Business

Sep242024 by No Comments

Guardian Life Provides Emergency Cashless Service During Nationwide Internet Outage

It was July 2024, an ordinary Friday in Mohammadpur. A father and his 11 years son were enjoying a quiet day together , playing in gated residential society, unaware of the unrest brewing outside. Protests had erupted across the city, and tensions between students and law enforcement were escalating.Suddenly, the calm was shattered. A group of protesting students, chased by the police, rushed towards their gated community. In an effort to protect the students, the security guards opened the gates—unintentionally allowing both the fleeing students and pursuing police to enter.Within moments, chaos broke out. The air filled with teargas, and the sharp crack of rubber bullets echoed through the once peaceful neighborhood. Amid the confusion, the father and son were caught in the cross...

Sep242024 by No Comments

BASIS hosts ‘BASIS America Desk Stakeholders’ Meet’ to expand ICT business

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Bangladesh Association of Software and Information Services (BASIS) organized the 'BASIS America Desk Stakeholders’ Meet' with the goal of expanding and enhancing ICT business relations between Bangladesh and the United States.Held at the BASIS auditorium, the event was attended by James Gardiner, Acting Chief of the Economic Unit of the U.S. Embassy in Dhaka, John Fay, Commercial Counselor of the U.S. Embassy, BASIS President Russell T. Ahmed, Senior Vice President M. Rashidul Hasan, Vice President (Finance) Iqbal Ahmed Fakhrul Hasan, Directors Mir Shahrukh Islam, Biplob Ghosh Rahul, Chairman of the BASIS America Desk Noor Mahmud Khan, along with more than 70 members of the BASIS America Desk. The event was conducted by BASIS Vice President (Admin) Syed Mohammad Kamal.During the e...

Sep242024 by No Comments

London School of Economics’ Open Day held at UCB

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Universal College Bangladesh (UCB) has partnered with the reputed London School of Economic (LSE) to offer local students the opportunity to study world-class curriculums in accounting, business, economics, management, finance, and social science. UCB hosted an Open Day at their campus in Gulshan to provide students with an in-depth overview of the prestigious University of London (UoL) degrees available at UCB. The event featured Dr. James Abdey, Associate Professor in Statistics and Associate International Director at LSE. As the Chief Guest, Dr. Abdey offered valuable insights into what makes the LSE curriculum so special, and how a University of London (UoL) degree enhances career prospects for students. Also present at the event were Manas Singh, CEO of STS; Prof. Hew Gill, President...

Sep242024 by No Comments

Healthcare Pharmaceuticals Ltd. to get insurance services from MetLife

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Healthcare Pharmaceuticals Ltd. (HPL), a leading pharmaceutical company in Bangladesh penned a contract with MetLife to provide insurance facilities to their employees in Bangladesh.As part of this contract, employees of HPL will receive insurance coverage for loss of life and medical expenses. The company has selected MetLife as their employee insurance provider due to the insurer’s customized solutions, faster payment of insurance claims and financial strength.Healthcare Pharmaceuticals has been serving in the healthcare sector after establishing its pharmaceutical plant in 1996. Now Healthcare Pharmaceuticals is the fastest growing organization in the pharmaceutical industry of Bangladesh.In Bangladesh, MetLife provides insurance protection to over 300,000 employees and thei...

Sep242024 by No Comments

Employees of National Bank Extend Support to Flood-Affected Communities

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As part of social responsibility, employees of the National Bank have donated one day’s salary to support flood-affected underprivileged people across the country. Relief bags filled with essential items are being distributed in various regions, including Dagonbhuiya and Sonagazi upazilas. Branch officials from the respective National Bank branches in these areas are actively participating in the relief efforts. It is worth mentioning that National Bank and its employees have consistently stepped up during times of crisis in the country.

Sep232024 by No Comments

Energypac observes ‘World Rivers Day’ through its CSR initiative ‘Nodi Amar Maa’

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Rivers are an inseparable part of Bengali life and culture. Unfortunately, rivers are in its death throes owing to mindless pollution caused by severe sewage problem and industrial waste coming from cities and ports. People along the river banks are also affected by this.Against such a backdrop, Energypac Bangladesh has taken an exceptional initiative titled “Nodi Amar Maa” (River is my mother) to save the river from pollution. Under this program, steps have been taken to extract waste from the river and dispose of the collected waste in coordination with the local municipality. Thousands of people have been directly and indirectly connected to this program. The organization is also running regular campaigns to make the local people aware of the perils of river pollution.‘World Riv...

Sep202024 by No Comments

Revoo Launch Electric Motorcycle A01 and C03

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REVOO, a highly renowned electric motorcycle brand, has officially launched in Bangladesh. Already established as the number one electric motorcycle brand in the African region, REVOO's expansion into Bangladesh marks the sixth country to welcome this cutting-edge motorcycle brand, following successful introductions in markets such as Pakistan.As the world embraces greener and smarter transportation solutions, electric mobility is emerging as the undeniable future. Electric vehicles (EVs), especially two-wheelers, offer a more cost-effective and sustainable alternative to traditional internal combustion engine (ICE) motorcycles. When compared side by side, the cost savings are substantial— the expense of two years' worth of fuel for a motorcycle can be equivalent to the price of an ele...

Sep132024 by No Comments

Four BASIS member company get Asia Smart App Awards 2024

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Four member’s company of Bangladesh Association of Software and Information Services (BASIS) have got Asia Smart App Awards 2024.The Wireless Technology Industry Association (WTIA) of Hong Kong organized the award at New World Millennium Hotel in Hong Kong.This year, Bangladesh made a remarkable impact with four companies receiving this Awards in various categories. The companies are Skylark Soft Limited, Shadhin Music Limited and CTrends Software & Services Ltd.Skylark Soft Limited: Awarded in the Business & Commercial Category for their innovative product, Pro Tracker, a real-time garment production tracking application that has revolutionized the manufacturing industry. Squad Innovators: Honored in the Lifestyle & Entertainment Category for Day Planning, a smart app ...

Sep132024 by No Comments

UCB Investment Ltd. has been Accoladed in 2024 as the Best Investment Bank in Bangladesh by Euromoney and FinanceAsia

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In 2024, UCB Investment Ltd. has once again demonstrated its leadership in the financial sector by being recognized as the "Best Investment Bank in Bangladesh" by both the Euromoney Awards for Excellence 2024 and the FinanceAsia Award 2024. These prestigious accolades mark an extraordinary milestone for UCB Investment, underscoring its unwavering commitment to innovation, excellence, and client satisfaction in investment banking. Celebrating its 4th year of operation, UCB Investment has quickly risen to prominence, setting new benchmarks in Bangladesh's financial markets through its comprehensive, client-focused services. The dual recognition not only highlights the company's success but also makes its fourth anniversary a momentous occasion. These achievements further solidify UCB Investm...

Sep112024 by No Comments

UCB PLC wins Joint Bronze Award at 24th ICAB National Award

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United Commercial Bank PLC (UCB) has won the "Joint Bronze Award" under the "Private Sector Banks" category in the 24th ICAB National Award for Best Presented Annual Reports 2023. As a yearly event, Institute of Chartered Accountants of Bangladesh (ICAB) organized this award ceremony at Pan Pacific Sonargaon Hotel, Dhaka. Syed Faridul Islam, Acting Managing Director and CEO and Faruk Ahammad FCA, Deputy Managing Director and Chief Financial Officer of the bank, received the award from Dr. Salehuddin Ahmed, adviser to the interim government on the Ministries of Finance and Commerce, who was the Chief Guest of the event. Dr. Md. Khairuzzaman Mozumdar, Secretary, Finance Division, Ministry of Finance; Md. Selim Uddin, Secretary, Ministry of Commerce; and Md. Abdur Rahman Khan FCMA, Secreta...