BRAC Bank may withdraw from custodianship of 60 mutual funds. Here's why
BRAC Bank is considering gradually withdrawing custodianship from 60 mutual funds (MFs) if it does not get its authority strengthened over the management of assets in the funds' portfolios.It has come to this position following bitter experiences regarding the alleged misappropriation of two pooled funds by their fund manager.The Bangladesh...
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Stocks tumble to four-month low amid panic over Islamic banks’ merger
Stocks deepened their bearish spell, breaking the psychological threshold of the 5,000-mark after four months on Wednesday, as jittery investors dumped their holdings to escape further losses.Market analysts said investors had been suffering from a confidence crisis for a long time, while the news of the dissolution of the boards...
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Mobile industry backs govt’s NEIR rollout to end grey market
The country's mobile phone industry owners have urged the government to ensure uninterrupted implementation of the National Equipment Identity Register (NEIR) by the Bangladesh Telecommunication Regulatory Commission (BTRC), set to launch on December 16 this year, to curb the widespread use of illegal and unregistered mobile phones.The Mobile Industry Owners...
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Second drone manufacturing project now at BEPZA EZ
The Bangladesh Export Processing Zones Authority (BEPZA) has approved another milestone investment in high-tech manufacturing, welcoming AeroSynth Limited to establish a drone manufacturing facility at the BEPZA Economic Zone (BEPZA EZ) in Mirsharai, Chattogram, reports BSS. This will be the second drone manufacturing project at the BEPZA EZ.The lease agreement...
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Drugmakers seek incentives, stable policies to go public
Leaders of the rapidly-growing pharmaceutical sector have pressed for greater incentives and policy stability to encourage drug manufacturers to go public. The suggestion came up in a meeting betweenrepresentatives of the Dhaka Stock Exchange (DSE) and the Bangladesh Association of Pharmaceutical Industries (BAPI) executive committee on Tuesday. A press release...
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Berger Paints includes female painters in Express Painting Service
Berger Paints Bangladesh Limited has announced the inclusion of female painters in its Express Painting service offered through Berger Experience Zone, says a press release. This initiative expands the company's commitment to providing a professional, fast, and clean painting experience for its customers.The addition of female painters aims to offer...
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Daraz 11.11 returns with biggest sale from Nov 10
Daraz Bangladesh is once again set to dominate the shopping scene with the biggest sale of the year-the 11.11 campaign, themed "THE REAL BOSS." The mega sale will go live from November 10, 2025 at 8:00pm and continue until November 21, 2025, giving customers nearly two weeks of unbeatable offers,...
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BD, Japan to expand skilled labour, training cooperation
TOKYO, Nov 05 (BSS): Bangladesh and Japan have agreed to enhance cooperation in technical training and skilled labour recruitment as Senior Secretary Dr. Neamat Ullah Bhuiyan met Japan's Vice Minister for International Affairs Watanabe Yoichi in Tokyo on Wednesday.During the meeting, Dr. Bhuiyan expressed gratitude to the Japanese government for...
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PUBALI BANK INKS DEAL WITH VISA WORLDWIDE PTE
Pubali Bank will launch promotion, marketing and different incentives programme of VISA Card and POS, acquiring business under a new agreement it recently signed with VISA Worldwide Pte Limited. The bank's Managing Director & Chief Executive Officer Mohammad Ali; Country Manager of VISA, Bangladesh Sabbir Ahmed; Deputy Managing Director Md....
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BRAC BANK, METLIFE JION HANDS TO ENABLE SEAMLESS PREMIUM PAYMENTS
BRAC Bank has entered into a strategic partnership with MetLife Bangladesh to simplify and streamline insurance premium payments for MetLife policyholders across both digital and physical banking channels. MetLife customers will be able to pay their premiums via BRAC Bank's branches, sub-branches, agent banking outlets, ASTHA internet banking, payment gateways,...
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BAEC holds views exchange meeting
A view exchange meeting of the Bangladesh Atomic Energy Commission (BAEC) was held in Dhaka on Wednesday. Md Anwar Hossain, Secretary, Ministry of Science and Technology, Bangladesh Atomic Energy Commission Chairman Dr Md Mojibur Rahman and Member Dr Debashis Pal attended the meeting. The meeting focused on "Importance, prospects and...
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ICAB ACCORDS RECEPTION TO PARVEEN MAHMUD
The Institute of Chartered Accountants of Bangladesh (ICAB) has hosted a grand reception to honour Parveen Mahmud, who was recently awarded the SAFA Lifetime Woman Leadership Award 2025. ICAB President N K A Mobin, Vice President (Strategy and Stakeholder Collaboration & Coordination) Suraiya Zannath and former adviser to the caretaker...
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PRAGATI INSURANCE SETTLES CLAIM FAST
Pragati Insurance Limited has settled a claim in a very short time and handed over a cheque for Tk 1.8 million to the wife of Md Abul Hashem, a high official of Bank Asia, following a tragic road accident involving his car, which left him and three other members of...
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Rupayan Group signs MoU with BestBari
Rupayan Group partnered with local proptech start-up BestBari to sign a Memorandum of Understanding (MoU), which will enable both the organisations to combine efforts in an attempt to dominate property sales in Bangladesh. The signing ceremony was held at Rupayan Centre in the city recently. On behalf of Rupayan Group,...
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