Business

Dec82024 by No Comments

Moynul Islam new acting president of BCMEA

The vice chairman of Monno Ceramic Ind Ltd Moynul Islam has been selected as the President (acting) of Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) in absence of Md Shirajul Islam Mollah.Moynul was selected in the 51th board meeting held on Saturday at a hotel in the capital. Earlier, he was serving the association as Senior Vice President for 2023-24 period.Director of FARR Ceramics Ltd Irfan Uddin has been serving as General Secretary of the association while Mamunur Rashid as Senior Vice President. And other vice presidents are Engr. Ruslan Nasir, Abdul Hakim (Sumon), Tanvir Ahmed, and Sifat E Arman.Besides, directors of the board are Md. Shirajul Islam Mollah, S.M. Faruqi Hasan, Md. Shamsul Huda, Fariyan Yusuf, Ayesha Sanaa Asif Tabani, and Rasheed Mym...

Dec72024 by No Comments

BRAC Bank named Best Banking Partner by ZTE Bangladesh

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BRAC Bank has been honoured as the ‘Best Banking Partner of the Year 2023’ by ZTE Corporation Bangladesh Ltd. for its excellence in corporate banking.This recognition by ZTE Bangladesh, a leading multinational telecommunications company, reaffirms BRAC Bank’s unparalleled commitment to delivering innovative and customised banking solutions that facilitate seamless financial operations for corporate and institutional clients.Tareq Refat Ullah Khan, Deputy Managing Director and Head of Corporate & Institutional Banking at BRAC Bank, formally received the accolade from Mao Junyong, Managing Director & CEO of ZTE Corporation Bangladesh Ltd., on November 24, 2024, at a ceremony held in Dhaka.BRAC Bank has been a trusted financial partner to ZTE Corporation Bangladesh Ltd., p...

Dec62024 by No Comments

Dr. Muhammad Mehedi Hasan Joins BASIS as Administrator

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Dr. Muhammed Mehedi Hassan, Additional Secretary of the ICT Division, officially assumed his role as the Administrator of the Bangladesh Association of Software and Information Services (BASIS).The newly appointed Administrator began his duties with a formal joining ceremony at the Ministry of Commerce in the morning. Later, he took charge during an event held at the BASIS office. Several BASIS members and Secretariat officials were present at the occasion.Dr. Mehedi participated in a brief discussion session in the BASIS boardroom, where he sought the cooperation of all members in fulfilling his responsibilities. He stated, "BASIS has been working tirelessly to advance the country's software and IT sector. I will do my utmost to take this sector further on the international stage....

Dec62024 by No Comments

BRAC Bank makes SME financing more accessible to Agar-Attar entrepreneurs

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BRAC Bank, under the guidance of Bangladesh Bank, organised a workshop for entrepreneurs in the Agar-Attar sector in Moulvibazar.The workshop focused on empowering entrepreneurs, raising awareness, and promoting product diversification among perfume manufacturers through collateral-free financing and customer engagement.The bank initiated this awareness session as part of Bangladesh Bank’s CMSME cluster financing initiative.As an SME-focused bank, BRAC Bank provides unsecured loans to SME entrepreneurs in the Agar-Attar cluster in Moulvibazar at single-digit interest rates.BRAC Bank hosted the event on November 17, 2024, at a hotel in Borolekha, Moulvibazar, in accordance with Bangladesh Bank's directives.Nawshad Mustafa, Director of the SME and Special Programmes Depar...

Dec52024 by No Comments

BRAC Bank conducts sensitisation workshop on disability inclusion

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BRAC Bank has conducted a sensitisation workshop on disability inclusion in collaboration with the Bangladesh Business and Disability Network (BBDN), under its flagship CSR programme‘Aporajeyo Ami’.The session, held on November 24, 2024, aimed to inspire 30 members from the Young Leaders (YL) batches of 2022 and 2023 to embrace inclusivity in the workplace.The three-hour workshop was designed to break myths, stigma, and stereotypes about disabilities while fostering awareness about the barriers faced by persons with disabilities.It also highlighted practical approaches to creating an enabling environment for employees and customers with disabilities within financial services and beyond.The sessions, led by Aziza Ahmed, Development Professional at BBDN, covered various topic...

Dec42024 by No Comments

Uber Marks 8 Years in Bangladesh

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Uber, the leading ridesharing app, is marking a significant milestone in November - its 8th anniversary in Bangladesh. Since its launch in November 2016 in Dhaka, Uber has been a driving force in the country’s transportation sector, gradually expanding its services to cater to the diverse needs of the people.Uber Bangladesh has been pivotal in driving economic growth, achieving several key milestones over the past eight years. The platform has served over 7.2 million riders and provided livelihood opportunities for over 350,000 driver-partners. The sheer scale of Uber’s operations is truly staggering. In the 8 years of operation, Uber drivers have travelled over 122 Crore kilometers, equivalent to travelling from Earth to the Moon over 3000 times!Since its launch 8 years ago, Uber ...

Dec42024 by No Comments

Marquis Pumps and Sanitary Ware Dealers Meet-2024 Held

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The Marquis Pumps and Sanitary Ware Dealer Meet-2024 of Modern Electrical Works Limited, a concern of MEL Group, which started its journey in 1983 with the latest design products made with European technology, was held at a five-star hotel in the capital.Engn. Jawaherul Ghani, Chairman of MEL Group, was present as the chief guest. Founder Director Noor Mohammad, Vice President of Ningbo-Marquis Hi-Tech Co. Ltd. Ni Gupming, General Manager of Teams International Group Wang Yixin, Bangladesh Country Manager of Water Pump Wang Fei, Bangladesh Country Manager of Sanitary Ware Mao Jianning were present as special guests.MEL Group's new brand of kitchen and bath ware 'Dorfen' was officially launched at the conference. A spectacular exhibition of Marquis pumps and sanitary ware, Dorfen br...

Dec32024 by No Comments

Aminul Hakim Appointed as BIGF Chair

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A new committee has been formed for the 2024-2026 tenure at the Bangladesh Internet Governance Forum (BIGF). Mohammed Aminul Hakim, CEO of Amber IT Limited has been elected as the Chairperson of this new executive committee.The Internet Governance Forum (IGF) is a multi-stakeholder governance group for policy dialogue on issues of Internet governance. Bangladesh Internet Governance Forum (BIGF) has been established to accelerate internet governance activities with the UN. It is a multi-stakeholder platform that governs various internet activities along with advisement to the government to develop internet use in Bangladesh.The new Chairperson of BIGF Mohammad Aminul Hakim said, Not only domestically, we must construct policies on the internet internationally too. Also to eliminate ...

Dec32024 by No Comments

BRAC Bank to provide advanced cash management and supply chain financingsolutionsto PRAN-RFL

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BRAC Bank has partnered with PRAN-RFL Group, a leading conglomerate in Bangladesh, to offer advanced cash management solutions and supply chain financing to optimise their working capital and financial operation. As part of this collaboration, BRAC Bank will deliver a customised payment facility that allows PRAN’s ERP system to initiate transactions directly through API integration. This eliminates the need for manual processes like the Corpnet Maker module, reducing human error and ensuring secure, real-time data sharing. PRAN-RFL will also benefit from real-time account statements integrated with their ERP system, which will enable faster decision-making, automatic reconciliation, and improved efficiency in order processing and time to market. Additionally, BRAC Bank will facilitate d...

Dec32024 by No Comments

UCB offers skill development training to 150 agri-entrepreneurs in 6 upazilas in Munshiganj

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United Commercial Bank PLC's (UCB) agricultural support scheme 'Bhoroshar Notun Janala' has conducted its 57th skill-development training session in Munshiganj. A total of 150 agricultural entrepreneurs from 6 upazilas participated in the session, which took place at the Zara Convention Center, Maya Market Raytola, Mirkadim, Munshiganj. As part of its Corporate Social Responsibility (CSR) initiative, UCB has been conducting such training across various districts nationwide per the directives of the Bangladesh Bank. The training is being held to empower promising agricultural entrepreneurs by providing them with essential skills and knowledge. The 57th skill development occurred across 6 upazilas of Munshiganj: Munshiganj Sadar, Louhajong, Gazaria, Srinagar, Sirajdikhan, and Tongibari. T...