Business

Aug142025 by No Comments

Guardian disburses Tk 248.81 crore in H1 2025 claim payouts

Guardian Life Insurance Limited has successfully settled Tk 248.81 crore in insurance claims during the first half (H1) of 2025 (January-June). Of the total amount disbursed, the company paid Tk 138.39 crore in death claims, Tk 95.93 crore in health claims, and Tk 14.49 crore in policy maturity and other claims during the period.Such a strong track record in claim settlement further consolidated Guardian's leadership position in Bangladesh's insurance industry. 95% of the total claims are settled in just three working days, demonstrating its operational effectiveness as well as customer-oriented strategy.Guardian's insurance coverage now protects over 13 million (1.30 crore) people, including employees from more than 500 local and multinational organizations. The company’s client b...

Aug142025 by No Comments

Regional Business Conference of National Bank Held in Chattogram

Breaking News, Business

National Bank PLC organized its Regional Business Conference in Chattogram on Wednesday, August 13. The event took place at the conference hall of Ambrosia Restaurant, with the bank’s Managing Director, Mr. Adil Chowdhury, attending as the Chief Guest.Among others, Deputy Managing Director Mr. Syed Rois Uddin, Deputy Managing Director (In-Charge) Mr. Md. Meshkat-ul-Anwar Khan, Senior Vice President & Regional Manager (Chattogram) Mr. A.S.M. Helal Uddin, Senior Vice President Mr. Mohammad Towhidul Karim, along with branch managers of 19 branches in the Chattogram region, corporate branch managers, operations managers, and sub-branch managers, were present.The conference reviewed the performance of the corporate and other branches in the Chattogram region.Speaking on the occa...

Aug132025 by No Comments

11th International Yarn, Fabric & Accessories Sourcing show begins on 14th August 2025

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11th Bangladesh Yarn,Fabrics & Accessories Show 2025 will begin from 14th August 2025 at International Convention City Bashundhara. The four day International tradeshow will help country’s RMG sector to source their requirements of Yarn, Fabric & Garment Accessories from international suppliers showcasing at the show.The 11th edition of this show being organized by ASK Trade & Exhibitions Pvt Ltd will have participation from over 100 overseas companies along with Bangladesh companies showcasing their latest collection of Yarn, Fabrics & Accessories to the RMG Sector of our country.The event is targeted at the garment manufacturers & exporters, buying houses and fabric importers enabling them to source from overseas suppliers closer to their doorsteps. Fabric sou...

Aug112025 by No Comments

National Bank and Mastercard Jointly Honor Top Card Users

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National Bank PLC and Mastercard Bangladesh jointly organized an event to honor the top credit card users of the “Mastercard Holiday Campaign 2025” on 10 August 2025. The ceremony was held at the bank’s head office, with Mr. Abdul Awal Mintoo, Chairman of National Bank PLC, attending as the Chief Guest, and Mr. Adil Chowdhury, Managing Director of the bank, presiding over the program. At the event, top credit card users were presented with awards and certificates of appreciation. The award recipients shared their experiences and expressed gratitude for such initiatives. In his speech, Chief Guest Mr. Abdul Awal Mintoo said, “The relationship between a bank and its customers is not limited to financial transactions; it is a bond built on trust, responsibility, and mutual respect. Today’s ...

Aug92025 by No Comments

Panasonic Launches Value Series Mixer Grinders in Bangladesh

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Panasonic, a leader in innovative kitchen appliances, Recently launched its new Value Series Mixer Grinders in the Bangladesh market. This launch marks the brand’s third mixer grinder range in the country, following the success of the AC Series and AV Series. With the Value Series, Panasonic aims to tap into the rapidly growing entry-level segment by offering high performance, safety, and quality—positioning the product as a true “value for money” solution for everyday kitchen needs.The Value Series Mixer Grinder line-up is designed for price-conscious consumers who do not want to compromise on durability and functionality. With this launch, Panasonic continues to strengthen its commitment to making its trusted kitchen technologies accessible to a wider audience. Historically positione...

Aug92025 by No Comments

BRAC Bank wins record 6 awards at Visa Leadership Conclave 2025

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BRAC Bank has achieved an exceptional milestone by winning a record six prestigious awards at the Visa Leadership Conclave 2025.The recognition highlights the bank’s outstanding performance across card issuing, acquiring, and value-added service categories.The bank has secured awards in Excellence in Visa Cross-Border Debit, Excellence in Product Innovation – Cross-Border Medical Debit Card, Excellence in Value Proposition in an Affluent Card, Excellence in Visa E-commerce Business (Issuing), Excellence in Visa POS Acquiring Business and Excellence in Visa E-commerce Acquiring Business.With these six awards, BRAC Bank emerged as the most awarded institution of this year’s conclave, reinforcing its leadership in digital payments, innovation, and cross-border transaction capabili...

Aug72025 by No Comments

National Bank Holds 42nd Annual General Meeting

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The 42nd Annual General Meetings of National Bank PLC was held on Thursday, August 7, 2025, at a convention center in Dhaka. The meeting was presided over by Mr. Abdul Awal Mintoo, Chairman & Sponsor Director of the Bank. Also present were Mr. Moazzam Hossain, Vice Chairman & Sponsor 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; Mr. Adil Chowdhury, Managing Director; Deputy Managing Directors and the esteemed shareholders of the bank.National Bank’s Chairman & Sponsor Director Mr. Abdul Awal Mintoo said in his speech that although many inciden...

Aug72025 by No Comments

Guardian partners with Perfetti Van Melle for employee coverage

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Guardian Life Insurance Limited, a leading provider of corporate group insurance solutions, has entered into an agreement with Perfetti Van Melle Bangladesh Pvt. Ltd. to extend insurance benefits to its employees.Under this partnership, all the employees and the family members of Perfetti Van Melle Bangladesh Pvt. Ltd. will benefit from comprehensive life and medical coverage. The agreement was signed recently at the corporate office of Perfetti Van Melle Bangladesh in Dhaka.Representatives from Guardian, including Sheikh Rakibul Karim, FCA, Additional Managing Director and Chief Executive Officer (Acting) of Guardian; Ghazi Rafi Ahmed Shams, SVP & Head of Group Insurance; Iftakher Ahmed, SVP & Deputy Head of Group Insurance; Abu Hanif, SAVP & Business Lead, Group Insur...

Aug72025 by No Comments

Local Governments Key to Unlocking Investment Potential, Says BIDA Chief

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The Bangladesh Investment Development Authority (BIDA), in collaboration with Swisscontact’s PRABRIDDHI project, on Thursday hosted a high-level workshop in Dhaka to present the findings of the Municipal Competitiveness Index (MCI) 2024—positioning it as a strategic instrument to bolster Bangladesh’s local investment climate.Titled “The Role of the Municipal Competitiveness Index (MCI) in Strengthening the Investment Climate”, the event brought together senior policymakers, development partners, and private sector stakeholders at the BIDA Multipurpose Hall. The workshop showcased the competitiveness and investment readiness of seven pilot municipalities, identifying reform pathways for unlocking economic potential at the subnational level.The MCI, developed under the Bangladesh Inv...

Aug62025 by No Comments

RYZE Launches AI-enabled Offers Celebrating the Power of Youth

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In tribute to the youth of Bangladesh—who have always stood at the forefront of challenging the status quo with courage and conviction over the years—RYZE, Banglalink’s AI-driven lifestyle brand for young people, has unveiled a series of special offers and bundles designed to empower the next generation. This campaign celebrates the enduring spirit of Bangladesh’s youth and their pivotal role in shaping the nation’s future.Recognizing the critical role of communication in uniting student voices during times of change, Banglalink introduced RYZE last year to address the evolving digital needs of today’s youth. Built on the principles of empowerment, upskilling, and inclusion, RYZE offers seamless connectivity alongside cutting-edge AI tools that support learning, productivity, and creat...