DBL Lifestyles to Introduce Adidas Outlet in Dhaka

Walton Digi-Tech Industries Limited, a subsidiary of the Walton Group, has introduced the ‘arc’ Solar Hybrid IPS, which provides an environmentally friendly, renewable, and affordable power supply. This system harnesses both solar energy and the national grid through a smart inverter, ensuring uninterrupted power backup while reducing electricity costs by up to 20%.The ‘arc’ Solar Hybrid IPS is available in five models ranging from 1,200 watts to 5,500 watts, as well as inverter and battery packages.

Foodi has been honored with the Best Retail Startup (Honorable Mention) award at the Bangladesh Retail Awards 2024, organized by the Bangladesh Brand Forum on the night of October 5 at La Meridien in the capital. Within just a few months, Foodi has achieved over 450,000 downloads and is connected with more than 4,000 restaurants.

Mutual Trust Bank PLC (MTB) has been awarded the 'Best Performance in Profitability' Award for 2024 by the Indian Chamber of Commerce, following a record-breaking year in 2023. MTB's operating profit exceeded Tk 8.0 billion, with a net profit nearing Tk 3.0 billion, reflecting a five-year compound annual growth rate (CAGR) of 16%, double the industry average.

Premier Bank Limited has launched the 'Premier Bank Green PIN' service to enhance its digital offerings and support green banking initiatives. This service enables customers to instantly activate debit, credit, or pre-paid cards or generate new PINs through the bank’s website or mobile banking app, Pmoney.

Apex Footwear reported a profit of Tk 17.63 crore for the fiscal year ending June 30, 2024, marking a 5.56% increase from Tk 16.7 crore in the previous year. This is the company's highest profit in nine years. Apex's board has proposed a 35% cash dividend and a 10% stock dividend to enhance capital adequacy.

United Commercial Bank (UCB) PLC has signed a memorandum of understanding (MoU) with Buet Graduates Club Limited to introduce a co-branded credit card specifically for alumni of the Bangladesh University of Engineering and Technology (Buet). The co-branded credit card aims to provide club members with enhanced convenience in financial transactions and access to the full range of benefits offered by the bank’s credit card services.