Organisation News

IPDC Finance’s profit soars by 98.8% in Q1 2025

IPDC Finance PLC has reported a 98.8 percent year-on-year surge in net profit to Tk 3.7 crore for the January-March quarter of 2025, primarily driven by strong returns from its investments in government securities..Earnings per share rose to Tk 0.09, up from Tk 0.05 in the same quarter of
14 May 2025, 14:47 PM

Pragati Life gets ISO certification for information security

Pragati Life Insurance PLC has been awarded certification by the International Organization for Standardization (ISO), recognising its excellence in information security management systems..The certification was issued by Intertek, a globally recognised audit and certification body accredi
13 May 2025, 14:06 PM

EBL teams up with Grameen Digital to provide digital healthcare support for Hajj pilgrims

An agreement to this effect was signed at EBL’s head office in Dhaka on May 12.
13 May 2025, 08:34 AM

Rupayan Group makes capital investment in Bproperty

Rupayan Group, a development and real estate conglomerate of the country, has made a substantial capital investment in Bproperty.com Limited, a online real estate solutions provider..This committed investment marks a milestone development for both parties as they come together to unlock in
12 May 2025, 14:17 PM

Walton unveils new refrigerator models featuring AI, IoT capabilities

Walton has launched seven new refrigerator models, equipped with advanced and innovative features driven by artificial intelligence (AI) and the internet of things (IoT), ahead of the upcoming Eid-ul-Azha..Bidya Sinha Mim, film actress and brand ambassador of Walton Fridge, and Amin Khan,
12 May 2025, 14:12 PM

ICCB, ADB, ITC hold workshop on SME toolkit

The International Chamber of Commerce (ICC) Bangladesh, in collaboration with the Asian Development Bank’s (ADB) Trade & Supply Chain Finance Program (TSCFP) and the International Trade Centre (ITC), recently organised a workshop in Dhaka titled “Find and Pursue the Right Standards for Your Busi
12 May 2025, 14:07 PM

Shams Mahmud re-elected president of Bangladesh-Thai chamber

Shams Mahmud, managing director of Shasha Denims Limited, has been re-elected president of the Bangladesh-Thai Chamber of Commerce & Industry (BTCCI) for a two-year term (2025–2027)..The election took place during the organisation’s 19th annual general meeting (AGM), held recently at Gulsh
11 May 2025, 14:43 PM

Guardian Life offers insurance services to employees of Red Sea Gateway Terminal

Guardian Life Insurance Limited has recently entered into an agreement with Red Sea Gateway Terminal (RSGT), the first privately funded terminal operator based in Saudi Arabia, to provide comprehensive life and medical coverage for all RSGT employees..Erwin Hazze, chief executive officer o
11 May 2025, 14:30 PM

Dubai International Chamber opens representative office in Dhaka

Dubai International Chamber, one of the three chambers operating under the aegis of Dubai Chambers, has inaugurated a new international representative office in Dhaka, aimed at further reinforcing trade and investment ties between the business communities of Dubai and Bangladesh..Lutfey Si
10 May 2025, 11:46 AM

Mastercard, MTB launch business credit card solutions for Renata

Global digital payments service provider Mastercard, in partnership with Mutual Trust Bank PLC (MTB), has introduced a corporate business credit card solution for Renata PLC, one of the leading pharmaceutical companies in Bangladesh..The new card is designed to enable the drugmaker to mana
8 May 2025, 15:06 PM

Berger Paints signs MoU with Eastern Bank for interior service benefits

Berger Paints Bangladesh Limited has signed a memorandum of understanding (MoU) with Eastern Bank PLC (EBL), offering preferential rates and benefits on Berger’s painting and interior design services to EBL cardholders..This collaboration is intended to make premium home enhancement soluti
8 May 2025, 14:50 PM

Visa logs 9% revenue growth in Q2 of 2025

Visa Inc, the American multinational payment card services corporation, reported a robust 9 percent increase in revenue for the quarter ending March 2025, reaching $9.6 billion—up from the same period a year earlier..On a constant-currency basis, revenue rose by 11 per cent, reflecting str
7 May 2025, 15:30 PM

Singer Beko brings awards for Eid-ul-Azha shoppers

Singer Beko has recently launched a campaign titled “Solution Card”, aimed at enhancing the Eid-ul-Azha experience by offering practical, relevant, and exciting rewards..The campaign has already generated nationwide excitement, with Jinnatunnas from Rajshahi emerging as one of the first gr
6 May 2025, 13:57 PM

Akij Venture celebrates 5 years of growth

Akij Venture Limited commemorated its fifth anniversary with a celebratory programme at the Bangladesh-China Friendship Conference Centre in the capital’s Sher-e-Bangla Nagar yesterday..The event highlighted the company’s remarkable journey since its inception and reaffirmed its commitment
4 May 2025, 14:11 PM

bti unveils 20 new projects at Summer Sales Carnival

Building Technology & Ideas Limited (bti), a real estate company in Bangladesh, recently organised the “bti Summer Sales Carnival”, unveiling 20 brand-new residential projects across various prime locations in Dhaka city..FR Khan, managing director of bti, inaugurated the event at the bti
3 May 2025, 15:08 PM

Mustafizur Rahman re-appointed as MD of MIDAS Financing

Mustafizur Rahman has been re-appointed as the managing director of MIDAS Financing PLC, a non-bank financial institution in the country, for a term of 2 years and 9 months, effective from May 2 this year..The re-appointment was confirmed at the NBFI’s 375th board of directors’ meeting hel
3 May 2025, 14:34 PM

Nagad strikes deal with Bangladesh Bridge Authority for toll collection

Nagad, the mobile financial service (MFS) provider of Bangladesh Post Office, has signed an agreement with the Bangladesh Bridge Authority (BBA) for the electronic toll collection (ETC) on the Padma Bridge, enabling seamless vehicle movement across the structure..Nurul Hoq, director of fin
3 May 2025, 14:22 PM

Prime Bank Investment celebrates 15th anniversary

Prime Bank Investment Limited (PBIL), an investment bank and a subsidiary of Prime Bank PLC, has celebrated its 15th founding anniversary..CQK Mustaq Ahmed, chairman of the investment bank, inaugurated the celebration as the chief guest at its head office in Dhaka yesterday, according to a
3 May 2025, 14:16 PM

United Finance logs 46.21% profit growth in 2024

United Finance PLC, a non-bank financial institution (NBFI), recorded a 46.21 percent year-on-year increase in net profit, reaching Tk 20.9 crore in 2024..This strong performance reflects robust operational execution and prudent financial management amidst a challenging macroeconomic lands
30 April 2025, 15:15 PM

Accelleron Bangladesh hosts power sector leaders to promote decarbonisation

Accelleron Bangladesh, in collaboration with Accelleron—a Switzerland-based global technology leader in turbocharging, fuel injection, and digital solutions for the marine and energy industries—recently hosted an event in Bangladesh, bringing together over 150 leaders and stakeholders from the p
30 April 2025, 15:00 PM