Anwar Hossen, who holds an MBA, works for a private firm and draws a monthly salary of more than Tk 60,000. But he has not purchased any life insurance policy although private sector employees in Bangladesh are not entitled to any pension support and his four-member family will be in trouble if he faces any untimely death. 

Transcom Beverages Ltd has signed a memorandum of understanding with Standard Chartered Bangladesh (SCB) to launch the first-ever digital collection solution with real-time reconciliation via Application Programming Interface (API) integration for the fast-moving consumer goods (FMCG) industry. 

A delegation from Asian Trade Promotion Forum (ATPF), a 23-member platform of the region’s trade promoting organisations, visited the Walton headquarters in Gazipur on the outskirts of the capital city recently. 

AB Bank and GD Assist, a subsidiary of Green Delta Insurance Company, signed an agreement recently offering the lender’s cardholders up to 10 per cent discount on different services under the latter’s health package. 

Bangladesh has made limited progress in export diversification because of the absence of integrated policy and slow implementation of current strategies, experts said.

Renata Limited, a listed pharmaceutical and animal healthcare product manufacturer in Bangladesh, has recommended slightly lower dividends for fiscal 2021-22 despite having registered marginally higher profits that year.

The Bangladesh Bank capped the interest rate on loans at 9 per cent and on deposits at 6 per cent for banks, and 11 per cent on loans and 7 per cent on deposits for non-bank financial institutions.  

The Rancon Group has given Tk 2 crore cash assistance to the family members of eight people, including six sailors, who died when a fishing trawler of the group sank in Karnaphuli river.

A delegation of the International Monetary Fund (IMF) will be visiting Dhaka from October 26 till November 9 this year to start discussions with the Bangladeshi authorities on economic and financial reforms and policies.

Commerce Minister Tipu Munshi has said the prices of daily essentials in the country have not increased much considering the global situation.

Md Zahangir Hossain, a resident of Baro Banglot village under Kalukhali upazila in Rajbari, once paid a human trafficker Tk 6 lakh to smuggle him into Europe but ultimately ended up in India, where he spent five months working as a labourer.

Bangladesh’s tea production surged to a record high of 14.74 million kilogrammes (kgs) in September this year, according to state-run Bangladesh Tea Board (BTB).

The demand for large-screen and premium-branded televisions has picked up in Bangladesh as sports-loving fans are gearing up to watch cricket and football world cups.    

Garment factories must raise awareness about public health and hygiene issues and adopt preventive measures and best practices to improve wellness of the workforce, said speakers at a discussion recently.  

Grameenphone Ltd’s profit rose 6 per cent year-on-year to Tk 907 crore in the July-September quarter of 2022, driven by higher revenue. 

The Foreign Investors’ Chamber of Commerce and Industry (Ficci) yesterday committed to promoting investment in Bangladesh and sought support from the Bangladesh Investment Development Authority (Bida) to this end.

The government should expand its social safety net programmes in urban areas, where the coverage is extremely insufficient compared to that of rural areas, according to experts.

Aman Feed Limited’s net profit declined by 66.79 per cent year-on-year to Tk 11.02 crore in the year that ended on June 30, due to an increase in the cost of goods sold and financial expenses. 

Gemini Sea Food Ltd posted a 1,634 per cent surge in net profit in the last financial year. 

One of the things that I learned while dealing with professional marketeers is that instant gratification is very important for any successful product promotion. But I often wonder why people prefer instant gratification.