Business

Jul72025 by No Comments

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

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

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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

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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

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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

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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

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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...

Jul22025 by No Comments

Formal Inauguration of National Bank’s New Campaign ‘Uttoron’

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As part of its initiatives for deposit mobilization, consumer financing, and credit card services, National Bank PLC has officially launched a special campaign titled ‘Uttoron – Rise Again, Rise with Trust’. The campaign has been specially designed to offer a wide range of services and benefits related to deposit collection, consumer loans, and credit cards. The inauguration ceremony was held on Tuesday, 1 July 2025, at the bank’s head office.Mr. Imran Ahmed, Managing Director (Current Charge) of National Bank PLC, attended the event as the chief guest. In his address, he said, Recently, National Bank has received an overwhelming response from the general public in its third subordinated bond program, which marks a significant milestone for us. Despite various concerns and news surroun...

Jun302025 by No Comments

BRAC Bank Partners with Visa to Launch Visa Direct for Account for Outward Remittance

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BRAC Bank has partnered with Visa, a global leader in digital payments, to launch Visa Direct for Account, enabling customers to enjoy a faster, more reliable, and cost-effective way for outward international money transfers.This strategic collaboration is expected to revolutionise BRAC Bank’s outward remittance capabilities, providing customers with more options for sending funds internationally in a secure way.The customers will now be able to instantly send out funds to 90+ countries in the world, securely and at very low costs. By bypassing the substantial correspondent bank fees required for conventional payment method, this new channel will also reduce the country's foreign currency outflow.The introduction of Visa Direct for Account effectively addresses the limitations ...

Jun292025 by No Comments

Honda Foundation from Japan is organising Honda Young Engineer & Scientist’s (Y-E-S) Award

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Honda Foundation from Japan is organizing Honda Young Engineer & Scientist’s (Y-E-S) Award – 2024in Bangladesh held onJune28, 2025. Today,a prestigious Award for Young University Students who are studying in Engineering & Science fields in the BUET, CUET, KUET & RUET.The ceremony was graced by Mr. Naoki Takahashi, Minister and Deputy Chief of Mission (DCM), Embassy of Japan in Bangladesh, Dr. Ainun Nishat, Chief Evaluator of Honda Y-E-S award program in Bangladesh, Mr. Masaki Tsunoda, Managing Director of Honda Foundation, Mr. Susumu Morisawa, Managing Director & CEO of Bangladesh Honda Private Limited, Mr. Shah Muhammad Ashequr Rahman, Chief Marketing Officer of Bangladesh Honda Private Limited, Mr. Kazuiki Kataoka, JETRO Country Representative of Bangladesh, Mr. Ashir...

Jun282025 by No Comments

BRAC Bank wins Gold at Infosys Finacle Innovation Awards 2025 for Process Innovation

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BRAC Bank has won the Gold Award in the Process Innovation category at the 10th Infosys Finacle Innovation Awards 2025 for its initiative—Automated Transaction Profiling Review and Adjustment.Nurun Nahar Begum, Chief Technology Officer at BRAC Bank, received the award at the official ceremony hosted by Infosys Finacle.This global recognition—selected from over 300 nominations across 10 competitive categories—underscores BRAC Bank’s strategic drive to embed intelligent automation and operational excellence within its core banking architecture.The winning project revolutionises transaction profiling by integrating real-time intelligence and automation to enhance regulatory compliance, reduce manual effort, and sharpen customer risk assessments.Tareq Refat Ullah Khan, Managing...