Dhaka, Jun 18 (UNB) – A delegation of British-Bangladeshi businesspersons is exploring investment opportunities in Bangladesh.
The areas being explored include ICT, garments, manufacturing, infrastructure, engineering, construction, logistics, banking, financial services and other consumer sectors.
A 23-member trade mission by the UK Bangladesh Catalysts of Commerce & Industry (UKBCCI) visited BIDA’s offices on Tuesday.
The mission hopes to further expand bilateral trade with Bangladesh particularly in face of Brexit.
BIDA Executive Chairman Kazi M Aminul Islam told the delegation that non-resident Bangladeshis should develop a new level of confidence in relation to their country.
“The country that you have now is totally different from the country you left behind so many years ago. In the last ten years, GDP per capita has more than doubled. When FDI fell globally last year, it grew 68 percent in Bangladesh – the highest in the world,” he said.
“We’re welcoming NRBs from all over the world to strengthen their relationship to Bangladesh in terms of trade and investment. We’re working to create distinct opportunities for them,” said the BIDA chief.
UKBCCI Chairman Iqbal Ahmed said that the new generation of British-Bangladeshis is affectionate towards Bangladesh.
“From time to time we bring these young entrepreneurs to Bangladesh. We encourage them to return to their roots. We believe they can play a huge role by sharing their experiences, especially regarding the IT and services industry,” he said.
BIDA has been facilitating the delegation’s visit to several ministers including commerce, industries and expatriates’ welfare. They visited the offices of Bangladesh Economic Zones Authority and Bangladesh High-tech Park Authority.
On Tuesday, they met Prime Minister’s Private Industry and Investment Adviser Salman F Rahman.
The UK businesspersons will be exploring investment opportunities in Dhaka, Sylhet and Chattogram as part of their visit scheduled between June 14 and June 21.
Dhaka, Jun 16 (UNB)-Walkar, a footwear brand of RFL Group, opened its 50th outlet in Tangail district recently.
Numerous stylish shoes including casual shoes, kid’s shoes, sports shoes and sandals for all classes of people are available at the outlet.
RN Paul, Managing Director of RFL Group, inaugurated the outlet on old jail road of Sadar upazila.
Addressing the inauguration program, RN Paul said “The main feature of Walkar is to give the highest quality products for the customers. We are trying to bring the different kinds of footwear considering the demand of all classes of people. As part of the initiative, we are opening new outlets across the country.”
Kamrul Hasan, Chief Operating Officer, Mainul Hasasn, Brand Manager and Shahjahan Sanny, Retail Manager of Walkar Footwear were present at the programme among others.
Dhaka, June 12 (UNB) - A three-day long gold fair will be held at Dhaka’s Hotel InterContinental between June 23-25 following the government’s offer to legalize undeclared gold.
Bangladesh Jewellers Samity or Bajus General Secretary Dilip Kumar Agarwala announced it to the media at a discussion meeting at the Officers’ Club, Dhaka.
Dilip noted that earlier there were no rules and regulations relating to gold in the country. On behalf of Bajus, he thanked the government of Prime Minister Sheikh Hasina for bringing in the legal framework within which they can now operate with a certain confidence.
“If the government supports us then we can have a positive role in the Gross Domestic Products (GDP) of the country’s economy. We want to build a modern jewellery institution to compete in international markets,” he also said.
“Fix duty on gold observing neighbouring countries,” he urged the government.
Dilip Kumar also added, “We will organise gold fair on June 23 to 25 in Dhaka. Finance Minister AHM Mustafa Kamal will inaugurate the fair. It will open from 10am to 5pm. Besides, the fair will be held on June 23 and 24 in divisional cities.”
“A vested quarter discouraged traders to attend the fair and said that if you attend it, you may face problems later. However, don’t be afraid. National Board of Revenue (NBR) has assured us that there will be no hassle. So I urge all gold traders to take part in the fair,” he also added.
However, in a notification on May 28, 2019, the NBR said that if any trader wants to disclose their undeclared stock of gold, they will have to pay Tk1,000 per bhori (each bhori or 11.664 grams.
Dhaka, June 10 (UNB)-Local electronics manufacturer Marcel has registered a 137 percent growth in the sales of its refrigerators and freezers during the month of January to May.
Marcel officials informed that they sold out a total of 72,947 units of fridges during the first five months (January to May) of the previous year while this year a total of 1,73,093 units were sold in the same period.
In addition, the local brand has sold 33,699 units of fridges during the holy Ramadan of this year, which was more than one and half times of the fridge sales of last year’s Ramadan.
Centering the Cricket World Cup 2019, the local brand announced a special offer under its nationwide ongoing Digital Campaign Season-4. Under the offer, customers may get free television or various sorts of electronics or electrical appliances or sure cash vouchers up to Tk 1 lakh through registering their fridges just after the purchase from any Marcel outlets.
Dr Md Shakhawat Hossen, executive director of Marcel, said that this year sales of their fridges jumped up sharply in the local market.
Sales executives of Marcel fridges informed that they are manufacturing and marketing total of 96 models of fridges, including 79 models of frost refrigerator, 5 models of non-frost refrigerator and 12 models of freezers.
Marcel is now allowing 4 years warranty on fridge spare parts and 5 years after sales services. They are delivering swift and best post sales services through more than 70 service centers under its ISO standard service management system network. Around 2,500 engineers and technicians are engaged in this task.
Dhaka, June 10 (UNB)- Chattogram unit of Islami Bank Bangladesh Limited (IBBL) held a business development conference at the Radisson Blue Hotel in Chattogram city recently.
Professor Dr Md Salim Uddin, FCA, FCMA, Chairman, Executive Committee of the Bank was present in the inaugural ceremony as chief guest.
Md Mahbub ul Alam, Managing Director and CEO of the bank presided over the programme where Md Monirul Moula, Additional Managing Director was special guest.
Mohammad Amirul Islam, Senior Executive Vice President and Head of Chattogram region addressed the welcome speech.
Abu Reza Md Yeahia, JQM Habibullah FCS, Taher Ahmed Chowdhury, Muhammad Qaisar Ali and Hasne Alam, Deputy Managing Directors, Md Saleh Iqbal, Senior Executive Vice President, Md Nayer Azam, Senior Vice President and Head of Chattogram North Zone and GM Md Gias Uddin Quader, Senior Vice President and Head of Chattogram South Zone, Mohammad Shabbir, Senior Vice President and Head of Khatunganj Corporate branch were also present in the conference.
Heads of 49 branches of Chattogram along with other officials attended the conference.