Business Archives - Page 57 of 115

Jan152025 by No Comments

JCI Munshiganj Announces New Board of Directors for 2025

Junior Chamber International (JCI), one of the world's largest youth organizations, has announced the new Board of Directors for its Munshiganj Chapter for the year 2025. The new leadership comprises talented and socially conscious individuals dedicated to empowering youth and driving development in the community. JCI, a global nonprofit organization operating in over 100 countries, focuses on nurturing young leaders and implementing humanitarian projects to foster societal progress. Sakif Ahmed has been elected as the Local President of JCI Munshiganj 2025. A well-known leader, Sakif Ahmed is the Director and CEO of Infolink Limited, Managing Director of Furnitex Limited, Proprietor of Braintree, and Director of ISPAB. Renowned for his dynamic leadership, Sakif Ahmed remarked, "Our goal...

Jan152025 by No Comments

National Bank Limited Celebrates Successful CBS Upgradation to Temenos R22

Breaking News, Business

National Bank Limited has recently completed the successful migration to the upgraded Core Banking System (CBS), Temenos Release 22. This advanced system introduces state-of-the-art technology, enhanced security, sophisticated business analytics, and improved customer relationship management features, ensuring robust and seamless banking services for valued customers.To celebrate this remarkable achievement, the Management of National Bank Limited organized a cake-cutting ceremony at the Head Office. The event was graced by the presence of the Managing Director (CC), Sheikh Akhter Uddin Ahmed. Among others, Deputy Managing Directors Syed Rois Uddin and Imran Ahmed were also present. Additionally, SEVP & Head of IT, Kazi Kamal Uddin Ahmed, other Division Heads of the Bank, and repre...

Jan152025 by No Comments

FICCI expresses concerns over lack of stakeholder consultation prior to policy revision

Breaking News, Business

The Foreign Investors’ Chambers of Commerce & Industry (FICCI) Bangladesh, the apex chamber representing Foreign Direct Investment (FDI) in the country, expresses deep concern over the recent decision to increase VAT/Supplementary Duty (SD) on a range of products without prior consultation with key stakeholders.FICCI represents 90% of Bangladesh’s total FDI, covering high-revenue sectors such as tobacco, telecom, energy, and financial institutions, which collectively contribute approximately 30% of the total internal revenue. The recent decision to hike VAT, SD, and other taxes is likely to impact consumers while significantly raising the cost of doing business in the country. This measure threatens the financial stability and operational capacity of businesses that generate crucia...

Jan122025 by No Comments

Ami Probashi Partners with Guardian Life for NRB Insurance

Breaking News, Business

Ami Probashi, a concern of Bangla Trac Group, has announced a landmark partnership with Guardian Life Insurance Limited to enhance the lives of expatriates and Non-Resident Bangladeshis (NRBs) through the launch of “Guardian ProbashiProhori.” This innovative insurance product is specifically designed to provide greater support and security to Bangladeshi migrants and their families.The partnership agreement was signed on Monday, January 6, 2025, by M Tanvir Siddique, Group Head of Innovation, Bangla Trac Group, representing Ami Probashi, and Sheikh Rakibul Karim, FCA, CEO of Guardian Life.This tailored insurance product offers a range of essential benefits, ensuring peace of mind for expatriates and their loved ones. Key features include overseas hospitalization coverage, death cov...

Jan112025 by No Comments

National Bank Receives ‘Top Ten Bank Award’

Breaking News, Business

National Bank has received the ‘Top Ten Bank Award’ from the Center for NRB in recognition of its outstanding contribution to remittance collection in 2024. The award was presented on Saturday, January 11, 2025, during the inaugural ceremony of the year-long "World Conference Series 2025," themed "Branding Bangladesh," held at the Pan Pacific Sonargaon Hotel in Dhaka.Md. Touhid Hossain, Adviser for Foreign Affairs of Bangladesh and Dr. Ahsan H. Mansur Governor, Bangladesh Bank handed over the award. Sheikh Akhter Uddin Ahmed, Managing Director (Current Charge) and Milton Roy, Head of the Foreign Remittance Division, received the award on behalf of the bank. M. S. Shekil Chowdhury, Chairperson of the Center for NRB along with other distinguished local and international guests, attended ...

Jan112025 by No Comments

Rokomari Launches Country’s First ‘Online Trade Fair’

Breaking News, Business

Rokomari.com, the pioneer of online book sales, has launched the country's first ‘Online Trade Fair.' Now, customers can enjoy fair offers, the best products, and attractive deals from the comfort of their homes. The fair will run until January 31, according to a press release from Rokomari.com on Saturday. The press release stated that up to 75 percent discounts will be available on more than one lakh domestic and foreign products at the country's first online trade fair. The online event will feature over one hundred bundle deals, ‘buy one, get one free’ offers, and free shipping on certain products. The company highlighted unique attractions across several categories, including electronics, household products, fashion, and books. Additionally, there are surprises such as special gift v...

Jan92025 by No Comments

BRAC Bank partners Akij Logistics for seamless online air ticket payment

Breaking News, Business

BRAC Bank has signed a payment gateway agreement with Akij Logistics Ltd., to facilitate seamless online payment for air ticket purchases for customers holding Visa and MasterCard.Akij Logistics will now be able to accept payments for online air ticket purchases through its official website (akijair.com) and mobile app using VISA and MasterCard.Akijair.com, an online travel agency, provides complete travel services to customers, from air tickets to tour packages and more.The partnership also enables the company to initiate refund/cancellation request of tickets purchased through cards with faster processing time using BRAC Bank’s online Merchant Service Portal.Leveraging the state-of-the-art Online Merchant Service Portal equipped with smart payment capabilities, BRAC Bank ...

Jan82025 by No Comments

BPCCI delegation calls on Philippine Ambassador, explores scopes of improving bilateral ties

Breaking News, Business

In a significant step toward enhancing bilateral trade and investment, Humayun Rashid, President of the Bangladesh Philippines Chamber of Commerce and Industry (BPCCI), and Imran Ahmed, Vice President of BPCCI, has recently met with Nina P. Cainglet, the Philippine ambassador to Bangladesh.The meeting was held on 7 January 2025. During the meeting, the delegation from BPCCI discussed pivotal topics and underscored the need for strengthening economic ties between Bangladesh and the Philippines.Prospective sectors for increasing bilateral ties include market development of agro products & services, skill development & technology training transfer, air connectivity, and logistics & communication services.Both parties emphasized the potential for expanding trade in agri...

Jan82025 by No Comments

Marcopolo Channel Outlet of Excellent Ceramic Group at Tiles Garden, Jatrabari

Breaking News, Business

The exclusive Marcopolo Channel outlet of Excellent Ceramic Group has officially started its journey at Tiles Garden in Jatrabari, Dhaka. The exclusive Marcopolo Channel outlet was inaugurated by Abdul Hakim Sumon, Managing Director of Excellent Ceramic Group. Executive Director Imran Ahmed, Head of Business Nadeem Shakir, Head of Sales GM Kamrul Hasan, Manager Abu Bakar Lamak, and owners of Tiles Garden Kabir Hossain Khan and Ali Nur Khan, among others, were present at the event. Abdul Hakim Sumon, Managing Director of Excellent Ceramics Group, said: "Excellent and Marcopolo brands believe in quality, not quantity. Excellent Ceramics is working with an unparalleled commitment to deliver new and world-class tiles and sanitary ware to customers. Through this showroom, customers can easil...

Jan72025 by No Comments

US-Bangla Airlines becomes title sponsor of the Dhaka Travel Mart 2025

Breaking News, Business

Leading private sector airline of the country US-Bangla Airlines joins the 20th edition of the international tourism fair Dhaka Travel Mart 2025 as the title sponsor. The 3-day fair, organized by The Bangladesh Monitor, premier travel and tourism publication will be held between from February 6-8, 2025 at the Ball Room of Pan Pacific Sonargaon Hotel, Dhaka.A Memorandum of Understanding was signed between the two organizations was signed at the Bangladesh Monitor’s office in Dhaka on 6 January, 2025. Md. Shafiqul Islam, Head of Marketing and Sales, US-Bangla Airlines and Dr. Farhad Kamal, Managing Editor, The Bangladesh Monitor signed the MoU on behalf of their respective sides. Kazi Wahidul Alam, Editor, The Bangladesh Monitor, Md. Kamrul Islam, General Manager- Public Relations, US-...