Dhaka, Feb 9 (UNB)— Commerce Minister Tipu Munshi on Saturday said the month-long Dhaka International Trade Fair (DITF) concluded successfully, drawing large crowds and getting more export orders compared to previous years.
“This fair helped to popularise many local products. So the import of those products will decrease and save us foreign currencies. Some of our new products can attract foreign buyers,” he said at the DITF conclusion ceremony at Sher-e-Bangla Nagar.
Munshi said the fair had more than five million visitors this year and that the business was good. He said it would be difficult to organise DITF in Purbachal because of limited space.
“Our export order increased to around Tk200 crore,” he said. The amount was around Tk 165 crore last year.
The minister noted that around 83 percent of Bangladesh’s export income comes from the garments sector. He emphasised focusing on other products to decrease dependency on RMG goods and develop markets.
Former commerce minister Tofail Ahmed said the export earnings would rise to Tk 60 billion by 2041.
Minister Munshi handed over crests to exhibitors for the best pavilion, VAT payers and senior government officials who assisted in DITF.
The fair has been jointly organised by the EPB and Ministry of Commerce since 1995. The authorities concerned extended the fair by one day this year at the request of the exhibitors.
Dhaka, Feb 7 (UNB)- A large number of buyers and visitors are gathering at Marcel pavilion to pick up their desired electronics and electrical appliances at affordable and discounted prices before the end of the ongoing month-long Dhaka International Trade Fair-2019.
During several visits to the premises of the fair during the last couple of days, it was found that a large number of buyers were swarming to the Marcel pavilion on to pick up their desired appliances. The sales executives of the local pavilion were also passing very busy hours in dealing with the huge customers’ flow.
At Marcel pavilion, they are offering 12 percent cash discounts on its all models of refrigerators and freezers. Customers of Marcel LED and Smart televisions are enjoying 12 percent and 15 percent cash discounts respectively. A flat 15 percent discount is offered to the air conditioners’ customers. The buyers of home appliances at Marcel Pavilion are getting 10 to 12 percent discounts.
Customers of Marcel fridges, televisions and air conditioners can also get various sorts of attractive awards like confirm cash vouchers up to tk 1 lakh, free motorcycle, laptop, refrigerator, television, air conditioner and other sorts of home and electrical appliances through registering products purchased from Marcel Pavilion in the DITF-19 under the company’s ongoing nationwide Digital Campaign Season 4.
In the last moment of this expo, a good number of buyers are thronging Marcel Pavilion to purchase highest standard fridges, televisions, laptops, smartphones and other sorts of appliances, he said and hoped that the participation of Marcel in this year DITF would be successful.
At the first floor of the Marcel Pavilion, total of 72 huge energy saving fridges are showcased, of which 58 models of frost, 2 models of non-frost and 12 models of freezers.
Marcel is displaying total of 20 models of huge energy saving world’s latest technologies’ air conditioners in the DITF like IoT based Smart AC, inverter and ionizer technologies ACs.
In addition, Marcel Pavilion was decorated with 72 models of LED and Smart TVs; 6 models of microwave ovens, pressure cookers and irons; 27 models of LPG and NG-run single and double burners’ gas stoves; 24 models of LED lights; 14 models of blenders; 9 models of rechargeable table fans; 7 models of rechargeable batteries; 5 models of electric kettles, kitchen cookware and ceiling fans; 4 models of room heater; 2 models of voltage stabilizers and auto voltage protectors, washing machine, induction cooker and wall fan.
Dhaka, Feb 7 (UNB)- A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Thursday at Islami Bank Tower in city.
Presided over by Professor Md Nazmul Hassan, PhD, Chairman of the bank, the meeting was attended by the Directors, Md Mahbub ul Alam, Managing Director & CEO and JQM Habibullah, FCS, Deputy Managing Director & Company Secretary of the Bank.
Dhaka, Feb 6 (UNB) - Bangladesh Shop Owners' Association (BSOA) on Wednesday urged the government to end the month-long Dhaka International Trade Fair (DITF) 2019 saying it was hampering their business.
At a press conference in a Dhaka hotel, they demanded that fairs, including DITF, must not extend beyond seven days.
“DITF originally started to draw international attention towards Bangladeshi products but it has turned into a showcase of low-grade products,” BSOA Chairman Helal Uddin claimed.
He said the Export Promotion Bureau (EPB), seeking to make profits, turned the fair into a trade joint for local manufacturers. “This approach has made international companies lose interest in DITF,” he said.
“A fair of this scale hurts the business of almost half a million shops in the city, causing an estimated financial damage of Tk 2,500 crores,” Helal claimed, noting that discounts on various products at DITF forces dealers outside the fair to sell goods at cheap prices.
BSOA warned that they would launch demonstrations if their demands are not met.