Afroza Shahin has been appointed as the managing director (MD) of TEAM Group, following the untimely demise of Abdullah Hil Rakib, the founder and former MD, who passed away in a recent accident in Canada, according to a press release..Shahin has long been actively engaged in the leadershi

Walton Hi-Tech Industries PLC, one of the electrical and electronic products manufacturers in Bangladesh, has recently been awarded the “Green Factory Award 2025” in the electrical and electronics product manufacturing category..Brig Gen (retd) M Sakhawat Hussain, adviser to the Ministry o

Bata Shoe Company (Bangladesh) Limited has declared a staggering 445 percent cash dividend, including a 340 percent interim dividend already paid and a 105 percent final dividend approved, for the financial year 2024..The announcement was made during the company’s 53rd annual general meeti

Syed Moinuddin Ahmed has recently been elected chairman of DBH Finance PLC, a non-bank financial institution (NBFI) in Bangladesh..The election took place during the company’s 158th board meeting, according to a press release issued by the NBFI..Ahmed has served as a member of the DB

KR Ship Recycling Yard, a prominent shipbreaking facility in Bangladesh, has been awarded the Green Factory Award 2025 in recognition of its environmentally responsible ship recycling practices..Brig Gen (retd) M Sakhawat Hussain, adviser to the Ministry of Shipping and the Ministry of Jut

The country’s leading mobile financial service (MFS) provider, bKash, has launched a new financial product titled “Monthly DPS” (Deposit Pension Scheme) in partnership with Dhaka Bank PLC and IDLC Finance PLC..The launch follows the success of bKash’s six-month “Weekly DPS” scheme, accordi

NKA Mobin, executive president of Emerging Credit Rating Limited (ECRL), has been elected president of the Institute of Chartered Accountants of Bangladesh (ICAB) for a one-year term, effective from June 24..He succeeds Maria Howlader, who has completed her tenure as president, according t

The United Kingdom (UK) remains steadfast in its commitment to deepening its partnership with Bangladesh, particularly in expanding bilateral trade and investment, according to Sarah Cooke, British high commissioner to Bangladesh..Cooke reiterated this commitment during a meeting with Mahb

Green Delta Capital Limited, a leading investment bank in Bangladesh, has secured a $100 million limited recourse debt financing package for RSGT Bangladesh Ltd, an affiliate of Red Sea Gateway Terminal, a prominent global port operator headquartered in Saudi Arabia, marking an achievement in th

A total of 252 students received their graduation certificates this year

Bangladesh General Insurance Company PLC has announced a 10 percent cash dividend for the financial year 2024..The declaration was made during the company’s 40th annual general meeting (AGM), which was held virtually yesterday, according to a press release..The meeting was chaired by

Club Notredamian Bangladesh Limited hosted the prize-giving ceremony for its Chess Tournament 2025, held on May 9 and 10

If business process outsourcing (BPO) companies in Bangladesh fail to adopt technologies like artificial intelligence, machine learning, and large language models, they will fall behind in global competition, experts warned yesterday..“Technological advancement in the past two years has su

Chartered accountants yesterday described the claims by cost and management accountants regarding audit rights as “misleading and unprofessional.”..At a press conference in Dhaka, the Institute of Chartered Accountants of Bangladesh (ICAB) rejected the allegations made by the Institu

Ispahani Centre has been designed to accommodate a thoughtful mix of retail, dining, and commercial tenants.

Prime Bank Investment Limited (PBIL) has signed a memorandum of understanding (MoU) with IFA Consultancy Limited (IFAC), a Shariah advisory firm in Bangladesh, to jointly promote Islamic investment in Bangladesh..Syed M Omar Tayub, managing director and chief executive officer of PBIL, and

The collateral-free digital loan limit has recently been raised from Tk 30,000 to Tk 50,000, offered by City Bank PLC through the bKash app, in response to growing customer demand..Launched in 2021 as a joint initiative between bKash and City Bank, the service has gained popularity for its

M Naseemul Hye has been elected as president of the Institute of Chartered Secretaries of Bangladesh (ICSB) for the remainder of the 2022-2025 council term..Prior to this appointment, Hye served as senior vice-president of the institute during the 2013-2016 term, according to a press relea

Guardian Life Insurance Limited has signed an agreement with the Embassy of France in Bangladesh to provide comprehensive insurance coverage for the embassy’s employees and their family members..Under the agreement, all staff of the French Embassy, along with their dependants, will be enti

The programme is designed to address the long-standing credit exclusion faced by farmers, small traders, workers, and rural entrepreneurs