Business Archives - Page 56 of 100

Oct82024 by No Comments

Unilever Consumer Care Wins ‘Gold award’ from ICSB

Unilever Consumer Care Limited (UCL) has received the ‘Gold Award’ from the Institute of Chartered Secretaries of Bangladesh (ICSB) for Corporate Governance Excellence. The 11th ICSB National Award was handed over to UCL at a gala event in a city hotel yesterday. Dr. Salehuddin Ahmed, Honorable Adviser, Ministry of Finance, Ministry of Commerce and Ministry of Science and Technology, Government of the People's Republic of Bangladesh, has graced the occasion as the Chief Guest and handed over the trophies and certificates to the winning companies. The prestigious award was received by S. O. M. Rashedul Quayum, Non-Executive Director, along with Md. Naharul Islam Molla, Company Secretary and Regulatory Affairs Head, and other senior officials from UCL.Dr. Md. Khairuzzaman Mozumder, Secret...

Oct82024 by No Comments

Guardian Life Declares 20% Dividend

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Guardian Life Insurance Limited has declared a 15% stock dividend and a 5% cash dividend for its shareholders for the year 2023 during its 11th Annual General Meeting (AGM). This declaration reflects Guardian Life's ongoing efforts to maximize shareholder value, which have driven the company’s outstanding business performance since its establishment. It is worth noting that the company distributed a 15% cash dividend in both 2021 and 2022, as well as an 85% stock dividend in 2019, demonstrating its commitment to rewarding shareholders. Since its inception in 2013, Guardian Life Insurance, a fourth-generation life insurance company sponsored by Apex, BRAC, and Square, has consistently shown strong growth across all financial indicators. With investments of BDT 546 crore, the company h...

Oct82024 by No Comments

MetLife’s Regional President visits Bangladesh

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Lyndon Oliver, Regional President of MetLife Asia, recently visited Bangladesh as part of his ongoing engagement with MetLife’s diverse markets across the region. Oliver took the opportunity to meet with MetLife Bangladesh’s employees and agents, expressing his deep appreciation for their hard work and dedication. His visit also included attending a special annual ceremony recognizing the best of MetLife Bangladesh's agents. Speaking about his visit, Oliver said, “Bangladesh is an important market for MetLife and I am always delighted by the passion and dedication of our people here. Their focus on delivering innovative solutions and high-quality service to our customers truly reflects our purpose of being always with you, building a more confident future.” As the largest life ins...

Oct82024 by No Comments

Banglalink brings in co-branded cards in collaboration with EBL and Mastercard

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The innovative digital operator Banglalink, in collaboration with Eastern Bank PLC (EBL) and Mastercard, launched three new co-branded cards for Banglalink Orange Club members today. Driven by an urge to empower the customers to help them reach their full potential, Banglalink keeps coming up with digital solutions and time-befitting offers for adding value. In its continuation, these 3 new co-branded cards – namely the Mastercard World Credit Card, Mastercard Titanium Credit Card, and Mastercard Prepaid Card – have been launched. Members of Banglalink Orange Club, a loyalty program for Banglalink users, can enjoy special offers and redeem reward points against their purchases using these cards. Cardholders using the Titanium Credit Card will get a free card, while Mastercard World c...

Oct72024 by No Comments

UCB Investment Limited marks four years of excellence

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UCB Investment Limited (UCBIL), a subsidiary of United Commercial Bank PLC (UCB), has recently celebrated its fourth anniversary, reflecting on a journey marked by success and industry recognition. The celebration coincided with the company's latest accolade: "Best Securities House" in Bangladesh for 2024, awarded by Euromoney, reinforcing UCBIL's standing as a leader in Bangladesh's financial sector. This prestigious award highlights UCBIL's prominence among merchant banks, stock brokerages, asset management firms, and other key capital market institutions in Bangladesh. In addition to this recent award, UCBIL has won several accolades in the last four years, including recognition as the Best Investment Bank by both Euromoney and FinanceAsia in 2023 and 2024, and by Asiamoney in 2023. Th...

Oct52024 by No Comments

Bangladesh Retail Congress 2024 Explores Innovation and Sustainability in the Retail Sector

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Bangladesh Retail Forum initiated the 7th edition of SHWAPNO presents Bangladesh Retail Congress 2024 powered by Singer | beko (Singer Bangladesh Limited); Konka and Gree (Electro Mart Limited) in Association with MINISO, IDC Bangladesh PLC, with this year’s theme, with this year’s theme, "Retail Renaissance: Inspiring Innovation." Held at Le Méridien Dhaka on October 5, the day-long summit focused on the transformative changes in the retail industry driven by technological advancements, evolving consumer preferences, and a heightened emphasis on sustainability. The summit aimed to empower retail leaders with insights and strategies to lead this renaissance, creating a future where retail is more connected, sustainable, and customer-centric. Bangladesh Retail Congress 2024 brought toget...

Oct32024 by No Comments

Banglalink’s ‘MyBL Super App’ wins “Digital Nations” Awards

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Innovative digital operator Banglalink has brought home another laurel from an international platform. Banglalink has earned the “Excellence in Digital Inclusion Award” for the “MyBL Super App: Revolutionizing Healthcare in Rural Bangladesh” campaign at the GSMA’s M360 Asia-Pacific event. The announcement was made at the M360 APAC Digital Nations Award in Seoul, South Korea—GSMA’s annual flagship event for the Asia Pacific region. Hande Asik, Group Director of Strategy and Communications at VEON, Banglalink’s parent company, received the award on behalf of the company on 1 October 2024. It is mentionable that the “Digital Nations Award” recognizes the contributions of mobile technology in expediting digital transformation across nations. The competition attracted submissions from 11 ...

Oct32024 by No Comments

DBH opens its new branch in Barishal

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DBH Finance PLC. (DBH), the largest housing finance institution of the country, recently inaugurated its branch in Barishal city. The branch aims to offer home loan and deposit services to the people living in Barishal city and adjacent areas. This is 16th branch of DBH and located on the 2nd floor of Khan Faiz Shotaiyu Bhabon, Sahid Nazrul Islam Sarak (Police Line Road) of Barishal city. Nasimul Baten, Managing Director and CEO of DBH, formally inaugurated the branch in a simple ceremony held at the branch recently. Prominent developers of Barishal city and other high officials of DBH attended the branch's opening ceremony. With this new branch, DBH now has a footprint across all divisions of Bangladesh, covering the major cities and urban areas. DBH Finance PLC, formerly known as D...

Oct32024 by No Comments

Ethiopian Airlines offers B1G1 ticket marking Bangladesh debut

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DHAKA, October 3, 2024: Ethiopian Airlines, Africa’s leading carrier, has announced a special buy-one-get-one-free (B1G1) ticket offer for flights from Dhaka to all its global destinations, celebrating its entry into the Bangladesh market. The airline is set to commence five weekly flights on the Addis Ababa–Dhaka–Addis Ababa route, starting with its inaugural flight from the Ethiopian capital on November 2, which will arrive in Dhaka on November 3. The offer will be available from November 3 to 18, 2024, with tickets needing to be purchased by October 20. “We wanted to present an attractive offer to our passengers, and we believe this promotion will encourage Bangladeshi travelers to experience the world-class service of a Star Alliance airline,” said Shohag Hossain, Managing Dir...

Oct22024 by No Comments

Grameenphone Commemorates International Sign Language Day to Promote Inclusivity

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Grameenphone, the leading mobile operator in Bangladesh, has recently observed International Sign Language Day reaffirming its commitment to inclusivity and accessibility for hearing and speech-impaired individuals to participate in society. Through innovative initiatives and a commitment to breaking communication barriers, Grameenphone aims to empower everyone to fully participate in a connected world. To further enhance accessibility for the hearing and speech-impaired community, Grameenphone provides the SignLine service, enabling users to access telecommunications solutions via video calls. To ensure effective support, all agents at Grameenphone Experience Centers have received basic sign language training from expert Arafat Lata, empowering them to connect customers to the online Sig...