Dhaka, Apr 25 (UNB)- Abdullah Al Mohsin Chowdhury, secretary of Environment, Forest and Climate Change Ministry on Thursday expressed his hope that Walton will be a renowned brand in the global market shortly.
“Now, Walton has captured a lion market share in the domestic electronics market. I hope that they would be able to continue such success in the international market. Walton will be a reflection of Bangladesh among the global buyers,” he said.
The environment secretary came up with the remarks after inspecting the progress of the phase out of HFC (Hydrofluorocarbon) in refrigerator and compressor at Walton Hi-Tech Industries Limited (WHIL) in Chandra of Gazipur.
During his visit to WHIL, MoEFCC’s Additional Secretaries Dr. Nurul Quadi and Md Mozahed Hossain, Deputy Secretary Shamshur Rahman Khan, UNDP’s Assistant Resident Representative Md Khushid Alam, National Consultant on Chemicals and Montreal Protocol Ashraful Ambia, IMED’s Director General and Additional Secretary Md Kamrumzzaman, Department of Environment’s Director General and Additional Secreatry Dr Sultan Ahmed, Director Md Ziaul Haque and Project Coordinator Dr Satyendra Kumar Purkasyastha, were also present there among others.
WHIL’s Executive Directors SM Zahid Hasan, Alamgir Alam Sarker, Shoyeb Hossain Nobel and Golam Murshed, Deputy Executive Director Meer Muzahedin Islam, Sharif Harunur Rashid, Operative Director Tawfiq-Ul-Quader and Ishaque Rony, and Additional Operative Director Khondker Shahriar Murshid were also present there.
Dhaka, Apr 24 (UNB)- Red Hat, a global open source solutions provider has been undergoing a massive digital transformation aiming to expand it’s business in the country.
The American multinational software company aims to strengthen the partner ecosystem and help enterprises to accelerate their digital transformation across industries such as banking and finance services, telecommunications and government.
Senior officials of Red Hat India and South Asia came up with their focus at a press conference on Wednesday at the Westin Hotel.
Neeraj Bhatia, Director-Partner, Alliances and Commercial Sales and Ameeta Roy, Director of Solution Architecture and Palashendu Bhattacharya, Head of sales – State Government and Commercial Business of Red Hat India and South Asia addressed the media.
Neeraj Bhatia said that “the open source can accelerate innovation in Bangladesh’s digital economy. Recent industry reports indicate that cloud computing adoption in Bangladesh has gained momentum in the last few years. Red Hat hopes to empower local businesses to innovate with open hybrid cloud solutions.”
Ameeta Roy said, “Open Source has been a catalyst for digital disruption across the globe by allowing organisations to build an ecosystem that promotes faster innovation, enabling them to scale up, modify and add new features according to the changing trends and customer demands, she said.
Palashendu Bhattacharya said “Open Source solutions are core to innovation in areas like cloud computing, containers, mobile, artificial intelligence, machine learning and beyond. 100 percent of Fortune 500 companies in the airlines, commercial banks, telecom industries rely on Red Hat.”
Dhaka, Apr 24 (UNB)- Owners of major steel factories across the country on Wednesday urged the government for keeping the current tariff system over steel products’ manufacturing and distribution process.
Additionally they requested not to raise the gas price which is indispensable for the steel industry.
The calls were made at a press conference on the added VAT, tax on steel industry and the proposed gas price hike in the coming budget jointly arranged by Bangladesh Steel Manufacturers Association, Bangladesh Re-Rolling Mills Association and Bangladesh Steel Mill Owners Association at Jatiya Press Club.
Bangladesh Steel Manufacturers Association Secretary General Muhammad Shahidullah said the steel and re-rolling industry of the country is progressing despite many barriers.
"The current tariff method for paying VAT is an easy process. It is also an easy method for the government to collect taxes from the steel industry. We request the government to keep the current tariff method ( 900 taka VAT per ton)," he said.
He also mentioned that the production cost for each ton of rods could increase up to 9000 taka per ton should the government introduce new VAT abolishing the tariff method.
Shahidullah also urged the government to abolish the current Advance Income Tax (AIT) and TDS on steel production.
He further highlighted the necessity to keep the gas price down saying, "15% costs of steel production is due to fuel consumption. If the proposed gas price hike in the budget is implemented, the steel industry will see the production cost per ton increase to 4000 taka."
Current gas price for the steel industry is taka 7.76 per square meter which is proposed to increase 132 percent at 18.04 taka. For captive power consumption the rate is proposed to set at 18.88 taka from 9.62 taka per square meter marking a 96 percent increase.
Bangladesh Steel Manufacturers Association President Manwar Hossain said the local steel industry is lagging behind competing with the foreign companies who enjoy many facilities including tax rebate and duty free import.
"The government is importing duty free from foreign companies in many development projects. This practice should end and the local industry should get the chance," he added.
Among others present at the event Bangladesh Steel Mill Owners Association Chairman Sheikh Fazlur Rahman Bakul and Secretary General Md Shahjahan spoke.
Dhaka, Apr 23 (UNB)- Speakers at a roundtable discussion on Tuesday suggested that the potentials of dairy sector should be utilized by providing grants to the farmers and reducing the production cost of milk.
The theme of the roundtable programme was “Present and future of dairy sector of Bangladesh” was organised by daily newspaper Prothom Alo in association with PRAN Dairy Ltd, at the newspaper's office in the capital. Prothom Alo Associate Editor Abdul Kaium moderated the roundtable discussion.
Dr Hiresh Ranjan Bhowmik, Director General at Department of Livestock Services, said the main barrier of country’s dairy sector is the production cost and another problem is maintaining the quality.
Ghulam Rahman, President of Consumers Association of Bangladesh, said the per capita consumption of milk in Bangladesh is below the required amount.
The demand of milk will increases if people are aware regarding the nutrition milk contains, he said.
Eleash Mridha, Managing Director of PRAN Group, said there is no alternative of taking concerted effort for attaining self-sufficiency in dairy industry.
Mohammad Imran Hossain, president of Bangladesh Dairy Farmers Association, said, In India, farmers get subsidy for producing milk but Bangladeshi farmers don’t get that.
Shafiqul Islam Laskar, Director General of Directorate of National Consumer Rights Protection, Advocate Umme Kulsum Smrity, President, National Dairy Development Forum and Md Muniruzzaman, Executive Director at PRAN Dairy, spoke at the roundtable discussion among others.
Dhaka, Apr 22 (UNB) - A three-day fair titled ‘Indonesia Fair 2019’ will begin at International Convention City Bashundhara (ICCB) here on Thursday which is expected to highlight Indonesian products, services and tourism sector cooperation between the two countries.
Commerce Minister Tipu Munshi will attend the inaugural ceremony of the fair, to be organised by the Embassy of the Republic of Indonesia, as the chief guest.
The opening ceremony will be followed by the handover of Indonesia's buses procured by Bangladesh, said an official.
More than 30 companies from Indonesia will participate in the trade fair to showcase Indonesian products, ranging from traditional Indonesian batik, jewelry, fashion, and handicrafts, to services, food and beverages, automotive, aviation, banking, pharmaceutical, building material, military equipment, and tourism destinations.
On the sidelines of the fair, Indonesia-Bangladesh Business and Investment Forum will be held on April 26 with panelists from Bangladesh Economic Zones Authority (BEZA), Bangladesh Investment Development Authority (BIDA) and Indonesian Investment Board.
Railways Minister Nurul Islam Sujon will attend the business forum as the chief guest.
Two-day fashion shows, traditional dance performances, talk shows, and other product demo will be part of the fair.