Business

Aug122026 by Statement DeskNo Comments

Energypac to Supply Transformers to ADEX Corporation for ADB-Funded NESCO Project

Energypac Engineering Ltd. has signed a USD 5 million contract with Adex Corporation to supply 15 units of 20/28 MVA transformers for an ADB-funded project of the Northern Electricity Supply Company Limited (NESCO).The contract signing ceremony was recently held at Adex Corporation’s office in Tejgaon, Dhaka. Engineer Rabiul Alam, CEO and Director of Energypac Engineering Ltd., and Engineer Ali Azam, Chairman of Adex Group, were present at the signing ceremony.Under the agreement, Energypac Engineering Ltd. will supply 15 units of 20/28 MVA transformers, supporting the development and strengthening of Bangladesh’s power distribution infrastructure. The contract is valued at approximately USD 5 million.Energypac Engineering Ltd. is one of Bangladesh’s leading engineering and pow...

Aug122026 by Statement DeskNo Comments

Guardian declares policy bonus of Tk 63 per thousand

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Guardian Life Insurance Limited has declared a policy bonus of Tk 63 per Tk 1,000 sum assured for its eligible life insurance policyholders for the year 2025.In life insurance, a policy bonus is an earned profit that an insurance company may provide to its policyholders. This bonus is generally provided based on the company’s profits. In addition to the regular benefits of the policy, policyholders receive this extra amount as a share of the company’s profits.Guided by its “Customer First” philosophy, Guardian declared its first policy bonus in 2016. Since then, the company has consistently provided annual bonuses to all eligible policyholders.The bonus adds to the long-term value of customers' savings and strengthens their future financial planning. Retail policyholders can ch...

Aug122026 by Statement DeskNo Comments

MetLife Foundation and MIDAS to Train 500 Youth in Mobile Repairing and Entrepreneurship

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MetLife Foundation, in partnership with Micro Industries Development Assistance and Services (MIDAS), has launched a two-year skills development initiative to train 500 youth in mobile repairing and entrepreneurship in Dhaka and Chattogram.The program will equip participants with practical, market-relevant skills in mobile phone repairing and maintenance. This will enable them to pursue self-employment and build sustainable livelihoods in a growing digital economy.With over 187 million mobile subscribers in Bangladesh and nearly 75 percent of households owning smartphones, the mobile repairing sector offers strong income opportunities. The initiative aims to bridge the skills gap and connect young people to these opportunities.This initiative reflects MetLife Foundation’s commi...

Aug112026 by Statement DeskNo Comments

National Bank Exchange House Remitters Honoured at “2nd Bangladesh Remitters Recognition 2026” in Singapore

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Five remitters of National Bank Exchange House were honoured with the "2nd Bangladesh Remitters Recognition 2026" award in Singapore on August 10, 2026. State Minister for Foreign Affairs Shama Obaed Islam presented the awards. The event recognised expatriate remittance warriors who have made significant contributions to the country's economy by sending remittances through legal or banking channels. In the individual category, Md. Rezaul Karim, Nazmul Arefin, and Md. Omar Faruk Sabuj received awards in the "By Volume" category for sending the highest amount of remittances through National Bank Exchange House. Mohammad Babul and Mohammad Jamiul Islam received awards in the "By Frequency" category for sending remittances most frequently through the same institution.Speaking as guest of h...

Aug102026 by Statement DeskNo Comments

Shamima Akter Lovely, New HoHR of National Bank

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Shamima Akter Lovely joined National Bank PLC as Senior Executive Vice President (SEVP) and Head of Human Resources (HoHR) on Monday, August 10, 2026, bringing more than 24 years of leadership experience in all facets of human resources. Ms. Shamima has extensive experience in organizational restructuring, workforce optimization, talent and performance management, compensation & benefits, HR technology, learning and development, employee relations, and change management.Prior to joining National Bank PLC, she served as Head of Human Resources at Shimanto Bank PLC. Her distinguished career also includes senior leadership roles at IDLC Finance Limited, Velwire Ltd., Avery Dennison Bangladesh Ltd., Heidelberg Cement Bangladesh Ltd., Concern Bangladesh, and Square Fashions Limited (Sis...

Aug92026 by Statement DeskNo Comments

Banglalink partners with BURO Bangladesh for connectivity and digital solutions

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Country's leading digital operator Banglalink has signed an agreement with BURO Bangladesh, one of the country's largest microfinance institutions, to provide connectivity and digital solutions to the organization.Under the agreement, Banglalink will provide connectivity and enterprise digital solutions to BURO Bangladesh, supporting the organizations communication needs through reliable digital services. The partnership reflects the shared commitment of both organizations to leveraging technology for greater efficiency and seamless connectivity. The signing ceremony was held on Tuesday at the head office of BURO Bangladesh. Kazi Mahboob Hassan, Chief Marketing Officer of Banglalink, and Farmina Hossain, Director Operations of BURO Bangladesh, signed the agreement on behalf of their r...

Aug92026 by Statement DeskNo Comments

BRAC Bank opens Digital Service Centre in Gulshan for 24/7 service

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BRAC Bank has inaugurated a Digital Service Centre on Gulshan Avenue in Dhaka, reinforcing its commitment to delivering convenient, technology-driven banking services around the clock.The new self-service centre styled BRAC Bank Fast Track operates 24 hours a day, seven days a week, enabling customers to access essential banking services at their convenience. Located in the prominent commercial hub of North Gulshan and equipped with two Cash Recycling Machines (CRMs) and one Automated Teller Machine (ATM), the centre offers cash withdrawals, cash deposits, fund transfers, and other services.To enhance the customer experience, a dedicated Digital Ambassador will assist visitors with digital account opening, the Astha app through Astha Sheba, and provide guidance on deposit and loan ...

Aug82026 by Statement DeskNo Comments

Industry Leaders Converge at China-Bangladesh Ceramics Annual Conference 2026

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The Bangladesh Ceramic Manufacturers & Exporters Association (BCMEA), in collaboration with Foshan Uniceramics Expo, China, successfully hosted the China-Bangladesh Ceramics Annual Conference 2026 today at the Lakeshore Hotel in Dhaka. Centered on the theme "Empowering Technology, Winning Tomorrow Together," the conference brought together international delegates, technical experts, and industry leaders to explore the future of ceramic manufacturing through bilateral cooperation and technological advancement.Opening the event, Irfan Uddin, General Secretary of BCMEA and Director of FARR Ceramics Ltd., emphasized that progress in the modern era is inextricably linked to partnership. "Empowering technology, winning tomorrow together reflects our belief that meaningful collaboration, ...

Aug82026 by Statement DeskNo Comments

Daraz 8.8 Great 8 Sale Brings Mega Deals, Brand Rush Hour, and Exclusive Payment Offers to Shoppers Nationwide

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Daraz Bangladesh is set to launch its highly anticipated 8.8 Great 8 Sale with More Brands, More Deals and More to Love, offering customers across the country an exciting opportunity to enjoy exceptional savings, exclusive brand offers, and rewarding shopping experiences. The campaign will go live on 7 August (8 PM onwards) and continue until 12 August 2026, bringing together some of the season’s most attractive deals across a wide range of product categories.Designed to deliver maximum value to shoppers, the campaign features a compelling lineup of offers including Prepayment Vouchers offering up to 12% discount, Mega Deals with discounts of up to 70%, Flash Sales and Hot Deals with discounts of up to 80%. Customers can also enjoy site-wide delivery discounts and Free Delivery on sele...

Aug72026 by Statement DeskNo Comments

Banglalink Stands with Communities During the Monsoon

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Banglalink, the country’s leading digital operator, recently distributed over 12,000 raincoats among rickshaw and van pullers across 10 city corporations during the ongoing monsoon season. The initiative covered major urban hubs, including Dhaka, Gazipur, Chattogram, Khulna, Barishal, Rangpur, Bogura, Sylhet, Mymensingh, and Rajshahi.As a caring brand, Banglalink designed this initiative to address the everyday challenges faced by essential daily earners like rickshaw and van pullers who have little choice but to brave the downpours, often getting drenched with no one standing by to support them.Recognizing this reality, Banglalink stepped in to care for those who need it the most. For the operator, being a responsible brand is not only limited to the expansion of its core connecti...