Dhaka, Jan 2 (UNB) – Bangladeshi brand Walton wants to sell two million units of fridges in the local market this year.
The company claims to have sold 1.5 million units in 2018. Walton holds nearly 75 percent share in the local fridge market, its officials said.
Uday Hakim, deputy executive director of Walton Group, said he was optimistic about achieving milestones in 2019.
“We plan to release global models with latest technology in the local market at affordable prices,” he noted.
Md Amdadul Hoque Sarkar, executive director and head of sales of Walton, said they were registering about 30 percent sales growth every year.
“To meet this year’s goal, we will release over 150 models of frost and non-frost refrigerators with innovative designs,” he said.
Walton is exporting ‘Made in Bangladesh’ refrigerators to various Asian, Middle Eastern and African countries.
“We are now focusing on exporting to developed nations like Australia, America and Europe,” Amdadul added.
Dhaka, Dec 29 (UNB) - Huawei Technologies' rotating Chairman Guo Ping said the Chinese tech giant's revenue in 2018 is expected to be US$108.5 billion, up 21 percent year-on-year.
In his new year’s speech, he also said that Huawei has secured 26 5G contracts till now and its smartphone shipments in 2018 are also expected to surpass 200 million units.
Huawei is currently the world’s largest telecom equipment maker and the second largest smartphone seller.
Gu Ping, rotating chairman of Huawei said, “More than 160 cities and 211 Fortune Global 500 companies have selected Huawei as their partner for digital transformation. We have shipped more than 200 million smartphones, and have made remarkable breakthroughs in both our PC business and IoT ecosystem for smart homes. Huawei Cloud has launched over 140 cloud services in 18 categories, and we are working with our partners to serve global customers with 37 availability zones across 22 regions.”
“This year Huawei also announced AI strategy and launched a full-stack portfolio of AI solutions for all scenarios,” he added.
“Our business performance remains strong, and this is by far the most direct form of validation that we can receive from our customers. It is also our best response to negative conjecture and market restrictions. Here I would like to thank all of our customers and partners, as well as the public, for your trust and support. Thanks to our employees for your incredible, hard work. No matter what changes we might face, our procurement strategy will remain unchanged.”
“We will keep our policy consistent especially for our US suppliers and firmly collaborate with them for shared success. In the coming year, we will see new waves of development in digitization and intelligence, and we may very well encounter even greater difficulties. If we can develop the simplest possible network architecture, make our transaction models as simple as possible, ensure the highest level of cyber security and privacy protection, produce the best products, and provide the best services, no market can keep us away.”
In his speech, Guo Ping said about Huawei’s core business and future operational strategy. He said, “The Carrier Software & Core Network Business Dept has set a benchmark for other departments in terms of both organizational and business transformation. In 2019, we will fully enhance our software engineering capabilities to build trustworthy, quality products.”
“Our products and solutions have earned the trust of our customers in more than 170 countries and regions. We have a very strong track record in cyber security. Huawei has never and will never present a security threat. We will hold ourselves to the highest standards, placing cyber security and privacy protection at the very top of our agenda.”
Guo Ping finished his speech saying, “Over the past three decades, we have served our customers with religious devotion, working closely with them and our partners to bring telecommunications technology beyond the confines of ivory towers and labs and give it practical application in cities and remote regions the world over.
By doing this, we are bridging the digital divide between developed and underdeveloped countries and regions, and connecting more than three billion people around the world. We can proudly say that we have left a profound impact on the course of human civilization.
Today, as an important leader and contributor in the ICT industry, Huawei is now a member of more than 380 industry organizations, where we serve in 300+ key positions and submit more than 6,000 proposals each year. I have no doubt that we will achieve what we've set out to do: to bring digital to every person, home and organization for a fully connected, intelligent world.”
Dhaka, Dec 27 (UNB) – The country’s banks had their annual closure of accounts for 2018 Thursday as bankers commenced a-four-day leave.
Given the weekend on 28th and 29th December, the government-declared national holiday on occasion of 11th parliamentary election on Sunday December 30th, and bank holiday to be observed the day after as declared by the banks, the annual closure was brought forward to Thursday. So they will resume office from the New Year 2019.
Earlier the central bank gave notice to close annual accounts within Thursday.
Bangladesh Bank Executive Director Sirajul Islam told UNB that they were able to complete all banks accounts smoothly today.
“We will observe bank holiday on December 31. So we would begin official duty from January 1, 2019,” he also said.
However, most financial non-governmental organizations (NGOs) and insurance companies would remain open on December 31 as they are out of central bank regulations.
Syed Hammadul Karim, General Manager of MetLife Bangladesh, one of world’s leading financial services companies said: “As MetLife is insurance company so we have to work December 31 as well. Even though, they got a-three-day leave from today. They will close the accounts of the current year on the last day.”
Farid Ahmad, regional Manager of the country’s popular NGO Sajida Foundation, said that they too closed their annual accounts on Thursday, to get four day leaves officially. Although, we have as special duty on Monday. However, we will begin official duty from the first day of 2019.
Dhaka, Dec 27 (UNB)- Premier Bank recently inaugurated its 109th branch at Nikunjo in the capital.
Advisor of the Premier Bank Limited Muhammed Ali inaugurated the branch by cutting ribbon and was present as Chief Guest.
Managing Director and CEO of the bank M Reazul Karim, FCMA was also present there as special guest.
Among high officials of Premier Bank Limited, Niamat Uddin Ahmed, Head of Corporate Banking Division, Mohammed Emtiaz Uddin, Head of SME and Agriculture, Md Tareq Uddin, Head of Brand Marketing & Communications; Mohammad Masudur Rahaman, Branch Manager of Nikunja, prominent businessmen and local dignitaries were also present at the ceremony.
Dhaka, Dec 26 (UNB)- Bangladeshi electronics brand ‘Walton’ is preparing to sink its teeth into the world’s refrigerator market.
It plans to arrange international conferences to share technical knowhow with foreign experts, take part in global competitions and international fairs, among others, as part of its roadmap to achieve its goal.
Walton arranged a two-day international conference in Gazipur on December 22 and 23. It was attended by foreign experts and the company’s engineers and representatives.
Abdur Rouf, first senior additional director of Walton and the conference’s convenor, said the participants propounded various timely and realistic directions for manufacturing fridges for international consumers.
Walton is also working hard to win prestigious awards like ‘iF Design Award’ and ‘Red Dot Design Award’ next year.
Edward Kim, president of International Business Unit of Walton Group, said the brand stood at the top in Bangladeshi electronics market.
“Now, it is time for us to turn Walton into the best global brand,” he said, adding that the conference was like the launching ceremony of Walton’s journey towards becoming the best brand in the international electronics market.
Kim said they were trying to nurture Walton’s presence in the international market through sustainable partnership with customers by exporting products under their own brand logo as well as OEM (Original Equipment Manufacturer) business.
“These two approaches, along with the new concept and innovation, will turn Walton into a global player step by step,” he added.
Uday Hakim, deputy executive director of Walton Group, said, the company’s products manufactured in Bangladesh were being exported to Asian, Middle Eastern and African countries.
“We are now focusing on exporting (products) to the world’s developed nations,” he added.
With that in mind, Walton is participating and showcasing its products and services in international business conferences and trade fairs. It participated in Canton Fair in China, Logos Fair in Nigeria, Electronic Fair in UAE and Kenya (KITE); most recently Chillventa Exhibition in Germany.
Walton is also planning to attend popular consumer electronics festivals, including IFA fair in Berlin and CES in Las Vegas.