Direct tax expansion, compliance seen as keys to luring FDI

Expanding the direct tax base, boosting domestic consumption and ensuring tax compliance in a professional manner are crucial to attracting foreign direct investment (FDI) and strengthening revenue collection, business leaders said..They spoke at a seminar on the macroeconomic outlook and
2 September 2025, 15:14 PM

Textile Series Exhibitions to begin in Dhaka on Sept 10

The 24th Bangladesh edition of the “Textile Series of Exhibitions”, a major international showcase for the textile and garment industry, will begin in the capital’s Purbachal on September 10..The four-day event, jointly organised by CEMS-Global USA and CEMS Bangladesh, will be held at the
2 September 2025, 14:48 PM

Guardian Life Insurance launches redesigned mobile app

Guardian Life Insurance Limited has unveiled a newly redesigned mobile application, Guardian Life, redefining the way people engage with insurance..The app, now available on both Android and iOS platforms, combines functionality with intuitive design, offering a seamless and modern user ex
1 September 2025, 15:35 PM

Sonali Life Insurance wins awards at Commonwealth Partnership Summit in Malaysia

Sonali Life Insurance wins awards at Commonwealth Partnership Summit in Malaysia.Star Business Desk.Sonali Life Insurance Company Limited recently won multiple awards in digital innovation and insurance excellence at the “Commonwealth Partnership Summit & Business Excellence Awards 2
31 August 2025, 14:58 PM

Global Insurance declares 10% cash dividend

Global Insurance PLC has announced a 10 percent cash dividend for the year ended on December 31, 2024..The announcement was made at the insurer’s 25th annual general meeting (AGM) held recently, according to a press release..Sayeed Ahmed, chairman of Global Insurance PLC, presided ov
28 August 2025, 14:58 PM

United Finance launches ‘UMA’ app to ensure seamless, secure digital services

United Finance PLC has unveiled a new mobile application, titled UMA, aimed at providing seamless and secure digital services..Designed to redefine customer convenience, UMA offers a secure, intuitive, and fully digital banking experience..Through the app, customers can open deposit
28 August 2025, 14:46 PM

Walton unveils new premium Android tablet

Walton Digi-Tech Industries Limited has launched its latest premium device, named the “Walpad 11G Android tablet”, offering a powerful blend of high performance, expansive display, advanced multimedia features, and long-lasting battery life..Featuring a modern design and equipped with a on
28 August 2025, 14:32 PM

Mastercard organises ‘Cashless Bangladesh Summit 2025’ with ICMAB in Dhaka

Mastercard and the Institute of Cost and Management Accountants of Bangladesh (ICMAB) jointly organised the “Cashless Bangladesh Summit 2025” under the theme ‘The Intersection of Finance and Technology’ at the Pan Pacific Sonargaon Dhaka yesterday..The summit brought together key stakehold
27 August 2025, 14:30 PM

Za 'n Zee launches “Pista Kulfi” ice cream in couple pack

Za 'n Zee, a leading brand of Kazi Food Industries Limited, has recently launched a new couple-pack product with a new flavour, titled “Pista Kulfi Ice Cream”, in the market for the first time in Bangladesh..The 280 millilitres (ml) tub comes in a foil pack, complete with two separate spoo
25 August 2025, 14:25 PM

Cashless Bangladesh Summit set for Aug 27

Mastercard, in collaboration with the Institute of Cost and Management Accountants of Bangladesh (ICMAB), will jointly host the “Cashless Bangladesh Summit 2025” in Dhaka on August 27, according to a press release..The summit will convene senior representatives from Bangladesh Bank, the go
24 August 2025, 15:03 PM

Berger Paints, Khulna University partner to foster academia-industry collaboration

Berger Paints Bangladesh Limited has signed a memorandum of understanding (MoU) with Khulna University’s Architecture Discipline to establish an academia-industry nexus aimed at providing practical learning opportunities for students and enhancing academic excellence..Prof Md Noor Un Nabi,
20 August 2025, 14:27 PM

PBIL signs MoU with Amanie Advisors to boost Islamic investment

Prime Bank Investment Limited (PBIL) has signed a memorandum of understanding (MoU) with Malaysia-based Amanie Advisors, a leading Shariah advisory firm, to accelerate the development of the Shariah-compliant investment landscape in Bangladesh..Syed M Omar Tayub, managing director and CEO
18 August 2025, 14:33 PM

ABB board expands, new leaders elected

Mohammad Mamdudur Rashid, managing director and CEO of United Commercial Bank PLC, and Sheikh Mohammad Maroof, managing director and CEO of Dhaka Bank PLC, have been elected vice-chairman and treasurer, respectively, of the Association of Bankers Bangladesh (ABB)..The election took place d
12 August 2025, 14:44 PM

Tasty Treat celebrates milestone of 500 outlets

Tasty Treat, one of Bangladesh’s most recognisable fast-food retail brands and a subsidiary of the Pran-RFL Group, has marked a milestone with the opening of its 500th outlet nationwide..The landmark achievement was celebrated with the inauguration of a new showroom in Gazipur’s Konabari,
12 August 2025, 14:38 PM

Prime Bank Investment signs MoU with MAY International

Prime Bank Investment PLC (PBIL), an investment bank in Bangladesh and a subsidiary of Prime Bank PLC, has signed a memorandum of understanding (MoU) with MAY International Trade Services Limited, a financial advisory and consulting firm operating in Bangladesh and across the Asia-Pacific region
12 August 2025, 14:23 PM

Panasonic unveils ‘Value Series’ mixer grinders in Bangladesh

Panasonic, one of the leading names in innovative kitchen appliances, yesterday unveiled its new “Value Series” mixer grinders in the Bangladesh market..Designed for price-conscious consumers who refuse to compromise on durability or functionality, the Value Series aims to deliver high per
9 August 2025, 15:34 PM

Delta Life Insurance holds annual business conference in Cox’s Bazar

Delta Life Insurance Company Limited has organised its “Annual Business Conference 2024” at the Hotel Long Beach in Cox’s Bazar..The event brought together over 1,500 qualified development workers and officers of the life insurer..Hafiz Ahmed Majumder, chairman of Delta Life Insuranc
7 August 2025, 14:50 PM

Visa organises ‘Leadership Conclave Bangladesh’ to promote digital empowerment

Visa, the global digital payment solutions provider, recently organised a programme, titled “Visa Leadership Conclave Bangladesh 2025” to reaffirm its continued commitment to supporting Bangladesh’s transition towards a digitally empowered economy..This year’s event brought together repres
6 August 2025, 14:57 PM

Remittance statement feature added to bKash app

The country’s leading mobile financial service (MFS) provider, bKash Limited, has introduced a new feature titled “Remittance Statement” in its app..The feature enables users to access their remittance records at any time, and thereby making financial management simpler and more convenient
5 August 2025, 14:50 PM

LG Eco Solution president visits Butterfly Group’s factory, showroom

A delegation from LG’s Global Eco Solution Company, led by its President Jae Sung Lee, recently visited an air conditioner manufacturing facility of Butterfly Group -- LG’s strategic local partner -- in Bangladesh..According to a press release, Lee also toured a Butterfly showroom in the c
5 August 2025, 14:37 PM