Corporate
bKash, Pubali Bank Launch Two-Way Transaction Service for Seamless Fund Transfers
bKash, a leading mobile financial service provider, has introduced an integrated transaction service in collaboration with Pubali Bank PLC, the largest private commercial bank in the country. The initiative facilitates effortless two-way fund transfers for customers, enhancing their financial convenience.
Customers of Pubali Bank can now easily ‘Add Money’ through the bKash app to their accounts instantly without incurring any charges. Additionally, they can transfer funds to their Pubali Bank accounts and other accounts using the ‘bKash to bank’ feature.
To access this integrated service, customers need to select the ‘Add Money’ or ‘bKash to bank’ icon on the bKash app’s home screen and locate the ‘Bank Account’ option. By tapping on ‘The Pubali Bank PLC’ icon, they can establish a link between their bKash and Pubali Bank accounts by providing essential information.
It is crucial to note that the registered mobile number for both accounts must be the same when setting up the link for ‘Add Money’ or ‘bKash to bank’ transactions. Once the link is established, funds can be effortlessly transferred from a Pubali Bank account to a bKash account using the ‘Add Money’ service on the bKash app.
Moreover, customers can deposit money, pay DPS, and settle loan installments through the ‘bKash to bank’ service, eliminating the need to visit a physical bank branch. SMS notifications will be sent to customers after each successful transaction, and transaction limits set by Bangladesh Bank will be applicable.
Presently, Pubali Bank, with 504 branches, 190 sub-branches, and 19 Islamic banking windows, serves over 6.9 million customers. Its integration into bKash’s extensive Add Money network enables fund transfers from the accounts of 45 top commercial banks in the country to 75 million bKash accounts.
bKash also offers instant ‘bKash to bank’ services to 16 banks, providing customers with a wide range of financial services, including Send Money, Mobile Recharge, utility bill payments, merchant transactions, donations, school-college fee payments, e-ticketing, and various online registration fee payments. The two-way transaction service empowers customers and offers greater flexibility in their financial transactions.
Ningbo Cixing Co., Ltd. (“Cixing”), a global leader in knitting machinery and technology, successfully hosted the ‘Cixing Bangladesh Night Products Promotion Meeting’ at the Radisson Blu Dhaka Water Garden on Tuesday.
The event brought together key industry stakeholders, including the owners and executives of over 300 influential sweater production companies in Bangladesh. BGMEA Fashion Technology University (BUFT), a well-known fashion school in Bangladesh, also participated in jointly exploring cooperation with high-end talent in the knitting industry.
In a significant move towards developing future talent, Cixing also signed a series of cooperation agreements with famous local companies, including BSKL and Cixing, Knit Asia and Cixing, Bettex and Cixing, NEXUS and Cixing, TWELVETEX and Cixing, and SWEATERTECH and Cixing, which marks a new chapter in the cooperative relationship.
A captivating grand fashion show to release the latest work of the Cixing sweater design team, showcasing Cixing’s products, technology, and unique industrial advantages, underlining its potential to revolutionize the local industry and establish more profound and long-term partnerships with new and old customers.
Frank Sun, Chairman of Ningbo Cixing Group, delivered a speech, saying that as the world’s leading provider of intelligent knitting equipment and digital knitting factory solutions, Cixing Group has been committed to promoting innovation and development in the knitting industry.
“We attach great importance to research and development work, with an average annual R&D investment of over 12 million US dollars in recent years to ensure the company’s sustainable development. Our technology, products, and services have spread all over the world. In 2023, nearly 30,000 units have been sold. Sales in 2024 are expected to be 40,000 units. Up to now, the global market share of Cixing products has risen to almost 30% with about 300,000 units in operation worldwide,” Sun said.
“The chairman stressed that Bangladesh, as a major manufacturing hub for the global clothing industry, has always been our focus of attention,” said Sun, adding that “We believe that through our joint efforts, we can bring revolutionary changes to Bangladesh’s textile industry, enhance industrial competitiveness, create more job opportunities, and contribute to Bangladesh’s economic development.”
Cixing’s efforts underscore a shared vision for innovation and excellence in knitwear production, marking a new chapter of cooperation and development for Bangladesh’s textile industry.
DHAKA, Nov 07, 2024 (BSS) – Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) has elected a 16-member Board of Directors for the term 2024-2026 with Tareq Rafi Bhuiyan (Jun) as its President.
The election was held on October 27 and November 6, said a press release today.
Tareq Rafi Bhuiyan (Jun) has been elected as the President of JBCCI. He is the Managing Director of New Vision Solutions Limited. He has been the Secretary General of JBCCI for three consecutive terms.
Maria Howlader FCA has been elected as the first female Secretary General of JBCCI. She has also been re-elected as a Board Member for two consecutive terms.
Kenji Kimura has been elected as the Treasurer of JBCCI. He is the Chief Representative of MUFG Bank Dhaka Office, which is the largest Bank in Japan and a member of Mitsubishi Group.
Out of a group of 313 members, including 71 Japanese member companies, the voting process saw a notable turnout of 61.98 percent.
Afsana Zarin has consistently demonstrated her strategic vision and dedication, developing and empowering women entrepreneurs through technology, leaving a lasting impact on the industry.
Recently, she was recognized for her efforts at the Junior Chamber International (JCI) Bangladesh Award in the Women in Innovation with Inclusion category. The award ceremony took place at Hotel Le Meridien in Dhaka on Friday, October 25, 2024.
The prestigious event was graced by notable guests, including Dr. Iftekharuzzaman, Head of Anti-Corruption Reform Commission and Executive Director of Transparency International Bangladesh, who attended as the Chief Guest. Md Mukhlesur Rahman Sarker, Additional Secretary, Ministry of Women & Children Affairs, attended as the Special Guest, and Rasheda K Chowdhury, Executive Director (CEO) of CAMPE, delivered the keynote speech.
“I am humbled and thrilled to be recognized as a woman of inspiration. Being able to work for women entrepreneurs in Bangladesh is a privilege. Thanks to ShopUp for allowing me to work with thousands of entrepreneurs across Bangladesh. This award inspired me even more towards this north star, and I plan to drive more inclusion through technology in Bangladesh in the coming years,” Afsana said.
Afsana extended her gratitude to the board members of JCI Bangladesh, Imran Kadir, the 2024 National President of JCI Bangladesh, Fahim Ahmed, the event director and the event organizers for selecting her for this honor.
JCI Bangladesh is a nonprofit global organisation that empowers and encourages the youth of the nation to take an active part in helping fellow entrepreneurs and professionals of their own communities to thrive and be successful.
The ceremony, which celebrated the achievements of women leaders in various fields, highlighted Afsana’s contributions to driving women’s economic empowerment through innovative programs and technology.
Her work has set an example for aspiring entrepreneurs, and her commitment to fostering inclusion through technology and creating opportunities for women continues to inspire many in Bangladesh.
