Business

Dec242024 by No Comments

Exhibition of agricultural products produced in the hills of Rangamati

In order to introduce and promote the agricultural products produced in the hill (Jumma Cultivation) for the economic development of the women of the hill, a day-long fair and festival has been held in Rangamati. The fair was held at Ashika Convention Hall in the New Market area of Rangamati city on Monday (December 23) morning. Awalin Khalek, assistant commissioner and executive magistrate of Rangamati district, inaugurated the fair by cutting the ribbon. A wide variety of fruits, vegetables, grains, cereals, fruits and vegetables are on display during the day-long fair. A variety of usable items of Jumia (jumma farmer) are also showcased. Through this fair, the visitors will get idea and harvesting of jumma cultivation in the hills. Also showcased the lifestyle and food habits of Jumias...

Dec232024 by No Comments

BRAC Bank coworkers to get free mental health consultation from Moner Bondhu

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BRAC Bank has partnered with Moner Bondhu, Bangladesh’s largest mental health service provider, to support the mental well-being of its coworkers.Starting December 1, 2024, all coworkers, and their spouses and children will have access to free professional mental health counselling services.The initiative provides a range of mental health support options tailored to the diverse needs of coworkers. From in-person counselling at the corporate office to online sessions via Zoom or WhatsApp, the programme ensures accessibility and convenience. The BRAC Bank coworkers can also visit any Moner Bondhu branch to receive counselling support.This initiative reflects BRAC Bank’s commitment to creating a workplace that prioritises emotional and psychological health alongside professional d...

Dec232024 by No Comments

Energypac AGM conveys prospects of business growth to shareholders

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Despite the recent uncertainties in the financial sector, Bangladeshi enterprises have immense potential to benefit from business-to-business growth.Managing Director and Chief Executive Officer of Energypac Power Generation PLC Humayun Rashid expressed his optimism at the 29th Annual General Meeting (AGM) of the company at Raowa Convention Hall in the city on Sunday. “The upcoming market will be far better. And I believe, business profitability will be higher in the coming days,” he told the shareholders.Energypac Power Generation PLC’s Chairman engineer Rabiul Alam chaired the meeting attended by other board directors and independent directors. According to the decision taken at the AGM, no cash dividend would be paid to shareholders this year owing to high interest rates, forex ...

Dec212024 by No Comments

AKIJ Resource Unveils Advanced Feeds to Elevate Livestock Production in Bangladesh

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AKIJ Agro Feed Ltd., a part of AKIJ Resource, has officially launched a wide range of high-quality feed products to empower livestock farmers and agro-entrepreneurs in Bangladesh. This new product catalog, recently unveiled at an event at the Radisson Blu Water Garden Hotel in Dhaka, promises to meet the quality demands of dealers, farmers, and nutritionists. Under the slogan "Result Hit," the initiative is set to revolutionize the agricultural sector by boosting growth and productivity in poultry, cattle, and fish farming. By harnessing the power of advanced European machinery, AAFL ensures maximum efficiency and results without human intervention.The launch event successfully gathered hundreds of influential business partners, key figures in the agriculture industry, and notable lead...

Dec212024 by No Comments

National Bank holds Regional Business Conference (Dhaka)

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National Bank hosted its Regional Business Conference (Dhaka) on Saturday, December 21, 2024 at Anchor Tower located at Banglamotor, Dhaka. The event was graced by Mr. Abdul Awal Mintoo, Chairman of National Bank as the Chief Guest. The conference was attended by Mr. Moazzam Hossain, Vice Chairman & Sponsor Director; Mr. Md. Abdus Satter Sarkar, Chairman of the Audit Committee & Independent Director; Mr. Md. Zulkar Nayn, Independent Director; Professor Dr. Melita Mehjabeen, Independent Director. Also present were Mr. Md. Touhidul Alam Khan, Managing Director & CEO; Mr. Syed Rois Uddin, Deputy Managing Director; Mr. Sheikh Akhter Uddin Ahmed, Deputy Managing Director; Mr. Imran Ahmed, Deputy Managing Director; Region Managers of Dhaka (South) and Dhaka (North), along with Branch...

Dec202024 by No Comments

BRAC Bank organises Annual Business Continuity Plan Drill 2024

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BRAC Bank has organised Annual Business Continuity Plan Drill 2024 to test and streamline its preparedness in the event of a disaster.The daylong drill included a simulation in which critical units vital to banking operations, such as Account Services, Asset Operations, Cards Operations, Payments & Transactions, Trade Services, Treasury Operations, Finance, Agent Banking, Call Center, among others, performed their BAU activities smoothly with minimum disruptions at that site.The bank has a comprehensive Business Continuity Plan in place to ensure smooth services to customers in case of a natural calamity or elements beyond the bank's control.A Business Continuity Plan (BCP) in banking is a framework that outlines procedures and recovery systems to help a bank continue to op...

Dec202024 by No Comments

BYD Bangladesh to organize training program for local drivers

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Leading electric vehicle manufacturer BYD is about to kick off a training campaign in Dhaka, Bangladesh for local drivers with a view to equipping them with the right knowledge and training required for driving new energy vehicles (NEV).As NEV is a relatively new phenomenon in the country and not so many drivers have hands-on experience of driving NEVs, this initiative is expected to play a crucial role in minimizing the knowledge gap among the drivers,opening doors to new employment opportunities within the country, equipping them with skills for driving NEVs overseas as well,and stepping towards the zero emissions and zero unemployment target of Bangladesh.Named ‘Build Your Dreams NEV (New Energy Vehicle) Training 2024’, this campaign comes as a phenomenal opportunity for Banglad...

Dec192024 by No Comments

BASIS Hosts ‘BASIS Japan Day 2024’ to Boost Bilateral Business

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To enhance Bangladesh-Japan trade relations, expand business opportunities, and showcase Bangladesh's capabilities in the ICT sector, the Bangladesh Association of Software and Information Services (BASIS) organized the ‘BASIS Japan Day 2024’ at the Renaissance Dhaka Gulshan Hotel on Tuesday, December 17, 2024.At the program, IwamaKiminori, Ambassador of Japan to Bangladesh, was present as the Chief Guest. Special Guests included the Secretary of the ICT Division, Shish Haider Chowdhury; Policy Advisor (ICT Coordination & Reform) of the ICT Division, FaizAhmad Taiyeb were also present.The event witnessed the presence of members of the BASIS Support Committee, representatives from various IT companies, Japanese business leaders, and officials from government and private organiza...

Dec192024 by No Comments

Bangladesh Bank organises workshop on financial literacy for journalists

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Bangladesh Bank has organised a workshop to disseminate financial literacy activities undertaken by the central bank to the media people.The daylong workshop titled ‘Central Banking Concept with Financial Literacy’ was aimed at informing the journalists about the significance of financial awareness and its impact on people and society for national development.More than 150 journalists who are members of Economic Reporters’ Forum took part in the capacity building session held at Hotel Purbani International in Dhaka on December 11, 2024.Ms. Husne Ara Shikha, Executive Director, Bangladesh Bank, attended the workshop as the chief guest. Md Iqbal Mohasin, Director, Financial Inclusion Department, Bangladesh Bank, Mohammad Refayet Ullah Mirdha, President, and Abul Kashem, General S...

Dec182024 by No Comments

National Bank wins ‘Remittance Award 2024’

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National Bank has been honored with the ‘Remittance Award 2024’ by the Ministry of Expatriates’ Welfare and Overseas Employment for its exceptional contribution to remittance collection during the fiscal year 2023-24. The award ceremony was held on December 18 at the Osmani Memorial Auditorium in Dhaka, as part of the event commemorating ‘International Migrants Day and National Expatriates Day 2024’.Sheikh Akhter Uddin Ahmed, Deputy Managing Director and Milton Roy, Head of the Foreign Remittance Division of National Bank, received the award on behalf of the Bank from Dr. Asif Nazrul, Advisor to the Ministry of Law, Justice and Parliamentary Affairs, and the Ministry of Expatriates’ Welfare and Overseas Employment, and Asif Mahmud Shojib Bhuyain, Advisor to the Ministry of Youth and Sp...