Grameenphone Partners with Walton

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.

LankaBangla Finance PLC and STS Capital Ltd, a subsidiary of STS Group, have collaborated with Mastercard to launch a co-branded credit card tailored for employees, teachers, and guardians associated with the STS education network, which includes Universal College Bangladesh (UCB), International School Dhaka, and Glenrich International School. 

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.

BRAC Bank has partnered with MetLife Bangladesh to provide comprehensive life and medical insurance coverage for over 22,000 employees and their dependents. This agreement aims to protect staff against medical expenses, accidents, disabilities, and loss of life. MetLife was chosen as the insurance provider due to its strong track record in claims settlement, customized solutions, and financial strength, which allows for quicker and hassle-free claims processing.

A recent drive test by the Bangladesh Telecommunication Regulatory Commission (BTRC) across Dhaka, Narayanganj, Keraniganj, and Savar revealed poor performance by mobile operators in meeting service quality benchmarks. Conducted with a new €1.5 million system, the test showed Robi failed in 5 of 40 key performance indicators (KPIs), Grameenphone in 6, Banglalink in 14, and Teletalk in 26. Teletalk was the only operator to fail the BTRC's internet service benchmarks. Call drop rates and call setup times often exceeded regulatory limits, particularly in Keraniganj and Savar.