local-business
PRAN-RFL gives protective equipment to DRU
PRAN-RFL Group, one of the leading business conglomerates of the country, has given
protective equipment to the Dhaka Reporters Unity (DRU) for its members.
Kamruzzaman Kamal, Marketing Director at PRAN-RFL Group, handed over the protective equipment at DRU office in the capital on Wednesday.
READ: Pran Drinking Water gives food to the needy in Ramadan
Morsalin Nomani, President and Moshiur Rahman Khan, General Secretary at DRU received the PRAN-RFL group’s surgical face mask and hand sanitizer on behalf of Dhaka Reporters Unity. Touhiduzzaman, Assistant General Manager (Public Relations) at PRAN-RFL Group, Arafat Daria, Joint Secretary, Mainul Ahsan Sohel, Organizing Secretary, Maidur Rahman Rubel, Publicity and Publication Secretary, Mohammad Noimuddin, Hospitality Secretary and Khalid Saifullah, Welfare Secretary at DRU, among others were also present at the program.
They thank the PRAN-RFL Group for giving protective equipment to their members.
Kamruzzaman Kamal said, “Dhaka reporters unity is the country’s leading journalist organization.The members of DRU who are the frontline’s journalists, are workingb continuously in the field with the risk of life and delivering all kinds of information to us amid the corona situation. We thank them on behalf of the PRAN-RFL group.”
READ: Pran Agro issues 1st internationally guaranteed bond in Bangladesh
He also added, “PRAN-RFL has taken numerous initiatives to stand beside poor people and
fronliners after the outbreak of virus in March last year. We are distributing foods regularlyamong poor people and donating safety equipment to the hospitals. As part of the initiative, we are happy to give the protective equipment to the DRU.”
Robi’s digital employee healthcare platform becomes role-model for Axiata
Robi’s innovative digital solution to keep a tab on well-being of its employees and their family members during the Covid-19 pandemic has been recognized as a role model by Axiata group.
Robi’s digital leadership has inspired a number of Axiata’s operating companies spread over different countries to adopt similar solutions.
Read: Robi partners with SKS to help Covid-hit low-income people
In Robi’s in-house digital healthcare platform employees can submit the health status of themselves and their family members. They can also hit the emergency button in need of immediate support, responding to which Robi’s HR team contacts them instantly. After receiving feedback from the healthcare platform, the HR team gets in touch with the help seeking employee.
The reports from the healthcare platform and the one-on-one check-ins are later summarized into a health dashboard for discussing frequently in the management meetings to ensure employees and their family’s sound health.
Read: Mobile Insurance Offers in Bangladesh Can Save Lives
IBBL Rangpur Zone holds Seminar on Shari‘ah compliance
Islami Bank Bangladesh Limited Rangpur Zone Organized a webinar on ‘Compliance of Shari‘ah in Banking Operations’ recently.
Mohammed Nasir Uddin FCMA, Director of the Bank addressed the webinar as chief guest and Mohammad Qaisar Ali, Additional Managing Director of the bank addressed as special guest.
Also read: IBBL Rajshahi holds business development conference
Besides Mufti Sayeed Ahmed, Vice Chairman, Shari‘ah Supervisory Committee addressed the webinar as chief discussant.
Mir Rahmat Ullah, Executive Vice President, & Head of Rangpur Zone presided over the program while Md. Shamsuddoha, Executive Vice President, Mohammad Shahjahan Ali Head of Rangpur Branch addressed it in presence of the Head of Branches and Officials under Rangpur Zone.
READ: IBBL Rangpur holds business development conference
IBBL Agrabad, Khatunganj branches hold webinar on Shariah compliance
Corporate branches of Islami Bank Bangladesh Limited (IBBL) in Agrabad and Khatunganj organised the webinar "Compliance of Shari'ah in banking operations" Saturday.
Dr Md Sirajul Karim, director of the bank, addressed the event as chief guest and Mohammed Monirul Moula, managing director and CEO of the bank, as special guest.
Also read: IBBL Rajshahi holds business development conference
Dr Mohammad Gias Uddin Talukder, chairman of the IBBL Shari'ah Supervisory Committee, addressed the webinar as chief discussant.
Meah Md Barakat Ullah, head of the Agrabad branch, presided over the programme, according to a press release.
Robi offers Tk1 lakh life insurance coverage on specific bundle packs
In the wake of the Covid-19 pandemic, Robi is offering Tk1 lakh life insurance coverage to customers on specific bundle packs purchase.
Customers recharging Tk324 or Tk104 will automatically receive insurance coverage and benefits from Health Plus, Robi's digital health platform.
Read: Mobile Insurance Offers in Bangladesh Can Save Lives
Customers can avail 525 voice minutes and 512MB data by recharging Tk324 with 30 days' validity. By recharging Tk104, customers can enjoy 170 voice minutes with seven days' validity. The life insurance amount for both packs is Tk1 lakh.
The validity of life insurance for Tk324 is six months and one month for Tk104. The age limit of the customer for insurance coverage is between 18 to 60 years.
Read: Robi partners with SKS to help Covid-hit low-income people
In case of the death of the registered customer, a nominated person will be able to claim the insurance. The nominee will have to call 28477 to settle the insurance claim, according to a press release.
Tajdin new Daraz CMO
Online marketplace Daraz has recently appointed Md Tajdin Hassan as its chief marketing officer (CMO).
Tajdin will be responsible for managing and overseeing all the marketing-related issues of Daraz Bangladesh.
Read: Daraz ropes in Hasinul as chief corporate affairs officer
Before joining the e-commerce platform, he worked as chief strategy and digital transformation officer at The Daily Star.
Tajdin brings with him fourteen years of experience and a successful track record in marketing.
Read: Realme partners with Daraz to develop online channel, sales
"With new opportunities, comes better challenges and more scope for growth. I am very excited about embracing the role of CMO at Daraz Bangladesh," he said.
Daraz Managing Director Syed Mostahidal Hoq said, "Md Tajdin Hassan is undoubtedly an excellent match for the position and a very strong asset to the marketing department of Daraz."
Read Upay holds 1st AGM
Pran-RFL distributes food among 11,000 low-income families
Pran-RFL Group distributed food items to the low-income people, who have been hit hard by the lockdown put in place to curb the spread of Covid-19.
The group distributed food items, including rice, dal, vermicelli (semai), oil, noodle and UHT milk, among 11,000 families in various parts of Dhaka city and Gazipur, Narsingdi, Rajshahi, Natore and Jhenaidah districts from July 23-30.
READ: Pran Drinking Water gives food to the needy in Ramadan
"We are extending our support to the low-income working people of various professions as part of our corporate social responsibility," Pran-RFL Marketing Director Kamruzzaman Kamal said.
Islami Bank holds board of directors' meeting
A meeting of the board of directors of Islami Bank Bangladesh was held Saturday on a virtual platform.
Professor Md Nazmul Hassan, chairman of the bank, presided over the meeting.
READ: IBBL Rangpur holds business development conference
Md Shahabuddin, vice-chairmen of the board of directors, Dr Areef Suleman, foreign director and representative of Islamic Development Bank, joined the meeting.
Mohammed Monirul Moula, managing director and CEO of Islami Bank, and JQM Habibullah, deputy managing director and company secretary, also attended the meeting.
READ: IBBL Dhaka Central holds business development conference
The meeting approved the second quarter unaudited financial statements of Islami Bank. It also discussed the business performance of the bank and took some key policy decisions.
Investment Guide: How Bangladeshi Youths Can Invest money and Create Wealth?
Most young people in first-world countries want to do something new. It is normal to be an entrepreneur there. But most of the young people in Bangladesh want to get a job. Not everyone thinks of themselves as entrepreneurs.
This is due to some conventional social ideas, and some lack of enthusiasm of the youth. Traditionally we think Jobs are better than business, respectable. And if you do business, you have to run after investments. That's why we have to declare to be an entrepreneur. However, this does not mean that it is bad to have a job. Some will work, some will be entrepreneurs. There is no conflict between the two.
Read How to Restart Your Career after a Break?
We do not try to understand that the entrepreneurs will lead Bangladesh. But you have to have the vision to be an entrepreneur. A dream, concentrated pursuit, and passion are needed. Moreover, you must have to be stubborn. And we especially need the knowledge-based thinking of today's age. So, how can you invest to create wealth at a young age? Read on to know the ways.
Why should the youths think about Wealth Creation?
About 22 lakh youths enter the job market in the country every year. Even after being sent abroad, with government-private jobs and being involved in various informal activities, about 1 million boys and girls cannot afford a decent job for themselves every year. Needless to say, if even 10 percent of these 22-lakh youth can be turned into entrepreneurs, then they will be able to provide employment to the rest.
According to a World Economic Forum report, the invention of new technologies has created more new jobs in the market. That will still be the case. But the preparation for that must be revolutionary!
Read What makes a Great Manager: Know the Qualities and Skills
Apart from studying, you should also focus on problem-solving, core skills, public management skills, and communication. All these together will help a student to become an entrepreneur, at the same time make themselves ready for the job market too.
Nevertheless, Bangladeshi jobs are saturated, and getting a job is becoming harder day by day. Moreover, getting qualified candidates is even harder. So, the youth should think of alternative ways to build their career and focus on wealth creation from a young age. This is because the Bangladeshi economy is growing. As per the recent report by HSBC Global, “Bangladesh is likely to be the biggest mover in the global gross domestic product rankings in 2030, becoming the 26th largest economy in the world from 42nd now.”
Furthermore, the per capita income was also raised. Despite these favorable conditions, people are still wary of investing. The young generation should focus more on building their empire using all the favorable economic conditions. Because wealth cannot be built overnight. Therefore, starting from a young age is the prime time. It is because an early start gives the opportunity to have more time, and eventually, time leads to building wealth.
Read Traits of the Smartest and Most Efficient Employees
Furthermore, at a young age, people tend to take more risks and the risk tolerance level is also high. At a young age, you can cope up with a failure and can start over again. On the other hand, it is not possible in the older age or even in middle age.
As you get older, you will have more financial responsibilities on your shoulders. Besides, with the growing responsibilities, your risk-taking character diminishes. But these things don’t matter if you are young. At a young age, you can start with a small investment. Over the period, the small investment will generate substantial wealth if you act right.
Thinking about Investing
You might not have enough money to invest or you might have some savings to invest. In both cases, a proper plan can get you the gem. Furthermore, a mindset is also an important element before investing. It can increase your earnings. However, if you spend your earnings without a plan, you will find difficulties keeping track.
If you want to be rich and successful in life, you don't just have to spend wisely. You will also need to work hard. What else you might need?
Let’s find them out.
It is very important that you have a deep attachment to the work you are doing. You have to have a love for your work, you have to enjoy your work as well as work hard.
Read Saving vs. Investing Money: Know the Pros and Cons
There are always different types of people around you, many of whom are people who have no purpose in life. It is better to stay away from people of this nature. Stay In touch with those who set their own goals, those who are constantly working to reach success. You will also have the desire to achieve success. This is one of the best ways to achieve success quickly.
However, you can also find an investor if you have a profitable business plan. In this case, just as you have to have a clear idea about your business model, the general issues like income expenditure, profit-loss should be at your fingertips. Usually, investors try to find out the real situation by asking questions about various aspects of the business. Business capital can be matched if you can satisfy the investor with the requirements.
When you think about investing in anything, keep in mind that investments come with risk too. In fact, you should be prepared for the loss too.
Read Renowned online payment gateways in Bangladesh for domestic, international transactions
Upay holds 1st AGM
The first annual general meeting (AGM) of mobile financial services (MFS) provider upay was held Thursday.
Upay is the MFS brand of UCB Fintech, a subsidiary of United Commercial Bank.
Read: Upay, Falcon sign agreement on salary disbursement
Anisuzzaman Chowdhury, chairman of the board of directors of UCB Fintech, chaired the AGM.
Members of the board of directors Mohammed Shawkat Jamil, Bashir Ahmed, ATM Tahmiduzzaman; Independent Director Ashraf Bin Taj, and Managing Director of UCB Fintech Sydul H Khandaker and senior officials of upay were also present at the AGM.
Read: upay, Guardian Life Insurance sign agreement
UCB Fintech was established on July 30, 2020, as a subsidiary of United Commercial Bank to provide mobile financial services to everyone.
The company launched its commercial operation on March 17, 2021.