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

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