Business

Jun152025 by No Comments

BRAC Bank promotes ‘Probashi Poribar’ and ‘TARA Probashi Poribar’

BRAC Bank has organised a customer engagement event in Daudkandi, Cumilla, aimed at creating awareness among remittance beneficiary families about the advantages of utilizing formal banking channels and importance of prudent financial management.Held on May 24, 2025, at the Daudkandi Agent Banking Outlet, the 'Uthan Boithak'event witnessed the participation of 160 remittance-receiving family members and local customers. The gathering was graced by the presence of senior officials from BRAC Bank, including Md. Shaheen Iqbal CFA, Deputy Managing Director & Head of Treasury and Financial Institutions; Nazmur Rahim, Deputy Managing Director & Head of Alternate Banking Channels; Shahrear Zamil, Head of Remittance and Probashi Banking; Md. Nazmul Hasan, Head of Agent Banking, BRAC Ba...

Jun72025 by No Comments

Tax Burden May Hurt Recovery Despite Positive Budget Targets- FICCI Warns

Breaking News, Business

The Foreign Investors’ Chamber of Commerce and Industry (FICCI) acknowledged the Government’s commitment in the National Budget 2025-26 towards equitable economic transformation and fiscal consolidation. With a proposed budget size of Tk. 7,90,000 crore (12.7% of GDP), the government has targeted 6.5% GDP growth and a projected decline in inflation to 8%, a significant drop of 321 basis points. FICCI views the budget's reform direction as positive; however, the implementation of certain tax measures may create unintended burdens on industries and individuals. These observations were shared by Zaved Akhtar, President of FICCI, at a post-budget press meet held today at FICCI.FICCI expressed concern over increased tax burdens on compliant individuals and businesses. The Chamber noted that...

Jun62025 by No Comments

BRAC Bank launches Visa ARQ Express International Debit Card for buying houses

Breaking News, Business

BRAC Bank has launched Visa ARQ Express International Debit Card, a pioneering solution designed to empower corporate and institutional clients in Bangladesh to conduct secure and seamless international transactions.This initiative, in partnership with Visa, the global leader in payments, aligns with Bangladesh Bank's recent directive permitting local agent companies to open Agent’s Retention Quota (ARQ) foreign currency accounts to facilitate legitimate overseas cashless payments for garments buying houses and other agents operating in Bangladesh.The Visa ARQ Express International Debit Card enables corporate clients to withdraw cash 24/7 from any ATM worldwide that accepts Visa cards, perform Point-of-Sale (POS) and e-commerce transactions in multiple currencies and enjoy contact...

Jun52025 by No Comments

Mastercard collaborates with ShopUp to empower women-led small businesses in Bangladesh with digital tools for growth

Breaking News, Business

Mastercard Center for Inclusive Growth today announced a new collaboration with commerce platform ShopUp, also supported by the Gates Foundation, to equip womensmall business owners in Bangladesh with the digital skills and tools they need to grow and thrive. This partnership is part of the global Mastercard Strive initiative that aims to support small businesses in their digital adoption and upskilling journey. The program, Porshi, aims to upskill 1,600 small business owners and deliver support to unlock access to a wider range of fast-moving consumer goods, enabling about 40% of the small business owners to consistently use ShopUp’s app for last-mile delivery. “Small businesses have a key role in creating strong and healthy communities,” says Subhashini Chandran, Senior Vice President,...

Jun42025 by No Comments

Banglalink and ICC Communication Join Forces to Accelerate Enterprise Digitalization

Breaking News, Business

Banglalink, the country’s leading innovative digital operator, has signed an agreement with ICC Communication Limited, a nationwide Internet Service Provider, as part of its ongoing commitment to empower enterprises across Bangladesh digitally.Under this agreement, Banglalink will offer a suite of services, including corporate connectivity, a vehicle tracking system, and several other business solutions, which will help ICC enhance its operational efficiency, expand customer outreach, and open new growth opportunities. This partnership reflects Banglalink’s continued commitment to delivering innovative digital solutions that cater to the diverse needs of customers in a more convenient manner.The signing ceremony was held recently at Tiger’s Den (Banglalink Head Office) in the capit...

Jun32025 by No Comments

BRAC Bank partners bKash for 24/7 digital cash management services for agents and distributors

Breaking News, Business

BRAC Bank has partnered with bKash Limited to provide automated cash management services for the mobile financial service provider’s nationwide network of agents, distributors, and merchants.Tareq Refat Ullah Khan, Managing Director and CEO (Current Charge) of BRAC Bank, and Kamal Quadir, Chief Executive Officer of bKash, were present at the agreement signing ceremony held on 28 May 2025 at BRAC Bank’s head office. Syed Abdul Momen, Additional Managing Director and Head of SME Banking at BRAC Bank, was also present.With this partnership, bKash agents and distributors who have accounts with BRAC Bank can now seamlessly purchase e-money for their bKash wallets using funds from BRAC Bank’s SME current accounts and convert the e-money into bank deposits at any time, eliminating the nee...

Jun12025 by No Comments

BRAC Bank offers up to 50% savings this Eid across travel, lifestyle and dining

Breaking News, Business

BRAC Bank cardholders can enjoy up to 50% savings on flights, hotels, shopping, dining, and more with debit and credit cards this Eid-ul-Azha.Flights and TravelInstant discounts up to BDT 5,000 on international flights via ShareTrip (minimum spend BDT 30,000) until May 31. Domestic travel offers up to BDT 4,000 off on GoZayaan bookings of BDT 5,000 or more, valid until June 5. Additional 10% off base fares on US-Bangla Airlines.Tours and HotelsSave up to 60% on stays at select hotels, including Shinepukur Suites, Allegro Suites, Sea Pearl Beach Resort, Chuti Resort Gazipur and Purbachal, Hotel Cox Today, and Ocean Paradise during Eid.Mana Bay adds to the festive spirit with an exclusive Buy 2 Get 1 Free deal, offering even more value for cardholders and families.Sho...

May312025 by No Comments

Banglalink Makes Eid More Enjoyable for Orange Club Members

Breaking News, Business

With Eid-ul-Adha approaching, Banglalink, the country's leading digital operator, is rolling out a wide array of exclusive offers for its Orange Club members, designed to make the occasion more convenient, rewarding, and enjoyable. As families gear up for the Qurbani celebration and prepare their homes for guests, Banglalink has partnered with top-tier electronics brands to make shopping more affordable. Orange Club members can enjoy up to 14% discounts on essential appliances like refrigerators and televisions from renowned brands including Singer, Electromart, Butterfly, Walton Plaza, Jamuna Electronics and Automobiles Ltd., and M.K. Electronics. These offers, available for a limited time with exclusive discount codes, help make home preparation stress-free. To support hassle-free Qurb...

May302025 by No Comments

BRAC Bank enhances health insurance benefits for credit cardholders

Breaking News, Business

BRAC Bank has significantly enhancedhealth insurance benefits for credit cardholders making the cards more attractive with value-added services.For the first time, the bank has added critical illness and in-hospitalisation benefits across all card tiers to its Credit Shield facility, manifesting the bank’s care for health and wellness of the customers.All BRAC Bank credit cardholders, enrolled for Credit Shield, will avail of BDT 5,000 while Visa Infinite cardholders will be eligible for in-hospitalisation coverage of up to BDT 8,000 per night for up to 30 nights—currently the highest offered by any bank in the market.In case of natural death or permanent total disability, the outstanding will be waived and the nominee will be entitled to same amount as outstanding balance (wit...

May292025 by No Comments

Robi Organizes Blood Donation Drive for Thalassemia Patients

Breaking News, Business

Robi Axiata PLC has once again organized a blood donation campaign in support of thalassemia patients, reaffirming its long-standing commitment to health, social responsibility, and community welfare. The initiative, held on 28 May at Robi’s headquarters in Shanta Forum Tower, was conducted in collaboration with the Bangladesh Thalassemia Foundation.More than 100 employees from Robi, Unilever, McDonald, Shanta Holdings, and other organizations within the Shanta Forum community participated in the drive. As part of the campaign, donors also received six free basic health checkups.Following a similar effort last year, Robi continued its support for thalassemia patients by bringing together members of its board of directors and senior leadership at the event. They expressed gratitude ...