Business

Nov52024 by No Comments

JICA organizes Mediation Training for legal professionals under A2J Project

Japan International Cooperation Agency (JICA) in collaboration with Law and Justice Division (LJD) of the Ministry of the Law, Justice and Parliamentary Affairs and Judicial Administration Training Institute (JATI) organized a Mediation Training program for Legal Professionals, titled ‘Development of Mediation and Civil Litigation Practices for Enhancement of Access to Justice Project (A2J Project)’. The training held from November 1 to November 2, 2024, at JATI, Dhaka.LJD in collaboration with JICA launched A2J Project in April 2024 to ensure effective access to justice in Bangladesh. To achieve this goal A2J Project organized the Mediation Training for judges, District Legal Aid officers and lawyers to further strengthen the capacity of legal professionals as these legal professional...

Nov52024 by No Comments

iFarmer, UCB and VISA partner to strengthen digital payment system for farmers

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Bangladesh has made significant strides in transitioning towards a cashless economy, and to further deepen the measures, iFarmer has collaborated with United Commercial Bank (UCB) and VISA to launch Farmer Cards. On this occasion, iFarmer distributed this card among 17 registered farmers in an event organized at Chutipur of Damurhuda upazila under Chuadanga district on 31 October. In the initial phase of this program, cards will be distributed among 150 farmers hailing from different areas. iFarmer plans to distribute it among more farmers in future to strengthen the digital payment system across the country.The primary objective of the joint venture is to promote cashless transactions among farmers and to strengthen digital payments across the economy. The Farmer Cards will help the f...

Nov42024 by No Comments

Ameen Mahmood joins Suzuki Bangladesh

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Suzuki Bangladesh has appointed Ameen Mahmood as Head of Marketing to drive the next phase of growth of one of its units 'Rancon Motor Bikes Ltd'. Prior to joining Suzuki, Mr Mahmood held prominent positions at leading electromechanical company Energypac. He was there instrumental in expanding the market. Ameen Mahmood brings in more than 16 years of industry experience in strategic marketing, brand management and customer engagement.

Nov42024 by No Comments

Direct air link to Africa help Bangladesh becoming regional hub: Touhid Hossain

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Foreign Adviser Md Touhid Hossain has expressed confidence that the newly established direct air connectivity between Bangladesh and Africa by the Ethiopian Airlines, will support Bangladesh's vision of becoming a regional aviation hub. "The direct air link between Bangladesh and Ethiopia will not only support tourism, trade, and investment but will serve as a gateway to the wider African continent," he said while addressing virtually the gala launch event on Sunday evening at a city hotel celebrating Ethiopian Airlines’ official operation into the Bangladesh. The inaugural flight of Ethiopian Airlines, Africa’s largest carrier, landed in Dhaka on Sunday morning marking the start of operations on the Addis Ababa-Dhaka-Addis Ababa route. In his remarks, Adviser Hossain highlighted the st...

Nov42024 by No Comments

General and Industrial Jobs Dominate, with Accountants Leading Bangladesh’s Skilled Migration Boom

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For the first time, Accounting has made it into the top 10 jobs for Bangladeshi migrants, with almost 13,000 accountants travelling abroad between January and June, signifying a growing demand for skilled workers from Bangladesh. Ami Probashi, a Bangladeshi digital platform designed to promote transparency, reduce migration costs, and speed up migration, has published its half-yearly report on migrating workers. The report also finds Saudi Arabia the most preferred destination for workers, as last year. The first six months of the 2024 alone witnessed a robust migration, with over 500,000 workers flying abroad for employment. Among this half a million, approximately 250,000 migrant workers chose Saudi Arabia as their preferred destination between January and June. The Kingdom of Saudi Ara...

Nov42024 by No Comments

Banglalink Hosts Womentor Experience Day with Proyash

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Banglalink hosted an Experience Day as part of its Womentor program, in line with its commitment to inspiring the next generation of female leaders.The Womentor Program is Banglalink’s flagship mentorship initiative designed to identify and develop future female leaders in STEM (Science, Technology, Engineering, and Mathematics). It connects graduating students with Banglalink's female tech leaders, providing them with a unique six-month mentorship journey to build skills and receive career guidance from industry experts. Now in its fifth edition, this program reinforces Banglalink’s goal to foster an inclusive future in alignment with the company’s Employee Value Proposition, “Lead the Future.”Held at the Proyash Institute of Special Education, a special education and research ins...

Nov32024 by No Comments

Ethiopian Airlines Launches Operations in Bangladesh

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Ethiopian Airlines, Africa’s largest carrier, marked its official entry into Bangladesh today with the arrival of its inaugural flight on the Addis Ababa-Dhaka-Addis Ababa route. This significant milestone was celebrated at HazratShahjalal International Airport (HSIA) as Ethiopian Airlines’ Boeing 787-900 Dreamliner, flight ET 678, touched down at 8:45 a.m., receiving a ceremonial water cannon salute. The water cannon salute, a traditional aviation welcome, honored Ethiopian Airlines’ arrival as a new operator, with sprays of water arching over the aircraft upon landing to mark this momentous occasion. The return flight departed HSIA for Addis Ababa at 9:45 a.m., initiating regular services between the two capitals. Operating five flights weekly, Ethiopian Airlines offers Bangladeshi t...

Nov12024 by No Comments

Xiaomi Ranks in the Best 100 Companies in the World

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Xiaomi has once again demonstrated its strong global presence by securing in the top 100 global brand in the prestigious Interbrand Global Best Brands Ranking 2024. Securing the 87th position in the 2024 Interbrand Global Best Brands Ranking, Xiaomi continues to reinforce its status as a major global tech player. For the past 25 years, the Interbrand Global Best Brands Ranking has served as a significant benchmark for global brand excellence, and Xiaomi’s recent achievement is a testament to its ever-growing influence. According to Inerbrand’s ranking Xiaomi’s brand value has now reached USD 8 billion, marking around 10% year-over-year growth and highlighting its resilience in a competitive market. The company's dedication to creating top-tier products has resonated globally, evident fro...

Nov12024 by No Comments

BASIS’s has New Leadership

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M Rashidul Hasan has become the new president and Mostafizur Rahman Sohel, senior vice president of Bangladesh Association of Software and Information Services (BASIS).This development follows the resignations of former President Russell T. Ahmed and Vice President (Finance) Iqbal Ahmed Fakhrul Hasan, creating vacancies in both positions. In an urgent executive committee meeting held on Wednesday, October 30, 2024, the BASIS Executive Committee (2024-26) voted to elevate Senior Vice President MRashidul Hasan to President, Director Md. Mostafizur Rahman Sohel to Senior Vice President, and Director M Asif Rahman to Vice President (Finance).In its 332nd meeting, the committee members collectively decided to proceed without co-opting any external members, intending to manage all functions ...

Oct312024 by No Comments

United Commercial Bank brings VISA Payment Gateway Solution “CyberSource”

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United Commercial Bank PLC (UCB) has officially launched CyberSource, a Visa payment gateway solution aimed at enhancing payment management for businesses and merchants. This advanced solution offers secure, efficient, and scalable payment processing tailored to diverse client needs. The launch event, held at UCB's corporate office in Dhaka, marks a strategic move by UCB to support businesses in the digital economy.Mohammad Mamdudur Rashid, Managing Director & CEO of UCB, and Sabbir Ahmed, Visa's Country Manager for Bangladesh, signed the partnership agreement. Key figures present included Md Abdullah Al Mamoon, Deputy Managing Director and COO of UCB, and Golam Yeazdani, Head of Digital Banking & Transformation, along with other senior officials.Expressing optimism, Mohamm...