Organisation News
Hike tax on cigarettes to boost revenue collection
The tax on cigarettes in Bangladesh should be raised in the national budget for fiscal 2024-25 to boost the country’s revenue generation and minimise health risks, according to experts.
Sunshine Bricks honoured as “Green Champion”
Sunshine Bricks was recently honoured as a “Green Champion” for manufacturing construction materials with the successful implementation of energy-efficient tunnel kiln technology.
Digital technology crucial for essential service delivery
Bangladesh needs to take the crucial decision of embracing digital technology to ensure essential services like healthcare and education, said Binayak Sen, director general at the Bangladesh Institute of Development Studies (BIDS), yesterday.
Mamun Rashid joins ShopUp as president
Mamun Rashid, an economic analyst and banker, has joined ShopUp, a business-to-business commerce platform in Bangladesh, as president.
IBA winner of ‘HSBC-IBA Business Case Competition 2024’
The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh, in partnership with the Institute of Business Administration (IBA) of the University of Dhaka, recently organised the finale and award-giving ceremony of “Business Case Competition 2024”.
ACI Motors opens new Yamaha showroom on Madani Avenue
ACI Motors, distributor of Yamaha motorcycles in Bangladesh, recently launched Yamaha’s new showroom, styled “Rubel Express”, at 100 feet on Madani Avenue in Gulshan’s Natun Bazar.
Mahbubur Rahman re-elected chairman of Eastland Insurance
Mahbubur Rahman has been re-elected chairman of Eastland Insurance Company for another three-year term.
6 firefighters get ‘Nirbhik Sanmanana 2024’ award
Six firemen have been honoured by RTV in collaboration with RR Kabel with the “Nirbhik Sanmanana 2024” award for risking their lives to save other people and their property.
Architects honoured at IAB awards
The Institute of Architects Bangladesh (IAB) recently honoured architects for their contribution to the country in different categories.
BHBFC gets Tk 3,200cr from IsDB
Bangladesh House Building Finance Corporation (BHBFC) recently signed an agreement with the Islamic Development Bank (IsDB) under which the former will get around Tk 3,200 crore from the latter.
Walton to make mobile phone circuit boards
The Bangladesh Telecommunication Regulatory Commission (BTRC) has recently decided to give approval to Walton Digi-Tech Industries to locally manufacture printed circuit boards (PCBs) specifically for handsets.
DESCO MIC gets Tier 3 certification
The Dhaka Electric Supply Company Limited’s (DESCO’s) Master Information Centre (MIC) has received Tier 3 certification in both design and facility from the Uptime Institute of the USA.
Agri ministry, Netherlands to hold roundtable on agriculture transformation
The Ministry of Agriculture and the Embassy of Bangladesh in the Netherlands will jointly convene a roundtable at the Wageningen University in the Netherlands on Monday to discuss future scenarios and ways to transform the agriculture sector of Bangladesh.
Paramount Textile organises ‘Fabrics Week’
Paramount Textiles recently organised a fabrics week, styled “Spring-Summer Collection Fabrics Week”, to further expand the textile industry of Bangladesh in the international market.
Eastland Insurance declares 10% cash dividend
Eastland Insurance Company recently declared a 10 percent cash dividend for the year that ended on December 31, 2023.
Cactus Materials offers tech-based solutions for CETP
Cactus Materials, a US-based developer of proprietary nanotechnology-based solutions for long-lasting antimicrobial and antifouling properties of water, expressed interest in providing the technology for the Central Effluent Treatment Plant (CETP) and desalination project at the Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsarai.
Nagad, Pran-RFL Group ink deal on digital finance, consumer goods integration
Nagad has forged a corporate partnership with Pran-RFL Group, marking a significant milestone in the evolution of digital finance and consumer goods integration.
GPH Ispat makes Tk 64 crore profit in Q3
GPH Ispat Ltd registered a profit of Tk 64.31 crore between July and March of the current financial year on the back of the relative stability in the exchange rate as it helped reduce expenses for raw materials imports.
