13-05-2022

FRIDAY, MAY 13, 2022
8
The 27th Annual General Meeting (AGM) of Prime Bank Limited was held virtually on Thursday at in the presence
of 293 shareholders, Board of Directors, Independent Scrutinizer, auditors, observers, and high officials of the
Bank. The meeting was chaired by Tanjil Chowdhury, Chairman of the Bank, where, amongst others, Executive
Committee Chairman Zaeem Ahmed, Audit Committee Chairman Anwaruddin Chowdhury FCA, Risk
Management Committee Chairman Dr. Sharif M. N. U. Bhuiyan, former Chairman Azam J Chowdhury, and the
Managing Director and CEO Hassan O. Rashid were present during the meeting. The shareholders approved a
17.50% cash dividend for the year 2021 along with adoption of Director's Report & Audited Financials, appointment
and reappointment of directors, statutory auditor, and compliance auditor.
Photo : Courtesy
Huawei recognized
as a 2022 Gartner
Peer Insights
Customers' Choice
Huawei has recently been
recognized as a 2022
Gartner Peer Insights
Customers' Choice for WAN
Edge Infrastructure,
receiving this distinction for
the third consecutive year.
Huawei SD-WAN is also
named the "Customers'
Choice" in three categories:
Midsize Enterprise,
Asia/Pacific, Europe, the
Middle East, and Africa
(EMEA), in the Voice of the
Customer report, a press
release said.
As of December 31, 2021,
customers across various
industries, such as finance,
manufacturing, and
services,
had
comprehensively reviewed
WAN edge infrastructure
products and solutions from
multiple vendors in terms of
product functionality,
deployment, O&M, and
service support. According
to the Voice of the Customer
report, Huawei SD-WAN
received a total of 102
reviews and an overall rating
of 4.9/5 stars from
customers across industries
around the globe.
For the first time, Gartner,
an Information Technology
research and consultancy
company, has categorized
WAN edge infrastructure
vendors into four quadrants
based on User Interest and
Adoption, and Overall
Rating. Huawei received a
100% score in Willingness to
Recommend and scored the
highest overall rating of
4.9/5 stars.
Disney profit slips but streaming
TV subscribers jump
SAN FRANCISCO : Disney
on Wednesday said its profit
slipped in the recently ended
quarter but its television
streaming service and parks
were booming.
The entertainment giant
reported net income of $470
million, just over half of the
$912 million profit it made in
the same period a year
earlier, reports BSS.
But park attendance that
had fallen due to the
pandemic rebounded and
the Disney+ television
streaming service gained 7.9
million subscribers to 137.7
million. When adding in
subscriptions to Disney's
streaming services Hulu and
ESPN, the overall number
tops 205 million.
"Our strong results in the
second quarter, including
fantastic performance at our
domestic parks and
continued growth of our
streaming services once
again proved that we are in a
league of our own," said Walt
Disney Company chief
executive Bob Chapek.
He told analysts Disney is
open to raising its streaming
service subscription price in
the future, but has no specific
plans. Disney+ is pursuing a
version of the service that
would be supported by
advertising, Chapek said.
Disney+ gained more
subscribers than analysts
had expected, in stark
contrast to a dive in
subscriber numbers reported
by rival Netflix in the first
quarter of this year.
A drop of just 200,000
users-less than 0.1 percent of
the total Netflix customer
base-caused shares in the
Silicon Valley firm to plunge
and prompted a shareholder
to file a lawsuit accusing the
streaming television titan of
not making it clear that
subscriber numbers were in
peril.
"Disney+ has been taking
Netflix out at the knees," tech
analyst Rob Enderle of
Enderle Group told AFP.
"Kids have always chased
their content, and for parents
it has been a no-brainer to
get their service."
About half of Disney+
subscribers are families with
children, executives said on
the earnings call.
Disney stopped licensing
its coveted content to Netflix
to make it exclusive to its
own streaming service, and
said it planned to stick with
the tactic when it comes to
rivals in the market.
Walton releases CPU liquid coolers
Walton Digi-Tech Industries
Limited is well known for
producing various PC
hardware and accessories.
The Bangladeshi tech-giant
has now released two models
of attractively designed CPU
liquid coolers in the market.
Made on copper based plastic
body, the liquid coolers have
aluminum radiators with
multiple fans that ensure
perfect cooling performance,
a press release said.
Walton computer division
sources said that the coolers
modeled as WLC120B and
WLC240B are released on the
market under the 'arc'
packaging name. Priced at Tk.
5,850 and Tk. 8,550
respectively, customers can
purchase the products from
any Walton Plaza, distributor
showroom, IT and Computer
showrooms, or E-plaza across
the country.
Engineer Liakat Ali, Deputy
Managing Director of Walton
Digi-Tech Industries Limited,
said that Walton is
successfully producing and
supplying state-of-the-art
world standard products
according to the demands of
customers. Central
Processing Unit (CPU) is the
main part of a computer.
Commonly used air coolers
can't provide perfect cooling
for which Walton has
released the liquid coolers
considering the needs of
customers. Users will get
perfect cooling experience
with the Walton liquid
coolers. These accessories will
ensure best performance of
desktop computers.
Touhidur Rahman Rad,
Chief Business Officer of
Walton Computer Products,
said that the liquid cooling
system is used as radiator for
processor. This system
absorbs heat from the
processor and cool down the
processor making the
computer more effective.
He said that Walton liquid
coolers are specially designed
to ensure best possible
performance with digital
lighting series radiator and
cooling fans. Fans produced
with precise Aero-Dynamic
ensure less nose level while
the 100% sealed liquid
coolers can easily be installed.
Customers are getting two
years of service warranty on
Walton's arc liquid coolers.
SSLCOMMERZ
appoints
Chowdhury
AHM Lutful
Huda as the
new CEO
Chowdhury AHM Lutful
Huda has been appointed as
Chief Executive Officer of
SSLCOMMERZ Limited.
Previously, he served as
CEO at Abdul Monem
Group (Coca-Cola), Rangs
Motors Limited, and Partex
Star Group.
In years prior to his role as
CEO at the above mentioned
reputed firms, he assumed
high-ranking roles at various
multinational firms
including Managing
Director at Insight
Management Consulting
FZE (Dubai, UAE); General
Manager at DITRA
(Sharjah, UAE); Managing
Director at Reckitt Benckiser
Limited; Executive Director
of Trade Marketing &
Distribution (Seoul, South
Korea), Marketing Director
(Jakarta, Indonesia), Head
of Trade Marketing &
Distribution, Area Value for
Money Brand Manager
(Nairobi, Kenya), Head of
Brand Marketing (Harare,
Zimbabwe), and other roles
at British American Tobacco
(BAT).
With Bachelor of Business
Administration (BBA) in
Strategic Management and
International Marketing from
University of North Texas
(Denton, Texas), Lutful also
received certifications and
professional training on
business, leadership, product
development, functional
marketing from INSEAD
France, IMD Switzerland,
Oliver Wright, Leadership
Trust of UK, and reputed
organizations alike.
With an enormous wealth
of experience under his belt,
we are elated and confident
that, Chowdhury will add
significant value to
SSLCOMMERZ and steer
our firm towards greater
success.
SSLCOMMERZ is the first
and largest payment
gateway aggregator in
Bangladesh and a pioneer in
the FinTech industry since
2010. Licensed as a PSO by
Bangladesh Bank, they serve
over 5000+ online
businesses and connected to
100,000+ retail shops by
offering best-in-class digital
payment solutions enabling
them to extend their
payment acceptance across
different channels- physical,
web or mobile.
UK economic
growth slows
in first quarter
LONDON : Britain's
economy grew at a slower
pace in the first quarter
compared with the final
three months of last year as
the country battled soaring
inflation, official data
showed Thursday.
The economy grew 0.8
percent in the January-
March period compared
with expansion of 1.3
percent in the fourth quarter
of last year, the Office for
National Statistics said in a
statement.
After solid output in
January, the UK economy
posted zero growth the
following month and
contracted by 0.1 percent in
March, ONS data showed.
It comes after the Bank of
England last week warned
that Britain risks falling into
recession with UK inflation
expected to top 10 percent, a
four-decade high, by the end
of the year.
Tiffanybd.com by Regal’s
Couture presents new Dr.
Alvin Skincare product lines
Tiffanybd.com by Regal's
Couture (Tiffanybd.com) has
unveiled Dr. Alvin's new
Whitening Facial Set and
Rejuvenating Set no-5 in the
Bangladesh market for Acne
Solution, Melasma Solution,
Skin Glowing and spotless
clean skincare products. Model
and actress Samira Khan Mahi
inaugurated the two new
products officially at an event
held at the company's
Gulshan-1 office recently.
The company's officials
informed that Regal Arman
owner of "Tiffanybd.com by
Regal's Couture & Paese
Cosmetics" and Quazi Qumrul
Islam Owner of "Banthai
Barber & Beauty Salon, Both
company signed a contract
with the Dr. Alvin Skincare
company" A.R.M. Skin
Essentials Corp." at its head
office in Philippines in 2019 for
the first time as official
distributor in Bangladesh
History. Customer can watch
all Dr. Alvin Authentic
guideline Videos on
Tiffanybd.com FB page &
YouTube
channel.Tiffanybd.com then
shared a sub-distribution of
these products in Bangladesh
with the owner Mahinoor
Simran's online shop "Chic by
Choice". Tiffanybd.com is also
an authorized distributor of
Thailand's "Gosen Professional
Hair Care" and European
Color Cosmetics "Paese
Cosmetics".
Tiffanybd.com's Facebook
page and website
(www.tiffanybd.com) offer
Hair care, skincare, all beauty
services, All beauty machines,
all hair iron, hair extensions,
nail and eyelash extensions,
and pedicure-manicure
products.
In addition, Tiffanybd.com
hosts a variety of beauty service
and salon service courses every
two months under the
supervision of Quazi Qamrul
Islam, an internationally
recognized Hair and Beauty
expert, to train people
interested in Beauty related
services.
realme 9 - First Smartphone Powered
by ISOCELL HM6 Image Sensor will
officially launch in Bangladesh
Youth favorite brand smartphone brand
realme, will launch the realme 9 4G on May
22nd. It is the first 108MP ProLight Camera
in the realme 9 4G, powered by Samsung
ISOCELL HM6. The realme number series is
popular with young people worldwide
because it provides a premium imaging
experience that exceeds expectations from
start to finish. realme 8 was one of the few
smartphones to feature a 64MP camera.
With realme 9, they are ready to bring forth
a breakthrough.
The latest NonaPixel Plus technology,
upgraded from the traditional 3Sum-3Avg
solution to an unprecedented 9Sum readout
solution, brings superb brightness to photos
taken by realme 9. In practice, the 9Sum
Pixel Binning solution from NonaPixel Plus
technology improves the overall light intake
by 123% compared to the Samsung
FRANKFURT : German
industrial conglomerate
Siemens said Thursday its
profits were cut nearly in half
in the second quarter as the
group announced it would
wind down its operations in
Russia.
Siemens, which runs its
business year from October to
September, said in a
statement that net profit fell
to 1.2 billion euros ($1.3
billion) in the period from
January to March, from 2.4
billion in the same period last
year.
Sanctions imposed on
Russia following the invasion
of Ukraine has cut Siemens'
earnings by around 600
million euros as the German
giant-which makes products
ranging from trains to factory
equipment-wrote down the
value of its business in the
region.
Siemens said its transport
division, including rail service
and maintenance, was
particularly hard hit.
The group said it had begun
the wind down of "all
industrial business activities"
in Russia.
As Siemens has been active
in the market for nearly 170
years, "this was not an easy
decision," said chief executive
Roland Busch.
Siemens had already halted
its business in Russia at the
beginning of March, following
the start of the war.
Despite the conflict and the
lingering impact of the
ISOCELL HM2 image sensor. Moreover,
after the actual photo comparison, realme
finds that the low-light photo shot on realme
9 is significantly brighter with better color
reproduction.
In a bid to provide users with a highquality
photo experience, realme 9 utilizes
the HM6 sensor's in-sensor ultra-zoom
technology with a merging algorithm to
create a beautiful zoomed-in shot to get
closer to the details and compose photos the
way they want it. Apart from a power camera
the device will also have 90Hz Super
AMOLED Display and will come powerpacked
with a 6nm Snapdragon 680
Processor.
On May 22nd realme will also officially
launch the realme C35 as well which is
expected to be the most beautiful phone of
2022 till now.
Siemens profits down as
it plans Russia exit
coronavirus pandemic, the
group said revenues
increased to 17 billion euros
from 14.7 billion euros in the
same quarter last year.
Siemens's "ongoing
mitigation of supply chain
challenges allow us to look
confidently into the second
half of our fiscal year," said
chief financial officer Ralf
Thomas.
The Munich-based
conglomerate confirmed its
full-year outlook, targeting
growth in revenue of between
six and eight percent.
The projection was based
on the expectation that
disruptions from the
coronavirus and strained
supply chains "will not
worsen", it said.