Business Archives - Page 50 of 100

Nov242024 by No Comments

National Bank holds Strategic Review Meeting

National Bank held a strategic review meeting on November 23, 2024, at the National Bank Training Institute in Dhaka, focusing on current and upcoming action plans for the next year. Md. Touhidul Alam Khan, Managing Director & CEO of the Bank, attended the meeting as the chief guest. The Deputy Managing Directors Sheikh Akhter Uddin Ahmed, Imran Ahmed, and Md. Abdul Matin along with Executives, Officers from various divisions, and Branch Managers, were also present. During the meeting, Md. Touhidul Alam Khan provided valuable guidance and outlined strategic roadmaps on key priorities, including recovering default loans, addressing the ongoing liquidity crisis, future business planning, deposit mobilization, loan disbursement, and improving customer service excellence. He assured atten...

Nov232024 by No Comments

BRAC Bank joins hands with NBR to facilitate smooth online payment of tax returns

Breaking News, Business

In a move to enhance taxpayer convenience and streamline the tax payment process, BRAC Bank has set up a booth at the National Board of Revenue (NBR) Office in Dhaka on the occasion of "Income Tax Information—Service Month 2024." The booth aims to facilitate citizens' tax payments through an automated challan system. This system allows taxpayers to deposit cash or make payments via digital channels, making tax transactions smooth, efficient, and time-saving. Ms. Sharmin Ferdousi, Commissioner of Tax Zone 11, NBR, and Mohammad Abdul Ohab Miah FCA, Financial Controller, BRAC Bank, inaugurated the booth at Tax Zone 11 Office in Dhaka. Major Mohammad Arif Chowdhury (Retd.) Unit Head Transaction Banking, BRAC Bank, and senior officials of Tax Zone 11 were present at the ceremony. Durin...

Nov232024 by No Comments

10th LEATHERTECH BANGLADESH 2024 Starts

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10th International Technology Tradeshow LEATHERTECH BANGLADESH 2024 on LEATHER, FOOTWEAR MACHINERY, SHOE MATERIALS,CHEMICAL & ACCESSORIES for FOOTWEAR & LEATHERGOODS Sector has started on November 21, 2024 at Expo Zone of International Convention City, Bashundhara (ICCB), Dhaka. The tradeshow will go on till 23 NOVEMBER 2024. Shah Mohammad Mahboob, Executive Member (Additional Secretary), Marketing & Communication, Bangladesh Investment Development Authority (BIDA), served as the chief guest at the inauguration program. The event was further enriched by the presence of esteemed dignitaries, including A.K.M. Mushfiqur Rahman Masud, President of the Leather Engineers & Technologists Society, Bangladesh; Md. Golam Shahnewaz, Managing Director of Dhaka Tannery Industrial Est...

Nov222024 by No Comments

BRAC Bank to provide collateral-free loans to BASIS members

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BRAC Bank has entered a partnership with the Bangladesh Association of Software and Information Services (BASIS) to provide collateral-free financing to its members, marking a major step in supporting Bangladesh's ICT sector’s growth and innovation. It will be a big boost for the country’s ICT sector, as more than 2,500 BASIS members can now avail themselves of a collateral-free loan and One-Stop Service from BRAC Bank. The strategic alliance outlines a tailored financing solution specifically designed for BASIS members. This solution provides them with streamlined access to funding to accelerate their entrepreneurial goals and contribute to the country’s economic growth. This collateral-free loan offering demonstrates BRAC Bank’s commitment to fostering innovation and supporting ...

Nov222024 by No Comments

Robi Elites to avail special discounts on Rides and Tickets in Jatri App

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Robi's Elite customers can now enjoy a 10% discount on services offered by Jatri, the popular transport app, following a recent Memorandum of Understanding (MoU) signed between Robi and Jatri in Chattogram. Robi Elite members will receive a 10% discount on car rentals as well as bus and launch tickets booked through the Jatri app, enabling them to quickly and conveniently arrange transport, according to MoU. To activate this offer, eligible customers need to send a free SMS with the keyword "EliteJatri" to 1213. The MoU signing ceremony was attended by Md. Tarequl Islam, Robi’s Senior Regional Head of Chattogram Metro; Md. Al Hossain, Area Manager; and Md. Salman Kaiser, GTM Manager. Representing Jatri were Khandaker Sohanur Rahman, Divisional Manager; Abdullah Al Mamun, Deputy Divis...

Nov222024 by No Comments

upay and Titas Gas Partner to Enable Online Gas Bill Payments Across Bangladesh

Breaking News, Business

upay, a leading digital financial services provider in Bangladesh, has partnered with Titas Gas Transmission and Distribution PLC to facilitate online gas bill payments for customers nationwide. Through this agreement, Titas Gas customers can pay their bills seamlessly through upay's digital platform, ensuring greater convenience, flexibility, and accessibility. The signing ceremony was held on 20th November 2024 at Titas Gas head office. The agreement was signed by Md. Lutful Hyder Masum, General Manager & Company Secretary, Titas Gas Transmission and Distribution PLC and Md. Mahbub Sobhan, Chief Business Officer, upay. Other key representatives include from Titas, Shahnewaz Parvez, Managing Director, from upay, Md. Abdullah Al Mamoon, Managing Director & CEO, Hasan Mohammad Z...

Nov212024 by No Comments

ICMAB honours BRAC Bank with Best Corporate Award

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BRAC Bank’s corporate governance stature has reached a new height. The bank has set a record by winning the prestigious ICMAB Best Corporate Award for eight years in a row. The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has awarded BRAC Bank the ‘Gold Award’, the highest accolade, in the “ICMAB Best Corporate Award 2023” in the private commercial bank category. The ICMAB Award is conferred to organisations for best corporate governance practices. BRAC Bank’s superior performance indicators in the banking sector are reflected in its highest market capitalisation, international investor shareholding in the local banking sector, and credit rating. As a member of the Global Alliance for Banking on Values, the bank emphasises good governance, values, and sustainabi...

Nov202024 by No Comments

BRAC Bank clinches four Mastercard awards

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BRAC Bank has received four prestigious awards from Mastercard this year for its outstanding business and innovation in various card issuing and acquiring segments. BRAC Bank has won the awards in Credit Business (Domestic), Credit Business (International); Contactless Issuing and Contactless POS Acquiring at the Mastercard Excellence Awards 2024 - Leading by Resilience at a hotel in Dhaka on November 16, 2024. Ahsan H. Mansur, Governor of Bangladesh Bank, was the chief guest. Selim R. F. Hussain, Managing Director & CEO, Md. Mahiul Islam, Deputy Managing Director & Head of Retail Banking, BRAC Bank, and Syed Mohammad Kamal, Country Manager, Mastercard Bangladesh, were also present. The event drew the participation of senior Management from banks, fintech, merchants, and vari...

Nov202024 by No Comments

UPGDCL Wins Gold Award at ICMAB Best Corporate Award 2023

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United Power Generation and Distribution Company Limited (UPGDCL) has been awarded the Gold Award in the Power Generation category at the ICMAB Best Corporate Award 2023, organized by the Institute of Cost & Management Accountants of Bangladesh (ICMAB). This recognition underscores the organization’s commitment to transparency, accountability, and excellence in corporate governance. The award, based on the evaluation of UPGDCL’s 2023 Annual Report, was presented at a ceremony on November 14, 2024, at Pan Pacific Sonargaon Hotel, Dhaka. The event, attended by distinguished dignitaries, highlighted companies making significant contributions to the national economy through exemplary practices.

Nov202024 by No Comments

10th Leathertech Bangladesh 2024 Starts on 21 November

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10th International Technology Tradeshow Leathertech Bangladesh 2024 on leather, footwear machinery, shoe materials, chemical & accessories for footwear & leathergoods Sector is scheduled to be held on 21 - 23 NOVEMBER 2024 at Expo Zone at International Convention City, Bashundhara (ICCB), Dhaka. Nearly 200 exhibitors from 10 countries are scheduled to participate in the 10th edition Over the years it has become the most preferred platform to penetrate and explore the Bangladesh Leather, Footwear and Travel goods sector. Bangladesh Leather and Leather Products sector is growing and expanding. Manufacturers want to have updated technology and solutions which address quality, efficiency, and environmental concerns. New players who are planning to enter the sector always wait for LE...