Bangladesh General Insurance declares 10% dividend

Bangladesh General Insurance Company PLC has announced a 10 percent cash dividend for the financial year 2024..The declaration was made during the company’s 40th annual general meeting (AGM), which was held virtually yesterday, according to a press release..The meeting was chaired by
22 June 2025, 14:33 PM

Ispahani Centre welcomes new flagship stores, adding to Chattogram’s evolving retail landscape

Ispahani Centre has been designed to accommodate a thoughtful mix of retail, dining, and commercial tenants.
18 June 2025, 14:57 PM

Prime Bank Investment signs MoU with IFA Consultancy to promote Islamic finance

Prime Bank Investment Limited (PBIL) has signed a memorandum of understanding (MoU) with IFA Consultancy Limited (IFAC), a Shariah advisory firm in Bangladesh, to jointly promote Islamic investment in Bangladesh..Syed M Omar Tayub, managing director and chief executive officer of PBIL, and
18 June 2025, 14:39 PM

Collateral-free digital loan limit thru bKash app raised to Tk 50,000

The collateral-free digital loan limit has recently been raised from Tk 30,000 to Tk 50,000, offered by City Bank PLC through the bKash app, in response to growing customer demand..Launched in 2021 as a joint initiative between bKash and City Bank, the service has gained popularity for its
18 June 2025, 14:34 PM

Naseemul Hye elected president of ICSB

M Naseemul Hye has been elected as president of the Institute of Chartered Secretaries of Bangladesh (ICSB) for the remainder of the 2022-2025 council term..Prior to this appointment, Hye served as senior vice-president of the institute during the 2013-2016 term, according to a press relea
17 June 2025, 15:40 PM

Guardian Life to provide insurance coverage for French Embassy staff in Bangladesh

Guardian Life Insurance Limited has signed an agreement with the Embassy of France in Bangladesh to provide comprehensive insurance coverage for the embassy’s employees and their family members..Under the agreement, all staff of the French Embassy, along with their dependants, will be enti
17 June 2025, 15:10 PM

bKash presents top remittance recipients

bKash, a leading mobile financial services (MFS) provider, has presented 14 individuals with Hisense deep freezers and 43-inch Hisense smart TVs for receiving the highest amount of remittance through its platform during the first week of a special campaign ahead of Eid-ul-Azha..JM Taslim K
3 June 2025, 15:39 PM

Mastercard, ShopUp join forces to empower women-led small businesses

The Mastercard Center for Inclusive Growth, in partnership with commerce platform ShopUp, has launched an initiative titled Porshi, aimed at equipping women-led small businesses in Bangladesh with the digital tools and skills necessary to flourish in the modern economy..Supported by the Ga
3 June 2025, 15:30 PM

ACI Motors partners with EcoFlow to launch portable power solutions

ACI Motors Limited, an automobile enterprise and a subsidiary of ACI Limited, has recently signed a strategic partnership deal with the Chinese technology firm EcoFlow to introduce a new line of portable energy solutions tailored for the Bangladeshi market..FH Ansarey, managing director of
3 June 2025, 15:22 PM

Mastercard launches discount campaign with Star Cineplex

Mastercard, a leading global digital payment solutions, has joined forces with Star Cineplex to unveil the “Mastercard–Star Cineplex Exclusive Discount Campaign 2025”, launched in anticipation of Eid-ul-Azha..Running from June 1 to June 15, the campaign offers Mastercard credit cardholders
1 June 2025, 15:18 PM

Mamun Rashid appointed chairman of BD Venture

Mamun Rashid has been appointed chairman of BD Venture Limited, a technology-oriented venture capital firm in Bangladesh..Rashid is a seasoned finance professional, policy advocate, and corporate leader with nearly four decades of experience spanning banking, consultancy, and institution b
1 June 2025, 15:14 PM

PBIL launches ‘Capital Connect’ to link emerging sectors with investment opportunities

Prime Bank Investment Limited (PBIL), a wholly-owned subsidiary of Prime Bank PLC, has recently unveiled an initiative, titled “Capital Connect: PBIL–Industry Engagement”, with an impactful inaugural session focused on the health and pharmaceuticals sector..Capital Connect is envisioned as
1 June 2025, 14:55 PM

Iqbal U Ahmed made new chairman of Bangladesh Finance

Iqbal U Ahmed, an independent director of Bangladesh Finance, has been appointed chairman of the non-bank financial institution..He succeeded Manwar Hossain, the outgoing chairman, on May 29 of 2025, following a board meeting held at the institution’s head office in Dhaka, according to a p
29 May 2025, 15:00 PM

Bangladesh, Argentina eye deeper trade ties through joint ventures

There is immense potential in Bangladesh, and both Argentina and Bangladesh must actively explore avenues for joint ventures particularly in energy, agribusiness, medical technology, and the cotton trade, said Marcelo Carlos Cesa, ambassador of Argentina to Bangladesh..The ambassador made
28 May 2025, 14:32 PM

ICCB holds workshop on back-to-back LCs for bankers in Ctg

ICC Bangladesh recently conducted a daylong workshop titled “Export Operations, Back-to-Back L/C Mechanism and Challenges of Export Finance” in Chattogram..The event drew participation from 90 representatives across 28 banks, including officials from Bangladesh Bank, Karnaphuli Fertiliser
27 May 2025, 14:57 PM

ACI Motors sets record in Sonalika tractor delivery

ACI Motors Limited, a subsidiary of ACI Limited, has achieved a new milestone by delivering over 151 Sonalika tractors in a single day at the Sharsha Mini Stadium in Jashore, marking a significant event in the country’s agricultural sector..To commemorate the achievement, the company organ
27 May 2025, 14:30 PM

Mastercard launches Eid-ul-Azha campaign with rewards

Mastercard, the global digital card payment services provider, has unveiled a new promotional initiative titled the “Eid Electronics Campaign”..Under this campaign, Mastercard cardholders can avail themselves of an array of discounts and opportunities to win exclusive rewards across electr
26 May 2025, 14:28 PM

Air Astra honours top business partners

Astra Airways Limited, known as Air Astra -- a private airline in Bangladesh -- has recognised its top 20 business partners for their outstanding contributions to the airline..The event, titled “Business Partners Award- 2025”, was held at a hotel in the capital recently, according to a pre
25 May 2025, 14:20 PM

Akij Food to raise Tk 500cr thru zero-coupon bond

Akij Food and Beverage Limited (AFBL), a concern of Akij Venture Limited, has initiated the process to raise Tk 500 crore for the company's expansion through the issuance of a zero-coupon bond.
19 May 2025, 18:07 PM

Bepza, ILO sign deal to strengthen workers’ rights in EPZs

The Bangladesh Export Processing Zones Authority (Bepza) has signed a Letter of Intent (LoI) with the International Labour Organization (ILO) to implement a two-year action plan (2025–2027) focused on labour reforms, aimed at strengthening workers’ rights and enhancing workplace safety across Ba
19 May 2025, 14:45 PM