11-05-2022

WedneSdAY, MAY 11, 2022
8
IBTRA launches Entrepreneurship
Development program
Islami Bank Training and Research
Academy (IBTRA) launched a monthlong
Entrepreneurship Development
Program at Chattogram Regional Center
on Tuesday. Mohammed Monirul
Moula, Managing Director and CEO of
the bank inaugurated the workshop
virtually as chief guest, a press release
said.
To celebrate success, realme GT Master Edition
now available at special offer of 31,990tk
Since setting the youngsters
as the target audience,
realme, the world's fastestgrowing
smartphone brand,
witnessed the sales of the GT
series rapidly increasing and
growing by 550% globally
compared to the same time
in 2021, making the flagship
lines' sales volume breaking
5 million in total. To
celebrate global success and
give youth experience of
flagship GT ME now
available at special price of
Tk. 31,990 only.
GT 2 Series and GT Neo
Series are the main
contributors to the
significant growth
GT 2 Series was launched
globally at MWC 2022 and
gained overwhelming
attention from tech fans and
media: more than 16,000
fans lined up outside pop-up
stores in 6 countries across
Europe to get their hands on
the handset and be among
the first to purchase it. The
device is warmly welcomed
due to the modern
technologies equipped to
deliver a premium holistic
mobile experience to users.
In other words, GT 2 Series
is our most premium
flagship ever, featuring
Qualcomm's latest and
fastest processor, the
Snapdragon 8 Gen 1, the
world's first 2K AMOLED
flat display, and the world's
first biopolymer back
‘Seeds for the Future’ winners visit
Huawei Headquarter in Bangladesh
An eye-opening experience for the
visitors Winners of the last year's Seeds
for the Future program have recently
paid a visit to the Huawei Bangladesh
Headquarter located in the capital. In a
special session during their visit the
Head of Public Affairs and
Communications Department, Yuying
Karl, guided them in their further
growth.
Huawei keeps organizing different
programs to do its bit for developing
the talent ecosystem and equip the
youth of the country with future-fit
skills. Seeds for the Future is such a
program that is organized every year.
Last year, 15 students from different
universities were selected as the
winners from Bangladesh, a press
release said.
With this visit, the champions were
given an opportunity to experience how
different operations and services are
done at Huawei's office. It was an eyeopening
experience for them as they
got the chance to learn from experts
and develop insights on different
pertinent ICT-related topics such as
Arif Hossain Khan, General Manager
of Bangladesh Bank and Head of
Chattogram Office (Current Charge)
attenede the program as special guest.
SM Rabiul Hassan, Principal, IBTRA
presided over the function. Meah Md.
Barkat Ullah, Head of Chattogram South
Zone and Mohammad Nurul Hossain,
Head of Chattogram North Zone also
design. Not only becoming a
must-have item for tech
fans, but the unconventional
creation has also been
recognized by experts and
has been awarded "Best of
MWC" by leading media,
including Digital Trends,
XDA, WIRED, and Android
Authority.
This growth is also
strongly fueled by the realme
GT NEO Series, especially
the newly launched GT NEO
3. This device is the world's
fastest charging smartphone
with 150W UltraDart
charging coupled with
MediaTek Dimensity 8100
CPU, which improves
performance and saves
more power, not to mention
the high-grade triple
camera, 120Hz smooth
display, and stylish design.
The GT NEO 3 proves its
place as the perfect
smartphone for the young
and gaming lovers with the
overwhelming sales result,
breaking 100,000 units in
under 10 hours in China's
first sale.
New drivers in European
and Chinese Markets
This achievement is also
contributed by successes in
the European and Chinese
markets. GT Series sales
have increased by more than
90 times in Europe (the
same price segment) and
reached 474% growth yearon-year
in China. These
networking and cloud services.
Regarding this arrangement, Yuying
Karl, Head of Public Affairs and
Communications Department, Huawei
Bangladesh, says, "We are happy to
host the winners of Seeds for the Future
today at our headquarter. We want to
do everything for developing ICT
talents in the country and give them
proper exposure so that they can gather
proper ICT knowledge. I believe today's
visit will help the champions in forming
addressed on the occasion. SME and
Special Programs Department of
Bangladesh Bank has taken initiative to
conduct
Entrepreneurship
Development Program through
scheduled banks across the country.
Targeting the young, realme celebrates
a strong start for 2022 with premium
segment breakthrough.
positive figures show the
viability and success of our
"Go Premium" strategy to
focus on the opportunities in
China and Europe.
In the future, realme, the
world's fastest-growing
smartphone brand, will
maintain the momentum to
produce tech-trendy
premium handsets that
integrate tech innovations
and modern cultures for the
young generations
worldwide. With the
resounding support from
our community, it is possible
for us to continuously
dedicate and create new
values for the technology
industry and life standards.
ideas about different technical and
networking issues prevalent in the
industry."
It is mentionable that Seeds for the
Future is Huawei's flagship CSR
program dedicated to top STEM and
non-STEM students worldwide. First
launched in Bangladesh in 2014, this
program has been nurturing ICT
talents since its initiation. 'Seeds for the
Future' has been implemented in
around 130 countries worldwide so far.
Safwan
Choudhury
Re-elected
as Vice
Chairman of
Bank Asia
Mohd. Safwan Choudhury
has been re-elected as Vice
Chairman of Bank Asia Ltd.,
at the 473rd meeting of the
Board of Directors of the
Bank held recently. Mohd.
Safwan Choudhury is an
eminent industrialist of the
country, a press release said.
He is a former President of
Sylhet Chamber of
Commerce & Industry.
Choudhury is the Managing
Director of M. Ahmed Tea &
Lands Co. Ltd., Phulbari Tea
Estates Ltd., M. Ahmed Cold
Storage Ltd., Premier
Dyeing & Calendaring Ltd.
and M. Ahmed Food &
Spices Ltd. He also served as
the Chairman of Bangladesh
Tea Association. He is the
President of FIVDB, an NGO
providing primary
education to the
underprivileged children.
‘Nagad’ Rewards 50 Winners of
‘Nagad Letter’ Campaign
The Postal Department's
Mobile Financial Service has
launched the 'Nagad_Letter'
campaign through which
customers got the
opportunity to convey their
affection and feelings about
'Nagad' through letters. The
best letters were selected as
winners and received
exciting prizes from Nagad.
Nagad declared the 50
winners after the five-day
campaign garnered countless
letters from the participants.
Customers have actively
taken part in this campaign
through digital platforms
using the hashtag #Nagad_
Chithi via two official
Facebook pages of Nagad
and directly at 'Nagad'
service points across the
country.
The best 50 letters were
selected from thousands of
participants who shared their
experiences with 'Nagad'.
Participants submitted
letters expressing how
'Nagad' has made financial
transactions more
convenient, making their
lives simpler than before.
Arif Rahman, the winner
from Bogra Sadar Upazila,
conveyed his gratitude to the
Nagad through a letter. He
wrote, "Nagad is the only
mobile financial service that
has managed to disrupt the
market's existing monopoly.
Nintendo
outlook
cautious,
annual net
profit solid
TOKYO : Nintendo on
Tuesday issued a cautious
forecast for the current
financial year as it reported a
solid 2021-22 net profit of
477.7 billion yen ($3.7
billion), down 0.6 percent
on-year.
The gaming giant, which
has benefited from a string
of popular titles including
the January release of
"Pokemon Legends:
Arceus", expects net profit
for 2022-23 of 340 billion
yen.
Danish inflation hits highest
level since 1984
COPENHAGEN : Danish inflation hit a near
four-decade high in April, as energy and food
prices soared, official figures showed
Tuesday.
Denmark's consumer price index (CPI),
rose 6.7 percent in April, compared to a year
earlier, the highest rate since June 1984,
according to Statistics Denmark.
Prices of goods have meanwhile risen by
10.3 percent over the past year, a rate last
matched in November 1982, the official
statistics keeper said.
"Within goods, price increases for
electricity, food, fuel and gas are very much
evident in April 2022," the agency said in a
statement.
Excluding energy and unprocessed
I prefer Nagad since it has
the lowest cash-out charge,
free bill-pay, and other
innovative features."
Md. Shaheed Khan,
another winner from Khulna,
said, "Nagad has made
services so interesting and
easy that I do not have words
to describe it. Among all the
services, 'Nagad Islamic'
account is my favorite since it
is an interest-free Shariabased
account. My friends
were likewise intrigued by
'Nagad Islamic' account and
started using it when I
recommended it to them."
Thousands of customers,
like Arif Rahman and
Shaheen Khan, participated
in the 'Nagad_Letter'
campaign by expressing their
appreciation for Nagad.
Previously, 'Nagad,' has
taken various initiatives
around the campaign. Nagad
has unveiled intriguing letter
cards, at Nagad Sheba Point
for the participants.
Customers shared their
experiences with 'Nagad' in
the form of stories on one
side of the letter card, and
there was a slot on the other
side of the letter card for
participants to write their
names and addresses.
Thousands of loyal
customers wrote letters to
Nagad conveying their
thoughts. Besides, people
have been acquainted with
the nearly extinct tradition of
letter writing through this
initiative.
foodstuffs, Danish consumer prices rose 3.6
percent, which is still up from 3.2 percent in
March.
Fuel and food prices have soared
worldwide following Russia's invasion of
Ukraine as the conflict and Western
sanctions on Moscow have disrupted
supplies.
While central banks in the United States,
Britain and other countries have hiked
interest rates in bids to tame inflation,
Denmark's Nationalbanken cut its key rate
in September to protect the Danish krone's
exchange rate, which is pegged to the euro.
The European Central Bank has kept its
own rates unchanged so far despite soaring
inflation in the eurozone.
Rising prices buoy Bayer's
first quarter profits
FRANKFURT : German chemicals giant
Bayer on Tuesday reported a sizeable
increase in its net profits, as prices for its
agricultural products increased.
The group recorded a net profit of 3.3
billion euros ($3.5 billion) through the first
three months of the year, up from 2.1 billion
euros in the same period in 2021.
The improvement came on the back of
stronger sales, with revenues climbing to
14.6 billion euros in the first quarter of 2022,
from 12.3 billion euros last year.
Top-line progress was driven by Bayer's
agricultural division, where revenues rose by
22 percent year-on-year to 8.4 billion euros.
Sales of seeds and pesticides grew by
double-digits in all regions "mainly due to
price increases" for its products, Bayer said
in a statement. The result was also boosted
by a reduction in legal costs related US
lawsuits against its Roundup weedkiller.
MAPUTO : The International Monetary
Fund (IMF) on Tuesday signed off on $456
million in credit to Mozambique, the first
such aid awarded since a catastrophic debt
scandal erupted six years ago.
The outlines of the deal had been
announced in late March.
The statement finalising the agreement
marks Mozambique's return to good graces
after the "hidden debt" scandal, when the
government took out $2 billion in loans that
it concealed from parliament, the public and
other lenders.
"The three-year arrangement will help
support the economic recovery and policies
to reduce public debt and financing
vulnerabilities," the IMF said in a statement.
"The program supports the authorities'
ambitious reform agenda," it added.
Bayer has been plagued by legal woes since
it bought Roundup producer Monsanto in
2018, with a series of claims by cancer
patients who say the glyphosate chemical in
the weedkiller caused them to fall ill.
The group had set aside billions of dollars
to cover the costs of the lawsuits, while the
German firm maintains it has not committed
any wrongdoing.
While Russia's invasion of Ukraine has
upended supply chains for many
manufacturers and driven up the cost of
energy, Bayer said its first-quarter sales and
earnings "were not negatively impacted" by
the conflict. Nonetheless, Bayer left its
outlook for the year unchanged "despite the
great uncertainties" arising from the war,
CEO Werner Baumann said in a statement.
Together the countries represented around
three percent of Bayer's sales, the company
said.
Regarding the campaign,
Sheikh Aminur Rahman,
Chief Marketing Officer
(CMO) of Nagad, said, "Our
Nagad-letter campaign has
received an unparalleled
response from the
customers. Participants
expressed their thoughts
regarding Nagad through
their letters. Hence, each
participant is a winner to us.
However, since it is a
competition, we must go
through the selection
procedure to declare the
winners. Congratulations to
the winners and everyone
who participated actively.
We believe that 'Nagad' will
go a long way with the
support of our loving
customers."
IMF backs new Mozambique
loan, six years after scandal
The scandal triggered Mozambique's worst
economic crisis since independence from
Portugal four decades ago.
The government contracted secret loans
amounting to $2 billion (1.8 billion euros) in
2013 and 2014 from international banks to
buy a tuna-fishing fleet and surveillance
vessels.
Maputo masked the loans from parliament
but the debt came to light in 2016,
prompting donors, including the IMF, to
turn off financial support.
An independent audit later found $500
million had been diverted and remains
unaccounted for.
Prosecutors have charged 19 high-profile
people over the scandal, forcing a former
president and other top officials to testify in
a case that has gripped the nation.