Subrata Ranjan Das has been appointed as the deputy managing director (DMD) of ACI Motors, a subsidiary of local business conglomerate ACI Limited..Prior to this new role, he was serving ACI Motors as the executive director, said a press release..In 1999, Ranjan Das joined ACI Crop C

Taufika Foods and Lovello Ice-Cream PLC, a listed food and allied sector company, has announced 20 percent dividends, including a 10 percent cash dividend, for the financial year 2023-2024..The announcement came at the company’s 13th annual general meeting (AGM), which was held virtually r

Best Holdings Limited has declared a 10 percent cash dividend for the year that ended on June 30, 2024..The declaration came at the company’s 18th annual general meeting (AGM), which was held at Baridhara DOHS Convention Centre in Dhaka recently, said a press release..Amin Ahmad, cha

Mastercard has launched its winter spend and win campaign 2025, titled “Sail Beyond”..The campaign aims to promote digital payments adoption by making transactions rewarding for cardholders..The event will be live from January 1 to February 9 this year, and all Mastercard debit, cred

Pragati Life Insurance PLC has signed a group insurance agreement with Shahjalal Islami Bank PLC..MJ Azim, managing director and CEO of the life insurer, and Mosleh Uddin Ahmed, managing director and CEO of the bank, penned the deal at the former’s head office in the capital recently, the

Maria Howlader, managing partner and founder of Howlader Maria and Co, Chartered Accountants, has been elected as president of the Institute of Chartered Accountants of Bangladesh (ICAB)..Maria will replace Mohammed Forkan Uddin, who has completed his tenure as the ICAB president..Md

ACI Formulations Limited has announced a 20 percent cash dividend for the year that ended on June 30, 2024..The announcement came at the company’s 28th annual general meeting (AGM), which was held virtually recently, ACI Formulations said in a press release..M Anis Ud Dowla, chairman

AKM Moinuddin, special correspondent of United News Bangladesh (UNB) and Md Arifuzzaman Mamun, diplomatic correspondent of Amader Shomoy, have been elected president and general secretary respectively of the Diplomatic Correspondents Association, Bangladesh (DCAB) for the year 2025

Renowned air conditioner (AC) brand Gree has been honoured with the “Most Emerging Brand Awards-2024 in Bangladesh”..The air conditioner brand has earned this recognition in the air conditioner category based on its marketing activities over the past three years..Md Nurul Afser, depu

Fresh, the flagship brand of Meghna Group of Industries (MGI), has won an impressive nine awards across various categories at the 16th Best Brand Awards at the InterContinental Dhaka in the capital’s Shahbag recently..Of the awards, Fresh claimed three awards for emerging as a standout per

Advanced Chemical Industries (ACI) Limited has announced 35 percent dividends, including a 20 percent cash dividend, for the year that ended on June 30, 2024..The announcement came at the company’s 51st annual general meeting (AGM), which was held virtually yesterday, ACI said in a press r

Akij Board, a subsidiary of AkijBashir Group, has won the Best Brand Award in the newly introduced Wooden Board category of the “Best Brand Awards 2024”..Mohammod Khourshed Alam, chief operating officer of building materials at AkijBashir Group, received the award at the Sheraton Dhaka in

Akij Ceramics has been honoured with the Best Brand Award for the sixth consecutive year at the "Best Brand Awards 2024”..Mohammod Khourshed Alam, chief operating officer of building materials at AkijBashir Group, received the award at the Sheraton Dhaka in the capital’s Banani recently, s

Doulat Akter Mala and Abul Kashem to serve as president and general secretary respectively 

British American Tobacco (BAT) Bangladesh is planning to invest Tk 28.38 crore to enhance its production capacity to meet the growing demand for its products..In a disclosure on the Dhaka Stock Exchange website yesterday, the company said the investment would be sourced through a combinati

A total of 32 non-resident Bangladeshis (NRBs) have been recognised for their outstanding contributions in areas like education, healthcare, industry, financial services and agriculture after returning to the country..Commerce Adviser Sk Bashir Ahmed handed over the awards during an event,

Global digital payment service provider Visa, in partnership with BRAC Bank PLC, has launched the country’s first medical debit card, enabling citizens to seamlessly utilise medical quotas in a dual-currency debit card..The launch ceremony was held at the bank’s head office in the capital’

Mesbah Uddin Ahmed has been appointed as the managing director of IDLC Investments Limited, effective immediately..Ahmed had been serving IDLC Finance PLC as a deputy managing director and head of retail business, concurrently since August 1 this year, the non-bank financial institution sa

Petronas Lubricants International (PLI), in partnership with its authorised distributor in Bangladesh United Lube Oil Limited (ULOL), has launched a new type of lubricant called “Petronas Nexta” in local markets.

Central Counterparty Bangladesh Limited (CCBL) has rejected concerns of the Dhaka Stock Exchange (DSE) over the lack of governance and transparency as well as operational inefficiencies at the clearing and settlement company..Instead, the CCBL alleged that its activities are being delayed