Business Archives - Page 65 of 101

Jun252024 by No Comments

UCB and SME Foundation Collaborate for Credit Wholesaling Program

United Commercial Bank PLC (UCB) and SME Foundation have formalized a pivotal partnership aimed at bolstering credit access for CMSME (Cottage, Micro, Small, and Medium Enterprises) customers through a Credit Wholesaling Program. Recently the agreement was formalized at a renowned hotel in Dhaka, marks a significant step towards providing low-cost credit support to SMEs across Bangladesh. Mr. Salahuddin Mahmud, Acting Managing Director of SME Foundation, and Mr. Md Shah Alam Bhuiyan, Deputy Managing Director of UCB, exchanged the agreement on behalf of their respective organizations. The ceremony was graced by Ms. Zakia Sultana, Senior Secretary of the Ministry of Finance, Mr. Abdur Rahman Khan FCMA, Secretary of the Department of Financial Institutes under the Ministry of Finance, Prof...

Jun252024 by No Comments

Infinix achieves exceptional global market share growth in Q1 2024

Breaking News, Business

Infinix, a trendy tech brand crafted for young consumers, reports exceptional growth in Q1 2024. According to International Data Corporation’s (IDC) Worldwide Quarterly Mobile Phone Tracker, Infinix achieved the highest year-on-year global market share growth amongst all major smartphone brands worldwide. Infinix's market share grew from 1.7% to 3.7% year-on-year in Q1 2024. Additionally, its global smartphone shipments surged by 150.6%, marking four consecutive quarters of rapid and sustained growth. "We are thrilled with our exceptional first-quarter performance in 2024," said Tony Zhao, General Manager at Infinix. "Our dedicated team has worked tirelessly to bring tech-savvy consumers top-notch products at affordable prices. The launch of our acclaimed Infinix NOTE 40 Series and I...

Jun252024 by No Comments

GDDA and ShareTrip Join Forces to Offer 1% Extra discount

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In a momentous collaboration aimed at enhancing benefits for investors, Green Delta Dragon Asset Management Company Limited (GDDA) and ShareTrip convened on June 6th, 2024, for an exclusive partnership signing ceremony. The partnership announcement brings forth an additional 1% discount exclusively for GDDA investors on ShareTrip's both International and Domestic flight tickets, supplementing all existing generic discount offer available in the market. The ceremony, graced by Mr. Shahbaj Talat, Managing Director of GDDA, alongside Mr. Kashef Rahman, Founder, and CEO of ShareTrip, unfolded at ShareTrip's headquarters, marking a significant milestone in the travel industry. This strategic alliance underscores the collective commitment of GDDA and ShareTrip to provide unparalleled value to...

Jun242024 by No Comments

OnePlus Bangladesh launches feature-packed flagship-level OnePlus Nord CE4 Lite 5G

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OnePlus has just opened a new chapter of innovation by delivering an all-around flagship-level user experience with the launch of a cutting-edge smartphone model—OnePlus Nord CE4 Lite 5G. The device was launched officially for Bangladesh on the 24th of June 2024. Offering a suite of impressive features, the device promises to provide unparalleled performance at a great value and is now up for pre-orders with lucrative pre-order benefits and attractive gifts. Locally made OnePlus Nord CE4 Lite 5G has passed all required testing by Bangladesh Government to ensure quality and confidence in their product. OnePlus Nord CE4 Lite 5G comes with a 5,500mAh High-capacity Battery allowing users two days of regular use on a full charge, 80W SUPERVOOC Fast Charging with which the decvice can can be ...

Jun232024 by Statement DeskNo Comments

Guardian Life Insurance Limited signs strategic partnership agreement with BRAC Healthcare

Breaking News, Business

In recent times, many people in the country lack insurance coverage due to the current generation's reluctance to save for the future. Despite such grim realities, many people of the country are still out of the coverage of insurance services. Guardian Life Insurance Limited has recently signed a strategic partnership agreement with BRAC Healthcare to address this problem and make the process of buying insurance policies and related services easier. The partnership has been made keeping in mind the growing demand for micro health insurance policies in the country. From now onwards, BRAC Healthcare will be able to sell Guardian Life Insurance’s policies and other services through the digital platform to its registered members, making the process of buying insurance more convenient than e...

Jun152024 by No Comments

GPStars to Enjoy Exclusive Eid Privileges with 8,000 Partner Outlets

Breaking News, Business

Grameenphone, prioritizing customer demand nationwide, is currently providing exclusive GPStar rewards at 8,000 partner outlets across various categories. Just in time for Eid-ul-Adha, these rewards are designed to make the occasion even more special for Grameenphone’s GPStar customers. This significant milestone allows Grameenphone to offer loyal customers a broader range of privileges and exclusive benefits, ensuring enhanced convenience and a holistic solution to their everyday and celebratory needs. These privileges include special discounts, offers, and services tailored to enhance their festive experience, ensuring a memorable and enjoyable celebration. These include exclusive benefits in the online cattle market, discounts at popular clothing and footwear brands, offers on electr...

Jun142024 by No Comments

Agritech startups Fashol and SAFE open farmers’ centers in the northern region

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Agritech startup Fashol Dotcom Limited and SAFE have collaborated to establish three Farmers' Centers in the Barendra region, notably in Natore, Rajshahi, and Bogura districts, to address the challenges farmers encounter when selling their produce. The Fashol Farmers' Centers were opened last Monday in the presence of nearly 300 farmers. Among those who attended the event were SAFE founder Arifa Jesmin Kanika, Fashol founder and CEO Sakib Hossain, SAFE co-founder Nasima Akter Nisha, Singra Municipality Mayor Md. Jannatul Ferdous, Fashol co-founder Mamunur Rashid, agricultural officers from the three sub-districts and Fashol's Head of Distribution Nasir Uddin. According to government agricultural officers, these three sub-districts are home to about 400,000 farmers. These farmers sell thei...

Jun132024 by No Comments

UCB extends support to agricultural scientists for testing efficacy of organic pesticides

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Scientists of the Entomology Division of Bangladesh Agricultural Research Institute (BARI) are testing the efficacy of organic pesticides to ensure safe vegetable production. United Commercial Bank PLC (UCB) has lent a hand to the scientists under its Agro-CSR project to do this job properly. They conducted this experimental research in the farmlands of the farmers hailing from Bogura and Rangpur. Dr Nirmal Chandra, Mustafizur Rahman, Harun or Rashid and other scientists are in the research team. Under this initiative, the efficacy of technology has been highlighted through different activities such as farmer training, exhibition and field day celebration. In an event organized on the occasion of Field Day at Rangpur's Mithapukur, apart from the scientists of BARI's Entomology Division, ...

Jun132024 by No Comments

Infinix Eid celebration starts with first bike winner Rasel

Breaking News, Business

With an unexpected stroke of luck, Rasel Ahmed from Gazipur became the first lucky winner of Infinix’s “EID Bonanza” campaign. He won an exclusive bike by purchasing the Infinix Note 30 smartphone, an eligible model under the campaign. After purchasing the smartphone, Rasel send the required SMS, and in reply he got the exciting news. Rasel bought the Note 30 from Masum Telecom- Infinix Shop, Mawna, Gazipur. A long-time admirer of Infinix smartphones, Rasel decided to purchase the Note 30, unaware that this simple purchase would lead to a surprising reward. “I couldn’t believe it when I got the call,” Rasel expressed. “I’ve always liked Infinix phones for their features and affordability, and winning a bike is just incredible!” The “EID Bonanza” campaign will continue until June 2...

Jun132024 by No Comments

National Bank Inaugurates its First Bangla QR Merchant at Benarasi Palli

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On June 13, 2024, the National Bank Limited inaugurated its first Bangla QR merchant at Benarasi Palli, Mirpur. The event took place at Benarasi Kuthi and was inaugurated by Md. Touhidul Alam Khan, Managing Director & CEO of National Bank. The inauguration was attended by Imran Ahmed, the Deputy Managing Director; Kazi Kamal Uddin Ahmed, the Head of the ITD & SEVP; and Harun Ur Rashid, the owner of Benarasi Kuthi, among many others. During the inauguration, Md. Touhidul Alam Khan experienced the Bangla QR service by completing a live transaction after making a purchase at Benarasi Kuthi. It should be mentioned that National Bank officially launched the Bangla QR service on June 11, 2024. The bank will function as both a Bangla QR Acquirer and Issuer, allowing NBL customers to...