Taskforce suggests regulatory reform to address bureaucratic red tape

A government taskforce has suggested creating a Regulatory Reform Commission (RRC) to address the pervasive issues of over-regulation and red tape in the bureaucracy, governance, businesses and tax regime. “Over-regulation and bureaucratic red tape hindering business growth and foreign investment. To address the pervasive issue a Regulatory Reform Commission (RRC) is

JICA inaugurates BSRM’s steel plant

The Japan International Cooperation Agency (JICA) has funded the new environmentally friendly steel plant of Bangladesh Steel Re-Rolling Mills (BSRM) Limited. The plant is located at Mirsharai, Chattogram, and it was inaugurated on February 1, 2025. The ceremony marked a significant milestone for JICA supporting Bangladesh’s private sector. The project, supported

Emirates unveils Bangkok airport lounge

Emirates has opened its new lounge at Bangkok’s Suvarnabhumi Airport, Satellite 1 Terminal (SAT-1). The expanded lounge in Bangkok now stands as the largest international lounge facility beyond the airline’s home market. The newly relocated and refurbished lounge in the airport's latest terminal sets a new standard for premium travel, offering

MetLife settles 2,895 crore taka claims

MetLife Bangladesh settled 2,895 crore taka claims in 2024. This amount includes the money customers received as insurance benefits and claims for loss of life and medical needs. MetLife Bangladesh's Chief Executive Officer, Ala Ahmad, said, "The most important part of a customer’s insurance journey is receiving claims. We have relentlessly

Mohammad Iqbal joins as DMD in UBL

Mohammad Iqbal, a veteran banker with 28 years working experience in Agrani Bank, Mutual Trust Bank, Midland Bank and Citizens Bank has recently joined Shariah based Union Bank PLC (UBL) as Deputy Managing Director. Prior to joining the this 4th generation Shariah based Union Bank, Iqbal was Senior Executive Vice President

OPPO Reno13 Series announced

OPPO has announced the upcoming launch of the Reno13 Series in Bangladesh. With a unique blend of nature-inspired design, cutting-edge technology, and sophisticated fashion elements, the Reno13 Series redefines the smartphone experience. Featuring two groundbreaking design elements— the Butterfly Shadow and the Luminous Loop— the Reno13 Series sets a new standard

IBBL holds agent banking conference

Dhaka East Zone and Dhaka Central Zone of Islami Bank Bangladesh PLC (IBBL) organized Agent Banking Business Development Conference and Workshop on Prevention of Money Laundering & Terrorist Financing on January 31 at a local hotel in the capital. Mohammed Monirul Moula, Managing Director of the Bank addressed the conference as

BRAC Bank partners with Aster Pharmacy

BRAC Bank partnered with Aster Pharmacy, an international pharmacy, to provide exclusive benefits to its Premium Banking Senior customers. This partnership will allow BRAC Bank Premium Banking Senior customers to enjoy exclusive welcome pack vouchers and year-round discount offers at Aster Pharmacy outlets. Mehruba Reza, Head of Premium Banking Segment at BRAC