Subrata Ranjan Das becomes DMD of ACI Motors

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
2 January 2025, 14:33 PM

Lovello declares 20% dividends

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
2 January 2025, 14:31 PM

Best Holdings announces 10% cash dividend

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
1 January 2025, 16:13 PM

Mastercard launches winter spend and win campaign

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
1 January 2025, 15:23 PM

Pragati Life signs group insurance deal with Shahjalal Islami Bank

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
1 January 2025, 15:23 PM

Maria Howlader becomes new president of ICAB

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
31 December 2024, 15:54 PM

ACI Formulations declares 20% cash dividend

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
31 December 2024, 15:35 PM

Gree wins most emerging AC brand award

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
30 December 2024, 14:22 PM

MGI brands win 9 awards at 16th Best Brand Awards

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
29 December 2024, 14:44 PM

ACI declares 35% dividends

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
29 December 2024, 14:42 PM

Akij Board wins Best Brand Award in wooden board category

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
28 December 2024, 15:14 PM

Akij Ceramics wins Best Brand Award for sixth year in a row

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
28 December 2024, 15:14 PM

Visa unveils medical debit card with BRAC Bank

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’
26 December 2024, 14:49 PM

Mesbah Uddin appointed MD of IDLC Investments

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
26 December 2024, 14:48 PM

New lubricant 'Petronas Nexta' launched in Bangladesh

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.
25 December 2024, 13:35 PM

CDBL announces 20% cash dividend

The Central Depository Bangladesh Limited (CDBL) has declared a 20 percent cash dividend for the year that ended on June 30, 2024..The declaration came at the company’s 24th annual general meeting (AGM), which was held virtually recently, said a press release..Azam J Chowdhury, a dir
24 December 2024, 15:19 PM

Unilever, Kewkradong cleanup campaign at St Martin's

Unilever Bangladesh Limited, in partnership with Kewkradong Bangladesh (KB), country coordinator of US-based non-profit Ocean Conservancy, conducted a coastal cleanup campaign at Saint Martin's Island recently..A total of 350 volunteers took part in the programme and removed 1,500 kilogram
24 December 2024, 15:18 PM

Walton, Safe host annual conferences for distributors

Walton Group in association with Safe, one of the largest electronic appliance brands in Bangladesh, recently organised two conferences, styled “Walton Electrical Appliance Annual Distributors Conference-2024” and “Safe Electrical Appliance Annual Distributors Conference-2024”..SM Shamsul
24 December 2024, 15:16 PM

Malaysia keen to invest more in Bangladesh, envoy says

Malaysia has a strong interest in increasing investments in Bangladesh, according to Mohd Shuhada Othman, the high commissioner of Malaysia to Bangladesh..He made this comment at the 23rd annual general meeting of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) at a hotel
24 December 2024, 15:14 PM

BAPLC organises 25th AGM

The Bangladesh Association of Publicly Listed Companies (BAPLC) organised its 25th annual general meeting (AGM) at Sheraton Dhaka in the capital’s Banani recently. .Rupali Haque Chowdhury, president of BAPLC, presided over the meeting, the association said in a press release..As exe
23 December 2024, 15:00 PM