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Driverless car, smart home & the metaverse dominate the CES; BD’s Walton witnesses huge response

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World’s largest and most influential tech event ‘Consumer Electronics Show (CES) 2023’ is going on in Las Vegas, USA. It is a global platform where the tech giants exhibit latest innovation in the consumer technology, automotive industry and digital healthcare. AI, smart health, driverless cars, smart homes and the metaverse are the center attractions of visitors, entrepreneurs and supplier of the technology products at this year’s CES. 

The metaverse is a big theme at CES 2023. Many companies unveiled their latest offerings in the virtual reality and augmented reality. There are plenty more unusual inventions on display, from a speech privacy mask to smart golfing tools, a smart punching bag cover and even electric inline skates. One start-up, OVR Technology, is presenting a headset that allows users to smell in the metaverse, which could have applications beyond gaming, for example in health and wellness. A part of the show floor is also dedicated to Web3 technology, while Microsoft and the carmaker Stellantis are teaming up to create a showroom in the metaverse. 

The car lovers from all over the world keep their eyes on what new technologies the automobile manufacturers bring to CES. At this year’s CES, Sony is exhibiting a prototype of a new electric car jointly built with Honda. The vehicle, which is branded Afeela, featured with self-driving capabilities and a LED screen on the front of the bonnet. In addition, South Korean car manufacturer Hyundai’s stall has seen a large crowd of visitors to see its driverless car.

Bangladesh’s top electronics and tech products manufacturing and exporting company ‘Walton’ took part in this year’s CES. This is the first time that a Bangladeshi company joined the world’s mega tech event. Focusing on people’s smart living, food and health safety, environmental protection, the Bangladesh’s tech giant is showcasing wide ranges of green and sustainable smart home and tech products with AI technologies at the CES. The products include smart fridge; TV and educational display; air conditioner; washing machine, table, LED light etc. These products are attracting the consumer electronics’ buyers, businessmen and entrepreneurs who came at the CES from different countries of the world including America. 

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At the CES, Walton Pavilion (No-17928) in the central hall of Las Vegas Convention Center has been crowded with visitors and traders from different states of the United States such as Florida, Miami, Minnesota, etc. 

Some fruitful discussion meetings have been already made between Walton officials and the representatives of potential buyers and suppliers from different countries. Businessmen from Mexico, Brazil, Liberia, Qatar, Oman, Libya and Nigeria are showing great interest in importing Walton products from Bangladesh to their countries. 

In addition, Walton has already finalized a business deal with one of the largest online marketplace of America. Through this marketplace, Walton products will be available for sale in the American market from February or March this year. Walton’s televisions, refrigerators, air conditioners and laptop products are getting more preference among traders and dealers in South and North America and other countries.

Walton Hi-Tech Industries PLC.’s Managing Director and CEO Golam Murshed is taking care of the overall activities at Walton Pavilion in the CES. He said, “We are highlighting ‘Smart Bangladesh’ at CES and also introducing Bangladesh and Walton on this biggest global stage of technology. Walton’s participation in CES fair has moved the ‘Smart Bangladesh’ concept one step ahead in the world. From the first day of CES, we are getting enormous responses from visitors and traders from different countries. Already, final discussions have been held with several organizations and businessmen. Participation in the CES fair will expand Walton’s export markets in different countries around the globe including America, Canada and Europe.”

Last two days of the show- Saturday and Sunday are weekend, saying it he hoped that Walton Pavilion will get more visitors and traders on those days. The four-day fair will be wrapped up on January 8, 2023.

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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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