Organisation News

Organisation News

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

7h ago

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

8h ago

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

1d ago

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

2d ago

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

2d ago

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

2d ago

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

3d ago

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

3d ago

Walton wins ‘Excellence in Investment Award 2025’

Walton, a super brand and technology giant in the country, has been honoured with the ‘Excellence in Investment Award 2025’ at the Bangladesh Investment Summit, in recognition of its significant and impactful contributions to the Bangladeshi economy through strategic investments..Chief Adv

2w ago

China’s Handa Industries to invest $150m in Bangladesh’s textile, garment sectors

Handa Industries Limited, a renowned China-based apparel manufacturing company specialising in high-quality knitted textiles, dyeing processes, and garments on a global scale, is set to invest $150 million in Bangladesh..Of the total investment, $100 million will be allocated to the textil

2w ago

Capt Sajjadul Haq made Biman's chief of training

Biman issued a notice in this regard yesterday

2w ago

bKash agents can now receive, transfer e-money 24/7 thru agent app

bKash, the leading mobile financial service (MFS) provider of Bangladesh, has launched a new service, named “Automated Cash Management” or “24/7 Cash Management”, enabling agents to instantly access e-money from the linked bank accounts of their Agent App to meet customer demands at any time.</p

2w ago

Nagad logs Tk 34,000 crore transactions in March

Nagad, the mobile financial service (MFS) provider of the Bangladesh Postal Department, has recorded its highest-ever monthly transaction volume, amounting to Tk 34,000 crore in March this year..On the occasion of this remarkable achievement, Nagad’s authorities extended their heartfelt co

2w ago

Chowdhury Kaiser new AmCham executive director 

Riyadh, who previously served as secretary, has been instrumental in policy advocacy, organising key seminars, and fostering a conducive trade and investment environment, according to a press release

4w ago

Journo leaders protest Noab's decision on Eid leave

Journalist leaders have strongly protested the Newspaper Owners' Association of Bangladesh's (Noab) decision to keep newspapers closed for just three days on the occasion of Eid-ul-Fitr

4w ago

Mastercard launches campaign for Eid, Boishakh

Global digital payment service provider Mastercard has launched the “Mastercard Holiday Spend Campaign 2025”, styled “Festival means Mastercard”, a 25-day flash campaign..This campaign is designed to enhance the festive seasons of Eid-ul-Fitr and Pohela Boishakh, offering a range of exciti

1m ago

Transcom Group donates Tk 1.25 crore to Labour Welfare Fund, empowering workers

Transcom Group has contributed 0.5 percent of its profits to the Labour Welfare Fund, in accordance with the Bangladesh Labour Law 2006, as part of its corporate social responsibility..This year, the company has credited an impressive Tk 12,530,486 to the fund, which will be used to suppor

1m ago

bKash simplifies zakat donations

bKash has streamlined the process of zakat and charitable donations, enabling individuals to contribute to various organisations not only during Ramadan but throughout the year..To make a donation through the bKash app, users simply need to click on the ‘Donation’ icon, select their prefer

1m ago