Local-Business
Robi's revenue goes up 9.7% in third quarter
The country's second-largest mobile operator Robi ended the third quarter of this year with Tk38.9 crore in profit after taxes, on the back of a 9.7% revenue growth.
Three customers get 500 pc cash vouchers on Walton fridge purchase
Three customers in Dhaka and Brahmanbaria got 500 percent cash vouchers after purchasing Walton fridges under its nationwide ongoing ‘Digital Campaign Season-8.
BTRC Chairman visits Symphony mobile factory in Ashulia
Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Mohammad Zahurul Haque on Tuesday visited Symphony's handset manufacturing plant at Jirabo in Ashulia.
IBBL inaugurates new Sub-Branch at Kaligonj Bazar, Gazipur
Islami Bank Bangladesh Limited inaugurated its Kaligonj Bazar Sub-Branch under Palash Branch at Kaligonj Pourashova of Gazipur recently. Meher Afroze Chumki, Member of Parliament for Gazipur-5 constituency inaugurated the Sub-Branch as chief guest. Mohammod Ullah, Senior Executive Vice President & Head of Dhaka East Zone of the Bank presided over the program. Md. Moazzem Hossen, Chairman of Kaligonj Upazila Parishad, Md. Lutfar Rahman, Mayor of Kaligonj Pourashova, Azad Faruk Uddin Ahmed, Former Chairman of Kaligong Union Parishad and SM Robin Hossen, Social Organizer addressed the program as special guest.
Serai and BGMEA launch initiative to strengthen manufacturers digital presence
Working closely with the BGMEA to support Bangladeshi apparel manufacturers in securing a larger share of the global market, HSBC’s Serai Limited, is funding a digital profile building initiative for the country’s leading export sector.
The free initiative will connect local manufacturers with digital agencies in Dhaka, who will create marketing assets to promote their businesses online. Serai and the BGMEA believe that Bangladesh has a huge opportunity to tap into the global RMG export market, if local manufacturers use digital tools to showcase their products, capabilities and credentials to international buyers.
The agencies will produce promotional assets such as videos and photos of products, facilities, fabrics and other items that are crucial in building a strong online presence.
Aside from digital asset building, the agencies will support with copywriting for the online profiles of manufacturers on Serai’s platform.
“We joined Serai at the very beginning of their journey, allowing us to provide early feedback and see our suggestions implemented on the platform. Our Serai profile now showcases all of the information and capabilities that we share with our buyers in one place,” said Mr. Kutubuddin Ahmed, Founder and Chairman of the Envoy Group.
Having a robust online presence can support manufacturers in developing new relationships and showcasing their full range of capabilities. This is critical for survival in such a highly competitive industry, where markets like Vietnam and Cambodia have made huge progress in recent years.
“The current state of mass disruption in the apparel trade presents a huge opportunity for Bangladeshi manufacturers to secure a larger share of the global export market through digitisation,” said Vivek Ramachandran, CEO, Serai Limited.
Initiatives like this will ensure Bangladesh is leveraging technology to do business post-Covid-19, moving past traditional ways of working and an over-reliance on a handful of buyer relationships.
It will also support the country in meeting key targets related to the diversification of production, higher levels of innovation, keeping up with e-tailing trends and technology upgrades.
Rubana Huq, the President of BGMEA, said, "We want to continue having HSBC and Serai by our side so that we can do e-engagement to a greater extent - because that’s the call of the day.”
More than 250 Bangladeshi manufacturers have already joined the Serai platform, including Envoy Textiles, DBL Group and Viyellatex. Any textile and garment manufacturer interested in utilising Serai’s free digital profile building service can sign up here or scan the QR code below.
realme ranked among top 4 mobile brands during Q3 in Bangladesh
Popular mobile phone brand realme has grown by 255 percent Quarter-on-Quarter (QoQ) in the Bangladesh market since its inception, according to Counterpoint Research.
IBBL Jashore zone holds webinar on sharia compliance
The Jashore zone of Islami Bank Bangladesh Limited (IBBL) held a webinar titled ‘Compliance of Sharia in Banking Sector’ on Saturday.
Walton starts exporting washing machine to India
Bangladeshi electronics giant Walton has accomplished another milestone in its exports business and started exporting locally made washing machines to India.
Daraz: 15 pc instant cashback on bKash payment
bKash is offering 15 percent instant cashback up to tk 300 on purchase of products from Daraz under 11.11, the biggest sale festival.
PRAN-RFL Group to generate 5,000 jobs in Rajshahi
PRAN-RFL Group’s Varendra Industrial Park at Godagari in Rajshahi, is collecting agro based products including mango, tomato, olive and guava, based on season, from the local farmers and making pulp in the park.