Connect with us

Corporate

SINGER to invest $78m in new plant

Published

on

SINGER

Singer Bangladesh is about to invest $78m to set up a new home appliance manufacturing plant inside the special economic zone in Narayanganj to expand local production of its products, according to company authorities.

The home appliance manufacturer and retailer, in association with Arcelik, the flagship company of Koç Group, yesterday inaugurated the construction of their very first state-of-the-art manufacturing unit in the country, they said.

The new unit to produce refrigerators, televisions, washing machines, air conditioners and other major home appliances, which will in turn lower imports of such items.

Additionally, the facility will generate around 4,000 employment opportunities while also developing the local supplier base that will provide to the industry in the future, the authorities said during a press briefing at the Radisson Blu Dhaka Water Garden.

At the event, Dr Fatih Kemal Ebiclioglu, president of Durable Goods Companies of Koc Holding, said they hope this initiative will increase the manufacturing capacity of Singer Bangladesh and strengthen its position in the local market.

he seeks the new unit will go into production by 2023, then said they would consider exporting products made at the new plant after providing to domestic demand.

Cemal Can Dincer, chief commercial officer of Arcelik, said this investment marks a new chapter in their journey in Bangladesh.

“With the support of our new factory, we are planning to locally produce 90pc of our products for local consumers,” he added.

MHM Fairoz, managing director and chief executive officer of Singer Bangladesh, said the company’s new state-of-the-art manufacturing facility will be built according to the gold standards of LEED.

LEED is a green building certificate that is recognized all over the world.

He went on to say that Singer will bring the know-how on energy-efficient products and production technologies to Bangladesh, and this will help the country transition to a low-carbon economy.

“Besides, Singer’s green factory in Bangladesh’s special economic zone will make a significant contribution to economic activity and employment,” he said.

Nihat Bayiz, chief technology officer of Arçelik, was also present at the event.

Mustafa Osman Tarun, ambassador of Turkey to Bangladesh; Abdul Azim Chowdhury, additional secretary and executive member of the Bangladesh Economic Zones Authority, and other high officials and stakeholders were present at the groundbreaking ceremony prior the same day.

Koç Holding is the only Turkish company represented in the global Fortune 500 list. Arcelik acquired the holding company of Singer Bangladesh in 2019.

Koc Group envisions sustainability as a business model and places it at the center of all its operations. As such, Arcelik is committed to net-zero emissions by 2050 to tackle the climate crisis.

The group aims to expand its sustainability vision to every country they operate in and create value for all people and the planet, and its investments in Bangladesh will continue with this understanding, according to Singer Bangladesh.

 

Share this
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Corporate

Sanming University carries out unique winter vacation social practice activity in Southeast China’s Fujian Province

Published

on

China Correspondent: To facilitate a profound comprehension of China’s esteemed traditional culture among international students and teachers and to promote cultural exchanges between China and other nations, Sanming University initiated a distinctive winter vacation social practice program titled “Drawing Wisdom from Classics of Chinese Thought and Telling Chinese Stories Well.”

From January 20 to 21, 2025, the School of Overseas Education (School of Foreign Languages) of Sanming University, in collaboration with the International Cooperation and Exchange Office, organized this event in Youxi County, Sanming City, Fujian Province, China. During the event, the delegation visited Guifeng Ancient Village, the Confucian Temple, the Zhuzi Cultural Garden, and other significant sites to gain hands-on experience and deepen their understanding.

The social practice team arrived at Guifeng Ancient Village in Youxi County on January 20. In the ancient village, the well-preserved ancient structures from the Ming and Qing dynasties are dispersed in an orderly fashion, each one containing a profound historical and cultural heritage. All participants walked along the ancient stone road and had the opportunity to explore traditional landmarks, including the Cai Clan Ancestral Hall and the Stone Seal House. They also gained insights into ancient family culture and architectural techniques. Furthermore, by interacting with the locals, they experienced the unique folk customs of Youxi and enjoyed its distinctive cuisine.

While exploring the ancient dwellings of Guifeng, Makhmudova Mushtariybegim, an international student from Uzbekistan, expressed a deep fascination with the daily life of the past. She shared that experiencing these historical residences firsthand provided her with valuable insights into the living conditions of ancient times. “The traditions here are truly captivating, offering a culture that feels both familiar and new to me,” she remarked.

On January 21, the social practice team visited the Confucian Temple and Zhuzi Cultural Garden in Youxi County. Within the Confucian Temple, all individuals experienced the grave ambiance of Confucian culture and gained a deeper understanding of the ancient education system and its protocols. At the Zhuzi Cultural Garden, they acquired a comprehensive understanding of Zhu Xi’s life, actions, philosophies, and beliefs. Zhu Xi, the preeminent figure of Neo-Confucianism during the Song Dynasty, has had a profound influence on both Chinese and global culture. The international students and teachers attentively listened to the explanations, scrutinized the artifacts, and acquired a comprehensive understanding of Zhu Xi culture.

Cheick Amadou Tidiane Ouattara, a foreign teacher from Mali, described his visit to the Youxi County Confucian Temple and the Zhuzi Cultural Garden with his students as an unforgettable cultural experience. He was deeply impressed by the solemn atmosphere of Confucian culture and gained a greater appreciation for the strictness of ancient Chinese education and etiquette. He also mentioned that the visit provided him with a deeper understanding of Zhu Xi’s life and philosophical beliefs. “Zhu Xi’s Neo-Confucianism had a profound influence on the development of the Chinese nation and extended beyond China. Its contribution to global culture is undeniable, holding a significant place in history,” he remarked.

According to Yu Shuiqing, a teacher at the School of Overseas Education (School of Foreign Languages) at Sanming University, this social practice activity not only enables international students to integrate more effectively into Chinese culture but also offers them a platform to exchange ideas, learn, and showcase themselves. “Sanming University will continue to hold more such activities to promote the exchange and integration of Chinese and foreign cultures, collaborate and cooperatively advance the preservation and advancement of China’s exceptional traditional culture in the future,” she added.

Over 20 teachers and students from Bangladesh, Mali, Nigeria, Indonesia, Mongolia, Uzbekistan, and Russia attended this distinctive winter vacation social practice activity.

Share this
Continue Reading

Corporate

JCI Dhaka West Unveils New Leadership Team for 2025

Published

on

Junior Chamber International (JCI) Dhaka West has officially announced the formation of its new executive committee for the upcoming year, 2025. The organization unveiled this dynamic group of leaders during a recent general assembly held on Tuesday, December 17th in Dhaka.

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

Other board members include Vice President (VP) Md Saddam Hossain, Md Tanvir Hasan, and Audrika Eshna Purbasha, Secretary General (SG) Ibrahim Khalil Foysal, Treasurer Md Sameen Rahman, General Legal Counsel (GLC) Jiban Ahmad, Training Commissioner Masud, Directors Daud Mahmud Aovin, Jeba Maliha, Arianul Islam, Shurovy Yeasmin, Ahmed Wazedul Haque Khan, and Md Sabbir Hasan, Executive Assistant to Local President Reyel Ahmed Opu, and Committee Chair Md Robiul Islam, Abdur Rahman Khan Bappy.

Mohammad Mahmudur Rahman, 2024 National Director of JCI Bangladesh and 2023 Local President of JCI Dhaka West, served as the Election Commissioner. Before announcing the new Executive Committee of JCI Dhaka West, the organization’s fourth General Members’ Meeting (GMM) for 2024 was held.

“We will put our full effort into spreading positive impacts through sustainable development initiatives across the nation,” said newly elected Local President Sujaur Rahmaan Emon.

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 prominent among these local organizations.

Share this
Continue Reading

Corporate

Arefeen Raafi Ahmed Elected as Deputy National President of JCI Bangladesh

Published

on

Arefeen Raafi Ahmed JCI Bangladesh

The National General Assembly of Junior Chamber International (JCI) Bangladesh, an international organization for young leaders, has formed its new National Executive Committee for 2025. Arefeen Raafi Ahmed has been elected as the Deputy National President of JCI Bangladesh.

The General Assembly took place on Friday, December 6, at Hotel Le Méridien in Dhaka. After the assembly, elections were held to select the president and other executive committee members. The election process was overseen by former JCI Bangladesh President Md. Ziaul Haque Bhuiyan.

Upon being elected as Deputy National President, Arefeen Raafi Ahmed said, “My focus will be on empowering our members. Everyone possesses unique skills, talents, and perspectives that can contribute to JCI’s growth. I am committed to providing opportunities for skill development, mentorship, and networking, enabling each member to reach their full potential within our organization. Together, we can create a positive impact on our community, empower our members, and build a stronger, more connected JCI Bangladesh.”

Arefeen Raafi Ahmed holds a Bachelor’s degree in ICT (Information and Communication Technology) from Western Sydney University, Australia. He is the Executive Director of Techno Drugs Limited and the Managing Director of Pulse Tech Limited, a leading healthcare technology company in Bangladesh. He also serves as the Managing Director of GreenTech Holidays Limited, a travel and tourism-based company. Previously, he served as the Local President of JCI Dhaka Entrepreneurs in 2021, Vice President of JCI Bangladesh in 2023, and Executive Vice President of JCI Bangladesh in 2024. He has also been honored as a JCI Senator.

Junior Chamber International (JCI) is a global organization for young people aged 18 to 40. Headquartered in St. Louis, Missouri, USA, JCI operates in more than 120 countries with over 200,000 members worldwide. In Bangladesh, JCI currently has around 40 local chapters, working to foster personal development among young individuals by enhancing their skills, knowledge, and intellect.

Share this
Continue Reading