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Export earnings to cross $80b by 2024, hopes Tipu

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Commerce Minister Tipu Munshi today hoped that the country’s export earnings would cross $80 billion by 2024.

“We’ve earlier set an export earnings target of $51 billion in this fiscal year (FY22). Now, we’re hoping that this figure would reach $60 billion in this year. I’m hopeful that the export earnings would cross $80 billion by 2024,” he said.

The Commerce Minister said this while inaugurating 50 types of online services by the Office of the Chief Controller of Imports and Exports as the chief guest marking the 50 years of country’s independence held at the Shaheed Sheikh Kamal auditorium at NSC Tower in the capital.

Presided over by senior secretary of the Ministry of Commerce Tapan Kanti Ghosh, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Md Jashim Uddin, Bangladesh Competition Commission Chairperson Md Mofizul Islam and chief controller Office of the Chief Controller of Imports and Exports Sheikh Rafiqul Islam, among others, spoke.

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Alleging that a vested quarter has been making negative criticisms over the country’s development march, Tipu said that the situation is being changed every now and then while the country is moving towards development.

“The big example of this is that the Office of the Chief Controller of Imports and Exports are now providing cent percent digital services. Some 52 services including that of license are being available through online.” He said adding that no one would require coming to this office in future to receive services.

Citing the findings of a recent survey conducted by JETRO, the Commerce Minister informed that some 88 percent Japanese businesses now want to do business in Bangladesh while this has been possible since the country has been changed. He informed that Japan also wants to strike a Free Trade Agreement (FTA) with Bangladesh.

Directing the officials and employees of the Office of the Chief Controller of Imports and Exports to render instant services digitally with utmost honesty, Tipu said, “We’re now moving towards building smart Bangladesh. We’ll have to make all necessary arrangements so that people need not to come to office for taking services.”

Referring to the inauguration of much hyped Padma Bridge on June 25, the Commerce Minister said that Prime Minister Sheikh Hasina had earlier took the challenge of building this mega structure with own financing. Through the inauguration, the courage and strength of Bangladesh will be projected afresh, he added.

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Senior Secretary of the Commerce Ministry said that from now on no services would be provided offline from the Office of the Chief Controller of Imports and Exports as the businessmen would be able to avail all services through online.

Sheikh Rafikul Islam, chief controller of the Office of the Chief Controller of Imports and Exports, said that the businessmen are now getting all related services including certificates of imports and exports through online from this office.

In such case, there is no need to submit hard copy by the service seeker. A service seeker will need to file an Online Licensing Module (OLM) account against his or her organization and thus would be able to avail desired services through that account. No third party will be able to interfere in the process.

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BSEC chairman Shibli Rubayat resigns

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Bangladesh Securities and Exchange Commission Chairman Prof Shibli Rubayat-Ul Islam resigned today.

He sent his resignation letter to the official concerned at the finance ministry.

He stepped down citing health reasons, said Abdur Rahman, secretary of the Financial Institutions Division of the Ministry of Finance, confirming receipt of the letter.

The development came five days after Sheikh Hasina’s government fell and she fled Bangladesh in the face of a civil uprising.

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Islam has remained absent from work for the past several days.

Islam, a Dhaka University teacher, was appointed as chairman of the BSEC in 2020. Last May, he was reappointed for another four-year tenure.

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Progressive Life Insurance Company organizes 199th Board Meeting

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The 199th board meeting of Progressive life Insurance Company Limited (PLICL) was held in the organization’s corporate office in the capital’s National Scout Bhaban on Wednesday 10 July 2024. It was presided over by PLICL Acting Chairman M. Shoeb Chowdhury.

The meeting was also attended by Directors viz Bajloor Rashid, MBE, Zakariya Ahad,Mezanur Rahman,DR. Md. Jamil Sharif, Phd, FCMA,DR. Tazrina Farah,Babel Miah,Kamal Miah, M A Karim,Gulam Mostafa Ahmed. Managing Director and Chief Executive Officer Md. Saidul Amin, Additional Managing Director Md. Mizanur Rahman Shipon, Senior Executive Vice President & Company Secretary Abdullah Al Mansur.

The participants in the meeting talked about pending claim settlements, business development plans and laid emphasis on complying with regulatory norms, laws and principals.

The officials of Progressive life Insurance Company Limited greeted the newly appointed Acting Chairman M. Shoeb Chowdhury with flowers at the beginning of the meeting.

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Anwar Group of Industries Organized ‘Induction of Leadership’ program

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Anwar Group of Industries, a leading Bangladeshi conglomerate, celebrated a momentous occasion with the formal induction of its new leadership team.

In a ceremony held at the Dhaka Chamber of Commerce and Industry (DCCI), Mr. Manwar Hossain, Chairman of Anwar Group of Industries, officially announced Mr. Hossain Mehmood as Vice Chairman and Mr. Hossain Khaled as the Group Managing Director of Anwar Group of Industries. Additionally, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood were sworn in as Deputy Managing Director of Anwar Group of Industries.

The “Induction of Leadership” ceremony on March 3, 2024, marked a memorable and new chapter for Anwar Group of Industries. At the ceremony, Mr. Manwar Hossain, Chairman of Anwar Group of Industries, presented the group’s brooches to Mr. Hossain Mehmood, Mr. Hossain Khaled, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood. The ceremony was also attended by members of the Anwar family, stakeholders, and employees.

Committed to empowering its employees and creating a shared vision for the future, Chairman of Anwar Group of Industries, Mr. Manwar Hossain announced a groundbreaking move, all future employees will be made shareholders. This bold initiative underscores the group’s belief in the value of its employees and its commitment to building a sustainable and inclusive future.

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