on 4 April, 2024. Mr. Quadri said, "This collaboration epitomizes our shared vision of a Smart Bangladesh, where digital innovation uplifts financial literacy among marginalized people, contributes to the growth of vi...

Mar112024 by News DeskNo Comments

Smart Technologies Employees Receive Award

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The prominent Tech Company, Smart Technologies (BD) Limited, honored its employees for their exceptional contributions to official duties. Recently, during an exclusive event held at Jahir Smart Tower Dhaka, recognition was given to the employees of the smart corporate team. Mohammad Zahirul Islam, Managing Director of Smart Technologies (BD) Limited, S M Mohibul Hasan, Deputy Managing Director of Smart Technologies (BD) Limited, Abu Mostofa Chowdhury Sujon, Director, Software and Enterprise Solutions, Zafor Ahmed, Director, Distribution Business and Muzahid Al Beruni Suzon, Director, Channel Sales, along with other top executives of the organization were present at the event. Mohammad Zahirul Islam, Managing Director of Smart Technologies (BD) Limited stated at the event that, Smart T...

Jan222024 by News DeskNo Comments

Haier Launched New Products in Partners Meet Program-2024

Breaking News, Business

Haier, the Global NO.1 Appliance Brand has introduced a new product Lineup in Bangladesh Market in the “Forward Together” Partners Meet -2024 held at ICCB on 22nd of January’2024. Haier is the world's only IoT Ecosystem Brand that has been ranked on the list of ‘Brands Top 100 Most Valuable Global Brands’ for four years straight and topped Global no 1 as Major Appliances Brand by Euromonitor International for 15 consecutive years. In 2022, its global revenue reached USD 50.3 billion, and our brand value reached USD 68.1 billion. Haier introduced new product lineups in this occasion. Including the first Solar Hybrid AC in Bangladesh, a revolutionary air-conditioning system ensuring 100% energy savings without additional electricity charges. S900 series QLED TV loaded with advanced technol...

Jan152024 by News DeskNo Comments

‘Gas Monkey’ app offers LPG cylinder home delivery

Breaking News, Business

IT-based startup company Gas Monkey is offering home delivery of LPG cylinders. LPG cylinders can be ordered at the price fixed by the government through the Android or iOS app. The customer can choose their desired brand of LPG cylinder. 'Gas Monkey' provides home delivery and cylinder setup in quick time. The company announced this information in a press release on Monday. According to the press release, the LPG industry in Bangladesh has grown 15 times in the last 10 years and is expected to grow another 10 times by 2030. The country uses an average of 90 lakh cylinders every month. Currently, consumers of LPG need more opportunities to choose the brand, and customers need to be made aware of the exact government-fixed price of the right product. Even those directly involved in this ...

Jan152024 by News DeskNo Comments

Energypac brings home ‘Brand Star Award’

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Energypac Power Generation PLC has recently been awarded with the ‘Brand Star Award’ for its contribution to making JAC vehicles popular among cross-sections of people of Bangladesh. The award was announced during the gala event of JAC Global Partners Conference 2024 held at Hefei, China. Humayun Rashid, Managing Director and CEO of Energypac Power Generation PLC, received the award on behalf of his company. It is mentionable that Energypac is the sole partner of JAC Motors, a renowned Chinese automobile and commercial vehicle manufacturer. Energypac has been leaving remarkable marks in the transport industry of the country by delivering world-class products and services as an exclusive distributor of JAC Motors. To popularize JAC vehicles in Bangladesh, Energypac has devised thematic co...

Jan132024 by News DeskNo Comments

Rancon Group introduces the modern 1-ton pickup ‘Rowor’ in Bangladesh

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Manufactured by Rancon Auto Industries Limited in Boro Bhobanipur, Kashimpur, Gazipur, this pickup is set to revolutionize the transportation sector with its durable frame, powerful engine, and impressive towing capacity. The first unit of Rowor was successfully produced early in the new year, under the banner of Rancon Automobiles Limited. A grand opening ceremony recently took place, with Arman Rashid, Chief Business Officer of Rancon Automobiles Limited, as the Chief Guest, and Mr. Lee, Country Director of Rowor, as a special guest. In his speech, Arman Rashid highlighted the increasing demand for commercial transport in Bangladesh, expressing confidence that the 'Rowor' pickup would make a significant impact. Rowor's features, including a durable frame, powerful engine, spacious ...

Dec162023 by News DeskNo Comments

CAL Bangladesh employees are now under MetLife insurance coverage

Breaking News, Business

CAL Bangladesh inked a contract with MetLife to avail insurance facilities for its employees. As part of this contract, all employees of the CAL Bangladesh and their dependents will receive financial support for medical treatments and loss of life. The company selected MetLife as the employee insurance provider because of the insurer’s customized solutions, online claims settlement service, faster payment of insurance claims and financial strength. CAL Bangladesh is a financial services company offering Stock Brokering, Investment Banking & Wealth Management services to a diverse group of clients. CAL Bangladesh is a part of CAL Group. CAL is also present in Sri Lanka where it is the market leader in the Investment Banking, Stock Broking & Asset Management. In Bangladesh, ...

Dec162023 by News DeskNo Comments

Grameenphone’s communication partners sweep Digital Marketing Awards 2023, garnering the highest number of awards

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It was an evening of celebration for Grameenphone and its communication partners, as the leading telecommunications brand won the highest number of awards at the 7th Edition of Digital Marketing Award 2023 by Bangladesh Brand Forum recently at a hotel in Dhaka. Grameenphone secured an astounding total of 25 awards, the highest number for any brand this year! There are six Gold, nine Silver, and ten Bronze among the awards. The campaigns embodied Grameenphone’s brand essence of fostering a culture of creativity and passionate communication, along with its communication partners – Grey Dhaka and Mindshare Bangladesh. Mohammad Sajjad Hasib, Chief Marketing Officer, Grameenphone, also graced the occasion as a panelist in the discussion titled “Creating Engaging and Impactful Marketing Narrati...

Dec162023 by News DeskNo Comments

iFarmer, Padma Bank partner in financing cooperation for farmers and entrepreneurs

Breaking News, Business

Recently, an agreement was signed between iFarmer and Padma Bank to accelerate financing cooperations for farmers and entrepreneurs in the agriculture sector in remote areas of the country. This marks a remarkable partnership between Padma Bank and iFarmer to facilitate the farmers in many ways and allow their easy access to financial needs directly from financial institutions. iFarmer has been providing agricultural advice and equipment-related services while purchasing farmers-produced goods to improve the agriculture ecosystem. This agro-tech company is relentlessly working with more than 1 lakh registered farmer families in Bangladesh. Jamil M Akbar, Co-Founder and Chief Operating Officer of iFarmer; Tarek Riaz Khan, Managing Director & CEO of Padma Bank Ltd., and Dr. Moham...