Dhaka, Apr 30 (UNB) – Private Industry and Investment Adviser to the Prime Minister and Member of the Parliament (MP) Salman F. Rahman, on Tuesday emphasized on preparation for Fourth Industrial Revolution in a programme at Hotel Westin Dhaka in the capital.
Salman F. Rahman came up with the observation at a business luncheon on Fourth Industrial Revolution - Preparation as the chief guest organised by Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) supported by BBS Cables Ltd, said a press release.
The adviser urged the business leaders to prepare themselves to face challenges of the fourth industrial revolution adding that “Challenges will be created as the upcoming fourth industrial revolution will be extremely tough.”
Amir Farid Abu Hasan said due to industrial automation in developed countries, currently new employment opportunities are being created, while the traditional professions were abolishing.
“Already, the negative impacts of automation have fallen on the ASEAN countries; as a result, a large number of people have become jobless.”, he said suggesting all involvement of researchers, innovators, policy-makers and citizens to be informed, adequately trained to ensure building a better future.
Syed Moazzam Hossain, President of BMCCI welcomed the guests and said that the new age is differentiated by the speed of technological breakthroughs, the pervasiveness of scope and the tremendous impact of new systems.
Salman also received a crest from BMCCI President Syed Moazzam Hossain for his achievements while Amir Farid Abu Hasan, Acting High Commissioner of High Commission of Malaysia, Raquib Mohammad Fakhrul, Vice President of BMCCI and Shabbir Ahmed Khan, Secretary General of BMCCI were present.
BMCCI members, presidents of leading Chambers and Associations, bankers, Government officials, business leaders, media personalities, and journalists took part in the Business Luncheon.
Dhaka, Apr 29 (UNB)- State Minister for Primary and Mass Education Md. Zakir Hossain was impressed with the progress of manufacturing technology products in Walton factory.
“Witnessing the giant activities of Walton today, it is quite impressive and unimaginable. I got a great knowledge on the production of latest technologies’ appliances within Bangladesh. Truly, I am impressed. Bangladesh would be enlisted in developed countries if more industries like Walton is established,” the minister made the remarks while visiting Walton Hi-Tech Industries Limited (WHIL) at Chandra, Kaliakoir in Gazipur on Saturday last (April 27, 2019).
Praising the bold initiatives of Walton in manufacturing world-class technology products in Bangladesh, he called upon the local entrepreneurs for establishing more industries like Walton.
Earlier, WHIL’s Vice-Chairman SM Shamsul Alam and Director Raisa Sigma Hima welcomed the minister and his entourage to Walton factory with a flower bouquet.
The company’s Executive Directors Humayun Kabir, Alamgir Alam Sarker, Col. (Retd.) SM Shahadat Alam and Liakat Ali, Additional Operative Director Sohel Rana, Senior Additional Director Mohsin Ali Molla, Media Adviser Enayet Ferdous, among others, were also present.
After reaching WHIL, the minister and his entourage watched the company’s corporate documentary and then they visited the products’ display center and various manufacturing units like metal casting, compressor, SMT production, PCB, computer and mobile phone.
Mentionable, Walton established an advanced factory on 700 acres of lands at Kaliakoir in Gazipur. They are manufacturing highest standards fridge, TV, AC, laptop, computer, mobile phone, lift and other sorts of home and electrical appliances.
Various separate departments like Product Research and Development Centers, Quality Control Department and International Business Unit have been set up in Walton factory.
The ‘Made in Bangladesh’ labeled Walton appliances have been exporting to various countries of the world. Now, Walton target is to capture a remarkable portion of the global market. In this context, they are going to manufacture five best global models of smart refrigerators in terms of craftsmanship, highest standard, volumes, affordability and latest features.
Dhaka, Apr 29 (UNB)- Khulna, Barishal and Jashore zones of Islami Bank Bangladesh Limited (IBBL) organised a workshop on "Prevention of Money Laundering and Terrorist Financing" in Khulna zone office from April 26 to 27.
Abu Reza Md Yeahia, Deputy Managing Director and CAMLCO of the bank addressed keynote speech as chief guest at the workshop.
Md Yeahia said that illegal money is the driving force of crimes like drug, money laundering and terrorism.
He called upon the anti-money laundering officers of zones and branches to work more carefully to prevent money laundering and financing of terrorism.
Heads of the branches, executives and officers of Khulna, Barishal and Jashore zone took part in the workshop.
Dhaka, Apr 28 (UNB) - Islami Bank Bangladesh Limited (IBBL) inaugurated its agent banking outlet at Janata Bazar in Adarsha Sadar Upazila.
Mahbub ul Alam, Managing Director and CEO of the Bank inaugurated the outlet as a chief guest, said a press release on Sunday.
Presided over by Md Mosharraf Hossain, Executive Vice President of the Bank and Head of Cumilla Zone, the program was addressed by Kazi Mozammel Haque, Chairman of Amratoli Union Parishad as special guest.
Md Nasir Uddin, Senior Vice President and Head of Cumilla Branch addressed welcome speech on the occasion.
Local businessmen, professionals and dignitaries were present on the occasion.
Dhaka, April 28 (UNB) - European Ambassadors on Sunday called on the government to take practical action with a view to improve the ease of doing business in Bangladesh.
The Heads of Mission of the European Union, Denmark, France, Germany, Italy, the Netherlands, Spain, Sweden, the United Kingdom made the call while participating in the 5th plenary of the EU-Bangladesh Business Climate Dialogue held at the Commerce Ministry.
Commerce Minister Tipu Munshi chaired the dialogue while Commerce Secretary M Mofizul Islam and European Union Ambassador RensjeTeerinkco were present.
Senior officials from relevant Ministries and agencies as well as by the Heads of Diplomatic Missions of the EU Member States and representatives of the EU private sector in Bangladesh were also present.
The EU-Bangladesh Business Climate dialogue was initiated in May 2016 between the EU Business Council in Dhaka and the Commerce Ministry, with the aim to jointly remove impediments that obstruct EU trade and investment in Bangladesh.
The Heads of Mission underlined that the Business Climate Dialogue is a good opportunity for Bangladesh to seek feedback from important EU stakeholders on improving the business environment and, by doing so, attract more EU trade and investment to the country.
This would be beneficial both to Bangladesh and the EU, said the EU Embassy in Dhaka.
They noted that the policy reform process in Bangladesh has proved to be lengthy and complex.
Regulatory unpredictability, uncertainty, and the lack of coherence in policy implementation are major barriers to doing business, as highlighted in recent international and domestic reports.
They called on the dialogue to be used by both sides as a vehicle to deliver improvements.
They said that there is a need for action in favour of reform at all levels within the Ministries.
Political declarations should be accompanied with corresponding actions aimed at improving the modus operandi within the administrations.
The Heads of Mission further suggested the government to take steps to make doing business easy and fair for all.
They expressed a desire that the Government will carry out in a timely manner necessary policy reforms in favour of a transparent, accountable and predictable regulatory regime in order to encourage more trade and investment from Europe.
The Heads of Mission fully endorsed Prime Minister Sheikh Hasina’s vision to secure by 2021 double-digit ranking for Bangladesh in the World Bank’s ease of doing business index from the current 176th position out of 190 countries.
They welcomed the willingness expressed by the Commerce Minister to address shortcomings in the Dialogue by producing a time-bound Action Plan on trade policy reforms implementation with precise outputs.
They sensed a new energy in the Dialogue further to the Minister's engagement in resolving existing challenges in the Joint Working Groups deliberations.
Among other issues, they stressed that reducing any uncertainty in the current tax regime is crucial.
Keeping on the horizon the national visions to become middle income economy by 2021 as well as secure a sustainable LDC graduation in 2024, the EU Heads of Mission see great potential in Bangladesh for further bilateral trade and investment.
EU as Bangladesh’s largest trade, development and humanitarian partner will continue to work constructively with the Government of Bangladesh towards better trade and investment relations.
The next meeting of the EU-Bangladesh Business Climate Dialogue with the Commerce Minister will be held in six months' time.
The envoys hoped that significant progress in terms of policy reforms will have been achieved by then.