Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

HSBC honours five exporters

Award recipients pose with Tawfiq-e-Elahi Chowdhury, energy adviser to the prime minister; Atiur Rahman, governor of Bangladesh Bank; Andrew Tilke, CEO of HSBC Bangladesh, Mahbub ur Rahman, head of the bank’s corporate banking, at the fourth HSBC Export Excellence Awards ceremony, at Radisson Hotel in Dhaka yesterday. Photo: star

Award recipients pose with Tawfiq-e-Elahi Chowdhury, energy adviser to the prime minister; Atiur Rahman, governor of Bangladesh Bank; Andrew Tilke, CEO of HSBC Bangladesh, Mahbub ur Rahman, head of the bank’s corporate banking, at the fourth HSBC Export Excellence Awards ceremony, at Radisson Hotel in Dhaka yesterday. Photo: star

Five leading exporters were recognised yesterday( 28 September 2013) with a prestigious award for their leadership in promoting Bangladesh abroad and contributing to the sustainable economic growth of the country.
Prime Minister’s Energy Adviser Tawfiq-e-Elahi Chowdhury gave away HSBC Export Excellence Awards to the winners at Radisson Hotel in Dhaka.
DBL Group, one of the fastest growing apparel companies, bagged the award from Group A in the textile and readymade garment category, beating entries from companies with annual export turnover of $50 million or more.
This was the second time the Group was crowned after it won the honour in the first edition of the award in 2010.
Established in 1991, the Group is a 100 percent export-oriented composite knit garments and textiles manufacturer, and exports to 21 countries including India, China, Belgium, and France. It has customers such as H&M, Wal-Mart, Esprit, Puma, G-Star and Decathlon.
In his reaction, Mohammed Abdul Jabbar, managing director of the Group, said: “We are concentrating more and more on sustainable and ethical business practices as part of our vision to make a visible contribution to the GDP of the country by 2020.???
SM Group of Companies Ltd won the award from Group B in the same category among companies with annual export turnover less than $50 million.
Set up in 2001, the enterprise produces a diverse range of knitwear and sends products to 13 countries including Germany, the UK, Canada, the UAE, New Zealand, the USA, Ireland, Brazil and Australia.
Syed AK Anwaruzzaman, managing director of the company, said he would continue to bring more business to Bangladesh.
Chittagong-based Pacific Jeans Group, which specialises in producing premium quality jeans and casual wear, was awarded in the category of Enterprises in the Export Processing Zones of Bangladesh.
Currently the Group, which began journey in 2007, exports to six countries including Japan, the USA, Germany, Spain and Sweden.
Uniglory Cycle Industries Ltd, a sister concern of Meghna Group, came out as the exporter of the year in the traditional and emerging sectors among companies with annual export turnover of $3 million or more.
Bangladesh’s largest bicycle maker, which was established in 2009, exports cycles to nine countries including Belgium, Ireland, Germany, Canada and Italy.
Brain Station-23, which develops enterprise web applications and mobile software, was awarded in the category of small and medium enterprises.
Set up in 2006, it has international clients in eight countries including the USA, Canada, the UK and Denmark.
While selecting the winners, the jury panel has not only considered the export volume but also export diversity, financial stability, compliance and sustainable business practices along with other qualitative criteria, organisers said.
Tawfiq-e-Elahi Chowdhury congratulated the winners. “We feel particularly inspired by their achievements. Your life stories will be the future story of Bangladesh,??? he said.
Bangladesh Bank Governor Atiur Rahman said exporters have maintained growth resiliently even at the height of the global financial crisis.
“In coping with the current demand weakness in the traditional western markets, the exporters are being supported by the existing government subsidies, and pre-shipment export credit at lower interest rate.???
Rahman said the exporters are also making successful inroads with newer goods and services into newer markets with thrusts in other non-textile and non-apparel export services.
Andrew Tilke, chief executive officer of HSBC Bangladesh, said, “A strong export sector remains a key economic driver for the country. At HSBC, we are pleased to play our part in recognising and encouraging excellence in this sector as well as linking local businesses to global opportunities.???
“When people visit Bangladesh they find world-class business enterprises in the country,??? he said, adding that the winners of the awards have proved over the years that the country’s exporters could do world-class business.
Mahbub ur Rahman, head of corporate banking at HSBC Bangladesh, said, “HSBC has strong presence in the world’s major and emerging economies. This is leveraged by the entrepreneurs worldwide to facilitate their international business, especially to address the dynamic and geographically dispersed supply chain.???
The Daily Star, the daily Prothom Alo, internationally recognised audit firm KPMG and Brand Forum are the strategic partners of the annual event.
HSBC, headquartered in London, facilitates around 10 percent of Bangladesh’s international trade.
On the eve of the awards ceremony, Latifur Rahman, chairman and chief executive officer of Transcom Group, said any award is a recognition.
This type of award encourages businesses to achieve higher targets, he said.
“This award is an excellent way of helping the winning companies reach greater heights,??? said Rahman, who won the prestigious “OSLO Business for Peace Award??? last year.

http://www.thedailystar.net/beta2/news/hsbc-honours-five-exporters/

Share This Post