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JCI Dhaka West Unveils New Leadership Team for 2024

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JCI Dhaka West

Junior Chamber International (JCI) Dhaka West has officially announced the formation of its new executive committee for the upcoming year, 2024. The organization unveiled this dynamic group of leaders during a recent general assembly held on Tuesday, October 24th on Dhaka.

At the helm of this new committee is S M Belal Uddin, who has been appointed as President, poised to lead the chapter into a promising year ahead. Assisting him in steering the organization’s goals is Executive Vice President Sujaur Rahman Emon, while Mahmudur Rahman takes on the role of Immediate Past Local President (IPLP).

Other board members include Vice President Subah Afrin, Ayan Muminul Hoque, and Md Imam Hasan, Secretary General Jahirul Islam Mohsan, Treasurer Ibrahim Khalil Foysal, General Legal Counsel Md Tanvir Hasan, Training Commissioner Reyel Ahmed, Directors Md Sameen Rahman, Niaz Ahmed, Debabrata Bhowmik, and Md Saddam Hossain, Committee Chair Masud, Fairuz Suhala Reza, Md Sabbir Hasan, Abdullah Bin Khurshid, and G M Wasika Tasnim.

Junior Chamber International (JCI) is a vibrant organization, comprising individuals aged between 18 and 40, known for their unwavering dedication to community service and development. The global headquarters of JCI is situated in St. Louis, Missouri, USA, and its impact extends to over 35 local chapters throughout Bangladesh. JCI Dhaka West proudly stands as the largest and most established among these local organizations.

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Stocks

Grameenphone Appoints Hakon Bruaset Kjol as New Chairman

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Hakon Bruaset Kjol

Grameenphone Limited, a telecommunications entity listed on the Dhaka Stock Exchange (DSE), has named Hakon Bruaset Kjol as its newly appointed Chairman.

The information was sourced from the DSE, indicating that Hakon Bruaset Kjol is slated to take on the role of Chairman starting February 22, 2024.

 

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Economy

FBCCI, CWEIC Forge Strong Partnership to Boost Bangladesh-Commonwealth Trade

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FBCCI, CWEIC

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Commonwealth Enterprise and Investment Council (CWEIC) have forged a strengthened collaboration to boost trade ties between Bangladesh and Commonwealth nations.

FBCCI, led by President Mahbubul Alam, extended an invitation to CWEIC for support in expanding textile, pharmaceutical, and agriculture exports to Commonwealth countries. The call was made during a dinner meeting hosted by FBCCI in honor of Lord Marland, Chairman of CWEIC, on Tuesday evening, 13th February.

President Mahbubul Alam emphasized Bangladesh’s increasing appeal as an investment hub for industry diversification, value chain integration, and export market expansion. Having surpassed the $55.55 billion export milestone in 2022-23, Bangladesh aims to enhance competitiveness, targeting a $300 billion export value by 2041 as part of its trillion-dollar economic journey.

FBCCI stands proud as an advocate for the business community, striving to foster a robust and globally competitive business environment within Bangladesh. Mahbubul Alam highlighted FBCCI’s commitment to supporting trade, industry, and sustainable economic development.

He underscored the significance of FBCCI’s collaboration with CWEIC, citing their participation in the Commonwealth Business Forum, as instrumental in showcasing Bangladesh’s business potential, national development, and prosperity. Mahbubul Alam identified key sectors for collaboration, including Technology Transfer and Innovation, IT, renewable energy, education, skills development, vocational training, healthcare, pharmaceuticals, and access to finance for SMEs.

Lord Marland, Chairman of CWEIC, commended Bangladesh’s recent economic development, expressing optimism about the country achieving ‘Smart Bangladesh’ status by 2031, a decade ahead of projections. He affirmed CWEIC’s commitment to working closely with FBCCI to further enhance trade and investment, tapping into the untapped potential between Bangladesh and Commonwealth nations.

Key figures present at the event included FBCCI Vice President Md. Khairul Huda Chopol, Shomi Kaiser, Md. Munir Hossain, Strategic Advisor of CWEIC Zillur Hussain MBE, FBCCI Director Sujib Ranjan Dash, Secretary General Md. Alamgir, and various business dignitaries.

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Corporate

RFL Launches Affordable Duranta E-Bikes in Bangladesh

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E-Bikes RFL

RFL Group has achieved a groundbreaking feat by introducing locally manufactured electronic bicycles (e-bikes) to the domestic market, marking a significant milestone as the first initiative of its kind in the country. The cover of the “Duranta”-branded electric bicycle, a venture aimed at providing affordable e-bikes to local consumers, was unveiled by RFL Group Managing Director RN Paul in the capital on Thursday.

The initial offerings in the market include the Duranta E-Rider 101 and Duranta E-Rider 201 models. The Duranta E-Rider 101 model is priced at Tk42,000, while the Duranta E-Rider 201 model comes with a maximum retail price of Tk55,000. These e-bikes will be available nationwide through Duranta Sports Gallery and authorized dealers.

Manufactured in the own factory of Rangpur Metal Industries Limited, a subsidiary of RFL Group located at Habiganj Industrial Park, the factory boasts an annual production capacity of approximately 5,000 units of e-bikes.

Speaking at the event, RN Paul highlighted the increasing global popularity of e-bikes as a convenient and eco-friendly alternative to traditional bicycles and motorized vehicles. Emphasizing the importance of e-bikes for commuting, recreation, and transportation, he noted their role in enabling long-distance travel with minimal physical effort.

Acknowledging the delayed adoption of e-bikes in Bangladesh, RN Paul explained RFL’s entry into the sector with a commitment to delivering high-quality, eco-friendly products within the purchasing power of the country’s people. He expressed optimism about receiving a positive response from customers and revealed plans to explore e-bike exports after meeting domestic demand.

Md Mahmudur Rahman, Chief Operating Officer of Rangpur Metal Industries Limited, highlighted the distinctive feature of the Duranta E-Bike—its use of a 36-volt lithium battery produced in their factory. The e-bike can reach a speed of 25 km per hour, covering a distance of up to 45 km on a single charge, which takes approximately 4-5 hours for a full recharge.

Rahman also shared customer benefits, including a six-month warranty on electrical parts and four free servicing facilities in the first six months of purchasing a Duranta e-bike.

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