Business
A group has long been unhappy with Nagad's success: Jabbar
Posts and Telecommunications Minister Mustafa Jabbar has said a vested group has always been disgruntled with the Bangladesh Post Office's mobile financial services provider (MFS) Nagad's success.
It should be clarified that the Post Office will incur no loss due to Nagad, the minister added.
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"Please do not be misled by misinformation or rumours. Nagad's every move conforms to all of the country's laws and norms. There is no room for inconsistency," Jabbar said.
"With Nagad, crores of marginalised people in the country were able to enter the mainstream economy," he added.
"Low-income individuals – including children, women, the elderlies, and widows – are now receiving government allowances through Nagad, with 100 percent transparency, while staying at home."
Bangladesh: HSBC recognised as market leader in corporate banking, ESG, CSR
The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has recently been named as the market leader in highest number of (three) categories in Bangladesh for corporate banking, environmental, social and governance (ESG) and corporate social responsibility (CSR) in a survey done by Euromoney.
This survey is an independent assessment conducted by Euromoney, a leading global financial publication. It evaluates the work done by financial service providers across key banking categories and markets, HSBC Bangladesh said on Sunday.
HSBC Bangladesh said it is proud to be recognised in three different categories for the quality services that the bank has been providing during its long 25 years of service in Bangladesh.
The recognition is an acknowledgement of the strengths of HSBC Bangladesh driven by client-centric approaches all the way through its banking offerings, it said.
Md Mahbub ur Rahman, CEO of HSBC Bangladesh said, “Winning the ’Market Leader’ award and getting recognised by Euromoney inspired us more to serve our customers, society, and environment even better. Three recognitions in the same year- is a testament of the confidence our customers have bestowed on us as to our superior capability and service standards. We are humbled and committed to uphold our excellent performances in the days to come. “
Read: HSBC Bangladesh launches instant payments collection solution for customers
Kevin Green, Country Head of Wholesale Banking, HSBC Bangladesh said this is tremendous recognition for the services they are providing to their clients, the community and the environment.
“These prestigious awards were earned as a result of several notable industry-first transactions we have executed in the last year, reflecting our international footprint and expertise, digital propositions and thought leadership to support our clients in their transition to ’net zero‘. These awards will inspire us to continue the great work in the future,” Kevin Green said.
IBBL Rangpur holds Shariah compliance webinar
Islami Bank Bangladesh Limited (IBBL) Rangpur organised the webinar "Compliance of Shari'ah in Banking Operations" Saturday.
Mohammed Nasir Uddin, director of the bank, spoke at the webinar as chief guest.
Muhammad Qaisar Ali, additional managing director, addressed the programme as a special guest.
Read: IBBL board of directors' meeting held
Hasan Moinuddin, a member of the Shariah supervisory committee of the bank, was the key speaker at the webinar.
Md Shamsuddoha, head of the Shariah secretariat, also spoke.
IBBL is a joint venture public limited company engaged in commercial banking business based on Islamic Shariah. It is listed on the Dhaka Stock Exchange and Chittagong Stock Exchange.
GP brings Asia Cup cricket matches live on MyGP
Grameenphone (GP) has brought Asia Cup cricket matches through MyGP with the users’ mobile balance.
“MyGP” a digital lifestyle solutions on-the-go, aspires to become digital home of cricket for its users, said a press release on Saturday.
This service will enable GP users to experience cricket fever through Rabbithole subscription using mobile balance.
Read Asia Cup 2022: Live streaming TV channels, online platforms to watch from Bangladesh
A few simple steps will take MyGP users to the cricket frenzy through the sports section on MyGP platform and get the subscription from Rabbithole with their mobile balance.
That’s not all – Grameenphone is offering a special discount on the Rabbithole subscription fee for cricket lovers as well.
To watch the Asia Cup 2022 Cricket matches live on MyGP app, the GP users can avail of the daily pack, monthly or half-yearly pack for Tk 20, 89 (existing price 99), or 449 (existing price 499) only, respectively.
Read: Grameenphone turns to work from home for Thursdays
RFL launches three kitchen sinks
RFL Group has launched three new models of kitchen sink named Popular, Premium and Luxury.
Md Moniruzzaman, Director at Rangpur Metal Industries Ltd (RMIL), a sister concern of RFL, has launched the products through a programme held at the head office of RFL in the capital’s Badda on Saturday.
The new products are made of high quality stainless steel. Whisper technology has been used in these kitchen sink for the first time in Bangladesh so that there should be no noise during use, said a media release.
Read: RFL holds dealers' conference in UAE
The prices of products are between Tk 1,400 and Tk 4,200 and these sinks are available all over the country through authorized dealers, RFL exclusive point and Best Buy.
In addition, the products can be ordered through the popular e-commerce sitewww.othoba.com and rfleshop.com, it added.
“RFL kitchen sink has received a good response from the customers due to the quality of the products and designs. We always try to produce new products in our factory considering the customer’s demand. I hope, the consumers will get their desired products at reasonable price,” said Moniruzzaman.
Read RFL brings new cooker hood
Bangladesh a preferred choice of global apparel buyers for world-class safety, sustainability: BGMEA
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Vice President Shahidullah Azim on Saturday said the world-class workplace safety along with remarkable achievements of the RMG industry in the area of sustainability made Bangladesh a preferred choice of global buyers for sourcing garments.
“With unprecedented initiatives involving the government, ILO, brands, buyers, and efforts and invest by entrepreneurs, the RMG industry of Bangladesh has made exemplary achievements in ensuring workplace safety in the RMG industry covering fire, electrical and structural integrity in a transparent manner, earning global praise and recognition,” he said.
The BGMEA Vice President said this while speaking as a special guest at the launching ceremony of the 8th International Fire and Safety and Security Expo 2022 organized by the Electronic Safety and Security Association of Bangladesh (ESSAB) in the city.
Also read: BGMEA wants industry-academia collaboration to tackle future challenges
Director General of Fire Service and Civil Defence Brigadier General Md. Main Uddin attended the programme as the chief guest.
Vice President of FBCCI Md. Amin Helaly was also present at the program which was chaired by President of ESSAB Zahir Uddin Babar.
Shahidullah Azim said the apparel industry has gone through extraordinary challenges and successfully overcome them, even bounce back even stronger every time.
“Alongside workplace safety, Bangladesh has the highest number of green garment factories with 167 factories LEED certified by the US Green Building Council (USGBC). While we are proud of our outstanding achievements in the area of workplace safety and environmental sustainability, we are also committed to making efforts to sustain the accomplishments,” he said.
Also read: RMG export growth to be affected by fuel price hike: BGMEA President
Shahidullah Azim laid emphasis on the production of safety equipment in Bangladesh maintaining international standards.
He thanked ESSAB for consistently organizing the international Fire Safety and Security Expo as it brings safety equipment suppliers, professionals and users under one roof for fruitful interactions.
It plays a significant role in showcasing the latest fire safety equipment and knowledge to the industries, thus raising awareness among the industries, he further said.
The 8th Fire Safety and Security Expo will be held from November 24 to 26 at Bangabandhu International Convention Center (BICC) where world-famous safety equipment brands will participate.
Samsung offers discounts on TV purchase
Samsung Consumers Electronics has launched a new campaign titled “Big TV Days”.
The campaign is enabling customers to enjoy lucrative discounts on selected models of Samsung’s A series televisions, said a media release on Thursday.
The discount offers include models – 43-inch 43AU7700 at Tk 54,900 (original price Tk 59,900); 50-inch 50AU7700 at Tk 72,900 (original price Tk 79,900); 55-inch 55AU7700 at Tk 89,900 (original price Tk 99,900); 65-inch 65AU7700 at Tk 116,900 (original price Tk 134,900); 55-inch 55Q60A at Tk 125,000 (original price Tk 144,900); 75-inch 75AU8000 at Tk 242,000 (original price Tk 264,900); and 85AU80000 at Tk 375,000 (original price Tk 399,900).
Read: Samsung Galaxy M13 5G Review: The Budget Samsung for 2022
On top of the huge discounts, customers can also avail of the exchange offer worth up to Tk 5,000.
Samsung Consumers Electronics Director and Head of Business Shahriar Bin Lutfor said, “At Samsung, we have recognised the rising demand for bigger screen TVs. Customers now prefer superior quality in-home entertainment solutions; hence, they want to avail bigger TVs, offering a cinematic viewing experience right at home. To meet such transforming demands, we have brought the Big TV Days campaign to offer our customers the best-in-class. The message is simple- the bigger the screen higher is the deal.”
The “Big TV Days” discount offers can be availed at official Samsung Consumer Electronic outlets, it added.
Read Walton TV gets good response in Romania
BBS thanks Walton for providing tabs
Bangladesh Bureau of Statistics (BBS) thanked Walton for providing all-out support in the successful completion of the country's first digital population and housing census by providing timely tab delivery and other necessary services.
In this first digital census project, which was conducted across the country from June 15 to 21 of this year, Bangladeshi technology products manufacturer 'Walton Digi-Tech Industries Limited provided Tab (Tablet PC), said a media release.
Recently, BBS sent a thanks letter to Walton Digi-Tech's Managing Director SM Monjurul Alam.
The letter signed by BBS Secretary Shahnaz Arefin said that one of the major components of implementing the digital census was to ensure timely delivery of tablet PCs, reaching the field level, after-sales service and quick technical support during the census.
Walton performed that duty very actively and effectively. Walton Digi-Tech Industries Limited deserves appreciation for being actively involved in this country's largest statistical event. Walton's contribution to the successful implementation of the country's first digital census is gratefully remembered by the Department of Statistics and Information Management and the Bangladesh Bureau of Statistics.
Read: Walton brings 3-in-1 converter AC with Bluetooth, air plasma technology
In the letter of thanks to Walton, BBS hoped that this census, the largest source of the country's real socio-economic and demographic data, will play a significant role in formulating, evaluating and monitoring any evidence-based development projects such as Delta Plan 2100, Vision 2041, Eighth Five Year Plan, Sustainable Development Goals (SDGs) etc.
Mentionable, Walton supplied a total of 3.95 lakh pieces of tab and 72 pieces of air conditioners in the 'Census and House Census 2022' project.
Daraz Bangladesh celebrates its 8th anniversary
Online marketplace Daraz Bangladesh is celebrating its 8th anniversary with a special anniversary campaign.
The campaign with the slogan “8 years of Unbound Joy Thank You, Bangladesh!” was inaugurated through a press conference on Thursday at a hotel in the capital. The campaign will continue from September 4 to 11.
To make the anniversary memorable for the shoppers, Daraz has brought a wide array of exciting tractions such as brand-free shipping, mystery box, flash sales, hot deals, and mega deals.
Besides, the campaign comprises massive discount offers of up to BDT 15,000, gamification giveaways, vouchers, payment offers, new user gifts, flash puzzle challenges, exclusive launches, and exceptional EMI facilities.
In 2014, Daraz began its journey with just five employees and a website.
Also read: Daraz 12:12 campaign: 'Realme becomes top-selling smartphone brand'
After eight years the company has transformed into a leading e-commerce platform as it shares its success with over 7 million customers, 41,000 sellers, and numerous partners and stakeholders, said the speakers at the press conference.
Bjarke Mikkelsen, Founder & CEO of Daraz Group, was present as the chief guest at the press conference.
He said, “Bangladesh has the potential to be the biggest and most important market for Daraz Group, and our shareholders are interested in investing BDT 1 thousand crore over the next 3-4 years for building e-commerce infrastructure and ecosystem in the country.”
On behalf of Daraz, Zornica Zafirova, Group COO, Syed Mostahidal Hoq, Managing Director; Md. Tajdin Hassan, Chief Marketing Officer; Tasfin Alam Khondoker, Chief Operating Officer; A.H.M Hasinul Quddus Rusho, Chief Corporate Affairs Officer; Shabbir Hossain, Chief Commercial Officer and Md. Riyad Hossain, Chief Human Resource Officer, were also present at the event along with other high officials.
Also read: Daraz 12.12 campaign: Realme announces up to 12% discount
Syed Mostahidal Hoq, Managing Director, Daraz Bangladesh, said, “With over 50 thousand seller partners, I believe that we have expanded the horizon for e-commerce ventures across the country and enabled businesses with the facilities required to maintain operations amid transforming consumer behaviors in transforming society. The acquisition by Alibaba played a major role behind this strength of ours.”
Md. Tajdin Hassan, Chief Marketing Officer of Daraz Bangladesh, said, “Currently, the e-commerce sector in Bangladesh comprises only 1-2 percent share of the country’s retail sales. In a country with an increasing internet penetration rate, we certainly have a long way to go.”
NBL holds 39th AGM
The 39th annual general meeting (AGM) of National Bank Limited (NBL) was held online Thursday (August 25, 2022).
The meeting approved the audited financial report of NBL for the year 2021.
Ahead of the AGM, the NBL held an online vote for its shareholders Wednesday to elect new directors in compliance with regulations of the Bangladesh Bank and Bangladesh Securities and Exchange Commission (BSEC), according to a media statement.
Read: BB revises cluster credit guidelines to boost small enterprises
Around 64 percent of shareholders cast their votes in the election. Ron Hoque Sikder was re-elected as director by securing 87.85 percent votes.
Before the election, Moazzem Hossain, Mabrur Hossain and Ron Haque Sikder resigned from their directorship at NBL and ran for re-election.
Read NBL to lower interest rate of poverty alleviation loan scheme