United Lube Oil Limited, a distributor of Petronas Lubricants in Bangladesh and a subsidiary of United Group, recently signed a memorandum of understanding (MoU) with Delta Life Insurance Company Limited..Wayez Mahmud, director of the oil and energy company, and Uttam Kumar Sadhu, chief ex

British-Irish company Deltaport Ltd will invest $36 million to set up a garments factory in the BEPZA EZ at Mirsarai in Chattogram.

Mastercard recently announced the winners of its ‘Spend and Win Campaign’ during an award ceremony at the Sheraton Dhaka in the capital’s Banani..The campaign, titled ‘Stunning Sydney 2024’, was live from May 21 to June 30, and offered exciting rewards on spends on Mastercard credit, debit

The 11th Asian Tourism Fair, organised by the Bangladesh Tourism Board, ended at the International Convention City Bashundhara in Dhaka on Saturday..HAKIL Tours and Travels, a sister concern of Hatil Furniture, took part in the three-day event, according to a press release..The compa

Electro Mart Limited recently launched a sales and display centre at Chawkbazar in Chattogram..Consumer electronics and home appliances products like Konka brand LED televisions, refrigerators and freezers, ceiling fan, washing machines, microwave ovens, blenders, juicers, iron, rice cooke

LankaBangla Finance, in collaboration with Mastercard and PriyoShop, an on-demand B2B marketplace, recently launched a co-branded credit card, named “LankaBangla PriyoShop Co-Branded Titanium Mastercard Credit Card”, for the cottage, micro, small and medium enterprises (CMSMEs)..The card w

The Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) signed deals with the Korea Packaging Association (KOPA) and the Korea Importers Association (KOIMA) in Seoul recently, according to a press release .A KBCCI delegation, led by Park Young-sik, ambassador of Korea to Bangladesh, v

Women entrepreneurs and bidders of public tenders yesterday urged for more training facilities on the electronic Government Procurement (e-GP) system introduced by the Bangladesh Public Procurement Authority (BPPA)..They made the plea at a daylong training programme on e-GP, organised by t

Sayeed Ahmed and Mehboob Kabir have been elected president and general secretary, respectively, of the Bangladesh Cargo Vessel Owners’ Association..The election was held during a meeting of the executive committee of the organisation at its head office in the capital’s Kakrail recently, sa

Berger Paints Bangladesh Limited signed an agreement with France-based technology company ABB Cellier for establishing a world class automated production facility at its third factory in the Mirsarai Economic Zone, Chattogram..Rupali Haque Chowdhury, managing director of the paint and coat

The interim government is set to hold the first meeting of the Executive Committee of the National Economic Council (Ecnec) today where proposals would likely be placed on five projects, including two new ones..Muhammad Yunus, chief advisor to the interim government and chairperson of Ecne

The Bangladesh Investment Development Authority (BIDA) and the Foreign Investors Chamber of Commerce and Industry (FICCI) will work together to help attract foreign investment, according to a press release..Lutfe Siddiqui, the special envoy on international affairs to the chief adviser of

Pragati Life Insurance Limited recently held a function to mark the commencement of the construction of its new headquarters in the capital’s Gulshan..Abdul Awal Mintoo, chairman of the life insurer, inaugurated the construction work, the insurer said in a press release..Syed M Altaf

A delegation of the Europe-Bangladesh Federation of Commerce and Industry (EBFCI), led by its president Wali Tasar Uddin, will be visiting Bangladesh for eight days with the vision of “Developing a New Era of Partnership between the UK, EU and Bangladesh” from September 20 to October 5..Th

Ashik Chowdhury has been appointed as executive chairman of the Bangladesh Investment Development Authority (BIDA) for a two-year term starting from the date of joining..The Ministry of Public Administration issued a notification in this regard last Thursday..According to the circula

Hatil recently won the SDG Brand Champion Award 2024 in the category of “SDG Brand Champion in Responsible Consumption and Production” for the furniture brand’s unique waste management process..Syeda Rizwana Hasan, adviser to the Ministry of Environment, Forest and Climate Change, and the

Krishibid Group inaugurated the construction work of ‘Krishibid Sea Palace’, the first five-star hotel in Kuakata, at an event at the Sheraton Dhaka in the capital's Banani yesterday..Initiated by Krishibid Properties Limited, a concern of Krishibid Group, the Kuakata hotel work will end i

MetLife Bangladesh settled Tk 1,425 crore in claims during the first six months of 2024, according to a press release

Muhammad Fouzul Kabir Khan, the adviser on power, energy and mineral resources to the interim government of Bangladesh, has pledged to implement various reforms aimed at enhancing transparency in the tendering process for government projects..He made this promise during meeting with the bo

The Investment Corporation of Bangladesh (ICB) announced a 35 percent cash dividend for the financial year that ended on June 30, 2024..The announcement came from the corporation’s 56th fund related meeting at its head office in Dhaka yesterday, according to a press release..ICB unit