local-business
DBH wins gold at ICSB National Award
Delta Brac Housing Finance Corporation (DBH) has won gold at the 8th ICSB National Award 2020 for corporate governance excellence in the non-bank financial institution (NBFI) category.
The award ceremony, hosted by the Institute of Chartered Secretaries of Bangladesh (ICSB), was held in the capital recently.
Read: 50 years of Bangladesh's independence: Singer offers 50% discount on special edition refrigerators
Company Secretary of DBH Md Jashim Uddin received the trophy and certificate from Commerce Minister Tipu Munshi.
Nasimul Baten, managing director and CEO of DBH, said, "We received the "Gold Award" from the ICSB for corporate governance excellence in the NBFI category in 2018 and 2019 as well. This recognition will inspire us to continue to strive for excellence."
Read Delta Brac Housing opens its 13 th branch in Rajshahi
50 years of Bangladesh's independence: Singer offers 50% discount on special edition refrigerators
Electronics and home appliances retailer Singer Bangladesh has come up with a 50 per cent discount on its special edition refrigerators to celebrate 50 years of Bangladesh's independence.
The designs of the refrigerators are inspired by the 1971 Liberation War and the celebration of victory.
Read: Singer brings Instant Water Heater
Chandana Samarasinghe, marketing director of Singer Bangladesh, said: "Singer Bangladesh is proud to be a part of the celebration of 50 years of Bangladesh's independence."
In March this year, Singer launched a year-long programme to mark and commemorate the 50 years of Bangladesh's independence with special edition products and offers.
Dhaka, Moscow resolve to enhance areas of cooperation
The 3rd session of the Bangladesh-Russia intergovernmental commission on trade, economic, scientific, and technical cooperation was held on a virtual platform Wednesday.
The Russian side was led by Ilya V. Shestakov, head of the federal agency for fisheries, co-chair of the commission, and the Bangladesh side was led by co-chair of the commission and secretary, Economic Relations Division, Fatima Yasmin. The Commission meeting followed by two days of expert level meetings held during 13-14 December 2021.
Read:Jewelry sector holds potentials to grow in Bangladesh: BAJUS leaders
The Sides discussed the aspects of cooperation in the areas of Trade and Economic cooperation, Power and Energy, Atomic Energy, Aviation Industry, Fisheries and Livestock, Smooth Banking Transaction, Geological research, Information and Communication Technology, Industry, Space and Satellite, Education and Culture.
They identified some relevant areas of cooperation in several sectors. The Russian Side expressed their readiness to offer cooperation. Bangladesh Side also highlighted the areas where it needs cooperation from Russia. The sides agreed to cooperate in various areas of development in order to reap the maximum benefits.
Both countries discussed cooperation between the business organizations; business to business direct contact; issues of ship building and railway industries; complex fertilizer production; establishment of agro-based industries; modernization of Ghorashal TPP Units 1 and 2; services for inspection and monitoring of Karnafuli HPP; peaceful and safe use of atomic energy; timely commissioning of Rooppur Nuclear Power Plant and its maintenance; radiation protection and environment monitoring, radioactive waste management; use of radioisotope in agriculture and medicine; animal vaccine production, installation of disease diagnostic lab for livestock sector in Bangladesh; deep sea and marine fishing; cooperation between Bangladesh bank and Bank of Russia for smooth banking transaction; geological exploration and seismic survey for oil and gas exploration in offshore areas of Bangladesh; cyber security; establishment of Russia-Bangladesh technical training institute in Bangladesh for human resources development in all trades according to labour market demand; cooperation in the fields of railway and maritime transport, and tourism sector.
Read:DCCI urges NBR to simplify tax policy for business growth
They highlighted the importance of the event and expressed willingness to consistently implement the decisions adopted in the meeting.
The sides noted the close and cordial relations between the two countries covering aspects of mutual interest.
The 4th Session of the meeting will be held in December 2022 in Russia.
Finally, a protocol was formulated during the session of the commission covering all aspects, discussions and results. The Protocol will be signed after its final form i agreed between the two friendly partners.
Jewelry sector holds potentials to grow in Bangladesh: BAJUS leaders
Leaders of Bangladesh Jewelry Samity (BAJUS) on Wednesday said the Jewelry sector has a lot of potential to grow in Bangladesh, but it has not flourished much.
They urged the government to reduce tax gold import to enhance the business of jewellers.
BAJUS leaders said this as the newly elected committee of the BAJUS took over for the period of 2021-23.
The new committee is headed by President Sayem Sobhan Anvir, the founder of the country’s first gold refinery and General Secretary Dilip Kumar Agarwala.
Read:DCCI urges NBR to simplify tax policy for business growth
Md Jashim Uddin, president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) was present at the function as the chief guest.
The newly elected seven vice-presidents are Gulzar Ahmed, owner of Apan Jewellers; Anwar Hossain of New General Jewellers Ltd, MA Hannan Azad of Alankar Niketan (Pvt) Ltd, Badal Chandra Roy of Jarwa House (Pvt) Ltd, Dr Dewan Aminul Islam of Siraj Jewellers, Md Anisur Rahman of L Rahman Jewellers and Kazi Nazneen Islam Nipa of The Amin Jewellers.
The nine elected assistant secretaries are Masudur Rahman of Gold World, Samit Ghosh Apu of Fancy Diamond, Bidhan Malakar of Venus Diamond Collection, Md Joynal Abedin Khokon of Rizvi Jewellers, Md Liton Hawlader of New Sonartari Jewellers, Narayan Chandra Dey of Baishakhi Jewellers, Md Tajul Islam Lavlu of Moni Mala Jewellers, Enamul Haque Bhuiyan Liton of Gold King Jewellers and Mukta Ghosh of Purabi Jewellers (Pvt) Ltd.
Uttam Banik, owner of Messrs Kundan Jewelry House and Jaya Gold, has been elected treasurer of the organization.
There are 16 executive committee members and they are: Owner of Grameen Diamond House and former BAJUS President Dr Dilip Kumar Roy, owner of Sharmin Jewellers and Diamond & Divas and outgoing President of BAJUS Enamul Haque Khan, Mohammad Babul Mia of Sultana Jewellers (Pvt) Ltd, Md Imran Chowdhury of The Diamond Sea, Pabitra Chandra Ghosh of PC Chandra Jewellers, Md Ripnul Hasan of Jewellery House, Alhaj Md Mojibur Rahman Khan of Rahman Jewellers, Bablu Dutta of Messrs Lily Jewellers, Md Shahidul Islam (MD) of Rajnigandha Jewellers Ltd, Joydev Sahaler of The Pearl Oasis Jewellers, Iqbal Uddin of Messrs Sajni Jewellers, Kartik Karmakar of Shatarupa Jewellers, Uttam Ghosh of Aftab Jewellers, Md Ferdous Alam Shaheen of Shaili Jewellers, Kazi Nazneen Hossain Zara of Zara Gold and Mohammad Aslam Khan of Royal Malabar Jewellers (BD) Ltd.
Daraz 12.12 campaign: Realme announces up to 12% discount
Youth-centric brand realme came with up to a 12% discount on its phones at Daraz's 12.12 campaign Sunday.
During this campaign, which will run until December 23, realme GT NEO 2 (8/128GB) will be available for Tk36,283 and GT Master Edition (8/128GB) at Tk31,331, realme 8 5G (8/128GB) at Tk21,058 and realme 8 (8/128GB) for Tk21,038.
Also, flash sales of realme GT Series (GT NEO 2, GT Master Edition) Monday, realme 8 Series (8 5G & 8) will be held Tuesday and the new variant of realme C21Y (3/32GB) Wednesday.
DCCI urges NBR to simplify tax policy for business growth
Business leaders on Sunday urged the NBR to simplify and update the lax law to expedite local as well as foreign direct investment.
They said the private sector contributes 80 per cent of gross domestic product (GDP) in Bangladesh, so the national board of revenue (NBR) should focus on business friendly tax policy.
The demand came from the leaders of Dhaka Chamber of Commerce and Industries (DCCI) while the NBR Chairman Abu Hena Md. Rahmatul Muneem unveiled the Tax Guide on Sunday.
The DCCI regularly publishes tax guides and distributes to its members in order to encourage the members of the Chamber to pay tax.
The NBR Chairman thanked DCCI for publishing tax guides on a regular basis to help the taxpayers and tax professionals.
He said that NBR is relentlessly working to ease the overall taxation system, tax structure, ensure business friendly, quality service and tax automation.
The more the tax structure will be user friendly, the more people will be encouraged to pay tax, he said.
He also said that NBR regularly sits with the trade organizations including Dhaka Chamber before preparing the budget and NBR always tried to consider recommendations placed from DCCI.
Rahmatul Muneem said that a few working committees on technical, research and business aspects may be formed with the representatives from concerned stakeholders and NBR for the overall development of revenue structure.
Moreover, he underscored the importance of capacity development of NBR and for that he said that NBR needs more skilled manpower to meet the growing demand of rapid economic development.
During the occasion, DCCI President Rizwan Rahman said that the tax policy should be simplified and easy so that the mass people and business community can be encouraged to pay tax.
DCCI is happy to work with the NBR hand in hand to create a tax friendly environment in the country and this effort will be continued in future, Rizwan said.
The NBR members, senior officials and leaders of DCCI’s executive committee, were present, among others.
Walton now commercially produces printed circuit boards
Walton Digi-Tech Industries is now producing printed circuit boards (PCBs) as the first Bangladeshi company.
The company is commercially manufacturing various types of sophisticated PCBs following European standards and advanced technologies. The PCBs include single layer, double layer, multi-layer and HDI.
PCB is one of the major components of electrical, electronics and technology products as it is connected to various chips and electrical circuits (ICs). It creates paths and ensures the flow of electricity in different parts.
Engineer Md Liakat Ali, deputy managing director of Walton Digi-Tech, said the Walton PCBs are being manufactured using state-of-the-art European machinery through experienced engineers and technicians.
"There is a huge demand for PCBs in Bangladesh as the local entrepreneurs depend on imports which are quite expensive. Sometimes, they face delays while sourcing PCBs from abroad," Liakat said.
"Walton's PCBs can be used in all types of electrical and technology devices, including computer, television, remote control, LED light, mobile charger, UPS, fan, switch socket."
Othoba.com launches 12.12 campaign Sunday
E-commerce platform Othoba.com will launch the 12.12 campaign Sunday.
The customers will enjoy special discounts during the day-long campaign.
Nur Mohammad Rasel, head of business at Othoba.com, said: "We have come up with more than 10,000 products on our website. Customers can enjoy up to a 93 per cent discount."
"Also they will get a free home delivery service after purchasing a specific amount of products," he added.
50 years of independence: Nagad offers 50% discount on Chorki subscription
On the occasion of the golden jubilee of Bangladesh's independence, mobile financial service Nagad is offering a 50 per cent discount for the subscribers of the over-the-top (OTT) platform Chorki.
The offer was launched recently and will run until January 6.
Niaz Morshed Elite, executive director of Nagad, made the announcement during the release of the trailer of the "Jago Bahe" web series, presented by Nagad, at a hotel in the capital.
Redoan Rony, chief operating officer of Chorki, makers of "Jago Bahe," artists of the series, and the crew were present.
Viewers can enjoy this original series as premium content from Chorki's app and website.
To enjoy the 50 per cent discount through Nagad, they will have to choose a subscription package for one month, six months or a year.
4 Pran-RFL companies get 'Green Factory Award'
Four companies of Pran-RFL Group have received Green Factory Award 2020.
Prime Minister Sheikh Hasina virtually joined the award-giving programme as the chief guest.
State Minister for Labour and Employment Begum Monnujan Sufian handed over the award on behalf of her at a programme in the capital Wednesday.
Read PRAN-RFL Group to generate 5,000 jobs in Rajshahi
The labour and employment ministry introduced the award this year to encourage local industries to invest in green measures.
The Green Factory award was been given in six categories.
Habiganj Agro Limited, a sister concern of Pran, received the award in the food processing category; RFL group sister concerns Banga Building Materials Limited, Allplast Bangladesh Limited and Durable Plastics Limited in the plastic category.
Read PRAN-RFL Group distributing food among 40,000 families
Kamruzzaman Kamal, director (marketing) at Pran-RFL group said, "We have given utmost importance to the environment while designing our factory buildings, infrastructure and other installations and follow the eco-friendly process in every step – from production to marketing."