Business Archives - Page 53 of 100

Nov72024 by No Comments

Samsung holds lead in global smartphone market with 57.5m shipments in Q3 2024

Samsung continues to dominate the global smartphone market, securing its leading position with a record-breaking 57.5 million units shipped in Q3 of 2024. According to recent data from Canalys, a globally acknowledged analyst firm, the global smartphone market saw a positive year-on-year growth of 5%, totaling 309.9 million units in shipments. This records the strongest Q3 performance since 2021, fundamentally driven by increased consumer demand and a wave of new product launches across the industry. Renowned for delivering high-quality data assessment, Canalys helps industry professionals worldwide chart upcoming trends with precision and authority. Following their assessment, Samsung's success in Q3 can be attributed to its streamlined and efficient entry-level lineup, designed to offer...

Nov72024 by No Comments

upay Announces New Initiatives to Enhance Customer-Centric Services

Breaking News, Business

upay, the mobile banking service of United Commercial Bank (UCB), recently held a town hall meeting at the UCB's head office in the capital's Gulshan. The meeting was attended by UCB's Chairman Sharif Zahir; Managing Director and CEO Mohammad Mamdudur Rashid; Deputy Managing Director and COO Md. Abdullah Al Mamun, along with other high officials of UCB and officials from all levels of upay. In his speech, UCB Chairman Sharif Zahir said, "Mobile banking has reached the zenith of popularity in the present digital era. Against this backdrop, upay is becoming increasingly appealing to customers. We must put united efforts to make upay even more user-friendly and popular among the masses; thus, UCB and upay teams must work in close collaboration." Mohammad Mamdudur Rashid, Managing Direct...

Nov52024 by No Comments

Mustafa Rafiqul Islam Duke new MD of Dhaka Telephone

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Mustafa Rafiqul Islam Duke has been appointed as the managing director of privately owned land phone Dhaka Telephone Company Limited (DTCL). At the same time, ATM Hayatuzzaman Khan became the chairman of the company. On Monday (November 4), the company's board of directors decided to appoint a new MD and chairman. This appointment will bring Dhaka Phone, the company's main business, to the light of day. Mustafa Rafiqul Islam Duke said, we will actively work to lower both voice and internet prices according to consumer needs. The company announced this information in a press release on Tuesday. Dhaka Phone started operations in the Chittagong and Sylhet zones in 2006 and in the capital, Dhaka, in 2007 as the first private-sector fixed-line operator. Mustafa Rafiqul Islam Duke was the dire...

Nov52024 by No Comments

BASIS Signs MoU with BRAC Bank PLC

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BASIS signed a Memorandum of Understanding (MoU) with BRAC Bank PLC on October 31, 2024 at Head office, Gulshan to introduce exclusive collateral-free loan facilities for BASIS members. This strategic alliance enables our members to access vital financial resources quickly and easily, empowering them to navigate challenges and accelerate their entrepreneurial journeys. The MoU aims to provide members with streamlined financing options that eliminate collateral requirements, bolstering the support necessary for innovation, sustainable business expansion, and economic contributions in the ICT sector. With this partnership, BASIS members can expedite their financial success and achieve their business aspirations. Mr. M Rashidul Hasan, President of BASIS, remarked in his opening speech, ...

Nov52024 by No Comments

JICA organizes Mediation Training for legal professionals under A2J Project

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Japan International Cooperation Agency (JICA) in collaboration with Law and Justice Division (LJD) of the Ministry of the Law, Justice and Parliamentary Affairs and Judicial Administration Training Institute (JATI) organized a Mediation Training program for Legal Professionals, titled ‘Development of Mediation and Civil Litigation Practices for Enhancement of Access to Justice Project (A2J Project)’. The training held from November 1 to November 2, 2024, at JATI, Dhaka. LJD in collaboration with JICA launched A2J Project in April 2024 to ensure effective access to justice in Bangladesh. To achieve this goal A2J Project organized the Mediation Training for judges, District Legal Aid officers and lawyers to further strengthen the capacity of legal professionals as these legal professional...

Nov52024 by No Comments

iFarmer, UCB and VISA partner to strengthen digital payment system for farmers

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Bangladesh has made significant strides in transitioning towards a cashless economy, and to further deepen the measures, iFarmer has collaborated with United Commercial Bank (UCB) and VISA to launch Farmer Cards. On this occasion, iFarmer distributed this card among 17 registered farmers in an event organized at Chutipur of Damurhuda upazila under Chuadanga district on 31 October. In the initial phase of this program, cards will be distributed among 150 farmers hailing from different areas. iFarmer plans to distribute it among more farmers in future to strengthen the digital payment system across the country. The primary objective of the joint venture is to promote cashless transactions among farmers and to strengthen digital payments across the economy. The Farmer Cards will help the f...

Nov42024 by No Comments

Ameen Mahmood joins Suzuki Bangladesh

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Suzuki Bangladesh has appointed Ameen Mahmood as Head of Marketing to drive the next phase of growth of one of its units 'Rancon Motor Bikes Ltd'. Prior to joining Suzuki, Mr Mahmood held prominent positions at leading electromechanical company Energypac. He was there instrumental in expanding the market. Ameen Mahmood brings in more than 16 years of industry experience in strategic marketing, brand management and customer engagement.

Nov42024 by No Comments

Direct air link to Africa help Bangladesh becoming regional hub: Touhid Hossain

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Foreign Adviser Md Touhid Hossain has expressed confidence that the newly established direct air connectivity between Bangladesh and Africa by the Ethiopian Airlines, will support Bangladesh's vision of becoming a regional aviation hub. "The direct air link between Bangladesh and Ethiopia will not only support tourism, trade, and investment but will serve as a gateway to the wider African continent," he said while addressing virtually the gala launch event on Sunday evening at a city hotel celebrating Ethiopian Airlines’ official operation into the Bangladesh. The inaugural flight of Ethiopian Airlines, Africa’s largest carrier, landed in Dhaka on Sunday morning marking the start of operations on the Addis Ababa-Dhaka-Addis Ababa route. In his remarks, Adviser Hossain highlighted the st...

Nov42024 by No Comments

General and Industrial Jobs Dominate, with Accountants Leading Bangladesh’s Skilled Migration Boom

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For the first time, Accounting has made it into the top 10 jobs for Bangladeshi migrants, with almost 13,000 accountants travelling abroad between January and June, signifying a growing demand for skilled workers from Bangladesh. Ami Probashi, a Bangladeshi digital platform designed to promote transparency, reduce migration costs, and speed up migration, has published its half-yearly report on migrating workers. The report also finds Saudi Arabia the most preferred destination for workers, as last year. The first six months of the 2024 alone witnessed a robust migration, with over 500,000 workers flying abroad for employment. Among this half a million, approximately 250,000 migrant workers chose Saudi Arabia as their preferred destination between January and June. The Kingdom of Saudi Ara...

Nov42024 by No Comments

Banglalink Hosts Womentor Experience Day with Proyash

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Banglalink hosted an Experience Day as part of its Womentor program, in line with its commitment to inspiring the next generation of female leaders. The Womentor Program is Banglalink’s flagship mentorship initiative designed to identify and develop future female leaders in STEM (Science, Technology, Engineering, and Mathematics). It connects graduating students with Banglalink's female tech leaders, providing them with a unique six-month mentorship journey to build skills and receive career guidance from industry experts. Now in its fifth edition, this program reinforces Banglalink’s goal to foster an inclusive future in alignment with the company’s Employee Value Proposition, “Lead the Future.” Held at the Proyash Institute of Special Education, a special education and research ins...