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

34m 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

38m 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

Project for developing workforce capabilities of graduates

The pandemic has not only caused the economy to contract but also led to significant job and livelihood losses in various sectors.

2y ago

Tesla in $5b deal with Indonesia for nickel

US carmaker Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia.

2y ago

GP, UNDP, Bida launch skills dev programme

A programme styled “Graduate Employment in Private Sector” was launched yesterday to train graduates entering the workforce on foundational skills such as digital and financial literacy, communication, and business appreciation.

2y ago

StanChart’s first automated over-the-weekend loan for Nestlé

Standard Chartered Bangladesh completed the country’s first automated over-the-weekend loan disbursement under its distributor finance programme yesterday.

2y ago

HSBC gives Brac Tk 612cr in social loan financing

The HSBC in Bangladesh has facilitated Tk 612 crore in social loan financing for Brac to implement social development projects.

2y ago

Brac Bank, Brac University sign deal

Brac Bank recently signed an agreement with Brac University to launch a comprehensive “Entrepreneur Accelerator Programme” aimed at helping aspiring women entrepreneurs become successful in business.

2y ago

47 get Walton’s branding award

Walton, an electric and electronic products manufacturer of Bangladesh, honored its 47 distributors, various employees and enterprises with the Branding Heroes Award for their outstanding contribution in raising sales growth through root-level creative branding under its digital campaigns.

2y ago

Turkish Airlines holds Agency Award Night 2022

Turkish Airlines, the national flag carrier of Türkiye, has arranged a grand award distribution ceremony for its top travel agents in Bangladesh. The program titled, “Agency Award Night 2022”, was held recently at Hotel Le Meridien Dhaka.

2y ago

GBES enhances its footprint into Bangladesh with Daikin AC

GBES Asia Limited, a company operating from Hong Kong represented by former Haier India Foundation and Whole Time Director, started its journey in the Bangladesh market with an air-conditioning product of flagship brand Daikin recently.

2y ago

Berger Paints’ profit jumps

Berger Paints Bangladesh Ltd posted a 23.49 per cent year-on-year increase in profit in the April-June quarter of 2022. 

2y ago