Business

Feb102025 by No Comments

Mostafa Quamrus Sobhan Elected as Chairman of Rupali Insurance Company Limited

The Board of Directors of Rupali Insurance Company Limited has elected Mostafa Quamrus Sobhan as the new Chairman of the Company at its 212th Board Meeting, following the passing of former Chairman Mostafa Golam Quddus.Mostafa Quamrus Sobhan, a distinguished industrialist and entrepreneur, brings with him vast experience in various sectors, including insurance, education, ready-made garments & textile industry and efficient leadership expertise as the Managing Director of Dragon Group. In addition to his corporate endeavors, Sobhan was appointed as the first Honorary Consul of Uruguay in Bangladesh in 2023, working towards enhancing bilateral trade and diplomatic relations between the two nations.On his election, Sobhan expressed gratitude to the Board for their trust and pledg...

Feb102025 by No Comments

Electric G-Wagon arrived in Bangladesh

Breaking News, Business

Mercedes-Benz flagship car G580 Edition One or Electric G-Wagon model has arrived in Bangladesh. Rancon Motors Limited the official distributors of Mercedes-Benz Bangladesh has proudly launched the 2025 G 580 "Edition One", the first-ever electric G-Class in Bangladesh.Edition One is the first production unit of the electric G-Wagon, which is a collector's item for automotive enthusiasts.Electric G-Wagon's journey was inaugurated in a grand ceremony on Saturday (8 February, 2025) afternoon.The 2025 G 580 "Edition One" is the first production unit of the electric G-Wagon, a collector's item for automotive enthusiasts. This model combines the traditional off-road performance of the G-Class with modern electric technology, setting new standards in luxury, performance and sustainab...

Feb92025 by No Comments

Inaugural Ceremony of the ‘Foundation Course for Probationary Officers and Other Officials’

Breaking News, Business

11 days long course on the ‘Foundation Course for Probationary Officers and Other Officials’ (General Banking Module-Combined Batch) of National Bank Limited has been inaugurated at the Training Institute of the bank on February 9, 2025. 44 Officers from Head Office and different branches of NBL participated in this Training Course. Mr. Sheikh Akhter Uddin Ahmed, Managing Director (Acting) of National Bank Limited was present in the Inauguration ceremony as the chief guest. Mr. Shah Syed Rafiul Bari, Principal of NBTI was also present in the program.

Feb72025 by No Comments

BRAC Bank inaugurates its second branch in Cox’s Bazar

Breaking News, Business

BRAC Bank has opened a new branch in Cox’s Bazar, strengthening its presence in the tourist city.With two branches in the city, customers will have more options for availing of best-in-class banking services in spacious premises with modern facilities.The inauguration of another branch in the country’s top holiday destination and commercially important place signifies BRAC Bank's commitment to covering more areas and reaching out to diverse customers.Meheriar M. Hasan, Chairperson, and Selim R. F. Hussain, Managing Director & CEO, BRAC Bank, formally inaugurated the branch at Kolatoli in Cox’s Bazar on February 6, 2025.Sheikh Mohammad Ashfaque, Deputy Managing Director and Head Branch Distribution Network, attended the inauguration ceremony. A. K. M. Tareq, Senior Zonal...

Feb62025 by No Comments

HONOR Bangladesh introduces biodegradable bags for its customers

Breaking News, Business

To promote sustainable development for the future, HONOR has recently brought eco-friendly bags for its customers. The initiative is part of the first of its kind for any smartphone brand in the country. These bags are certified by Bangladesh Council of Scientific and Industrial Research (BCSIR).The biodegradable bags are internationally certified by both Din Verto and Universal Life Verification System (ULVS). Din Verto is a certification mark associated with DIN CERTO, a certification body of TÜV Rheinland Group. DIN CERTO provides certification for compostable and biodegradable products. The certification is backed by the German Institute for Standardization and is highly respected for its rigorous standard development process. ULVS offers certification for compostable products that...

Feb62025 by No Comments

FACD-CAB 12th International Education Expo 2025 Set for February 22-23 in Dhaka

Breaking News, Business

The Foreign Admission & Career Development Consultants Association of Bangladesh (FACD-CAB), in collaboration with NRBC Bank, is proud to announce the 12th International Education Expo 2025, scheduled for February 22-23, 2025, at Pan Pacific Sonargaon, Dhaka, from 10 AM to 8 PM. As the largest education expo in Southeast Asia, this prestigious event will serve as a key platform for students, parents, and education professionals to explore higher education opportunities worldwide. Bringing together over 1,000 universities from 45+ countries, including the USA, UK, Canada, Australia, New Zealand, EU nations, Malaysia, China, Japan, and South Korea, the expo will offer unparalleled access to 300+ top university representatives. Attendees will have the opportunity to engage directly with ...

Feb52025 by No Comments

Overseas Migration Dropped in 2024 according to Ami Probashi’s Annual Report

Breaking News, Business

Bangladesh witnessed a significant decline in overseas migration in 2024, with the total number of migrant workers dropping to 1,009,146, a 27.4% decrease from 1,390,811 in 2023, according to the Ami Probashi Annual Report 2024.Despite the decline, a noteworthy trend has emerged—female participation in BMET registration has nearly doubled compared to the previous year, signaling a shift in gender dynamics in overseas employment.Saudi Arabia remained the top choice for Bangladeshi migrants, absorbing 62.17% of total migration with approximately 627,000 migrants departing for Saudi Arabia.This continued preference is driven by high demand for both skilled and unskilled labor, particularly in infrastructure development.In contrast, Malaysia, the second-largest destination, saw a d...

Feb52025 by No Comments

BRAC Bank, WaterAid Bangladesh to bring clean water and sanitation to over 10,000 people

Breaking News, Business

BRAC Bank has partnered with WaterAid Bangladesh to support more than 10,000 individuals living in the coastal region of Satkhira to gain access to safe drinking water, improved sanitation, and better hygiene. This initiative is part of BRAC Bank's flagship CSR programme, Aporajeyo Water Entrepreneur (WE), which aims to mitigate and adapt to climate change, aligning with Bangladesh Bank guidelines. This initiative aims to establish five water purification plants in the water-scarce areas of Gabura and Padma Pukur unions of Shyamnagar, Satkhira, to enhance access to clean water. Additionally, the programme will improve sanitation facilities and implement a rainwater collection system at three local health clinics, fostering improved health and well-being for the community. By introducin...

Feb42025 by No Comments

bdapps Award Night 2024 Honours Campus Ambassadors and She Squad Leaders

Breaking News, Business

bdapps, Robi Axiata PLC’s mobile application platform, hosted bdapps Award Night 2024 on 31 January at Dhaka's Lakeshore Hotel, celebrating the achievements of its top-performing Campus Ambassadors and She Squad leaders for their contributions to Bangladesh’s digital ecosystem.Distinguished guests, including Shafiq Shamsur Razzaq, Acting Head of Digital VAS & New Business at Robi Axiata PLC.; Abdur Rakib, Co-Founder of Programming Hero; Biplob Ghosh Rahul, Founder of eCourier Ltd.; and Taneem Islam, CEO of Miaki, attended the event, inspiring the next generation of tech leaders.Shafiq Shamsur Razzaq praised the community’s dedication, stating, “Events like these showcase the incredible talent within bdapps. We are proud to see these programmes thrive and look forward to an even...

Feb42025 by No Comments

BRAC Bank, BPC partner to simplify payments for tourists

Breaking News, Business

BRAC Bank has partnered with Bangladesh Parjatan Corporation (BPC) to introduce seamless payment solutions for local and international tourists.Under this collaboration, the corporation will accept payments through BRAC Bank’s Point of Sale (POS) terminals and Bangla QR codes, allowing tourists to transact using VISA, MasterCard, JCB, Diner’s Club, and Discover Card.This initiative enhances convenience by enabling quick and secure transactions at hotels, motels, resorts, restaurants, and international airports. It ensures a hassle-free experience for international visitors and makes financial transactions smoother and more efficient.The partnership was formalized at a signing ceremony on January 28, 2025, at Parjatan Bhaban in Agargaon, attended by key representatives from both...