Dhaka, Oct 15 (UNB) - A daylong training workshop on ‘RMG Financing’ organised by Al-Arafah Islami Bank Training and Research Institute (AIBTRI) was held in the city on Monday.
Managing Director and CEO of the bank Farman R Chowdhury inaugurated the workshop as the chief guest, said a press release.
Principal of the AIBTRI and bank Executive Vice-president Md Abdur Rahim Duary and Assistant Vice-president Mujibur Rahman Rahman were also present on the occasion.
Selected Foreign Exchange and Investment Desk officials participated in the workshop.
Dhaka, Oct 7 (UNB) - Finance Minister AMA Muhith on Sunday said Bangladesh will reach a greater height on economic front if Sheikh Hasina remains in power for another five years.
“If we can bring back Sheikh Hasina to power for another five years, Bangladesh will reach such a position from where it’ll turn into a prosperous country within 10-15 years,” he said while inaugurating the celebrations of the World Investor Week 2018 in the city.
Bangladesh Securities and Exchange Commission (BSEC) arranged a number of programmes, including discussions and seminars at Krishibid Institution, marking the Week from October 7 to 11. The weeklong celebration focuses on financial literacy, protection of investors particularly retail investors and awareness of investors.
The Finance Minister said he thinks that the next five years are important as different targets, including SDGs, will be achieved by and large by the time.
“If we can do so (bringing Hasina to power for another five years), the dream of making Bangladesh as a prosperous country by 2041, which is always shown by our Prime Minister, will truly be fulfilled. It’s my belief,” he said.
Mentioning that Bangladesh marked a remarkable economic development in the last 10 years, Muhith said Sheikh Hasina’s government has been in power for 10 years in a row, which is good for the nation.
About investment, the Finance Minister said the government has taken the country’s overall investment to more than 30 percent of GDP.
The private sector can play an important role in increasing the investment but the government has also some responsibilities in this regard. The government increased the public investment largely in the last 10 years, he said.
Though the investment of Bangladesh is lower compared to that of other neighbouring countries, it is expected that the investment of Bangladesh will go up to some extent further, he added.
Turning to the capital market, Muhith said it experienced major crashes on two occasions, which made all worried about the capital market. This worry led the Securities and Exchange Commission to carry out efforts to revamp the capital market in the last eight years, he added.
“I don’t say we could build a (strong) capital market in the 25 years after formation the Securities and Exchange Commission, but we could set up a foundation so that the capital market can thrive,” the minister said.
Delivering the welcome speech, BSEC Chairman Dr M Khairul Hossain said the knowledge of investors is the main element for the protection of their own investment.
Creating a congenial environment and brining good companies in the capital market are also two important elements for protecting the interest of investors, he said.
Financial Institutions Division Secretary Md Ashadul Islam also spoke on the occasion.
The World Investor Week is a global campaign promoted by the International Organisation of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection.
This year, the Week is being celebrated for the second time across the world.
Dhaka, Oct 4 (UNB) - Delta Medical College in Dhaka on Wednesday received a brand new car after one of its officials bought two air-conditioners from Walton and registered those under Walton’s ongoing Digital Campaign season-3.
The medical college is the second recipient of a new car after local electronics giant Walton launched its new digital campaign to make its after-sales service swifter and easier for customers.
Earlier on September 20, a retail tea seller in Chuadanga got another car after purchasing a Walton television and registering it under Digital Campaign.
The new car was handed over to a representative of Delta Medical College on Thursday at Walton Corporate Office in city.
Eva Rezwana, Executive Director of Walton and Imdadul Haq Milon, Editor, Daily Kaler Kantho, also a novelist, handed over the key of the car to Md. Sala Uddin, Secretary, Delta Medical College, who received it on behalf of his institution.
Walton Group Executive Directors Amdadul Hoque Sarker, Md. Humayun Kabir, Md. Rayhan, Additional Operative Director Dr. Md. Shakhawat Hossen, General Manager (Accounts and Finance) of Delta Medical College Md. Mujibur Rahman, Internal Auditor Md. Nasir Uddowla and Accounts Officer Shawkat Iqbal were among others present on the occasion.
Nasir Uddowla said, he went to Walton Plaza in Mirpur-1 to buy two air-conditioners for Delta Medical College on Wednesday. After purchasing a 2-ton and another 1.5-ton AC, he registered the products using his official cell phone number and instantly received an SMS announcing him as the lucky winner of a new car from Walton. He immediately informed it to higher authority.
Mujibur Rahman, GM, (Accounts and Finance) to Delta Medical College said, they earlier purchased at least 10 refrigerators, 12 air-conditioners and 2 television sets from Walton which are providing excellent service for which the trusty board of the institution strongly recommended to buy electronics products from Walton.
According to them, Walton is a local brand and its products are excellent in quality but affordable in prices. He said, the new car will serve the transportation section of the institution.
According to Walton, the local brand is conducting ‘Digital Campaign’ across the country to accelerate the initiative of building customers database for delivering online-based swift and best aftersales service to the customers. Prior to Season-3, Walton conducted the campaign’s Season 1 from April 1 to June 30 and the Season-2 from July 1 to August 30 this year. In these previous campaign seasons, six customers got brand new cars, four received air tickets to USA and Russia while many other customers got motorcycles, air-conditioners, televisions or sure cash back.
Dhaka, Oct 1 (UNB) – Commerce Minister Tofail Ahmed has inaugurated a newly built glass door manufacturing unit of Walton at the Walton Hi-Tech Industries Limited (WHIL) in Chandra, Gazipur.
During the opening ceremony, the minister on Sunday appreciated the wide ranges of products manufacturing units, processes as well as sound working environment at the WHIL, said a press release today.
“Walton is one of the giant industrial units in Bangladesh. It achieved goodwill in the international markets through delivering quality appliances,” said the minister hoping that Walton will be emerged as one of the global premier brands very soon.
He also assured of providing cash incentives to the local electronics appliances’ exporters.
Just after the 10 years of starting local production, Walton is now manufacturing 25 types of essential electronics appliances like televisions, fridges, laptops, mobile phones and other appliances.
The press release said Walton has created direct employment for 20,000 personnel and indirect employment for more 60,000 people.
Earlier, WHIL’s Chairman SM Nurul Alam, Vice-Chairman SM Shamsul Alam, Managing Director SM Ashraful Alam and Walton Digi-Tech Corporation’s Chairman SM Rezaul Alam, SM Monjurul Alam, Walton Group’s Director Raisa Sigma Hima welcomed the commerce minister at the factory premises with bouquet.
Among others, Walton Group’s Executive Directors SM Zahid Hasan and Md. Humayun Kabir, Deputy Executive Director Uday Hakim, Senior Operative Director Golam Morshed, Operative Director Md. Firoj Alam and other high officials of the company were present at the function.
After visiting different production units like refrigerator and compressor units, Commerce Minister Tofail Ahmed inaugurated the newly built Walton Glass Door Manufacturing Unit through cutting ribbon.
Walton Glass Door Manufacturing Unit went into operation in April this year while the formal commencement of the Unit was held on Sunday.
Currently, 1,000 sets of glass doors are being produced in a day, which would be increased to 5,000 by mid-2019.
Dhaka, Sept 30 (UNB)- Prominent Banker, Farman R Chowdhury joined the Al-Arafah Islami Bank Limited (AIBL) as Managing Director and CEO on Sunday.
He will formally start his duty from Monday.
Farman R Chowdhury was the managing director and CEO of Shahjalal Islami Bank Limited and ONE Bank Limited and served there 5 years and 6 years respectively, a press release said.
Chowdhury started his banking career in October 1986 as a management trainee in American Express Bank and served there for 12 years in various capacities.
Later, he joined ONE Bank Ltd. in July of 1999 as its first branch manager and served there up to July 2013 including holding the position of managing director for 6 (six) years.
Farman R Chowdhury holds MBA degree from IBA of the University of Dhaka.