Organisation News

Guild Consulting Bangladesh launched to bridge US-Bangladesh expertise

Mentors Guild Inc (GUILD), a US-based corporation, has launched Guild Consulting Bangladesh, an innovative management consulting firm designed to meet the growing needs of Bangladesh’s business, nonprofit, and government sectors..Guild Consulting Bangladesh represents the first-ever US-Ban
30 April 2025, 14:55 PM

United Finance celebrates 36th anniversary

United Finance PLC, a non-bank financial institution and a subsidiary of United Group, celebrated its 36th Foundation Day at the institution’s head office in Dhaka on Sunday..Hasan Mahmood Raja, chief adviser of the NBFI, inaugurated the daylong programme as the chief guest, according to a
28 April 2025, 13:58 PM

BP celebrates 40-year milestone with Meghna Petroleum

BP, the British multinational oil and gas company, and Meghna Petroleum Limited, the national oil company under Bangladesh Petroleum Corporation, have celebrated their longstanding association spanning 40 years, which has helped transform the automobile and lubricants industry in Bangladesh..
27 April 2025, 13:55 PM

Bank Asia Securities holds 14th AGM

Bank Asia Securities Limited has organised its 14th Annual General Meeting (AGM) at the board room of Bank Asia PLC, Rangs Bhaban, on Bijoy Sarani in Dhaka recently..Romana Rouf Chowdhury, chairman of Bank Asia Securities Limited, attended the meeting as the chief guest..Chowdhury si
27 April 2025, 13:43 PM

Singer declares 10% cash dividend for 2024

Singer Bangladesh Limited has declared a 10 percent cash dividend for the year 2024..The announcement was made during the company’s 45th annual general meeting (AGM), held virtually yesterday, according to a press release..Can Dincer, director of the company, presided over the meetin
24 April 2025, 15:11 PM

Guardian Life settles Tk 129cr in insurance claims in Q1

Guardian Life Insurance Limited has settled insurance claims amounting to approximately Tk 129 crore during the first quarter (Q1) of 2025..According to a press release, of the total settlement, death insurance claims accounted for Tk 77 crore, health-related claims totalled Tk 39 crore, w
24 April 2025, 15:07 PM

PBIL joins forces with EDGE for capital market growth

Prime Bank Investment Limited (PBIL) has entered into a memorandum of understanding (MoU) with EDGE Research & Consulting Limited (EDGE), an investment research and advisory firm, to deliver comprehensive investment banking services to a broad spectrum of institutional clients..The agreeme
23 April 2025, 14:20 PM

Shanta Holdings organises ‘Meet the Owners’ event in Bashundhara

Shanta Holdings recently organised an event titled “Meet the Owners” at Shwapnoneer, the real estate company’s inaugural project in Bashundhara..The event offered clients their first post-handover glimpse into the elevated lifestyle that awaits within this luxurious and contemporary reside
22 April 2025, 13:54 PM

Castrol appoints ‘Rock Energy’ as automotive distributor in Bangladesh

Castrol, one of the world’s leading lubricant brands, has appointed Rock Energy Limited as its exclusive distributor for the automotive aftermarket in Bangladesh, aimed at expanding Castrol’s footprint and enhancing the accessibility of its products to consumers nationwide..This strategic
22 April 2025, 13:51 PM

MTB Neo surpasses Tk 100cr in fixed deposits, DPS products

Mutual Trust Bank PLC (MTB) has recently achieved a significant milestone, amassing over Tk 100 crore through fixed deposit (FD) and deposit pension scheme (DPS) accounts via its digital banking platform, MTB Neo..As of March 2025, MTB Neo reported a staggering 668,000+ transactions, culmi
22 April 2025, 13:43 PM

UCB Investment wins three awards at FinanceAsia Awards 2025

UCB Investment Limited (UCBIL) has been recognised in three categories at the FinanceAsia Awards 2025, securing accolades for Best DCM House, Best ECM House, and Best Investment Bank..This marks the third consecutive year that UCBIL has earned these distinctions, reaffirming its status as
21 April 2025, 15:11 PM

MTB Capital gets new CEO

MTB Capital Limited, a subsidiary of Mutual Trust Bank PLC, has appointed Sumit Podder as chief executive officer (current charge), according to a press release..Prior to assuming his new role, Podder served at Bangladesh Finance Capital Limited as managing director and CEO..Over the
21 April 2025, 14:45 PM

Pragati Life celebrates silver jubilee at annual conference

Pragati Life Insurance PLC recently organised the “Annual Conference 2024” at the Hotel Sea Palace Ltd in Kolatoli of Cox’s Bazar..Khalilur Rahman, chairman of the life insurance company, inaugurated the event as the chief guest, according to a press release..At the outset of the con
20 April 2025, 14:10 PM

PBIL, Zaytoon unite to bridge rural investment gap through digital innovation

Prime Bank Investment Limited (PBIL) has recently signed a memorandum of understanding (MoU) with Zaytoon Business Solutions, a digital financial services provider, with the aim of enhancing access to capital market investments across rural communities in Bangladesh..Syed M Omar Tayub, man
20 April 2025, 14:05 PM

IPDC Finance posts 5.9% growth in net profit

IPDC Finance PLC has reported a net profit of Tk 36.3 crore for the year that ended on December 31, 2024, reflecting a year-on-year increase of 5.9 percent..The non-bank financial institution (NBFI) demonstrated resilient financial performance over the year, recording an operating profit o
19 April 2025, 15:05 PM

Bangladesh Finance endures Tk 793cr loss amid strategic provisioning drive

Bangladesh Finance PLC has reported a consolidated net loss after tax of Tk 793.7 crore for the financial year 2024, a significant decline from Tk 104.2 crore in 2023..The loss primarily stems from a substantial provisioning effort, with the non-bank financial institution allocating Tk 784
19 April 2025, 15:00 PM

Shanta Securities unveils EasyX app to streamline investor experience

Shanta Securities Limited has recently introduced a new application, titled “Shanta EasyX”, featuring a suite of tools poised to redefine the landscape of brokerage services in Bangladesh..According to a press release issued by the company, the innovative platform offers investors a seamle
19 April 2025, 14:52 PM

BEZIA leaders urge policy reforms in meeting with BEZA chairman

Leaders of the Executive Committee of the Bangladesh Economic Zones Investors Association (BEZIA) recently met with Ashik Chowdhury, executive chairman of the Bangladesh Economic Zones Authority (BEZA), at the InterContinental Dhaka to discuss pressing challenges facing economic zones..Led
19 April 2025, 14:47 PM

bKash rewards remittance recipients thru ‘Taptap Send’ campaign

Leading mobile financial service provider bKash recently awarded prizes to 15 individuals who received the highest remittance amounts through Taptap Send, a widely used money transfer operator (MTO) among expatriates..A prize-giving ceremony was held at the bKash head office in Dhaka, wher
19 April 2025, 14:45 PM

Meet Bangladesh Exposition to spotlight export potential on April 24–25

The Ministry of Commerce, in collaboration with the World Bank, will organise the “Meet Bangladesh Exposition (MBX)”, an exhibition aimed at showcasing Bangladesh’s promising export sectors, including medical and personal protective equipment, leather and leather goods, footwear, plastics, and l
17 April 2025, 15:09 PM