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Grameenphone contributes Tk 30.31 crore to Labour Welfare Fund

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Grameenphone has contributed around Tk 30.31 crore (30 crore 31 lakh 35 thousand and 718 taka) amidst the ongoing global pandemic and economic instability,  to the Bangladesh Labour Welfare Foundation Fund under the Ministry of Labour and Employment for the welfare of the workers. 

A five-member delegation led by Grameenphone’s Chief Human Resources Officer (CHRO) Syed Tanvir Husain handed over the cheque to Begum Monnujan Sufian, Honorable Minister of State for the Ministry of Labour and Employment, in the conference room of the ministry today. 

“The government has formed a foundation fund under the Bangladesh Labor Act for the welfare of working people. This fund provides assistance to the workers of the formal and informal sectors for the treatment of accidental deaths in workplaces, injuries, and incurable diseases, and also for the higher education of meritorious children of the workers. So far in this year, around two thousand workers have been provided assistance worth Tk 6.25 crore from this fund,” said Minister of State for Labour and Employment and the Chairman of Bangladesh Labour Welfare Foundation Begum Monnujan Sufian at the check handover ceremony, adding that the Labour Welfare Foundation will always work for the welfare of the workers. 

On behalf of Grameenphone, Syed Tanvir Husain, Chief Human Resources Officer, said, “Grameenphone being a part of Telenor Group and as a responsible corporate citizen, has been an enabler of digitalization & development over the last 25 years. In this journey, we are equally focused on a future-ready skilled workforce to build a smart Bangladesh and stand by them in their trying times in collaboration with Bangladesh Government. We believe our continued humble efforts with the contribution to Workers Welfare Fund will encourage many others to come forward. We are thankful to the Labour Ministry for best utilizing this fund for the greater interest of our workforce.”

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Around 165 local, foreign and multinational companies, including Grameenphone, have been regularly contributing a certain portion of their dividends to this fund. It was revealed at the cheque handover ceremony that the number of companies submitting dividends is increasing every month. At present, the amount deposited in this fund is around Tk 442 crore. It is mentionable that a certain portion of Grameenphone’s dividend is regularly deposited in the Bangladesh Labour Welfare Foundation. As the highest contributor to the fund, Grameenphone has so far deposited Tk 213,32,20,081 (Taka two hundred thirteen crore thirty-two lakh twenty thousand and eighty one only).  

Secretary of the Ministry of Labour and Employment Md. Ehsane Elahi; Director General of Bangladesh Workers Welfare Foundation Gokul Krishna Ghosh; Inspector General of the Department of Inspection for Factories and Establishment Md. Nasir Uddin Ahmed; Director General of the Department of Labour Khaled Mamun Chowdhury ndc; Head of Industrial Relations & HR Strategy of Grameenphone K M Sabbir Ahmed; Head of Compensation & Benefits of Grameenphone Mohammad Khaled Mridha; Md. Asaduzzaman and Mohammad Tawhidul Islam of Industrial Relations & HR Strategy of Grameenphone were also present among others, at the event. 

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PriyoShop Secures Top 30 Spot in Prestigious StartUp Wheel Competition

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PriyoShop has taken the Bangladesh flag to new heights by securing a Top 30 spot in Startup Wheel 2025, one of Asia’s most competitive startup competitions in Vietnam, competing against 2,144 startups from 28 countries. With this milestone, Bangladesh has established itself as a significant player in the global startup ecosystem through PriyoShop.

This achievement shows that Bangladesh is growing fast in the digital world and becoming a strong player in retail innovation. PriyoShop stood alongside top startups from countries like Taiwan, South Korea, Malaysia, Singapore, Cambodia, and Indonesia. After six months of tough evaluation, PriyoShop was chosen as one of the most promising international innovators sharing our mission, vision, and real stories about Bangladesh’s retail industry with the world.

Asikul Alam Khan, CEO of PriyoShop, expressed his enthusiasm about the recognition: “This is a significant success for the PriyoShop Team. We have impacted millions of retailers by simplifying the supply chain and empowering them with embedded credit. Through us, Bangladesh will always stand high on the global stage. This recognition provides access to create a global footprint and inspires young entrepreneurs to bring innovative ideas and create international standard startups.”

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As PriyoShop advances, the company remains committed to transforming Bangladesh’s retail landscape while inspiring the aspiring entrepreneurs across the region. The journey from local startup to consistent international recognition exemplifies the potential within Bangladesh’s growing retail sector and demonstrates how innovative solutions can have an impact both locally and globally.

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Bajloor Rashid Elected Chairman, Mezanur Rahman Elected Vice Chairman of Progressive Life Insurance

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In a recently held board meeting of Progressive Life Insurance Company Limited, a renowned listed insurance company in the country’s capital market, Bajloor Rashid MBE, was elected as Chairman and Mezanur Rahman as Vice Chairman.
The formal election took place at the 203rd board meeting of the company held on Sunday, 29 June 2025, for the term 2025-2026.

Bajloor Rashid MBE, is a distinguished and successful businessman and social worker. He is also one of the founding shareholders of Progressive Life Insurance Company Limited. In the early 1980s, he established himself as an ambitious young entrepreneur in the growing catering industry. Notably, from 2006 to 2012, he served successfully as the President of the UK-based association of catering restaurant owners.

On the other hand, the newly elected Vice Chairman, Mezanur Rahman, is an established and successful businessman. He is a founding director and former Vice Chairman of Progressive Life Insurance Company Limited. He holds a degree in Architecture from Leeds Metropolitan University, United Kingdom. He is also actively involved with various humanitarian and social organizations.

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Progressive Life Insurance successfully settles claims totaling nearly Tk 40 crore in 2024

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Progressive Life Insurance Company Limited (PLICL) settled down insurance claims of approximately 40 (forty) crore taka in 2024 which has fortified clients’ confidence on the company. Progressive Life Insurance Company Limited entered 25th year on 6 January 2025. PLICL was founded on 6 January in the year 2000. Discussion programs, slicing a cake, offering dua and a colourful rally were organized to mark the company’s founding anniversary on Monday at PLICL corporate office in the capital. 

The rally moved around different parts of Dhaka city and the officials of the company held a gathering in front of PLICL head office on Monday morning at 10:30 am. 

PLICL Chairman (Acting) M Shoeb Chowdhury joined the 25th founding anniversary celebration virtually as the chief guest. M Shoeb Chowdhury said that the top management of Progressive Life Insurance Company Limited has been able to uphold the dream cherished by expatriate Bangladeshis whose contribution led to the establishment of the company. Shoeb Chowdhury laid emphasis on working with unity and solidarity for the company’s further advancement and to generate many more success stories.

PLICL Executive Committee Chairman Mezanur Rahman , Chairman of Audit Committee Dr. Md. Jamil Sharif, PhD, FCMA and former entrepreneur Prodeep Sen also attended the program. The event was presided over by the company’s Chief Executive Officer (CEO) Md. Saidul Amin. The 25th founding anniversary of Progressive Life Insurance Company Limited was celebrated in 32 districts and divisional offices across Bangladesh. Senior officials of the insurance company expressed hope and determination to transform PLICL into a top notch institution in days to come. The speakers at the program stated that Progressive Life Insurance Company Limited appointed 1200 development officers in 2024 and training courses have been initiated to upgrade their skills.

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PLICL Deputy Managing Director (DMD) Mohammad Hossain Shaheed Suhrawardy, Senior DMD Shahjahan Azadi, Company Secretary Abdullah Al Mansur and Senior DMD Jaseem Uddin Prodhan addressed the program among other dignitaries.

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