Business

Jul172025 by No Comments

Shimanto Bank’s 9th AGM Held: 5% Dividend Approved

ShimantoBank PLC. has conducted the 9thAnnual General Meeting (AGM) on 15thJuly, 2025at ShahidCaptain Ashraf Hall at HQ BGB, Peelkhana. The Meeting was presided over by the Director General of Border Guard Bangladesh and Chairman of the Bank Maj Gen Mohammad Ashrafuzzaman Siddiqui, OSP, BSP, SUP, BGBM,ndc, psc, MPhil. Stock Dividendof 5% was approved in the AGM for shareholders. Director’s Report, Auditor’s Report were also approved. Directors were elected and Auditor was appointed in this General Meeting.Maj Gen Mohammad Ashrafuzzaman Siddiqui, Chairmanof the Bank in his welcome speechpresented key financial indicators of the Bank to the stakeholders attended in the AGM. He has emphasized to strengthen further the financial fundamentals of the Bank.He has expressed his expectation th...

Jul142025 by No Comments

Unilever Bangladesh Recognized as the ‘Most Sustainable Company’ with the Highest Number of SDG Awards

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Unilever Bangladesh Limited (UBL), the country’s leading Fast-Moving Consumer Goods (FMCG) company, has been recognized as the ‘Most Sustainable Company of the Year’ in Bangladesh. The company has also received the ‘Most Sustainable FMCG Company of the Year’ award.For over 60 years, this 39.25% government-owned FMCG (Consumer Goods) company has not only been producing and delivering international-standard consumer goods but has also made significant contributions to improving quality of life, driving social progress, and preserving the environment. Unilever Bangladesh Limited (UBL) has been strategically contributing to 13 out of the 17 Sustainable Development Goals (SDGs) set by the United Nations and has positively impacted the lives of approximately 120 million people since 2020. ...

Jul142025 by No Comments

17 Private Banks Sign MoU to Support Universal Pension Scheme

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In a move to strengthen the implementation of the Universal Pension Scheme, the National Pension Authority (NPA) signed a Memorandum of Understanding (MoU) with 17 private banks today, aiming to streamline registration, contribution collection, and API (Application Programming Interface) integration for the system.Speaking as the chief guest at the signing ceremony Secretary, Finance Division Dr. Md. Khairuzzaman Mozumder urged private banks to extend full cooperation and actively promote the pension scheme to ensure wider public participation.“The successful execution of the Universal Pension Scheme depends largely on the sincerity and proactive involvement of our banking partners,” said Dr. Mozumder. He called on the banks to motivate their customers to register and contribute u...

Jul142025 by No Comments

Samsung’s The Grand Invite: Winners get motorbikes

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Samsung Bangladesh recently announced the winners of its 'The Grand Invite' Eid campaign at an event held at Samsung Bangladesh office in the capital. Two lucky winners of the campaign were awarded brand-new Suzuki motorcycles, the stylish Suzuki Gixxer SF and Suzuki Access 125. The winners are Mashrief Bin Zulfiquer and Abu Saleh al Noman, respectively. Additionally, ten more winners received premium home appliances such as Samsung TVs, refrigerators, and microwaves. Earlier, to celebrate Eid-ul-Azha, Samsung Bangladesh had launched a festive campaign featuring a host of exciting prizes and offers from May 20th to June 18th. As part of the campaign, winners enjoyed remarkable prizes, including Samsung appliances and cashback rewards on selected Samsung devices, up to BDT 96,000. Samsu...

Jul132025 by No Comments

20 Years of Connectivity: Banglalink Celebrates with a Customer-First Spirit

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Banglalink, one of Bangladesh’s leading digital operators, has commemorated its 20th anniversary by reaffirming its commitment to customer-centric values. Over the past two decades, the company has been instrumental in bridging digital divide and consistently enhancing user experience through innovative, customer-focused solutions.As part of the celebration, the digital operator is honoring its long-standing customers with gestures such as getaways and special offers, reflecting the company’s ethos that puts customers at the heart of everything the company does and seeks to renew that trust. Demonstrating deep appreciation, Banglalink took its oldest customers, who have been with the telco since day one, to the beautiful shores of Cox’s Bazar, the world’s longest see beach, along with ...

Jul132025 by No Comments

Chinese automotive giants GAC launch new flagship showroom in Dhaka

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Chinese automotive giants GAC continue their expansion into Bangladesh through the launch of a new flagship showroom in the heart of the Tejgaon Industrial Area of the capital.This follows the brand launch in the Dhaka Motor Show in May of this year and strengthens the commitment of both GAC and their official distributor DHS Motors Limited to diversifying the automobile industry in Bangladesh.The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. From the GAC side, Daniel Zhou, Country Manager from GAC International were in attendance, alongside other high officials from the GAC Headquarters in Guangzhou, China.DHS will seek to continue and e...

Jul122025 by No Comments

Allegation of passenger harassment by Emirates sparks concern

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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

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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

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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

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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...