Business Archives - Page 36 of 100

Feb252025 by No Comments

BRAC Bank and British Council launch English Speech Competition for school students

BRAC Bank, in collaboration with the British Council, has jointly launched an English Speech Competition for school students to nurture their extracurricular talent. The initiative aimed at enhancing English proficiency, public speaking skills, and leadership development among school students in Bangladesh. BRAC Bank supports this youth-centric initiative under the banner of its Agami proposition, which is a complete range of student banking services. BRAC Bank, British Council, and Toastmasters International have entered into a partnership agreement to launch the Speech Contest. The signing ceremony, held at the British Council’s Fuller Road office, marks the beginning of a transformative journey for young learners. With participation from 33 schools across five divisions, studen...

Feb252025 by No Comments

Concluding ceremony of the ‘Foundation course for probationary officers and other officials’

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Eleven days long training on ‘Foundation course for probationary officers and other officials’ (General banking module-combined batch) of National Bank has been concluded at the Training Institute of the bank on February 23, 2025. 44 Officers from Head Office and different branches of National Bank participated in this Training Course. Mr. Sheikh Akhter Uddin Ahmed, Managing Director (Current Charge) of National Bank was present in the Concluding ceremony as the chief guest and distributes certificates & prize among the participants. Mr. Shah Syed Rafiul Bari, Principal of NBTI was also present in the program.

Feb242025 by No Comments

BYD SEALION 6 launched in Bangladesh

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BYD, the leading electric vehicle manufacturer, has recently brought in a new vehicle from its SEALION lineup – called BYD SEALION 6 – in the Bangladesh market to step up luxury car experience. BYD SEALION 6, a pioneering DM-i Super Plug-in Hybrid EV, is anticipated to transform the automotive landscape in Bangladesh. To this end, a launching event was held at the BYD showroom located at Tejgaon in Dhaka on 23 February 2025. Hafizur Rahman Khan, Chairman of Runner Group, was present at the event along with other distinguished guests. Guests witnessed the exciting launching ceremony of the BYD Sealion 6, along with an elaborate discussion of its features, specifications and a special presentation with the first customers receiving their keys. "BYD SEALION 6 is the first Super Plug-in Hybr...

Feb242025 by No Comments

United Aygaz LPG Ltd. signs with Teach for Bangladesh for a CSR initiative

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United Aygaz LPG Ltd. and Teach For Bangladesh have officially joined hands in a Corporate Social Responsibility (CSR) initiative, signing a partnership agreement at United Group’s headquarters today. This strategic collaboration will support the project titled ‘Climate Resilient Classrooms for Students for a Greener Tomorrow’, an initiative aimed at fostering leadership among students in Bangladesh and equipping them with the knowledge and skills necessary to drive climate resilience in their communities. Recognizing the vast potential of every student, this initiative seeks to integrate climate-conscious education into the academic framework, empowering the youth to become impactful change-makers. Through this project, students will gain critical insights into environmental sustainabi...

Feb242025 by No Comments

BRAC Bank Mandated to Raise BDT 1,500 Crore for City Sugar Industries through Mortgage-Backed Zero Coupon Bond

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BRAC Bank has been entrusted by City Sugar Industries Limited, a flagship concern of City Group and an AAA-rated corporate entity, to facilitate fund mobilization through the issuance of the Teer 100% Mortgage-Backed Zero Coupon Bond worth BDT 1,500 crore (Face Value). The bond issuance is subject to approval from the Bangladesh Securities and Exchange Commission. This pioneering three-year bond, fully secured and structured to offer an attractive return, is designed to cater to a diverse investor base, including individuals and corporate entities across Bangladesh. By introducing this medium-term financial instrument, the initiative aligns with the evolving risk appetites of institutional and retail investors while contributing to the deepening of the country’s capital market. Th...

Feb232025 by No Comments

11th Digital Summit Unites Industry Leaders to Shape the Future of Digital Transformation

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Bangladesh Brand Forum hosted the highly anticipated 11th edition of the Digital Summit, presented by Meghna Group of Industries (MGI), at InterContinental, Dhaka, on Saturday, February 22, 2025. This significant event served as a premier platform for distinguished industry leaders, digital experts, marketing professionals, and business strategists to convene and explore the dynamic and ever-evolving digital landscape. The summit facilitated in-depth discussions on how businesses and brands can navigate the complexities of digital transformation while staying attuned to shifting consumer behaviors and emerging technological innovations. Guided by the overarching theme “Digital Renaissance: Innovating for Tomorrow’s Consumer,” this year’s summit took a forward-thinking approach to analyz...

Feb222025 by No Comments

BRAC Bank to provide student fee collection service to East West University

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BRAC Bank has entered into an agreement with East West University to provide student fee collection services. This partnership aims to ensure seamless and efficient fee collection facilities for the university and its students. The technological integration between the two organisations will facilitate secure, smooth, and real-time fee and charge payments. Students and their guardians will benefit from BRAC Bank’s extensive distribution network, which includes 189 branches, 74 sub-branches, and over 1,100 agent outlets for fee deposits. The bank will also integrate its Astha App and Online Payment Gateway to further streamline payment processes. Sheikh Mohammad Ashfaque, Deputy Managing Director and Head of Branch Distribution Network at BRAC Bank, and Air Cdre (Retd) Ishfaq Ilahi...

Feb202025 by No Comments

Bangladesh Team Meets Japanese Business Leaders to Strengthen Trade

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A high-level delegation from Bangladesh, led by Mr. Chowdhury Ashik Mahmud Bin Harun, Chairman of the Bangladesh Investment Development Authority (BIDA), met with top Japanese companies and business groups in Osaka to build stronger trade and investment ties. This effort is part of Bangladesh’s plan to attract more foreign direct investment (FDI) and expand its international trade network. The delegation also included the BIDA Director General, Head of Business Development, representatives from Bangladesh Bank and the National Board of Revenue (NBR), and the Commercial Counsellor from the Bangladesh Embassy in Tokyo. The team met with Mr. Shoji Uehara, Executive Officer of Daikin Industries Ltd., a world leader in air conditioning, automotive products, and semiconductors. Daikin showed ...

Feb202025 by No Comments

Orange Club members to enjoy special discount at Holiday Inn Dhaka

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Country’s innovative digital operator Banglalink has partnered with Holiday Inn Dhaka City Centre to elevate the lifestyle experience of its Orange Club members. Banglalink prioritizes its customers and their lifestyle needs. As part of its continued endeavors, the digital operator often comes up with offers to enhance customers’ experience. In its continuation, Banglalink has inked a deal with Holiday Inn. Under this partnership, Orange Club members, Banglalink's loyalty programme, can avail 20% discount on all the food & beverage outlets of the hotel. From Banglalink, its Loyalty Program’s Senior Manager Zain Zaman; Loyalty Partnership Manager Shahadat H Mazumder; and from Holiday Inn, its Director of Operations Shahidus Sadeque Talukder; Director of Finance & Business Suppor...

Feb202025 by No Comments

BRAC Bank expands global remittance network with six new international partners

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BRAC Bank has strengthened its international remittance network by partnering with six leading exchange houses in the UK, Canada, Italy, the UAE, Oman, and Qatar. This strategic move enhances financial services for Bangladeshi wage earners abroad, ensuring secure and seamless money transfers. With BRAC Bank’s trusted digital remittance channels, expatriates can now send money home more conveniently. Many new partners offer app-based, cashless transactions, enabling a fully digital experience. Migrants can transfer funds instantly to BRAC Bank accounts and access full-fledged internet banking through BRAC Bank’s digital banking app, Astha. BRAC Bank’s continued expansion enhances connectivity for remittance beneficiaries with expatriates from all over the world, including the Middl...