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bKash generates Tk70cr profit in March quarter

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bKash

The country’s leading mobile financial service (MFS) provider bKash has generated Tk70 crore in profit in the first quarter, marking 95% year-on-year growth.

The steady increase in profits can be attributed to the fintech company’s strategic expansion of services, enhanced user experience, and a growing customer base, according to its officials.

They added that it has successfully leveraged technological innovations to streamline operations and offer a diverse range of financial products, from mobile payments to micro-savings and loans.

Moinuddin Mohammed Rahgir, chief financial officer (CFO) of bKash, told the news reporter, “During the early stages, customer-centric fintech companies like bKash with a sustainable business model needed patient capital and a growth mindset. It was a prerequisite to invest in the expansion of technological capabilities, infrastructure, digital literacy, and awareness.”

“bKash remains a textbook example of a company pursuing growth, including the expansion of its service platform, customer acquisition, and maintaining its agent network. Now, steady returns on those investments are bringing revenue growth,” he added.

In the January-March quarter of 2024, the company’s operating profit also jumped over 500% to reach Tk76.22 crore. Besides, its revenue grew by 24%, reaching Tk1,214 crore, compared to the equivalent period of last year.

Meanwhile, the robust growth in profit helped bKash – also a subsidiary of BRAC Bank – offset the accumulated loss after four years, posting Tk15.78 crore as retained earnings in the March quarter.

The financial service provider had been profitable until 2018 since its inception in 2011, but it suffered significant losses between 2019 and 2021.

BRAC Bank holds 51% shares of bKash, while Money in Motion LLC of the US owns 16.45%, Alipay Singapore E-Commerce 14.87%, International Finance Corporation 10.36%, and SVF II BEAM (DE) LLC 7.32% shares.

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International Lei Feng Spirit Promotion Team from Sanming University Visits Liedong Middle School for Cultural Exchange

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In a vibrant display of cross-cultural friendship and shared values, the International Lei Feng Spirit Promotion Team from Sanming University was invited to Liedong Middle School in Sanming City on the afternoon of March 25. The visit coincided with the launch ceremony for the third season of The Glow Project: Youth in Community Service and the presentation of the fourth phase results for the “7+1” Diverse Ethnic Fusion Second Classroom.

Foreign teachers and international students joined local middle school students in a lively gathering that interpreted Lei Feng’s spirit through a global lens while fostering dialogue on Chinese and international cultures. The event created a harmonious melody of youth-driven kindness and cultural integration.

This event successfully integrated the promotion of Lei Feng’s spirit with an international perspective, breathing new life into the spirit through cross-cultural exchange. By leveraging the platforms of The Glow Project: Youth in Community Service and the “7+1” Diverse Ethnic Fusion Second Classroom, it further strengthened inter-school cooperation between Sanming University and Liedong Middle School. The activity also deepened mutual understanding and friendship among Chinese and foreign youth, as well as among young people from different ethnic backgrounds.

Mohammad Saiyedul Islam, a Bangladeshi foreign teacher and head of the International Lei Feng Spirit Promotion Team at Sanming University, led the team’s participation throughout the activity. He delivered an inspiring speech titled “Small Actions, Big Impact: How Can We Be Like Lei Feng — A Global Perspective?” Drawing on personal experiences and real-life examples, He illustrated the enduring vitality of Lei Feng’s spirit on modern campuses and in international exchanges. He also emphasised the core values of selfless dedication and willingness to help others, noting that Lei Feng’s spirit is not only a treasure of Chinese culture but also a universally admired quality cherished by humanity. The speech resonated deeply with teachers and students in attendance.

International students from Sanming University also stepped forward enthusiastically to share stories about their home countries’ unique cultures, customs, and traditions. They engaged in warm interactions with Liedong Middle School students, who in turn shared insights about China’s excellent traditional culture and the distinctive cultures of various ethnic groups. The atmosphere was lively and harmonious, successfully building a bridge for Sino-foreign cultural communication and multi-ethnic cultural integration.

Participants expressed their commitment to using this exchange as an opportunity to carry forward Lei Feng’s spirit. They pledged to spread warmth through small acts of kindness, serve as ambassadors of cultural exchange, and let their youth shine brightly through dedication and cultural blending.

The event highlighted how Lei Feng’s legacy of helping others continues to inspire young people across borders and cultures, contributing to a shared sense of national and global harmony.

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Wikimedia Bangladesh Announces New Executive Committee

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The new Executive Committee of Wikimedia Bangladesh, the officially recognized local chapter of the Wikimedia Foundation, has been elected for the 2026–27 term. A 9-member Executive Committee was formed through a vote by members during the organization’s Annual General Meeting on January 17. Subsequently, the new leadership of the organization was determined during the committee’s first meeting on February 8.

In this committee, Tanvir Rahman has been elected as President, Md. Delwar Hossain as Secretary, and Shakil Hosen as Treasurer. The other members of the Executive Committee are Moheen Reeyad, Shabab Mustafa, Subrata Roy, Dolon Prova, Mayeenul Islam, and Tanbin Islam Siyam.

Founded by Wikipedians in Bangladesh, this organization was recognized as the 39th chapter of the Wikimedia Foundation on October 3, 2011. Later, on June 9, 2014, it was registered as a non-profit foundation in Bangladesh under the Societies Registration Act.

Wikimedia Bangladesh believes in the vision of a world where every human being can share in the sum of all human knowledge. Considering the right to education and knowledge as a human right, this organization works toward the creation, collection, and dissemination of open knowledge at all levels of society. Although the content of Wikipedia and other Wiki projects is created by volunteers, the organization’s goal is to encourage this unique community in digital volunteering and support them in achieving their objectives.

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JCI Dhaka West Unveils New Leadership Team for 2026

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Junior Chamber International (JCI) Dhaka West has announced its new New Leadership Team for the year 2026, with Subah Afrin elected as Local President and Md Tanvir Hasan as Secretary General.

The executive committee was formed during the General Assembly of JCI Dhaka West, held on Tuesday (December 23) in Gulshan, Dhaka.

The newly announced board includes Sujaur Rahman Emon as Immediate Past Local President, Md Saddam Hossain and Audrika Eshna Purbasha as Executive Vice Presidents, Md Sameen Rahman as Vice President, Masud as Treasurer, and Ibrahim Khalil Foysal as General Legal Counsel.

Other office bearers include Ahmed Wazedul Haque Khan as Training Commissioner, Asia Binta Amanat Sumi as PR and Media Chairperson, Jobayer Ahmed Sakib as Digital Committee Chairperson, Md Tanvir Hossain as International Affairs Chairperson. The committee also includes Directors Abdur Rahman Khan Bappy, Tanvir Sohan, Yasir Shahriar and Ahnaf Ahmed. Committee Chairs appointed for 2026 are Sheikh Mahmuda Sultana Sara, Minhatul Jannat, Rayan Islam Sardar and S M Shafiul Alam Sakib.

The election process was conducted under the supervision of SM Belal Uddin, National Vice President of JCI Bangladesh and 2024 Local President of JCI Dhaka West, who served as the Election Commissioner.

The event was attended by Arefeen Raafi Ahmed, newly elected 2026 National President of JCI Bangladesh, Kazi Fahad 2025 National President, along with members of the National Board and several Local Presidents from different chapters.

JCI is a global organization of young active citizens aged 18 to 40, headquartered in St. Louis, Missouri, USA. Operating in more than 120 countries with over 200,000 members worldwide, JCI focuses on developing leadership, skills and civic responsibility among young people. In Bangladesh, JCI has over 40 Local Organizations, among which JCI Dhaka West is one of the oldest and largest chapters.

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