Thursday, October 10, 2024

Call for branding Bangladesh rings louder

Bangladesh is not known well enough outside and it deserves better.
This was the tone of the discussants at a seminar on branding Bangladesh as they said the country has good ingredients for a strong brand, but lacks initiatives both from the public and private sectors for brightening its image.
They demanded formation of a brand cell headed by a minister and urged all to work together to promote the Bangladesh brand.
American Chamber of Commerce in Bangladesh (AmCham) and Eastern Bank co-organised the seminar at Dhaka Sheraton Hotel yesterday.
Aftab ul Islam, president of AmCham, chaired the seminar attended by brand experts, academicians, bankers and diplomats. The purpose of the event was to raise awareness about the country branding.
James F Moriarty, US ambassador in Bangladesh, said the country has achieved steady economic growth in the last two decades, reduced poverty sharply, improved in education and health indicators and increased farm productivity.
The country is producing world-class garments being sold at many renowned stores across the globe, he said.
“Despite all this, the images of Bangladesh that appear on CNN or BBC are all too often images of natural disasters, poverty and suffering,” Moriarty said.
This lead to the ’64 million dollar question’: how does Bangladesh establish and sustain a positive brand image? he said.
Moriarty said two resources — the Bangladesh diaspora in the US and the business community, both at home and abroad — can help achieve this goal.
“I firmly believe the Bangladesh diaspora in the United States is an underutilised resource that can play a special role in developing and promoting the Bangladesh brand,” he said.
The members of the diaspora have already developed personal connections to many Americans across the country, he said. There are similar diaspora communities in Britain and Australia.
But there must be strategies, he said.
“Bangladesh needs to be strategic in developing its brand. It should consider linking up its diaspora outreach programmes to create a truly global brand,” he said.
Like the diaspora, the US Ambassador said the business community has the capacity to make or break ‘Brand Bangladesh’.
The country has a lot of successes — from health to microfinance and women empowerment — that can be promoted, said Dr Khalid Hasan, managing director of Nielsen Bangladesh, a leading marketing and media information company.
Mobile and television penetration has witnessed an unparalleled growth for the past few years, he said, adding that resilient economic and export growth and a single-digit inflation rate are also the good side of Bangladesh.
“Bangladesh, managing natural calamities, is a model for others,” Khalid Hasan said.
He said an exclusive tourist zone could be set up for full entertainments.
Khalid Hasan, also a vice president of AmCham, however, cautioned about the realities, saying that a deteriorating law and order situation, corruption, infrastructure bottlenecks, poor governance and failure to protect culture and heritage could cost the efforts to brand Bangladesh.
Aly Zaker, managing director of Asiatic Marketing Communications and a renowned actor, termed Bangladesh a multi-faith religious country, not a moderate Muslim one.
“Public-private partnership with multinational intervention can improve Bangladesh brand,” he said.
Prof Syed Frahat Anwar of Institute of Business Administration of Dhaka University criticised the local media for showcasing the country negatively.
Quoting a survey report, he said 93 percent young people are tired of seeing negative news in the media. He asked the media to highlight local products.
But the speakers said branding the country is not an easy task. It is very competitive and requires huge amount of resources to polish the image.
Noor Ali, chairman of Eastern Bank, also spoke.

Courtesy of The Daily Star

Related News

Luxury car sales slow to a near-stop

Market players blame economic and political uncertainty Jagaran Chakma Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh. According to various market insiders, sales have fallen by about 95 percent ... Read more

realme 12: The Speed Dominator launched

Business Desk : dhakamirror.com realme has unveiled its latest handset, the realme 12, in Bangladesh featuring SUPERVOOC charging, fluid performance and photographic prowess. This new device sets unprecedented standards with the ‘Born for Speed’ philosophy in the mid-range segment, reads a press release. At the core of the realme 12 is the Qualcomm Snapdragon chipset, ... Read more

TECNO mobile Bangladesh wins best retailer award 2024

Business Desk : dhakamirror.com TECNO Mobile Bangladesh has been awarded the title of the best retailer of mobile handsets at the prestigious Bangladesh retail congress . This honour is a testament to our unwavering focus on enhancing consumer satisfaction and convenience. We believe that our consumers are at the heart of our success and are ... Read more

Mastercard hold technology conference 2024

Business Desk : dhakamirror.com Mastercard recently organised the “Mastercard Tech Conference Q4, 2024” at a city hotel in Dhaka, Bangladesh, with participants from various banks and financial institutions. Zakia Sultana and Sohail Alim, Directors at Mastercard, Bangladesh, inaugurated the session. Munish Jairath, Director of Technology Account Management, Vageesh Raghavendra, Manager of Technology Account Management, and ... Read more

Stellar performers in Bangladesh travel, tourism and hospitality are honoured

Business Desk : dhakamirror.com The recognition programme, first of its kind in the country, was organised by the travel and tourism publication the Bangladesh Monitor. The programme is supported by Prime Bank PLC, a private-sector financial institution whose commitment to the industry’s growth is unwavering. Online travel agency BuyTickets, travel technology provider Sabre, and tea ... Read more

Businesses urge steps on law and order

Business Desk : dhakamirror.com Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively. Speaking at a seminar titled ‘Current state of the economy and outlook of ... Read more

Walton launches solar hybrid IPS

Business Desk : dhakamirror.com Walton Digi-Tech Industries Limited, a sister concern of Walton Group, recently launched solar hybrid Instant Power Supply (IPS) units, which are environment friendly, renewable and affordable as well. The price caps of these IPS units start from a minimum of Tk 79,500 and maximum Tk 465,000, depending on the inverter and ... Read more

Walton to attend in Canton Fair for the fourth time

Business Desk : dhakamirror.com Global electronics brand Walton is set to attend the ‘China Import and Export Fair’, widely known as the Canton Fair, for the fourth time. This prestigious event, recognized as one of the largest trade shows in the world, will see Walton showcase its latest AI-powered electronics and electrical products. The 136th ... Read more

First drone manufacturing factory to be set up in country

Business Desk : dhakamirror.com Bangladeshi company Sky Bees Limited is set to invest US$ 45.95 million to establish an Unmanned Aerial Vehicle (UAV, commonly known as drone) manufacturing industry in the BEPZA Economic Zone (BEPZA EZ). This will be the first factory to manufacture drones in the zones under BEPZA, creating employment opportunities for 55 ... Read more

OPPO A3 now available in Bangladesh

Business Desk : dhakamirror.com In a world where smartphones face constant challenges, OPPO is setting a new benchmark for durability with the launch of the OPPO A3 Series in Bangladesh. Designed as the ultimate durability champion, the OPPO A3 showcases OPPO’s commitment to enduring the rigours of daily life. Built with a robust structure to ... Read more

NBR scraps black money whitening scheme

Business Desk : dhakamirror.com The National Board of Revenue has cancelled the provision to whiten black money without scrutiny by paying a 15 percent tax. The tax administration issued a notification in this regard today. The development comes a few days after the interim government said it had decided to scrap the provision. The exemption ... Read more

BRAC Bank introduces VISA Platinum Flexi Card

Business Desk : dhakamirror.com BRAC Bank has introduced a new ‘VISA Platinum Flexi Credit Card’, exclusively designed for the youth and young professionals aspiring to elevate their lifestyle. The new credit card comes with a wide range of lifestyle, travel, hotel stay, and dine-in benefits for cardholders at a competitive annual fee, according to a ... Read more

Biswas Imports: Leading the way in Bangladesh’s car market

Business Desk : dhakamirror.com Biswas Imports has become a standout in Bangladesh’s car industry since starting as a Facebook page in 2015 by Mr Musa Biswas. The name “Biswas” means “Trust” in Bengali, reflecting their commitment to integrity and reliability. Specialising in importing and selling high-quality new and reconditioned cars from Japan, Europe, and the ... Read more

Bangladesh set to launch direct flights with Switzerland

Business Desk : dhakamirror.com Bangladesh is set to launch direct flights with Switzerland with at least 14 flights operating between the countries per week. The Government of Bangladesh and the Swiss Federal Council in Bern inked an agreement to this end on 4 June, marking significant progress in expanding the country’s air travel network, reads ... Read more

Emirates eliminates online payment limit for flights in BDT

Business Desk : dhakamirror.com Emirates has made online payment more convenient for customers purchasing tickets in Bangladesh. Now, customers can use locally issued debit and credit cards to complete payment transactions online for flight tickets and enjoy the convenience of unlimited transactions in BDT. Customers can enjoy the ease of paying for tickets on emirates.com, ... Read more

Aziz Khan next chair of Unicef Int’l Council

Business Desk : dhakamirror.com Unicef has announced Muhammed Aziz Khan as the incoming chair of the Unicef International Council, succeeding the inaugural chair, Maria Ahlstrom-Bondestam. He will assume the position in November this year, a press release issued by Unicef said yesterday. The Unicef International Council is a unique community of approximately 150 private philanthropists ... Read more

NJ Diamonds brings vibrant luxury jewelry to Bangladesh

Business Desk : dhakamirror.com NJ Diamonds, a new luxury jewelry brand, has officially launched in the capital at Banani road 11. The event was a glittering affair, attended by top influencers and industry elites, marking a significant milestone for the Bangladesh jewelry market. NJ Diamonds, founded by Noorjahan Abdullah & Labiba Abdullah, are set to ... Read more

NCC Bank celebrates 31 years of operations

Business Desk : dhakamirror.com NCC Bank celebrated its 31 years of operations at the bank’s head office in Dhaka on Friday. Md Abul Bashar, chairman of the bank, inaugurated the 31st anniversary programme, said a press release. NCC Bank started its journey on May 17, 1993. “During the 31 year-long-journey, the bank played a remarkable ... Read more

21 winners receive gifts from Nagad’s mega campaign

Business Desk : dhakamirror.com A total of 21 winners have received different gifts by taking part in the country’s biggest transactions campaign – initiated by Nagad, a popular mobile financial service provider. Recently, Nagad’s Senior Executive Vice-President and Chief Marketing Officer Sadat Adnan Ahmad and Executive Vice-President and Deputy Chief Marketing Officer Muhammad Solaiman handed ... Read more

Hatil Chairman Selim H Rahman honoured with CIP award

Business Desk : dhakamirror.com Selim H Rahman, the esteemed Chairman and Managing Director of HATIL, a leading name in the furniture industry, was conferred with the prestigious Commercially Important Person (CIP) award for his pioneering contributions to the export of the furniture sector. The ceremony held at the Radisson Blu Water Garden Hotel, Dhaka, on ... Read more