Business

Jun272025 by No Comments

TotalEnergies partners with Asian Petroleum to launch ELF Lubricants in Bangladesh

To make ELF Lubricants widely available in the Bangladesh market, TotalEnergies Marketing Asia Pacific and Middle East (TEMAPME) has recently signed a strategic distributor agreement with Asian Petroleum Limited (APL). Through this maiden partnership, Asian Petroleum became TotalEnergies’ first authorized distributor of ELF lubricant products in the country.This milestone partnership highlights the global expertise of TotalEnergies in lubricant technology and its commitment to Bangladesh as an emerging economy. With Asian Petroleum’s robust distribution network, TotalEnergies looks forward to creating a synergy that promises to deliver high-quality engine oils and transmission fluids to motoring customers across the country.To celebrate this collaboration, a launch event was organ...

Jun262025 by No Comments

Axentec Launches Bangladesh’s First Locally Hosted Tier-4 Cloud Platform

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In a major milestone for the country’s digital infrastructure, Axentec PLC has officially launched Axentec Cloud, Bangladesh’s first Tier-4 cloud platform fully hosted and operated within the country. The platform is a flagship offering from Axentec PLC, an affiliate of Robi Axiata PLC.The announcement was made at a press event held today at Axentec’s corporate headquarters in Dhaka, attended by senior journalists and technology editors. The event highlighted the cloud platform’s technical architecture, capabilities, and its strategic importance to the nation’s digital future.According to the company, Axentec Cloud is the first enterprise-grade cloud platform in Bangladesh to meet Tier-4 standards for reliability, security, and scalability. It is fully managed locally, with a Tier-...

Jun262025 by No Comments

BRAC Bank hosts legal workshop on court proceedings under Artha Rin Adalat Ain

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BRAC Bank has recently organised a daylong workshop titled “Practical Court Proceedings under Artha Rin Adalat Ain and Related Laws”.The workshop was conducted by Mohammad Manirojjaman, Senior Assistant Secretary (Joint District and Sessions Judge), Ministry of Law, Justice and Parliamentary Affairs.Eighty officials from the bank’s head office and regional offices joined the session on June 22, 2025 under the initiative of its Legal and Recovery Division.Tareq Refat Ullah Khan, Managing Director & CEO (Current Charge), BRAC Bank, attended as the chief guest, while Indrajit Sur, Acting Head of SME Banking, was present as the special guest. Barrister Rasheed Ahmed, Chief Legal Officer, and Mustafizur Rahman, Head of Litigation Management at BRAC Bank, were present in the know...

Jun252025 by No Comments

Intex Bangladesh 2025 Opens, Strengthening Country’s Global Textile Position

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Bangladesh further solidifies its global standing in the apparel industry as the 16th edition of Intex Bangladesh Expo 2025 officially opens today at the International Convention City Bashundhara (ICCB). The three-day international textile sourcing show is set to host over 125 companies from more than 10 countries, providing a dynamic platform for global buyers, suppliers, and manufacturers. As the world’s second-largest apparel exporter, Bangladesh continues to attract international interest with its high-quality, value-added manufacturing capabilities. With RMG exports projected to exceed USD 56 billion by 2026, platforms like Intex play a critical role in fostering partnerships, diversifying supply chains, and showcasing innovation across the textile and apparel ecosystem.The openi...

Jun252025 by No Comments

National Bank Holds Insightful Workshop on Governance and Ethics with Dr. Salimullah Khan

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On Tuesday, June 24, a workshop titled “Good Governance, Ethics & Integrity in Corporate Environment & Personal Life” was held at the National Bank Training Institute. The workshop was conducted by Dr. Salimullah Khan, a renowned Bangladeshi academician, writer, and leading intellectual, and a professor at North South University. Mr. Imran Ahmed, Managing Director (CC) of National Bank, attended the event as the Chief Guest. Among the Special Guests were Mr. Kazi Kamal Uddin Ahmed, Deputy Managing Director (In-Charge), Mr. Md. Abdur Rahim, Deputy Managing Director (In-Charge) and Mr. Md. Meshkat-ul-Anwar Khan Deputy Managing Director (In-Charge). Mr. Shah Syed Rafiul Bari, Principal of the National Bank Training Institute were also present. The workshop was attended in person by d...

Jun222025 by No Comments

Honda City e: HEV has arrived in Bangladesh

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The newest addition to the Honda lineup, the Honda City e:HEV, has arrived in Bangladesh,The car was officially launched through an eventrecently held in the Honda Showroom in Tejgaon.In attendance were DHS Motors CEO Imran Zaman Khan, DHS Motors General Managers Arman Rashid and Farhan Samad, and chief guest Zohad Reza Chowdhury, vocalist of the band Nemesis, among other guests.The event featured a presentation on the car, and a simracer competition for the guests, where the winners received various prizes.The launch of yet another hybrid vehicle further bolsters DHS' commitment to the environment and to the government's plan for a greener Bangladesh.Honda City e: HEV is now available for sale from the Honda Showroom in Tejgaon.

Jun222025 by No Comments

BRAC Bank and PriyoShop Launch Embedded Credit Access for Micro-Retailers

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PriyoShop, Bangladesh’s leading B2B platform and smart distribution has partnered with BRAC Bank PLC, the country’s number 1 SME bank and the largest provider of collateral-free loans, to introduce a first-of-its-kind embedded credit solution for micro and small retailers. This strategic partnership aims to bridge the financing gap for millions of underserved micro-retailers across Bangladesh by enabling seamless access to working capital directly within PriyoShop’s digital ecosystem. With data-driven credit scoring and real-time visibility into retailer transactions, BRAC Bank will offer collateral-free credit that is fast, flexible, and tailored to the unique needs of the informal retail sector. Syed Abdul Momen, Additional Managing Director and Head of SME Banking, BRAC Bank, said: “T...

Jun212025 by No Comments

Xiaomi Technologies Bangladesh Private Limited to get insurance services from MetLife

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Xiaomi Technologies Bangladesh Private Limited, one of the leading technology companies in Bangladesh, recently penned an agreement with MetLife Bangladesh to provide insurance benefits to its employees. Under this agreement, employees of Xiaomi Technologies Bangladesh will receive insurance coverage for unforeseen incidents, including loss of life, accidents, disability, hospitalization, maternity, and critical illnesses. The company has selected MetLife Bangladesh as its insurance provider due to MetLife’s consistent track record of claims settlement, customized solutions, advanced dashboards, cashless outpatient and ambulance services, and financial strength, which enables it to settle claims faster and without hassle. Established in 2010, Xiaomi Technologies is a global company ope...

Jun172025 by No Comments

GLIL signed an agreement with the Embassy of France in Bangladesh

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Guardian Life Insurance Limited (GLIL) has recently signed an agreement with the Embassy of France in Bangladesh to offer comprehensive insurance coverage. Under this agreement, all the employees and family members of the French Embassy will be able to avail life coverage and medical benefits from Guardian.The agreement was recently signed in the presence of high officials of both the organizations. Sheikh Rakibul Karim, FCA, Additional Managing Director & Chief Executive Officer (Acting) of Guardian, and H. E. Marie Masdupuy, Ambassador of the Embassy of France in Bangladesh, signed this agreement on behalf of their respective concern.From Guardian, high officials including Mahmudur Rahman Khan, AMD & Head of Retail Business; Md. Sajib Hossain, FCA, SEVP & Chief Financ...

Jun162025 by No Comments

Intex Bangladesh 2025 to Strengthen Industry Partnerships and Expand Global Sourcing Access

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As the garments sector of Bangladesh continues to move towards higher value products and more global integration, Intex Bangladesh returns to Dhaka this June with its renewed purpose and strong international backing. The three-day exhibition, scheduled for 25–27 June 2025 at the International Convention City Bashundhara (ICCB), is likely to feature Bangladesh's growing role and leadership in the global textile and apparel trade arena.Organized by Worldex India Exhibition & Promotion Pvt. Ltd., Intex is poised to stage a comeback in the form of the 16th edition as South Asia's most prestigious international textile sourcing fair with its foundation deeply rooted in Bangladesh. Over the last few years, the fair has played an instrumental role in driving the region's textile and appar...