United News of Bangladesh

Highreso Co., Ltd. has announced discount plans for its NVIDIA H200-equipped GPUSOROBAN-AI SPACON Cloud. GPUSOROBAN is a low-price cloud platform for GPU computing offered with a simple pricing system. The use of this high-performance GPU server greatly reduces the time required for large-scale computing and graphic processing. This platform provides a safe and secure computing environment since it is managed within Japan. AI SPACON Cloud is the high-spec GPUSOROBAN lineup that provides cloud-based GPU instances with NVIDIA H200 or higher. Highreso is now announcing plans for AI SPACON Cloud equipped with H200 at a discount of up to 39% from the regular monthly rate of 2,530,000 yen (net, based on an exchange rate of USD 1 = JPY 143, as of the end of April), depending on the contract period. Discount plans for NVIDIA HGX H200* Monthly contract: USD 17,692.31 (regular price) 1-year contract: USD 15,923.08 (10% off) 2-year contract: USD 15,038.46 (15% off) 3-year contract: USD 11,323.08 (36% off) 5-year contract: USD 10,792.31 (about 39% off) HGX H200's technical specifications: https://cdn.kyodonewsprwire.jp/prwfile/release/M108695/202505279551/_prw_PI1fl_08ELlsz3.png Highreso also began accepting reservations for HGX B200 equipped with the "Blackwell," which is the latest NVIDIA architecture. Discount plans for NVIDIA HGX B200* Monthly contract: USD 18,881.12 (regular price) 1-year contract: USD 18,308.96 (about 3% off) 2-year contract: USD 17,482.52 (about 7% off) 3-year contract: USD 16,528.93 (about 12% off) 5-year contract: USD 15,257.47 (about 19% off) HGX B200's technical specifications: https://cdn.kyodonewsprwire.jp/prwfile/release/M108695/202505279551/_prw_PI2fl_3h78HvgK.png *Based on an exchange rate of USD 1 = JPY 143. *Actual rates vary depending on the current exchange rate at the time of signing. For details about the plans and contracts, please contact Highreso using the following link. AI SPACON Cloud: https://lp-soroban.highreso.jp/en/index.html About Highreso Co., Ltd. Since 2019, Highreso has been operating one of Japan’s largest GPU data centers in Shika-machi, Ishikawa, from which it provides the GPUSOROBAN cloud-based GPU service. In December 2024, Highreso opened a data center dedicated to GPU for AI development in Kagawa, which was certified for the provision of supplies for the METI Cloud Program. The GPU data center was the first of its kind in the Chugoku and Shikoku regions. Highreso has strategic rollouts to develop new GPU data centers at closed schools in Genkai-cho, Saga and Ayagawa-cho, Kagawa. Highreso is advancing regional revitalization and the evolution of generative AI through its expanding network of local hubs. June 2022: Awarded "Best CSP Partner of the Year" by NVIDIA April 2024: Certified for the provision of supplies for the METI Cloud Program Company Profile Company Name: Highreso Co., Ltd. Head Office: 106-1, Moroura, Genkai-town, Higashimatsuura, Saga Tokyo Head Office: 3-24-1, Ichigayatamachi, Shinjuku-ku, Tokyo Representative: Chief Executive Officer Yoshiyuki Shikura Business Summary: Developing and operating GPU data centers, providing the GPU cloud service GPUSOROBAN Company Website: https://highreso.jp/ GPUSOROBAN: https://soroban.highreso.jp/ Source: Highreso Co., Ltd.

The country’s stock markets opened the week on Sunday on a positive trajectory, with key indices recording gains and a majority of companies witnessing price increases. On the Dhaka Stock Exchange (DSE), the benchmark index DSEX rose by 25 points. Meanwhile, the Shariah-based index DSES gained 5 points, and the blue-chip index DS30 added 12 points. Most of the participating companies saw a rise in share prices. Out of the traded issues, prices increased for 232 companies, declined for 79, while 86 remained unchanged. In the first two hours of trading, shares and units worth over Tk 90 crore were exchanged on the Dhaka bourse. Stocks slide sharply in early trading at DSE, CSE Meanwhile, the Chattogram Stock Exchange (CSE) also reported gains, with the overall index climbing 30 points. Out of the 70 companies that took part in trading on the CSE, 34 saw price increases, 22 recorded declines and 14 remained unchanged. During the first half of the session at the CSE, shares and units worth over Tk 4 crore were traded.

Mahmud Hasan Khan, the panel leader of ‘Forum’ and Managing Director of Rising Fashions, has won 31 out of 35 director posts in the BGMEA election for the 2025–27 tenure. In the Dhaka region, Mahmud Hasan Khan secured the highest number of votes, receiving 1,149. This marks the Forum’s most significant victory in over a decade in the BGMEA elections. Forum candidates won 25 of the 26 posts in the Dhaka region. The elected directors are Mahmud Hasan Khan, Shah Raed Chowdhury, Mizanur Rahman, MA Rahim, Faisal Samad, Mohammad Abdus Salam, Kazi Mizanur Rahman, Md Shihab Uddoza Chowdhury, Inamul Haque Khan, Md Hasib Uddin, Mohammad Sohel, Sheikh HM Mostafiz, Vidya Amrit Khan, Joaddar Mohammad Hosne Qamar Alam, ABM Shamsuddin, Nafis-ud-Daula, Sumaiya Islam, Anwar Hossain Chowdhury, Majumder Arifur Rahman, Fahima Akhter, Asef Kamal Pasha, Rashid Ahmed Hossaini, Rumana Rashid, Samiha Azim and Rezwan Selim. Faruque Hassan of Sammilita Parishad won the remaining post in Dhaka. BGMEA election underway; Forum and Sammilito Parishad leaders hopeful of victory In the Chittagong region, Forum candidates secured 6 out of 9 posts. The winners are Selim Rahman, M Mohiuddin Chowdhury, Sakif Ahmed Salam, Md Sharif Ullah, Mohammad Rafiq Chowdhury and Enamul Aziz Chowdhury. The remaining three posts in Chittagong were won by Syed Mohammad Tanvir, SM Taib and Rakibul Alam Chowdhury of the Sammilita Parishad. Three electoral alliances -- the Forum, Sammilita Parishad, and Oikya Parishad -- contested the election for the 35 director posts of the organisation. While the Forum and Sammilita Parishad fielded candidates for all posts in both Dhaka and Chittagong, the Oikya Parishad nominated only six candidates. In total, 76 candidates contested the election. Md Abul Kalam, Managing Director of Chaiti Group, led the Sammilita Parishad, while Mohammad Mohsin, Chairman of Rumo Fashion, led the Oikya Parishad. Mohammad Iqbal served as chairman of the election board, with Syed Afzal Hossain and Ashraf Ahmed as members.

Syria and Saudi Arabia said Saturday they aim to boost economic cooperation to for their mutual benefit and create jobs for Syrians after Western sanctions imposed on the war-torn country were eased earlier this month. The announcement was made during a visit to Damascus by Saudi Foreign Minister Prince Faisal bin Farhan, who met Syrian President Ahmad al-Sharaa and other Syrian officials. The easing of Western sanctions is likely to open the way for foreign investors into the country, where a civil war has been ongoing since March 2011. In early December, 54 years of Assad family rule came to an end, when gunmen opposed to then-president Bashar Assad captured his seat of power in Damascus. The Saudi foreign minister said that the easing of sanctions by the U.S., the European Union and Britain earlier this month will help in “reactivating the Syrian economy that had been at a standstill for decades.” Prince Faisal, who is heading an economic and business delegation, said Saudi businessmen will visit Syria in the near future to discuss opportunities in sectors including oil, infrastructure, information technology, telecommunications and agriculture. Asian shares mostly decline as uncertainty grows about what's next with Trump's tariffs He added that Saudi Arabia and Qatar will give financial assistance to employees of Syria's public sector without giving details. “We assert that the kingdom will be a leading state among countries that will stand by Syria in its march for reconstruction and economic revival,” Prince Faisal said. Syrian Foreign Minister Asaad al-Shibani said his country and Saudi Arabia have entered a new era of cooperation. The meeting came two days after Syria signed an agreement with a consortium of Qatari, Turkish and U.S. companies for development of a 5,000-megawatt energy project to revitalize much of its war-battered electricity grid. Al-Sharaa met President Donald Trump in Saudi Arabia earlier this month.

The BYD manufacturing facility in Jinan, the capital of eastern China's Shandong province, has solidified its position as a pivotal hub in China's rapidly expanding new energy vehicle industry, signalling the company's ongoing commitment to innovation and sustainable mobility solutions. With a substantial investment of 15 billion Chinese yuan from BYD Company Limited, the Jinan manufacturing facility has become a flagship in China’s burgeoning new energy vehicle (NEV) sector. Featuring comprehensive full-process production—from stamping to assembly—the plant is among the region’s largest and most advanced projects. According to BYD, their investment in Jinan commenced in September 2021. "Later, we successfully established a complete vehicle production facility. Currently, the plant has an annual capacity of more than 700,000 vehicles," an official said during a recent interview with journalists.

TECNO marked a major milestone in its journey recently with the grand opening of its largest flagship store in South Asia, located at Centrepoint, Uttara. To commemorate the opening, TECNO announced exclusive in-store offers available from May 30 to June 4. Designed as a hub for immersive technology experiences, the new store launch also served as a high-energy celebration of the recently introduced CAMON 40 Series, reinforcing TECNO’s commitment to delivering intelligent innovations to the region. The 2,600 square foot store represents a new era for TECNO in Bangladesh, where customers can experience the brand’s AI-driven product ecosystem in a fully interactive environment. Visitors explored hands-on demo zones featuring TECNO’s latest AIoT innovations, including the MEGA Mini Gaming G1, Pocket Go TWS, AI Smart Glasses, Dynamic 1 Smartwatch, and a wide range of tablets and smart devices that together define the future of connected living. Themed ‘The Era of TECNO AI’, the launch event brought together a dynamic mix of technology enthusiasts, industry stakeholders, and familiar public figures. The celebration featured captivating live performances from Minar Ahmed, Xefer, Habib Wahid, and Masha, alongside a striking AI Lifestyle Fashion Show curated by Azra Mahmood. Popular content creators from across the country were also present, capturing the experience and amplifying the excitement across digital platforms. A key highlight of the evening was the flash launch celebration of the CAMON 40 Series, including the CAMON 40 Pro. Guests experienced the smartphone’s standout features, such as the 50MP Sony LYT-700C Ultra Night Camera, the intuitive One-Tap FlashSnap photography mode, and its dust and water resistance with IP68 and IP69 ratings. The CAMON 40 Series has already set a new benchmark for mobile photography, and the event allowed fans and tech enthusiasts to explore its capabilities in real time. Speaking at the event,bRezwanul Hoque, CEO of Ismartu Technology BD Ltd., stated, “This flagship store is more than a retail destination. It is a space where people can engage with innovation in meaningful ways and see how TECNO’s AI-powered products are shaping the future of everyday life.” Customers visiting during this period can enjoy significant discounts on laptops and smart gadgets, receive complimentary data bundles, and take-home branded gifts such as screen protectors and water bottles. With the launch of its largest flagship in South Asia, TECNO is reaffirming its leadership in AI integrated consumer technology and strengthening its presence in Bangladesh’s rapidly evolving digital landscape. The Centrepoint store stands as a bold step toward making advanced technology more engaging, accessible, and relevant to modern lifestyles. The TECNO Flagship Store at Centrepoint, Uttara is now open daily. Visitors can now experience the future of smart living of TECNO first-hand in this store.

Asian shares were mostly lower Friday as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs. Japan's benchmark Nikkei 225 lost 1.4% in morning trading to 37,892.39. Government data showed Tokyo core inflation, excluding fresh food, accelerating to a higher-than-expected 3.6% in May. Some analysts say that makes it more likely the Bank of Japan will raise interest rates. Australia's S&P/ASX 200 was little changed, inching down less than 0.1% to 8,404.50. South Korea's Kospi declined 0.6% to 2,703.64, ahead of a presidential election set for next week. Hong Kong's Hang Seng slipped 1.4% to 23,235.94, while the Shanghai Composite shed 0.3% to 3,353.07. On Wall Street, the S&P 500 rose 0.4% on Thursday after giving up more than half of an early gain. The Dow Jones Industrial Average added 117 points, or 0.3%, and the Nasdaq composite rose 0.4%. South Korea's cenbank cuts borrowing costs to nurse sluggish economy It’s a downshift after stocks initially leaped nearly 2% in Tokyo and Seoul, where markets had the first chance to react to the ruling late Wednesday by the U.S. Court of International Trade. The court said that the 1977 International Emergency Economic Powers Act that Trump cited for ordering massive increases in taxes on imports from around the world does not authorize the use of tariffs. The ruling at first raised hopes in financial markets that a hamstrung Trump would not be able to drive the economy into a recession with his tariffs, which had threatened to grind down on global trade and raise prices for consumers already sick of high inflation. But the tariffs remain in place for now while the White House appeals the ruling, and the ultimate outcome is still uncertain. The court’s ruling also affects only some of Trump’s tariffs, not those on foreign steel, aluminum and autos, which were invoked under a different law. The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision. Trump “is still able to impose significant and wide-ranging tariffs over the longer-term through other means,” according to Ulrike Hoffmann-Burchardi, chief investment officer of global equities at UBS Global Wealth Management. On Wall Street, tech stocks led the way after Nvidia once again topped analysts’ expectations for profit and revenue in the latest quarter. The chip company has grown into one of the U.S. market’s largest and most influential stocks because of the frenzy around artificial-intelligence technology, and its 3.2% rise was the strongest force by far lifting the S&P 500. Best Buy fell 7.3% even though it reported a stronger profit than expected. The electronics retailer also cut its forecasted ranges for revenue and profit over the full year on the assumption that “tariffs stay at the current levels,” Chief Financial Officer Matt Bilunas said. All told, the S&P 500 rose 23.62 points to 5,912.17. The Dow Jones Industrial Average added 117.03 to 42,215.73, and the Nasdaq composite gained 74.93 to 19,175.87. In the bond market, Treasury yields eased following some mixed reports on the economy. One said that the U.S. economy likely shrunk by less in the first three months of the year than earlier estimated. Another said slightly more U.S. workers applied for unemployment benefits last week than economists expected. The yield on the 10-year Treasury fell to 4.43% from 4.47% late Wednesday. ASEAN opens summit with Persian Gulf nations and China as US threatens tariffs In energy trading, benchmark U.S. crude dropped 30 cents to $60.64 a barrel. Brent crude, the international standard, fell 31 cents to $63.84 a barrel. In currency trading, the U.S. dollar declined to 143.92 Japanese yen from 144.12 yen. The euro cost $1.1355, down from $1.1367.

Bangladesh Bank has directed all scheduled banks in the country to keep sufficient money in their ATM booths to make financial transactions smoothly during the upcoming Eid-ul-Azha holiday. In addition, several instructions have been given for uninterrupted transactions through Point of Sale (POS), e-payment gateway, and Mobile Financial Service (MFS). The Payment Systems Department of Bangladesh Bank sent instructions in this regard on Thursday (May 29). It said that banks should make necessary preparations in advance so that customers do not suffer any kind of hardship during the Eid holiday. In the circular sent to the top executives of scheduled banks, adding that in the case of automated teller machine (ATM) booths, round-the-clock ATM service should be ensured; if any technical fault occurs in the ATM booth, it should be resolved as soon as possible; sufficient money supply should be ensured; Other security measures, including round-the-clock security guards at the booth, should be ensured. Banks to remain open in Eid-ul-Azha in cattle market areas, transactions to continue until 10 pm In the case of Point of Sale (POS), round-the-clock POS services should be ensured and merchants and customers should be made aware to prevent fraud, said BB instructions. In the case of e-payment gateways, two-factor authentication (2FA) should be enabled for card-based 'card non-human touch' transactions. All banks and their subsidiary companies providing mobile financial services (MFS) should ensure uninterrupted transactions. In addition, information about transactions of any amount during the Eid holidays should be informed to the customer through SMS alert service. The central bank asked to run a campaign to alert customers about all types of payment services in electronic mode. The customer should be provided with round-the-clock helpline support and the instructions of the circular issued earlier in this regard should be properly followed.

Ahead of the holy Eid-ul-Azha, Bangladesh Bank has ordered bank branches to remain open in the areas adjacent to the cattle market for sacrificial animals in Dhaka and Chittagong. At the same time, evening banking activities have been asked to be conducted in these branches. Bangladesh Bank has given this instruction to facilitate banking transactions for sacrificial animal traders. On Thursday (May 29), the 'Banking Regulations and Policies Department' of Bangladesh Bank issued a circular in this regard and sent it to the managing directors and chief executives of commercial banks to implement. The central bank said that there is a large amount of cash transactions in the animal markets before Eid. Therefore, bank branches and sub-branches around the markets should be kept open from 10 am to 10 pm every day from June 3 until the day before Eid. This will allow buyers and sellers to conduct financial transactions safely. In addition, orders have been given to set up temporary bank booths in the markets. These booths will provide facilities for depositing and withdrawing cash as well as opening new accounts. Bank branches located near cattle markets operated under Dhaka North and South City Corporations and Chittagong City Corporation have been asked to take necessary measures to implement this directive. Bangladesh Bank said that this initiative will ensure transparency and security in cash management at cattle markets. This will allow customers to transact in a smooth and risk-free atmosphere. The areas where instructions have been given to start evening banking include Uttara, Diabari, Bhatara Sutivhola, Khilkhet Mastul, Mohammadpur Bachila, Gabtoli cattle market, Mirpur-6, Banarupa residential area, field adjacent to Dhaka Polytechnic Institute, Khilgaon Railgate, Postgola, Dholaikhal, Rahmatganj, Shyampur Kadamtoli, Kamalapur, Amulia, and Sagarika areas of Chittagong.

The Bangladesh Jewellers Association (BAJUS) has withdrawn its decision to keep jewellery shops across the country closed for an indefinite period, a day after announcing the programme protesting the arrest of its vice-president Md Riponul Hasan. In a press release on Thursday, BAJUS said members of the Detective Branch (DB) of police arrested Riponul Hasan from his business establishment at Tantibazar in the capital on 28 May in a false and fabricated case using a fake political identity. “The political identity mentioned in the case by police is completely false. Riponul Hasan never held that position. He is not involved with any political organisation, nor has he ever been a member of any political party,” the statement said. BAJUS said the arrest of Ripon has shocked and angered jewellery traders across the country. In protest, all jewellery shops remained closed today as owners and workers staged rallies, processions and human chains demanding justice and his unconditional release. All jewellery stores across Bangladesh to shut down indefinitely from Thursday The association has drawn the attention of the chief adviser, home adviser, law adviser, finance adviser, commerce adviser, industry adviser, IGP and DMP commissioner to ensure justice in the incident. Considering the upcoming Eid-ul-Azha and hoping for a fair investigation and justice, BAJUS has decided to suspend the programme of indefinite closure of jewellery shops. It requested all jewellery establishments to remain open from Friday. However, BAJUS warned that if Riponul Hasan’s name is not withdrawn from the “false and harassing” case and justice is not ensured, it will be compelled to announce fresh protest programmes. Jewellery shops see Eid sales decline amid soaring gold prices