Business Archives - Page 58 of 100

Sep252024 by No Comments

Ethiopian airlines starts Addis Ababa-Dhaka flight from Nov 2

Africa’s leading carrier the Ethiopian Airlines has announced the commencement of its new five weekly flights on Addis Ababa-Dhaka-Addis Ababa route from November 2 next. “Bangladesh is a dynamic and growing market, and we are confident that our modern fleet and exceptional service will meet the needs of travelers between our two regions,” said Mesfin Tasew, Group CEO of Ethiopian Airlines. The commencement of Ethiopian Airlines’ new service between Bangladesh and Ethiopia will have a significant contribution to the socio-economic ties of both countries and beyond. The new service will be operated with the state-of-the-art Boeing B787 Dreamliner, offering passengers a comfortable and seamless travel experience. “The route will offer various connecting flights in compatible fare to the ...

Sep252024 by No Comments

UCB to launch co-branded credit card for BUET Graduates Club members

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Country's leading private bank United Commercial Bank (UCB) PLC has signed a Memorandum of Understanding (MoU) with BUET Graduates Club Limited to enhance financial experience of club members. To this end, an MoU has been signed in a ceremony held at the head office of BUET Graduates Club located in Banani in the capital on 23 September. Under this agreement, UCB will come up with a co-branded credit card for club members. UCB will be introducing a co-branded credit card to make financial transactions more convenient for the members of BUET Graduates Club, founded in 2018 for BUET alumni. Through this, the club members can avail all the financial and other benefits offered by UCB credit card. UCB's Acting Managing Director Syed Faridul Islam and BUET Graduates Club President Engr. Ghulam...

Sep252024 by No Comments

Grameenphone Enhances Customer Experience with World’s Largest Data Mediation Tool Deployment from Ericsson

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Grameenphone, the leading digital connectivity provider in Bangladesh, has completed the world's largest deployment of the EM24 software solution from Ericsson. This advanced tool efficiently processes vast amounts of network activity data, significantly improving the precision of customer billing and enhancing the customer experience. This cutting-edge system collects, processes, and mediates massive volumes of data generated from across Grameenphone's network, providing insights into network performance, customer behavior and billing precision. The EM24 system creates a unified and standardized format of data, setting new standards for operational efficiency and service delivery. This advanced system is designed to efficiently manage data for over 100 million users, equating to mor...

Sep242024 by No Comments

Novartis supports rehabilitation of flood victims

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Novartis, a multinational pharmaceutical company, has provided assistance to address the post-flood humanitarian situation. On Tuesday, the company donated Tk 5.3 million to the Bangladesh Red Crescent Society as assistance for the people affected by the recent flooding in the country’s eastern region. Through this support, Novartis aims to not only lend a helping hand to the flood victims but also contribute to ongoing relief and rehabilitation efforts. “The Bangladeshi people have faced this natural disaster with commendable unity. Now is the time for everyone to step forward and collectively tackle the post-flood situation,” Country President and Managing Director of Novartis Fahmid Wasik Ali said. He handed over the cheque of donation to Secretary General of Bangladesh Red ...

Sep242024 by No Comments

Guardian Life Provides Emergency Cashless Service During Nationwide Internet Outage

Breaking News, Business

It was July 2024, an ordinary Friday in Mohammadpur. A father and his 11 years son were enjoying a quiet day together , playing in gated residential society, unaware of the unrest brewing outside. Protests had erupted across the city, and tensions between students and law enforcement were escalating. Suddenly, the calm was shattered. A group of protesting students, chased by the police, rushed towards their gated community. In an effort to protect the students, the security guards opened the gates—unintentionally allowing both the fleeing students and pursuing police to enter. Within moments, chaos broke out. The air filled with teargas, and the sharp crack of rubber bullets echoed through the once peaceful neighborhood. Amid the confusion, the father and son were caught in the cross...

Sep242024 by No Comments

BASIS hosts ‘BASIS America Desk Stakeholders’ Meet’ to expand ICT business

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Bangladesh Association of Software and Information Services (BASIS) organized the 'BASIS America Desk Stakeholders’ Meet' with the goal of expanding and enhancing ICT business relations between Bangladesh and the United States. Held at the BASIS auditorium, the event was attended by James Gardiner, Acting Chief of the Economic Unit of the U.S. Embassy in Dhaka, John Fay, Commercial Counselor of the U.S. Embassy, BASIS President Russell T. Ahmed, Senior Vice President M. Rashidul Hasan, Vice President (Finance) Iqbal Ahmed Fakhrul Hasan, Directors Mir Shahrukh Islam, Biplob Ghosh Rahul, Chairman of the BASIS America Desk Noor Mahmud Khan, along with more than 70 members of the BASIS America Desk. The event was conducted by BASIS Vice President (Admin) Syed Mohammad Kamal. During the e...

Sep242024 by No Comments

London School of Economics’ Open Day held at UCB

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Universal College Bangladesh (UCB) has partnered with the reputed London School of Economic (LSE) to offer local students the opportunity to study world-class curriculums in accounting, business, economics, management, finance, and social science. UCB hosted an Open Day at their campus in Gulshan to provide students with an in-depth overview of the prestigious University of London (UoL) degrees available at UCB. The event featured Dr. James Abdey, Associate Professor in Statistics and Associate International Director at LSE. As the Chief Guest, Dr. Abdey offered valuable insights into what makes the LSE curriculum so special, and how a University of London (UoL) degree enhances career prospects for students. Also present at the event were Manas Singh, CEO of STS; Prof. Hew Gill, President...

Sep242024 by No Comments

Healthcare Pharmaceuticals Ltd. to get insurance services from MetLife

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Healthcare Pharmaceuticals Ltd. (HPL), a leading pharmaceutical company in Bangladesh penned a contract with MetLife to provide insurance facilities to their employees in Bangladesh. As part of this contract, employees of HPL will receive insurance coverage for loss of life and medical expenses. The company has selected MetLife as their employee insurance provider due to the insurer’s customized solutions, faster payment of insurance claims and financial strength. Healthcare Pharmaceuticals has been serving in the healthcare sector after establishing its pharmaceutical plant in 1996. Now Healthcare Pharmaceuticals is the fastest growing organization in the pharmaceutical industry of Bangladesh. In Bangladesh, MetLife provides insurance protection to over 300,000 employees and thei...

Sep242024 by No Comments

Employees of National Bank Extend Support to Flood-Affected Communities

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As part of social responsibility, employees of the National Bank have donated one day’s salary to support flood-affected underprivileged people across the country. Relief bags filled with essential items are being distributed in various regions, including Dagonbhuiya and Sonagazi upazilas. Branch officials from the respective National Bank branches in these areas are actively participating in the relief efforts. It is worth mentioning that National Bank and its employees have consistently stepped up during times of crisis in the country.

Sep232024 by No Comments

Energypac observes ‘World Rivers Day’ through its CSR initiative ‘Nodi Amar Maa’

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Rivers are an inseparable part of Bengali life and culture. Unfortunately, rivers are in its death throes owing to mindless pollution caused by severe sewage problem and industrial waste coming from cities and ports. People along the river banks are also affected by this. Against such a backdrop, Energypac Bangladesh has taken an exceptional initiative titled “Nodi Amar Maa” (River is my mother) to save the river from pollution. Under this program, steps have been taken to extract waste from the river and dispose of the collected waste in coordination with the local municipality. Thousands of people have been directly and indirectly connected to this program. The organization is also running regular campaigns to make the local people aware of the perils of river pollution. ‘World Riv...