Business Archives - Page 43 of 100

Jan12025 by No Comments

Govt approves National Semiconductor Taskforce headed by BIDA

The government has officially approved the formation of a national taskforce on the semiconductor sector, to be led by the Bangladesh Investment Development Authority (BIDA) - setting a benchmark for uniting Non-Resident Bangladeshi (NRB) industry leaders, academics, and top government representatives to drive sectoral growth. The initiative aims to advance Bangladesh’s capabilities in testing, assembly, and chip design, marking a significant step towards unlocking the country's potential in this high-value industry. “Bangladesh’s strategic location near the Asia-Pacific supply chain, competitive labor costs, and young, skilled workforce make it an ideal destination for global semiconductor leaders. By uniting expertise from Bangladeshi diaspora, industry, academia, and policy, we wi...

Dec302024 by No Comments

Rubel Aziz re-elected as the President of Banani Club Ltd

Breaking News, Business

Rubel Aziz has been re-elected as the President of the Banani Club Limited. He will serve in this position for the next year. Rubel Aziz is the Managing Director of Partex Beverage Limited, Partex Plastics Limited, Partex Jute Mills Limited, Partex Aviation Limited, and Partex Properties Limited. He is also a director of The City Bank Limited. The election for the President and Executive Committee Members of the Banani Club was held last Saturday (December 28, 2024). A total of 478 club members cast their votes in this election. Sifat Ahmed Chaudhuri secured the highest number of votes, 401, and was elected as a Member of the Executive Committee. Other elected members of the ten-member Executive Committee include: Syed Ahsanul Apon, Anik Ghosh, S.M. Shamsuddin Bahar, Engr. Mohammad Farh...

Dec302024 by No Comments

BRAC Bank Cricket Team clinches CACA T40 Championship

Breaking News, Business

BRAC Bank Cricket Team has emerged as the Champion in the Corporate Amateur Cricket Association (CACA) T-40 Tournament. BRAC Bank also clinched the trophy in 2021 in T40 format, and in 2022 T20 format, involving the teams from corporate Bangladesh. In the final against Sena Kalyan Sangstha (SKS) on December 28, 2024, at the Police Staff College playground in Mirpur, batting first, BRAC Bank scored 301 in the stipulated 40 overs. Opener Eashan Banik scored 94 off 85 balls and Shahriar Islam Sumon scored 73 runs off 49 balls. In the slog overs, Tahidul Islam Sumon’s 23-ball 41 runs and Amit Ghosh’s 9-ball 23 runs took the score over 300 marks. In reply, SKS was bundled out for 159 runs, providing a 142-run victory for BRAC Bank. Sheikh Abu Sayed of the winning side bagged 4 wickets,...

Dec302024 by No Comments

Energypac and Perkins explore avenues for enhanced power solutions

Breaking News, Business

An interactive and insightful meeting was held between Energypac Power Generation PLC. and Perkins Diesel Engine User Team to discuss benefits of using genuine spare parts and avenue for introducing more advanced power solutions to Bangladeshi consumers. With a view to exploring various business opportunities and scopes for collaboration, this meeting was recently held at the Energy Point Building, in Dhaka's Tejgaon area. On behalf of Energypac Power Generation PLC, Humayun Rashid, Managing Director and CEO, and Marine Engineer Mohammad Masum Parvez, Chief Business Officer, attended the discussion. Engineer Asif Ahmed, Perkins key Accounts Manager for Service and Spares, also presented the technical slides. This interactive session showcased innovative power generation solutions and...

Dec292024 by No Comments

National Bank holds Regional Business Conference (Chattogram)

Breaking News, Business

National Bank hosted its Regional Business Conference (Chattogram) on Saturday, December 28, 2024 at the Jhinuk Hall of the Best Western Hotel in Agrabad, Chattogram. The event was graced by Mr. Abdul Awal Mintoo, Chairman of National Bank as the Chief Guest. The conference was attended by Mr. Md. Abdus Satter Sarkar, Chairman of the Audit Committee & Independent Director and Professor Dr. Melita Mehjabeen, Independent Director. Also present were Mr. Md. Touhidul Alam Khan, Managing Director & CEO; Mr. Sheikh Akhter Uddin Ahmed, Deputy Managing Director; Mr. Md Abdul Matin, Deputy Managing Director; Mr. A.S.H. Helal Uddin, Regional Manager, Chattogram; Managers and Operations Managers of 38 branches in Chattogram region and Managers of 9 sub-branches in Chattogram region. At the...

Dec292024 by No Comments

BRAC Bank hosts CAREERtalk at Southeast University

Breaking News, Business

BRAC Bank recently held its signature career guidance initiative, CAREERtalk, at Southeast University (SEU), with the aim of inspiring and guiding students in their career planning and preparation for the job market. The event took place on 12 December 2024 at Southeast University, with attendance of esteemed officials from both SEU and BRAC Bank. Notable attendees from the university included Dr. Farhana Ferdousi, Member of the Board of Directors at Grameen Bank and Director of the BBA Programme, as well as Dr. Kazi Tanvir Mahmud, Chairman of the Department of Economics. Representing BRAC Bank was Akhteruddin Mahmood, Head of Human Resources, alongside young leaders and other officials. During the session, Akhteruddin Mahmood emphasised BRAC Bank’s commitment to nurturing young talent...

Dec282024 by No Comments

BRAC Bank optimises NSU’s financial operations with advanced cash management solution

Breaking News, Business

BRAC Bank has partnered with North South University (NSU) to deliver advanced cash management solutions, transforming financial operations within Bangladesh’s education sector. Through this innovative alliance, BRAC Bank will implement a cutting-edge tuition fee collection system for NSU via the Universal Collection Platform, harnessing its extensive distribution network. This state-of-the-art solution empowers students and guardians to deposit tuition fees effortlessly over the counter at BRAC Bank branches, ensuring a seamless and user-friendly experience. This partnership alleviates the university's administrative tasks by simplifying the fee collection process. It also provides real-time transaction updates to enhance transparency and accuracy and allow for immediate reconcili...

Dec282024 by No Comments

Joint initiative by Robi and CCAF to ensure safe internet for all

Breaking News, Business

To ensure internet safety in the country, the voluntary organization Cyber Crime Awareness Foundation (CCAF) have joined Bangladesh Safe Internet Forum (BSIF), an advocacy platform for online safety initiated by Robi Axiata PLC, to raise public awareness to combat internet-based unethical activities, cybercrimes, identity theft and cyber safety risks for women and children. Since its establishment in 2015, CCAF has been playing a significant role in raising public awareness and enhancing skills in the field of cybersecurity. On the other hand, Robi's initiative, BSIF is an effective platform dedicated to promoting responsible and safe internet use. Under this joint initiative, several significant measures have been adopted to ensure a safe cyber environment for the public across the ...

Dec272024 by No Comments

Bangladesh Brand Forum Awards the Most Loved Brands of Bangladesh

Breaking News, Business

Bangladesh Brand Forum, the largest platform of brand practitioners and enthusiasts in Bangladesh, recently honored the prestigious Best Brand Award for the 16th consecutive years by arranging a Grand Gala ceremony at the Intercontinental Dhaka. This year the award was presented to 44 brands under 44 distinguished categories. The Overall Top 15 Brands of Bangladesh were also identified and awarded in the Best Brand Award 2024. Additionally, the Most Emerging Brand of Bangladesh was also awarded during the gala event. In total, 60 awards were presented in the Best Brand Award 2024. For each of the 44 categories, the names of the ‘2nd & 3rd Most Loved Brands’ were also announced. Bangladesh Brand Forum organized the 16th edition of the Best Brand Award in Partnership with nSearch Ltd. ...

Dec272024 by No Comments

Xiaomi recognized as Bangladesh’s Number 1 Mobile Handset Brand

Breaking News, Business

Xiaomi has been awarded the prestigious title of 'Most Loved Brand' in the Mobile Handset category by Bangladesh Brand Forum during the 16th edition of the Best Brand Award 2024. The award was presented to Ziauddin Chowdhury, Country Manager of Xiaomi Bangladesh, at a grand gala ceremony held at InterContinental Dhaka. This recognition highlights Xiaomi's achievements and the immense love and support from its loyal fans. Xiaomi's dedicated and amazing fanbase remains at the heart of its success, driving the brand to focus on delivering exceptional products and experiences that empower communities and align with their aspirations. Expressing his gratitude, Mr. Ziauddin Chowdhury stated, "This recognition reflects our steadfast dedication to crafting exceptional and forward-thinking produc...