Bangladesh Lamps announces 10% dividends

Bangladesh Lamps Limited, an authorised manufacturer and distributor of Transtec lighting products, including smart LED bulbs, tube lights, and lighting accessories, declared 10 percent dividends, including a 5 percent cash dividend, for the year ending on June 30, 2024..The declaration ca
22 December 2024, 14:43 PM

ICB declares 2% dividend

The Investment Corporation of Bangladesh (ICB) announced 5 percent dividends, including a 2.5 percent cash dividend, for the year ending June 30, 2024..The announcement came at the corporation’s 48th annual general meeting (AGM), which was held virtually recently, according to a press rele
22 December 2024, 14:43 PM

Walton extends warranty for computer monitors up to 3yrs

Walton Digi-Tech Industries Limited, the leading tech giant in Bangladesh, has increased the warranty for its computer monitors..From now on, customers can enjoy up to three years of warranty benefits of up to 22-inch monitors of all models of Walton’s “CiNEd” and “CiNEXA” along with ACC b
21 December 2024, 13:16 PM

Tea Traders Association gets new office bearers

Shah Moinuddin Hasan, general manager of Ispahani Tea Limited, was re-elected as the president of the Tea Traders Association of Bangladesh (TTAB) for a two-year term (2024-2026)..Md Yusuf has been elected as the vice-president of the association, according to a press release..Golam
19 December 2024, 14:49 PM

Mastercard honoured with 'Enabler of Excellence' award

Mastercard was recognised with the “Enabler of Excellence” award by Eastern Bank PLC (EBL) at the “EBL Digital Excellence Summit 2024”..This accolade celebrates Mastercard’s outstanding contribution to enabling digital financial solutions and fostering innovation in Bangladesh’s digital pa
18 December 2024, 16:02 PM

Crown Cement declares 21% cash dividend

Crown Cement PLC has announced a 21 percent cash dividend for the year that ended on June 30, 2024..The announcement came at the cement manufacturer’s 30th annual general meeting (AGM), which was held virtually recently, the company said in a press release..Mohammed Jahangir Alam, ch
18 December 2024, 16:01 PM

IBFB gets new office bearers

Lutfunnisa Saudia Khan, chairman of Bangla Phone Limited, was elected the president of the International Business Forum of Bangladesh (IBFB) yesterday..Saudia Khan is also the chairman of Commlink Info Tech Limited and Newton Engineering Limited, said a press release..Syed Mustafizur
17 December 2024, 16:06 PM

Walton MD honoured with ‘MD of the Year Award’

SM Mahbubul Alam, managing director of Walton Hi-Tech Industries PLC, has been honoured with the “MD of the Year Award” by Bangladesh Brand Forum (BBF) at the “Bangladesh C-Suite Awards-2024”..Alam received a crest and a certificate from Ishtiaq Mahmood, professor of the National Universit
17 December 2024, 14:30 PM

LPG operators' assoc gets new president

Mohammed Amirul Haque, managing director of Delta LPG Limited, was elected president of LPG Operators Association of Bangladesh (LOAB) for a two-year term (2025-2026) yesterday..Haque will replace Azam J Chowdhury, who recently completed his term, according to a press release..Amirul
17 December 2024, 14:30 PM

bKash holds anti-money laundering seminar

Mobile financial service (MFS) provider bKash organised an annual seminar in Dhaka recently to boost the skills of employees engaged in anti-money laundering and combating financing of terrorism (AML&CFT) activities..The two-day long seminar brought together employees from the AML&CFT depa
16 December 2024, 15:21 PM

Bepza invites Chinese investors to seize golden opportunity in Bangladesh

The Bangladesh Export Processing Zones Authority (BEPZA) urged Chinese investors to come and explore the golden opportunity to invest in Bangladesh..Major General Abul Kalam Mohammad Ziaur Rahman, executive chairman of Bepza, made the request at a seminar in Ningbo, China yesterday, accord
16 December 2024, 15:21 PM

BSRM declares 35% cash dividend

Bangladesh Steel Re-Rolling Mills Limited (BSRM) declared a 35 percent cash dividend for the financial year 2023-2024..The announcement came at the company’s 62nd annual general meeting (AGM) held virtually yesterday, according to a press release..Alihussain Akberali, chairman of the
14 December 2024, 14:47 PM

Visa to support 7.8m CMSMEs thru SME Foundation

SME Foundation has signed a three-year partnership agreement with Visa to support cottage, micro, small and medium-sized enterprises (CMSMEs) in Bangladesh..Anwar Hossain Chowdhury, managing director of the foundation, and Sabbir Ahmed, country manager for Bangladesh, Nepal and Bhutan at V
11 December 2024, 15:24 PM

Syngenta Foundation renamed SAF Bangladesh

The Syngenta Foundation for Sustainable Agriculture changed its name to “SAF Bangladesh” recently..The company organised an event at a hotel in Dhaka where Mohammad Moshiur Rahman, chairman of the organisation, launched the new logo and name of the company, said a press release..Asif
11 December 2024, 15:24 PM

Unilever Bangladesh stages grand finale of 15th BizMaestros

Unilever Bangladesh Limited (UBL), a leading fast-moving consumer goods company, staged the grand finale of the 15th edition of its flagship business competition, styled “BizMaestros”, in Dhaka recently..A team from the Institute of Business Administration (IBA) at the University of Dhaka,
10 December 2024, 15:04 PM

Moynul Islam made president of BCMEA

Moynul Islam, vice-chairman of Monno Ceramic Industries, was selected as the acting president of the Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) yesterday..The election was held during the 51st board meeting of BCMEA at a hotel in the capital, the association said in
8 December 2024, 15:37 PM

Prime Bank Investment honoured with global award

Prime Bank Investment Limited (PBIL) was awarded the “Excellence in Mergers & Acquisitions Advisory – Bangladesh” by Boston Brand Research & Media (BBRM), a globally recognised consulting and media organisation, at the Global Brand Frontier Awards 2024..Supported by renowned institutions s
7 December 2024, 15:10 PM

FICCI partners with govt to attract global investors

The Foreign Investors’ Chamber of Commerce & Industry (FICCI) will collaborate with the government to attract international investors and expand business opportunities in the country, its President Zaved Akhtar said at a programme yesterday..He made the remarks during FICCI’s 61st annual g
5 December 2024, 15:53 PM

Asif Bhuiyan becomes new CEO of AK Khan & Company

AK Khan & Company Ltd, a Chittagong-based business conglomerate, has appointed Asif Bhuiyan as its new group chief executive officer (CEO)..Before joining AK Khan & Company, Khan held several leadership roles in leading multinationals like LafargeHolcim, Unilever and British American Tobac
5 December 2024, 14:09 PM

Bangladesh Travel and Tourism Council elects office bearers

Kazi Wahidul Alam, editor of the Bangladesh Monitor, and Masud Hussain, managing director of Bengal Tours Ltd, were elected as president and secretary respectively of the newly launched Bangladesh Travel and Tourism Council (BTTC)..The election took place at the first general meeting of th
5 December 2024, 13:59 PM