Business
Infinix launches 3D Vapor Cloud Chamber Liquid Cooling Technology
Infinix Mobile has recently launched its revolutionary 3D Vapor Cloud Chamber (3D VCC) Liquid Cooling Technology to lead the smartphone industry with its brand spirit to empower the lives of today’s youth.
Designers have achieved an increase in the chamber volume using the innovative design on the dimensionality of VC shape for the first time.
Read: Infinix introduces 180W thunder charge technology
This significantly improves heat dissipation resulting in better performance. This creative solution fixes some issues caused by high temperatures for high-integration and high-power smartphones, such as CPU frequency reduction, frame rate drops, and frozen screens. This new technology has been certified by the China National Intellectual Property Administration, said a media release on Thursday.
“Regular smartphone gamers players care about performance, while advanced players emphasize heat dissipation due to its direct impact on performance. As the 5G era poses new challenges to the heat dissipation technique, technology development drives innovations from traditional heat pipes to VC, a leap from line to surface basis, and now further upgrades from a flat surface to a three-dimension basis to form Infinix 3D Vapor Cloud Chamber Liquid Cooling. This technology not only exhibits Infinix’s technical foundation and innovative spirit but also represents a huge step towards technological progress.” said Manfred Hong, Senior Product Director of Infinix.
Read Infinix introduces 180W thunder charge technology
Walton brings interactive display with 4K resolution
Walton has brought another new product interactive display with 4K resolution in the market.
Modeled as WSIB75 and WSIB86, the smart interactive boards are ideal for the use of offices, hospitals, and classrooms as well as for personal computing and entertaining purpose as the multimedia display.
Walton is providing up to Tk 20,000 discount on the pre-book for the two models of interactive displays, the company said in a statement on Thursday.
Read: Walton launches two Prelude laptops
Launched under the CiNEd brand name, the regular prices of the two models of Walton's 75 and 86 inch black colored interactive displays are Tk 307,050 and Tk 362,770 respectively. However, customers who will go pre-book for the devices will get Tk 15,000 and Tk 20,000 discount and the displays will cost only Tk 292,050 and Tk 342,770 respectively.
Touhidur Rahman Rad, chief business officer of Walton computer product, said that the customers can pre-book the interactive displays without any advance payment from Walton E-Plaza (https://cutt.ly/cZf959n) within 5 August 2022 even on cash on delivery option.
According to Walton, 4K UHD LCD IPS display is used on the smart interactive boards with 3840×2160 pixels screen resolutions, 16:9 aspect ratio, and 178° wide viewing angle for which users will get high-quality pictures from critical angles.
Read Walton launches 6 new models of All-in-One PCs
The other remarkable features of the Walton 4K interactive display are MT9950 chipset, 1.8 GHz Cortex A73 quad-core processor, MaliG52 MP2 graphics, 4GB DDR4 RAM, 32GB eMMC Flash ROM, Android 9.0 operating system with Windows through OPS PC Module (optional), 16 point multi-touch, writing, two 15W speakers, 13MP built-in camera, WiFi, Bluetooth, LAN, Mirroring, HDMI, VGA, several USB Type A, and C ports, wall mounting, cable TV through TV card, etc, it added.
BB warns exchange houses against manipulation of dollar price
The Bangladesh Bank on Thursday warned money exchange houses that their licences would be cancelled if they manipulate the price of the US dollar.
The central bank said this in the wake of concerns that the commercial banks and money exchanges are selling the dollar at a much higher rate instead of following the one fixed by it.
The price of the US dollar soared to Tk112 in the kerb market (open market) recently while the Bangladesh Bank is trying to stabilise the exchange rate.
Also read: BB asks banks to cut power use 25 pc, energy 20 pc in a year
Also, the commercial banks are charging Tk105 to Tk108 per dollar, Tk9 to Tk14 higher than the rate fixed by the central bank. The price charged by the banks in a single day increased by Tk7, the highest to date.
Meanwhile, 10 teams of the Bangladesh Bank, along with detectives and law enforcers, have started monitoring and collecting information on dollar transactions at money exchange houses.
The central bank will be strict in preventing volatility in the price of the dollar in the kerb market, Md Serajul Islam, executive director and spokesperson for BB, told the media Thursday.
During inspections, if the central bank's teams find any exchange house guilty of manipulating the price of the dollar, their licence will be cancelled, Serajul added.
Also read: Dollar price jumps to Tk 105 in kerb market, amid BB’s move to stable it
He said after Md Jasim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industries, and nine members of his organisation met with Bangladesh Bank Governor Abdur Rouf Talukder.
Robi suffers loss of Tk12.16 crore during Apr-Jun
"Despite solid revenue growth and a steady rise in subscriber base," telecom operator Robi has reported a loss of Tk12.16 crore in the April-June quarter of this year due to the devaluation of taka against dollar.
The company's loss per share was Tk0.02 in that quarter, while its earnings per share were Tk0.09 at the same time a year ago, according to the unaudited financial statements.
In Q2, the telecom operator's revenue was Tk2,105 crore, but due to changes in forex, it ended up losing Tk12.2 crore.
Had it not been for the forex changes, the telecom operator said its profit after tax (PAT) for the period would have been Tk86.13 crore.
Robi's revenue for the first six months of 2022 stood at Tk4,124 crore and PAT at Tk28 crore.
Were it not for the losses induced by the forex changes, Robi's PAT figure for the first six months would have been Tk131.88 crore, the company said.
Read: Robi unveils new digital brand
Compared to the last quarter, the company’s revenue increased by 4.3 percent. And revenue grew by 3.7 percent compared to the same quarter of 2021.
Voice revenue grew 4.6 percent compared to the last quarter and by 11.8 percent compared to the same quarter of last year.
Data revenue grew by 3.7 percent compared to the last quarter. It dropped by 4.5 percent compared to the same quarter last year.
Robi's subscriber base grew by 0.8 percent compared to last quarter, reaching 5.45 crore 45 at the end of the second quarter. Compared to the same quarter last year, the subscriber base grew by 5.2 percent.
Robi's Acting CEO and CFO, M Riyaaz Rasheed said: "Losing our hard-earned profit to the devaluation of taka against the dollar is very painful. Since we rely on the international market to source telecom equipment, forex volatility is a major concern for us at the moment."
IBBL Chattogram South, Sylhet, Rangpur hold half-yearly business development conference
Chattogram South, Sylhet and Rangpur zones of Islami Bank Bangladesh Limited (IBBL) recently organised a half-yearly business development conference online.
Mohammed Monirul Moula, managing director and chief executive officer of the bank, addressed the programme as the chief guest Tuesday.
IBBL additional managing directors Muhammad Qaisar Ali, Md Omar Faruk Khan; deputy managing directors JQM Habibullah, Md Mostafizur Rahman Siddique, Md Nayer Azam; senior executive vice-presidents Md Siddiqur Rahman, Mohammad Jamal Uddin Mazumder, AFM Kamaluddin, Mohammed Shabbir, Md. Mahboob Alam, Mohammod Ullah, Mizanur Rahman and Md Maksudur Rahman attended the conference.
Executive vice-presidents Abu Sayed Md Idris, Sikder Md Shehabuddin, Md Mizanur Rahman Bhuiyan, Ahmed Zubayerul Huq, Md Barkat Ullah and Miftah Uddin also joined the programme, according to a media statement.
Read: IBBL holds executive development program
Travelport becomes US Bangla Airlines’ first GDS partner for strategic expansion
Travelport, a global technology company for travel bookings for travel suppliers worldwide, has inked a distribution agreement with US Bangla Airlines to enable modern airline retailing and technology innovation that will support the airline’s growth plans.Travelport is the first Global Distribution System (GDS) partner of US Bangla Airlines, and as part of the agreement, will provide agency customers access to the airline’s New Distribution Capability (NDC) content via Travelport+, Travelport’s next-generation travel retailing platform.Mohammed Abdullah Al Mamun, Managing Director of US Bangla Airlines said,” We have been extremely impressed with the collaborative spirit and flexibility demonstrated by Travelport. We are confident Travelport+ will provide US Bangla Airlines and agencies the highest quality air content retailing experience.”
Also read: US Bangla launches Dhaka-Male-Dhaka direct flightsAs market recovery in Bangladesh is reaching pre-pandemic levels, this new relationship will solidify the value of modern, indirect channel retailing for airlines and agencies alike.Sue Carter, Head of Air Partners Asia Pacific at Travelport, says:” We are honored and excited to be the first GDS partner of US Bangla Airlines and to be a part of the airline’s ambitious growth plans. This strategic partnership will provide customers with more attractive and customized offers, such as continuous pricing and tailor-made bundles.”Daraz Mahmud, Chief Commercial Officer at Galileo Bangladesh Ltd. which is the Independent Official Partner for Travelport in Bangladesh and a subsidiary of MGH Group, said,”Travelport in Bangladesh, represented by MGH Group, is always at the forefront of introducing innovative technology and content to make customers lives easier and efficient by providing both new products and services. “
Also read: Coronavirus: US Bangla to provide PPE to medical college hospitals free of cost
Housing and public works state minister visits Walton headquarters
State Minister for Housing and Public Works Sharif Ahmed visited Walton headquarters and laid the foundation stone of a 15-storey elevator testing tower Tuesday.
The state minister visited several manufacturing plants, including those of elevators, generators, air conditioners, refrigerators, compressors, metal castings and cables.
Walton Hi-Tech Industries Vice-Chairman SM Shamsul Alam and Managing Director and CEO Golam Murshed welcomed Sharif Ahmed.
Read: Walton launches two Prelude laptops
Since 2019, Walton has been manufacturing and marketing elevators using European technology.
The company is manufacturing passenger elevators ranging from 300kg to 3,000kg and cargo elevators from 800kg to 4,500kg, according to a media statement.
FBCCI delegation leaves for 2nd North East India Buyer-Seller Meet
A high-level business delegation led by the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) left Dhaka to join the 2nd North East India Buyer-Seller Meet in India to boost trade with neighbouring countries.
FBCCI Vice-President Md Amin Helaly is leading the delegation. It will join different events to enhance business and trade in Thailand, Laos, Bhutan and Bangladesh.
Read: FBCCI keen to enhance trade ties with Brazil; two MoUs sign
The delegation will attend the inauguration of the Buyer-Seller Meet Thursday. FBCCI President Md Jashim Uddin will join it online as a special guest.
The business delegation is also scheduled to have a meeting with the Confederation of Indian Industries.
FBCCI directors Bijoy Kumar Kejriwal, Abu Motaleb, Md Nizam Uddin, Tahmin Ahmed and other sectoral leaders are also part of the team.
IBBL Dhaka North, South, Noakhali hold half-yearly business development conference
Dhaka North, South and Noakhali zones of Islami Bank Bangladesh Limited (IBBL) recently organised a half-yearly business development conference online.
Mohammed Monirul Moula, managing director and chief executive officer of the bank, addressed the programme as the chief guest Monday.
Read:IBBL Dhaka East, Cumilla Zone hold half-yearly business conference
Muhammad Qaisar Ali and Md. Omar Faruk Khan, additional managing directors, Md Mostafizur Rahman Siddiquee and Md Nayer Azam, deputy managing directors; senior executive vice-presidents Md Siddiqur Rahman, Mohammad Jamal Uddin Mazumder, AFM Kamaluddin, Mohammed Shabbir, Md Mahboob Alam, Mizanur Rhman, Muhammad Sayeed Ullah and Md Maksudur Rahman joined the programme.
IBBL executive vice-presidents Muhammad Qamrul Bari Imami, Mir Rahmat Ullah, Ahmed Zubayerul Huq and Miftah Uddin, also attended the event, according to a media statement.
Read IBBL launches month-long fintech campaign
BGL reports 'significant engagement with job seekers' tapping into imo Channel
BGL Overseas, a recruiting agency based in Dhaka, has reported a "big growth in its engagement with the job seekers" after joining "Channel," a free broadcast platform for service and information introduced by popular instant messaging app imo.
The agency is involved in the recruitment and supply of workers from Bangladesh to different companies based in the Middle East and Asia.
Abdullah Al Mamun, marketing manager of BGL, decided to connect with imo Channel to help the agency perform better.
BGL joined Channel this May to try it and tap into more potential candidates. After the agency was officially verified by the imo team, its account got customised menus, enabling potential clients to contact it conveniently. More importantly, BGL services got a huge traffic boost from imo.
Within only two months, the number of closed deals of Mamun increased by around 50 percent as there was a huge boost in the number of BGL's followers, which reached nearly 13,000.
Read: Grooming Tips for Professionals: Show up gracefully at the workplace
On average, the number of migrant workers who reach out to BGL through Channel every day is around 50, much more efficient than other digital platforms, according to a media statement.
Mamun said: "We were looking for a good platform to connect to our target clients directly. Ever since we connected with imo Channel, we witnessed a significant rise in our engagement with the job seekers, because our target clients are already on the platform and could call us directly on imo without fees and not through other agents, which has helped us experience meteoric growth in terms of business."
Currently, there are huge opportunities for Bangladeshis to work overseas, but it often remains unexplored owing to a lack of proper information. Channel has "proved to be a powerful tool in this regard."
Currently, on imo, there are around 10 million Bangladeshi users who work in the Middle East.
Migrant workers can get relevant and authorised information about overseas job opportunities, salary, employers, companies, job requirements and other necessary details through imo Channel.