Bangladesh needs a stronger intellectual property protection mechanism to become more attractive for foreign direct investment, according to Syed Ershad Ahmed, president of the American Chamber of Commerce in Bangladesh (AmCham)..“A strengthened intellectual property rights (IPR) regime is

Pragati Life Insurance Limited recently signed an agreement with Grameen Digital Healthcare Solutions (GDHS) to launch an integrated life and health insurance package for users of the on-demand digital healthcare platform “Shukhee App”..Md Jalalul Azim, managing director and CEO of the lif

A new think tank, Bangladesh Travel and Tourism Council (BTTC), has started its journey in a bid to create a network of professionals and businesses to foster collaboration and knowledge exchange in the local travel, tourism and hospitality sector..The council held its first meeting at a h

The Sri Lanka Bangladesh Chamber of Commerce and Industry (SLBCCI) organised an “Annual Members Night” at International Club in the capital’s Gulshan recently..The event brought together the chamber’s members to strengthen ties and reflect on its progress, the chamber said in a press relea

Without a solid understanding of the evolution of artificial intelligence (AI) and allowing it to develop autonomously, the future of humankind could face “unforeseen dangers”, warned a leading academic at an event at the University of Cambridge..“To be future-ready, we need to augment our

Listing companies that perform well, rationalising the tax regime and ensuring transparency in all activities related to the stock market will help raise investor confidence, according to several market players..Additionally, the mindset among investors and market intermediaries that stock

Eastland Insurance PLC has elected a sponsor director to the post of vice-chairman through a board meeting recently..The official, Rizwan Rahman, is the managing director of ETBL Holdings, which has interests in infrastructure, financial services, warehousing and print media, said a press

DBH Finance PLC logged a 40 percent year-on-year increase in profits in the July-September quarter this year. .In the same period of the preceding year, the company had reported an 18 percent increase in profits, said a press release..Its earnings per share (EPS) stood at Tk 1.68 in

BRAC Bank and Heidelberg Materials Bangladesh signed a deal recently on tailored financial services covering collection, payment and reconciliation solutions. .Terence Ong Kian Hock, managing director of the multinational building materials company, and Tareq Refat Ullah Khan, deputy mana

To celebrate Halloween with a variety of spooky decorations and fun activities for visitors, a two-day-long “Halloween Fest” has begun at amusement park Fantasy Kingdom today..One of the main attractions will be the “Horror Tunnel” at Fantasy Kingdom, where guests can walk through a thrill

MA Jabbar, managing director of DBL Group, has been elected as the president of the Bangladesh Economic Zones Investors’ Association (Bezia)..Jabbar is the adviser to the Bangladesh Ceramic Manufacturers and Exporters Association, and convener of the Bangladesh Semiconductor Industries Ass

InterContinental Dhaka recently signed a memorandum of understanding (MoU) with Triune Group to become the hospitality partner of the 10th healthcare and medical equipment exhibition, styled “MEDEXPO-2024”..Triune Group will organise the three-day exhibition to be held at the Ruposhi Bangl

The government will bring structural reforms in all areas as required to mend the economy and create an investment climate, according to Lutfey Siddiqi, the chief adviser’s special envoy on international affairs..“We want to create a pro-business climate through discussions with businessme

Eastern Housing Limited announced a 19 percent cash dividend for the fiscal year 2023-2024..The announcement came at the company’s 60th annual general meeting (AGM), which was held virtually yesterday, said a press release..Md Rafiqul Islam, an independent director of the company, pr

The 15th edition of BizMaestros-UFLP, the flagship business competition of Unilever Bangladesh, embodying the “Thrill of Real Business”, is all set to begin on November 3..The registration for the competition will commence from the same date. The initial round of the event consists of an o

Two factories of state-owned Bangladesh Textile Mills Corporation (BTMC) are being reopened after 27 years through a private-public partnership (PPP) with Pran-RFL Group..RR Textile Mills in Sitakunda and Rajshahi Textile Mills will be relaunched after being renamed Chittagong RR Textiles

Syed Iqbal Mahmud Hossain, sales director of Nestlé Bangladesh PLC, has been appointed as a board member of the company, effective from October 15 this year..Hossain, a seasoned sales expert, has excelled in various roles at Nestlé, including an expatriation to India, Nestlé said in a pres

The 29th Bangladesh edition of “Build Series of Exhibitions”, comprising 6 major international expos that serve as a vital platform for the real estate, construction and renewable energy industry, will be held at the International Convention City Bashundhara in Dhaka on November 14..The an

The Bangladesh Business & Disability Network (BBDN) and SME Foundation (SMEF) signed a Memorandum of Understanding (MoU) to promote accessible financial services for entrepreneurs with disabilities

MetLife Bangladesh recently signed an agent banking premium collection agreement with City Bank PLC. .Ala Uddin, deputy managing director and chief financial officer of the life insurer, and Nurullah Chaudhury, deputy managing director and head of corporate banking of the bank, penned the