Friday, April 19, 2024

Top exporters get HSBC awards

HSBC Bangladesh yesterday awarded six exporters for their contribution to promoting Bangladeshi products on the international market.
Finance Minister AMA Muhith handed out the prestigious “HSBC Export Excellence Awards, 2011” to the winners at Radisson Hotel in the capital.
The winners were Zaber & Zubair Fabrics, Urmi Group, Qualitex Group, Pran Group, Janata Jute Mills and Bay Footwear.
The third HSBC export excellence awards honoured winners from five categories: readymade garments and textiles exporters (Group-A and Group-B), EPZ enterprises, traditional and emerging sectors, and small and medium enterprises.
Each exporter was given the “Exporter of the Year” trophy for promoting the “Made in Bangladesh” mark throughout the world.
Zaber & Zubair Fabrics, a company manufacturing various home textile products for export mostly to Europe and North America, got the award under RMG and Textile: Group A, for companies with an annual export turnover of over $50 million.
Md Nurul Islam, chairman of Noman Group, the owning company of Zaber & Zubair Fabrics, received the award on behalf of the company.
Urmi Group, a woven garments and fabrics manufacturer, got the award under RMG and Textile: Group-B, for companies with an annual export turnover of less than $50 million.
Director of the group Asif Ashraf received the award.
Qualitex Group, a fully export-oriented towel manufacturing company, won the award under the Exporters in the Export Processing Zones of Bangladesh category.
Qualitex General Manager Altaf Awan received the award on behalf of the company.
Pran Group and Janata Jute Mills were jointly awarded under the Exporters in the Traditional and Emerging Sectors category with an annual export turnover of more than $3 million.
Amjad Khan Chowdhury, chief executive officer of Pran-RFL Group, which produces and reprocesses agricultural products, received the award on behalf of the company while Janata Jute Mills Director Saiduzzaman Khan received the award.
The award under Small and Medium Enterprises category with an annual export turnover of less than $3 million went to Bay Footwear Ltd, a leather footwear manufacturer that exports vulcanised safety shoes and other shoes primarily to Europe & East Asia.
Ziaur Rahman, managing director of Bay Footwear, received the award.
Speaking as the chief guest, the finance minister said Bangladesh had huge prospect to grow further as the country developed the necessary skills to compete in the global market.
He said the Bangladesh economy had witnessed a positive growth due to the presence of three key elements: progressive cultivator, productive industrial workers and vibrant entrepreneurs.
Atiur Rahman, governor of Bangladesh Bank, said, “Our exporters resiliently maintained positive export growth even at the peak of the global financial crisis.”
He said awards like this one acclaiming excellence in export performance were important confidence boosters that inspire exporters to aim for newer heights.
HSBC’s Group General Manager and Head of Commercial Banking Asia Pacific Noel P Quinn said the key activity of banking was to make good relationship with customers rather than focusing only on transactions.
He said Bangladesh was in the top 20 markets for HSBC.
Andrew Tilke, chief executive officer of HSBC Bangladesh, said, “I congratulate the winners for their achievements and also for the important role they play in Bangladesh’s development and prosperity.”
He said Bangladesh had three key advantages: geographical location between India and China, cost competitiveness, and strong entrepreneurial sprit fuelling economic growth of the county.
Mahbub-ur-Rahman, head of corporate banking of HSBC Bangladesh, said, “With its global presence, international connectivity and world-class trade solutions, HSBC is passionately committed to helping exporters unlock a world of potential.”
“We want to see Bangladesh from a trade deficit country to a trade surplus county within the next 10 years,” he said.
HSBC also paid special tribute to Samson H Chowdhury, the founder chairman of Square Group, who died on January 5 this year.
The Daily Star, Prothom Alo, KPMG and Bangladesh Brand Forum worked as HSBC’s strategic partners in the initiative.
Mahfuz Anam, editor and publisher of The Daily Star; Matiur Rahman, editor and publisher of Prothom Alo; and Adeeb H Khan, senior partner of KPMG were also present.

-With The Daily Star input

Related News

Shwapno opens new outlet in Pabna

Business Desk : dhakamirror.com Popular retail chain shop “Shwapno” has opened a new outlet in Pabna’s Sujanagar at Molla Super Market. The inauguration took place at 5:30pm on 30 December, reads a press release. Present at the event were Ahmed Firoz Kabir, Member of Parliament for Pabna-2 (Sujanagar, Aminpur), Chairman Shahinujjaman Shahin of Sujanagar Upazila, ... Read more

Shwapno launches new outlet at Bashundhara

Business Desk : dhakamirror.com Shwapno, the largest retail chain in Bangladesh, launched an outlet in the Bashundhara area on Thursday offering a month-long discount with a home delivery facility. On behalf of Bashundhara Group, media advisor Mohammad Abu Tayeb inaugurated the outlet as guest of honour at the Rupayan shopping centre in the residential area, ... Read more

With ‘Face ID’ and ‘Fingerprint’ login bKash app is now more secure, user-friendly

Business Desk : dhakamirror.com bKash app introduces biometric ‘Face ID’ and ‘Fingerprint’ login features to make users’ daily transactions easier and safer. Alongside, exciting new features – ‘Group Send Money’, ‘Request Money’, ‘Savings Marketplace’ and selecting ‘Default Card’ to use the ‘Add money’ service from VISA card to bKash – are also included in the ... Read more

Grameenphone wins ‘Bangladesh Sustainability Excellence Awards 2023’ in Financial Inclusion

Business Desk : dhakamirror.com It was an evening to rejoice and remember for Grameenphone at the Bangladesh Sustainability Excellence Awards 2023, as the organization’s sincere efforts with flagship initiatives GP Accelerator and GP Academy received due recognition. Renowned media house The Daily Star, along with CSR Window, honored the winners at the Bangladesh Sustainability Excellence ... Read more

Banglalink wins the best sustainability award

Business Desk : dhakamirror.com Banglalink has won the ‘Best Sustainability Excellence Initiative’ award in the ‘Disaster Response’ category at the ‘Bangladesh Sustainability Excellence Awards 2023,’ jointly presented by The Daily Star and CSR Window Bangladesh. The award is in recognition of Banglalink’s contribution to societal welfare through the innovative integration of an Early Warning System ... Read more

StanChart wins Mastercard Excellence Awards

Business Desk : dhakamirror.com Standard Chartered Bangladesh has clinched awards in three categories at the “Mastercard Excellence Awards 2023”. The categories are “Excellence in Mastercard Contactless (Issuing)”, “Excellence in Mastercard Credit Business (International)”, and “Excellence in Mastercard Business (Innovation)”. Naser Ezaz Bijoy, chief executive officer of the multinational bank, received an award from Atiur Rahman, ... Read more

Nagad wins Mastercard Excellence Award 2023

Business Desk : dhakamirror.com Nagad, a popular mobile financial service provider in Bangladesh, has clinched “Mastercard Excellence Award” 2023 for its contribution to credit card bill payments. The mobile money carrier has been honoured with this prestigious award as the “Master Evolution”, reads a press release. On behalf of his company, Nagad’s Executive Director Maruful ... Read more

Prime Bank clinches Mastercard Excellence Awards 2023

Business Desk : dhakamirror.com Prime Bank PLC, a leading private commercial bank of the country, has won Mastercard Excellence Awards 2023 for Debit Business (Domestic) category. Nazeem A Choudhury, deputy managing director of the bank, and Masudul Haque Bhuiyan, head of Cards & Alternative Delivery Channel, received the award from Dr Atiur Rahman, former governor ... Read more

Zakia Rouf Chowdhury elected as vice chairman of Bank Asia

Business Desk : dhakamirror.com Zakia Rouf Chowdhury has been elected as Vice Chairman of Bank Asia Limited recently at the 508th meeting of the Board of Directors of the bank. She has an illustrious business career of more than 35 years in the private sector of Bangladesh. Since inception, she has been holding leadership positions ... Read more

Yamaha celebrates 7 years with ACI Motors

Business Desk : dhakamirror.com ACI Marts is the sole distributor and technical collaboration partner of Yamaha motorcycles in Bangladesh. ACI Motors started its journey in 2007 as a subsidiary of renowned company ACI Limited. In 2016, Yamaha started a new journey in Bangladesh with ACI Motors. At present, more than 116 Yamaha 3S (Sales, Service ... Read more

Walton boosts TV exports to Denmark, Ireland

Business Desk : dhakamirror.com Bangladeshi global electronics brand Walton has boosted up its exports of television to Denmark, Ireland and other European countries as the demand of Walton television goes high in those countries in recent times, according to a press release. Walton Global Business Unit’s Vice-President Syed Al Imran said that Walton has been ... Read more

Mutual Trust Bank launches privilege centres in Dhaka

Business Desk : dhakamirror.com Mutual Trust Bank Ltd recently launched its two revamped privilege centres in Dhanmondi and Uttara celebrating “MTB Retail Fest 2023”. Syed Mahbubur Rahman, managing director and CEO of the bank, inaugurated the centres as the chief guest, said a press release. Privilege Banking customers enjoy a wide range of exclusive benefits, ... Read more

Prime Bank Investment launches PrimeInvest

Business Desk : dhakamirror.com Prime Bank Investment Ltd (PBIL), a subsidiary of Prime Bank, launched PrimeInvest, a comprehensive discretionary product suite that aims to foster access to investment for individuals and institutional investors. CQK Mustaq Ahmed, chairman of PBIL, inaugurated the product at its head office in Banani in the capital, said a press release. ... Read more

Midland Bank strikes deal with Bangladesh Bank

Business Desk : dhakamirror.com Midland Bank Ltd recently signed a participation agreement with the Financial Sector Support and Strategic Planning Department (FSSSPD) of the Bangladesh Bank for availing refinance facility in US dollars. Liza Fahmida, director of the BB department, and Md Ahsan-uz Zaman, managing director of Midland Bank, inked the deal at the BB ... Read more

National Bank signs deal with Bangladesh Bank

Business Desk : dhakamirror.com National Bank Ltd has signed an agreement on “Financial Inclusion Credit Guarantee Scheme” with Bangladesh Bank, aiming to boost financing to cottage, micro, small and medium enterprises (CMSME). Manoj Kumar Howlader, director of the credit guarantee department of the central bank, and Md Mehmood Husain, managing director and CEO of National ... Read more

foodpanda and Toffee: Doubling Up on Benefits for Customers

Business Desk : dhakamirror.com foodpanda Bangladesh partnered with Toffee of Banglalink Digital Communications Ltd, a digital streaming entertainment app, to enhance the experience of Toffee subscribers by offering them exclusive foodpanda discount vouchers. An agreement has been signed between Toffee and foodpanda on this partnership on Thursday, reads a press release. Through this partnership, any ... Read more

US-Bangla gets recognition of IATA

Business Desk : dhakamirror.com US-Bangla Airlines, one of the largest airlines in Bangladesh, has become the first domestic private airline to be recognised as an International Air Transport Association (IATA) airline. By 2023, 18 airlines in the world have achieved accreditation as IATA Airlines, among which US-Bangla is one, reads a press release. Although several ... Read more

Emirates crowned as 2024 APEX World Class Airline

Business Desk : dhakamirror.com Having mastered the guest experience and providing exceptional customer service, Emirates was recently named a 2024 APEX World Class Airline winner at the 2024 APEX/IFSA Awards, held in Long Beach, California. Emirates is one of just eight airlines globally to achieve this accolade, reads a press release. Emirates also received a ... Read more

LAYS launches campaign with Shakib Al Hasan, Soumya Sarkar and Taskin Ahmed Tazim

Business Desk : dhakamirror.com Lay’s, one of the world’s most loved potato chip brands under the PepsiCo umbrella, has launched an engaging campaign featuring Bangladesh cricket stars Shakib Al Hasan, Taskin Ahmed and Soumya Sarkar as its brand ambassadors. Together, this dynamic trio will play essential roles in the upcoming Lay’s campaigns, endorsing the brand ... Read more

1,000 can win bKash World Cup Quiz everyday

Business Desk : dhakamirror.com A thousand winners can get Tk50 each everyday by participating in the bKash World Cup quiz. By answering 3 simple cricket related questions in the shortest possible time and making a transaction through bKash app one can win the prize. The quiz competition will continue till October 25, reads a press ... Read more