Business

Dec22024 by No Comments

Suzuki Bangladesh Unveils Motogp-Inspired Fastest 250cc Bikes: The Suzuki Gixxer 250 And Gixxer Sf 250

Suzuki Bangladesh has officially launched the highly anticipated Suzuki Gixxer 250 Series, a benchmark in performance and design inspired by MotoGP technology. The grand unveiling event took place on December 1st, 2024, at Aloki, Tejgaon, Dhaka, attended by Suzuki brand ambassador and renowned actor Siam Ahmed, along with higher authorities from Suzuki Bangladesh, including Romo Rouf Chowdhury, GMD of RANCON, Farhana Karim, MD of RANCON Holdings Limited. The event also featured Shoeb Ahmed, Divisional Director; AKM Tauhidur Rahman, Chief Operating Officer; Ameen Mahmood, Head of Marketing. The Suzuki Gixxer 250 and Suzuki Gixxer SF 250 bring cutting-edge performance and technology to the Bangladeshi motorbike market. Equipped with a 250cc single-cylinder engine featuring advanced Fuel Inj...

Dec12024 by No Comments

Banglalink signs MoU with SBAC Bank to offer Enterprise ICT Solutions

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Innovative digital operator Banglalink has recently signed a Memorandum of Understanding (MoU) with South Bangla Agriculture and Commerce Bank Public Limited Company (SBAC Bank PLC). SBAC Bank, a private commercial bank in Bangladesh, offers a wide range of banking products and services to individuals, businesses, and corporate clients. Under this agreement, Banglalink will be offering ICT solutions including SMS broadcast and voice connections (corporate connectivity), which will help SBAC bank to expand their customer marketing services and reach new customers. This agreement will help them cater to the needs of the customers in a more convenient way. An MoU signing event was held at Tiger's Den (Banglalink Head Office) in Gulshan on 21 November 2024. Mohammed Shafiul Azam, Executive V...

Nov302024 by No Comments

BASIS Signs MoU with NRB Bank PLC

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BASIS signed a Memorandum of Understanding (MoU) with NRB Bank PLC on November 27, 2024, at the bank's head office. This partnership introduces two flagship offerings for BASIS members: the exclusive start-up financing product “NRB Shuchona” and specialized corporate credit card services for commercial and enterprise purposes.The collaboration aims to provide BASIS members with easier access to financial resources, fostering entrepreneurship and supporting the growth of the ICT sector. The agreement removes a significant barrier for start-ups by offering collateral-free loans, enabling quick and hassle-free funding to focus on business expansion and innovation. Additionally, tailored corporate credit cards will simplify business expense management, covering costs such as travel, office...

Nov302024 by No Comments

Daraz 11.11 Transforms E-commerce Experience in Bangladesh

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Daraz, the leading e-commerce platform in South Asia and the country’s largest online marketplace, has concluded its highly anticipated 11.11 Biggest Sale of the Year, marking the 7th consecutive season of this eagerly awaited shopping festival. The event, which ran from midnight of 11 November until 21 November 2024, launched with unmatched enthusiasm, drawing millions of eager shoppers who took advantage of Tk 50 crores worth of vouchers, Free Delivery, and Flash Sales offering up to 80% discounts.11.11 shopping trends and customer favouritesThis year’s 11.11 campaign showcased a remarkable variety of products across popular categories. Men’s and Women’s Accessories, Audio Devices, Mobile Accessories, Skincare, and Bath & Body items topped the list of customer favorites. Esse...

Nov302024 by No Comments

BRAC Bank, Chittagong Independent University partner to empower women entrepreneurs through ‘Uddokta 101’

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BRAC Bank has partnered with Chittagong Independent University (CIU) to launch an academic collaboration for the bank’s signature programme, ‘Uddokta 101,’ which aims to advance women's entrepreneurship.This partnership was formalised through a Memorandum of Understanding (MoU) ceremony held on October 29, 2024, at the CIU campus in Jamal Khan, Chittagong.‘Uddokta 101’ is a comprehensive three-month certification course designed to help women entrepreneurs expand their business knowledge, enhance their skills, and build valuable networks.The programme will equip participants with essential insights into a variety of business topics, empowering them to grow and expand their businesses sustainably.Syed Abdul Momen, Deputy Managing Director and Head of SME Banking of BRAC Bank...

Nov292024 by No Comments

Team ‘Pardon Us, Coming Through’ from BUP triumphs in ‘Battle of Minds’ 2024

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Country’s pioneering business case competition platform ‘Battle of Minds’ concluded its 21st edition yesterday, November 28, 2024, at the Grand Ball Room, Radisson Blu Water Garden in Dhaka. The competition encourages the development of next-generation business leaders by empowering young talents to explore their capabilities, transcend limitations, and embrace contemporary challenges with determination.This year’s competition was graced by the presence of Professor Dr. Niaz Ahmed Khan, Vice Chancellor, University of Dhaka, as the Chief Guest. During his speech, Professor Niaz emphasized the transformative power of empowering the youth and highlighting their immense potential to fuel the economy and drive positive changes across the community. He applauded ‘Battle of Minds’ for their e...

Nov282024 by No Comments

BRAC Bank leaders call for future readiness at Annual Risk Conference 2024

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The leaders of BRAC Bank have called for prior preparedness to face risks likely to surface in the future as the bank held its Annual Risk Conference 2024.Veteran bankers and experts weighed in on unseen risks, especially in the digital banking ecosystem and cyberspace, as the banking sector navigates challenges of constantly evolving risks. They urged re-examining the existing risk management framework and making it future-ready to withstand risk emergencies.The bank organises a risk conference annually to raise co-workers' awareness of risks in daily banking operations and find effective ways to overcome them.The conference was organised in line with Bangladesh Bank Risk Management Guidelines for Banks 2018.More than 1,000 co-workers, including Branch Managers, Branch Operati...

Nov272024 by No Comments

Bank Asia celebrates 25 years of excellence in banking services

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Bank Asia, a leading bank in the country’s banking sector, celebrated its 25th anniversary today on November 26, 2024. To this end, a grand event was organized at Pan Pacific Sonargaon, Dhaka, with the bank’s President and Managing Director, Sohail RK Hussain, Additional Managing Directors Shafiuzzaman and A. N. M. Mahfuz, Deputy Managing Directors Mohammad Ziaul Hasan Molla, S. M. Iqbal Hossain, Alamgir Hossain, Muhammad Mostofa Haikal Hashmi, S. M. Anisuzzaman, Arekul Arefin, and Mirza Azhar Ahmed in attendance. Senior departmental heads and the Chief Financial Officer were also present on the occasion.Since its inception, Bank Asia has been at the forefront of introducing innovative banking services with its pioneering role in transforming the nation’s economic landscape. The bank l...

Nov272024 by No Comments

225 agri-entrepreneurs from Brahmanbaria receive training

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United Commercial Bank PLC Limited's (UCB) agricultural support scheme 'Bhoroshar Notun Janala' conducted its 56th skill-development training session in Brahmanbaria. 225 agricultural entrepreneurs from 9 upazilas of the district received this training on November 27, 2024, in the district's Advocate Syed Sirajul Islam Municipal Community Center, Tanker Par (Loknath Dighi Par). In accordance with the directives of the Bangladesh Bank, UCB has been organizing such training in different districts of the country for promising agricultural entrepreneurs as part of its Corporate Social Responsibility (CSR) initiative. The day-long event welcomed Rezaul Karim Siddique, Presenter of BTV's agriculture-based show 'Mati O Manush' and an agricultural analyst, as event chair. Md. Ridwanul Haque, SEV...

Nov262024 by No Comments

Rancon Motors signs agreement with Crack Platoon for charging solutions

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An agreement has been signed between Rancon Motors and Crack Platoon Charging Solutions. By the agreement Crack Platoon Charging Solution will provide seamless charging solutions for Mercedes-Benz electric vehicles.Redwanul Zia, CEO of Rancon Motors Limited (Mercedes-Benz Bangladesh), and Md. Tenver Sahariar Utso, MD of Crack Platoon Charging Solution Limited, signed an agreement to provide and establish advanced electric vehicle charging solutions for EV users in Bangladesh.Currently, they operate over 20 AC chargers nationwide, with 10 DC fast chargers to be deployed by January 2025. The Charge Easy app, available on the App Store and Google Play, ensures seamless charging access and secure digital payments via bank cards and mobile financial services.This collaboration aims ...