Business Archives - Page 21 of 100

Jul122025 by No Comments

Allegation of passenger harassment by Emirates sparks concern

Allegations of passenger harassment by Emirates Airlines have come under scrutiny after a 71-year-old Bangladeshi-origin US citizen was reportedly denied wheelchair assistance and left standing for hours during her journey to New York, raising concerns over the airline’s passenger service standards despite its significant operations in Bangladesh. Laila Hussain, who was travelling from Dhaka to JFK on July 10 via Emirates Flights (Ticket number 1767216423865) EK587 (seat 11 H) and EK 205 (seat 47C), was initially provided a wheelchair at Dhaka airport. However, upon landing at Dubai International Airport, despite informing the cabin crew of her inability to walk, she did not receive a wheelchair at the gate as promised, her family alleged. Emirates ground staff reportedly instructed he...

Jul102025 by No Comments

National Bank holds the 526th Meeting of the Board of Directors

Breaking News, Business

The 526th meeting of the Board of Directors of National Bank was held on July 9, 2025. The meeting was presided over by Mr. Abdul Awal Mintoo, Chairman and Sponsor Director of the Bank. The meeting was attended by Mr. Moazzam Hossain, Vice Chairman & Sponsor Director; Mr. Zakaria Taher, Chairman of the Risk Management Committee & Director; Mr. Muklesur Rahman, Chairman of the Executive Committee & Independent Director; Mr. Md. Abdus Satter Sarkar, Chairman of the Audit Committee & Independent Director; Mr. Md. Zulkar Nayn, Independent Director; Professor Dr. Melita Mehjabeen, Independent Director; Managing Director Mr. Adil Chowdhury, Deputy Managing Director Mr. Imran Ahmed, and Company Secretary Mr. Md. Kaiser Rashid. During the meeting, newly appointed Managing Directo...

Jul102025 by No Comments

Hitachi Launches Top Load Smart Washing Machines and Dishwashers for the First Time in Bangladesh

Breaking News, Business

Hitachi, the global leader in home appliances, in collaboration with Transcom Digital, proudly introduces its Top Load Smart Washing Machines and Dishwashers in Bangladesh for the very first time. This launch marks a significant milestone for Bangladeshi consumers, who can now enjoy international-standard performance, durability, and design from a globally trusted brand. Hitachi’s Top Load Smart Washing Machines are equipped with Smart Wash, Air Jet Dry system, Auto Balancer, Soaking Function, 19-minute Half Load, 28-minute Speed Wash Programs, soft-close lids, and tempered glass covers — all designed to deliver powerful cleaning with ease and efficiency. The Dishwashers boast 11 advanced technologies, including Steam Shine Function, Auto Open Door, Surround Wash Technology, Hygiene Ca...

Jul82025 by No Comments

BRAC Bank Unveils Bangladesh’s First Climate Risk Report Under IFRS Standards

Breaking News, Business

BRAC Bank has published the country’s first independent IFRS S1 and S2 Report—a globally aligned framework for climate and sustainability risk disclosure developed by the International Sustainability Standards Board (ISSB). With publication of the maiden IFRS Report, BRAC Bank becomes the only bank in Bangladesh, and one of the few globally, to adopt the newly introduced standards—positioning itself at the forefront of transparency, corporate responsibility, and climate governance both nationally and internationally. Introduced in 2023, the International Financial Reporting Standards (IFRS) S1 and S2 standards provide a unified, investor-focused framework for disclosing sustainability- and climate-related financial information. BRAC Bank has taken a pioneering step by voluntarily int...

Jul72025 by No Comments

Galaxy Bangladesh Founder & Chairman Taufiq Uddin Ahmed Receives Lifetime Achievement Award

Breaking News, Business

Taufiq Uddin Ahmed, Founder and Chairman of Galaxy Bangladesh, has been honored with the ” Lifetime Achievement Award” at the “Share Trip-Monitor Airline of the Year 2024” for his remarkable contributions to the development of Bangladesh’s travel and tourism industry spanning over five decades. The award, the country’s only aviation & travel industry-focused recognition, was presented at a ceremony held at the Pan Pacific Sonargaon Hotel in Dhaka, where the Jury Committee lauded his “visionary leadership and pioneering role in transforming the travel sector in Bangladesh.” Mr. Taufiq Uddin Ahmed embarked on his remarkable journey in 1972, establishing Galaxy Travel International at a time when Bangladesh’s travel sector was at its infancy. Operating from a modest office in Dhaka’...

Jul72025 by No Comments

Adil Chowdhury is the Managing Director of National Bank

Breaking News, Business

Mr. Adil Chowdhury has joined as the Managing Director of National Bank PLC on Monday, July 7, 2025. With over 25 years of experience across both domestic and international banking institutions, Mr. Chowdhury brings a proven track record of leadership, transformation, and a strong sense of purpose to his new role. His appointment marks a pivotal moment for NBPLC, the country's first private sector bank fully owned by Bangladeshi nationals, as it seeks to restore its financial stability and regain public trust. Widely respected in the local banking community, Mr. Chowdhury is known for his focus on sustainable business growth, strong ethical standards, and employee development. He believes in cultivating a culture of work-life balance and accountability, rewarding dedication and performa...

Jul62025 by No Comments

First quarter of 2025, Guardian settled claims worth BDT 129 crore

Breaking News, Business

Guardian Life Insurance Limited continues to solidify its leadership in Bangladesh's insurance industry with strong performance in claim settlement and innovative distribution strategies. In 2024, Guardian settled insurance claims worth BDT 439 crore. Continuing this momentum, in the first quarter of 2025, Guardian settled claims worth BDT 129 crore, reflecting a 34% growth compared to the same period in the previous year. Demonstrating its operational efficiency and customer-first approach, 95% of all claims are now settled within just three working days, with initiatives underway to reduce this even further. Guardian's insurance coverage now protects over 1.26 crore people, including employees from more than 500 local and multinational organizations. The company distributes its insura...

Jul42025 by No Comments

BRAC Bank partners with United Hospital to organize Health Camp and Awareness Session for coworkers

Breaking News, Business

BRAC Bank, in collaboration with United Hospital, organized a day-long health camp and awareness session on fatty liver prevention and treatment. The event took place on May 21, 2025, at the bank’s Head Office in Dhaka, aiming to promote health awareness among coworkers and their families. Through this initiative, BRAC Bank reaffirmed its commitment to employee well-being by providing access to essential medical services and expert consultations, fostering a workplace culture of health and care. The health camp featured two key awareness sessions led by expert medical consultants. Chowdhury Tasnim Hasin, Chief Clinical Dietitian, shared expert advice on ‘Diet to Prevent Fatty Liver,’ emphasizing the importance of nutrition in managing liver health. Dr. Iftikhar Imam, Junior Consul...

Jul22025 by No Comments

Salesforce Launches Agentforce 3 to Solve the Biggest Blockers to Scaling AI Agents: Visibility and Control

Breaking News, Business

Salesforce has announced Agentforce 3, a major upgrade to its digital labor platform aimed at eliminating the biggest blockers to scaling AI agents in enterprises: lack of visibility and control. As enterprise adoption of AI agents accelerates, Salesforce noted that many organizations struggle to see what agents are doing and cannot evolve them fast enough to maximize productivity. Built on insights from thousands of deployments since its October 2024 launch, Agentforce 3 equips leaders to monitor, improve, and scale their AI workforce confidently, with new observability tools, native support for Model Context Protocol (MCP), and over 100 new prebuilt industry actions for faster deployment. Customers using Agentforce have already reported measurable impacts, including Engine reducing...

Jul22025 by No Comments

BRAC Bank hosts Compliance Meet for bank officials

Breaking News, Business

BRAC Bank has hosted a Regional Compliance Meet 2025 aimed at reinforcing the importance of good governance, compliance and strict regulatory adherence among its officials. Approximately 250 officials from 38 branches and sub-branches across three Regions, as well as Premium Banking and Retail Sales, participated in the Compliance Meet on June 21, 2025, in Gulshan, Dhaka. The initiative underscores the bank’s commitment to regulatory adherence, ethical banking, enhanced compliance and good governance. The day-long programme featured interactive sessions, knowledge-based quizzes, and formal recognition of the most compliant branches, highlighting the importance of ownership and creating broader accountability in both regulatory directives and internal compliance, as per processes and...