Business Archives - Page 2 of 99

May182026 by Statement DeskNo Comments

BRAC Bank to offer digital cash management solutions to Karmasangsthan Bank

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

Breaking News, Business

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

Breaking News, Business

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...

May122026 by Statement DeskNo Comments

OMODA & JAECOO targets annual million-unit sales; OMODA 4 rolls off

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OMODA & JAECOO has officially launched its ambitious “From Million to Annual Million” strategy at the Chery International Business Summit (IBS) in Wuhu, China. The event also marked the global rolling-off ceremony of the all-new OMODA 4, a move aimed at solidifying the brand’s footprint in the global new energy vehicle market. The announcement comes on the heels of the brand surpassing the cumulative sales milestone of one million units within just three years. According to the company, monthly sales have grown exponentially, rising from 10,000 units in March 2023 to over 60,000 units in March 2026. The brand currently operates in 69 markets worldwide. Departing from traditional corporate launches, the event featured 16 owners from five continents walking the runway to share thei...

May122026 by Statement DeskNo Comments

Unilever Bangladesh, Chattogram City Corporation and YPSA extend partnership to advance plastic waste management in Chattogram

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Unilever Bangladesh Limited (UBL) has renewed its tripartite partnership with Chattogram City Corporation (CCC) and Young Power in Social Action (YPSA) for a further two years, continuing joint efforts to strengthen the plastic waste management value chain and improve the livelihoods of waste workers in Chattogram. The renewal was formalised through a Memorandum of Understanding (MoU) at a ceremony attended by Dr Shahadat Hossain, Hon'ble Mayor of Chattogram City Corporation (CCC), as Chief Guest. Captain Ikhtiar Uddin Ahmed Chowdhury (S), BN, Chief Conservancy Officer of CCC; Mohammed Arifur Rahman, Founder and CEO of YPSA; Ruhul Quddus Khan, CEO and Managing Director of Unilever Bangladesh Limited; and Shamima Akhter, Director Corporate Affairs, Partnerships and Communications at Unil...

May92026 by Statement DeskNo Comments

Intex Bangladesh 2026 to showcase global textile sourcing solutions in Dhaka

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Intex Bangladesh 2026, the Bangladesh edition of the Intex South Asia textile sourcing series, is set to return to Dhaka with wider international participation and a stronger focus on sustainable and innovative sourcing solutions. The exhibition will be held from June 18 to 20, 2026, at the International Convention City Bashundhara (ICCB). The Intex South Asia series has completed 17 editions across Bangladesh, Sri Lanka, and India over the past 11 years. The event aims to connect global textile suppliers with Bangladesh’s apparel and textile manufacturers, supporting the country’s growing role in global apparel production. This year’s edition is expected to attract exhibitors and industry stakeholders from countries including India, China, Thailand, Hong Kong, Taiwan, Uzbekistan, the U...

May82026 by Statement DeskNo Comments

EMGS “Study in Malaysia” Education Expo Bangladesh-2026 kicks off in Dhaka

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EMGS “Study in Malaysia” Education Expo Bangladesh-2026 kicks off in Dhaka on Friday. High Commissioner of Malaysia to Bangladesh formally inaugurated the expo at the Hotel Sarina, Banani in the capital while the head of Malaysian delegation, Moeen Uddin Ahmed Khan, Head of South Asia, EMGS was present. Education Malaysia Global Services (EMGS), a company under the Ministry of Higher Education Malaysia, organized the expo with the aims to Connect Bangladeshi Students with 12 Leading Malaysian Universities. The “Study in Malaysia” Education Expo Bangladesh 2026, a multi-city initiative designed to bring authentic, first-hand information on Malaysian higher education directly to Bangladeshi students, parents, and professionals. The Expo features 12 prominent Malaysian universities,...