Ceramic Bangladesh Magazine

Driving Tile Innovation in Bangladesh

Introduction: Bangladesh’s Ceramic Industry on the Rise Over the past decade, Bangladesh has witnessed remarkable growth in its ceramic industry, particularly in the field of ceramic tiles. What was once a modest segment catering primarily to domestic demand has now evolved into a thriving sector, contributing significantly to the country’s industrial output, employment, and exports. With rapid urbanization, rising consumer aspirations, and infrastructural development across the nation, ceramic tiles have become a symbol of both practicality and modern living. At the heart of this growth story lies a crucial but often less visible factor: the availability of high-quality raw materials, advanced technology, and reliable technical support. Without a steady supply of consistent, innovative, and globally benchmarked inputs, manufacturers would find it challenging to compete on quality, efficiency, and design. This is where Xphere Global has played a pivotal role through its flagship company, Vidres India Ceramics, driving innovation and providing dependable solutions that have reshaped Bangladesh’s ceramic landscape. Equally important is the role of technology, where Kerajet, Spain, has emerged as a new alternative for world-class digital printing solutions. These advanced technologies are now being introduced to Bangladesh through Trans India Ceramics, the authorized distributor of Kerajet and another group company of Xphere Global. Together, this integrated approach ensures that manufacturers have access to not only the finest raw materials but also cutting-edge printing technology — empowering the industry to deliver tiles and tableware that meet global standards of design and performance. Our Flagship Presence in Bangladesh: Building Trust Over 5 Years A key milestone in the evolution of Bangladesh’s ceramic tile industry has been the entry of Xphere Global and Vidres India Ceramics, which forayed into this market five years ago. Since then, the company has established itself as one of the trusted brands in the sector, delivering reliable solutions that empower manufacturers to enhance quality, innovate with confidence, and stay aligned with global trends. Through a blend of high-quality raw materials, consistency, and innovation-driven partnerships, Xphere Global and Vidres India Ceramics have contributed significantly to raising benchmarks in the Bangladeshi ceramic industry. Our efforts are not just about supplying materials — they are about nurturing long-term relationships and enabling manufacturers to bring world-class surfaces and finishes to both domestic and export markets. Beyond Supply: Technical Support as a Differentiator In the competitive world of ceramics, having access to raw materials is not enough. The real edge comes from knowing how to use those materials effectively to produce innovative, market-ready products. This is where our superior technical support sets us apart. Collaborative Development: Our technical teams work closely with Bangladeshi tile manufacturers, helping them fine-tune formulations, experiment with new surfaces, and troubleshoot production challenges. This collaborative approach ensures that our partners are not just keeping up with trends but setting them. Training & Knowledge Sharing: We conduct technical workshops, training sessions, and joint development programs to upskill local teams. By transferring knowledge and expertise, we empower manufacturers to push boundaries and explore new market opportunities. Problem-Solving Expertise: From glaze application issues to kiln performance, our experts provide hands-on guidance, reducing downtime and ensuring smoother operations. For many manufacturers, this level of support is the difference between staying competitive and falling behind. Technology Partnerships Driving Innovation Alongside raw material excellence, technology plays a transformative role in defining the competitiveness of the ceramic industry. Here, Trans India Ceramics has emerged as a crucial partner, serving as the official distributor for Kerajet S.A., Spain. Kerajet is recognized globally as a pioneer in digital printing technology, delivering highly effective printing solutions that cater to both the ceramic tile and tableware industries. By bringing this cutting-edge technology to Bangladesh through Trans India Ceramics, manufacturers are now empowered to produce tiles and tableware with superior design precision, versatility, and efficiency, ensuring they meet the evolving demands of both domestic and international consumers. This synergy of world-class raw materials, robust technical support, and state-of-the-art printing technology positions Bangladesh’s ceramic sector to compete confidently on the global stage. Leveraging Global Trends for Local Growth Ceramics is a truly global industry, with trends often originating in Europe, the Middle East, or Asia before spreading worldwide. Our presence in multiple international markets gives us a unique vantage point to bring global insights into the Bangladeshi context. Some of the key global trends we have been helping Bangladeshi manufacturers embrace include: Large-Format Tiles: Growing popularity of slabs and large surfaces for modern architecture and interiors. Eco-Friendly Production: Increased demand for sustainable, low-carbon processes and recyclable materials. Digital Printing & Advanced Surfaces: Innovative printing technologies creating wood, stone, and marble-like finishes. Functional Surfaces: Anti-slip, antibacterial, and easy-to-clean finishes gaining traction with health-conscious consumers. By aligning our raw materials and technical services with these trends, we enable Bangladeshi producers to compete not only in domestic markets but also internationally, enhancing the reputation of “Made in Bangladesh” ceramics.

CERAMIC FORUM SPARKS BANGLADESH-CHINA INDUSTRY SYNERGY

In mid-July, Dhaka hosted the Asian Ceramics Technology 50 Forum at Hotel Amari’s Eden Grand Ballroom, marking a pivotal moment for Bangladesh’s ceramic industry. The event gathered leaders from Bangladesh and China to explore innovation, efficiency, and cross-border collaboration under the theme “Product Quality & Production Efficiency Enhancement and Investment Opportunities in Bangladesh – Win-Win Cooperation.” Delivering the welcome address, Irfan Uddin, general secretary of the Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA), emphasised knowledge-sharing and sustainable growth. Praising China’s global leadership in ceramics, he said their participation reflected a shared commitment to regional cooperation. Chief guest Md Mamunur Rashid FCMA, acting BCMEA president and additional managing director of X Ceramic Group, highlighted the forum’s role in strengthening Bangladesh-China ties through joint ventures, technology transfer, and strategic investment. “Forums like this serve as a powerful platform for dialogue, innovation, and mutual growth,” he said, citing supportive government policies. The first technical session, chaired by Mohd Ziaul Hoque Zico, director of BCMEA and CEO of Hua Thai Ceramics, focused on quality and efficiency. Speakers included consultant Engr. Sadat H. Talukder and Luo Fei of Foshan Uniceramics Development. Discussants Saidur Rahman Khan of Akij Ceramics and Yang Shuilan of Foshan Lang Kun Electromechanical added insights. Yang noted rising consumer demand and costs, stressing that “quality and efficiency are not trade-offs but the double-helix genes of survival,” citing intelligent kiln control and AI visual inspection. Talukder pointed out Bangladesh’s low global market share—0.48% in tableware, 0.005% in sanitary ware, and 0.001% in tiles—despite resources, urging advanced kiln technologies, solar integration, and skill development. Khan said quality depends on customer satisfaction, warning that internal and external failures drive up costs, making productivity gains essential. The second session, chaired by Mahin Bin Mazher, adviser to BCMEA and MD of X Ceramic, explored cost reduction and tile performance. Mohammad Bayazed Bashar of DBL Ceramics proposed using locally sourced liquid sodium silicate to cut costs by 50%. He showcased DBL’s zero-waste strategy and cogeneration initiatives that saved 18.8 million standard cubic metre of gas—worth $1.2 million—with pilots targeting net-zero emissions by 2030. Liu Zhanjie of Foshan Uniceramics noted Bangladesh’s rising output. In 2023, the country produced 280 million square metre of tiles and 16 million sanitary ware pieces, with per capita tile consumption at 1.65 sqm—far below China’s 6.9 sqm in 2017 He projected tile output could reach 700–840 million sqm and sanitary ware 40–48 million pieces in a decade. AKM Ziaul Islam of Meghna Ceramic stressed lowering costs and boosting efficiency, citing the sector’s evolution since 1984 and labour advantages. Sun Bowen of Zibo Huayan detailed high-strength ceramic rollers and shuttle kiln technology, with 1.5 million-piece annual capacity. The final session, chaired by Dr Md Anwar Ullah FCMA, featured Md Mominul Haque of LankaBangla Investments, who cited GDP growth of 3.8–3.97%, inflation easing to 8.48%, and reserves rebounding to $31 billion. He noted Bangladesh’s emergence as the 9th largest consumer market by 2030. Muhammad Nazrul Islam of Sandhani Life Finance urged foreign investment, citing high dividend yields. Joanna Sun of Tangshan Hexiang highlighted sanitary ware expertise and 536 patents, including 37 inventions. The forum concluded with a shared vision: Bangladesh-China cooperation can drive innovation, reduce costs, and elevate Bangladesh’s ceramics industry to global prominence. Photo: Courtesy Written by Sajibur Rahman

Meghna Ceramic’s Fresh brand redefining Bangladesh’s ceramic industry

Sustainability, innovation, and design leadership define Meghna Ceramic Industries Ltd. (MCIL), a concern of Meghna Group of Industries (MGI). Since its establishment in 2021 under the brand Fresh Ceramics, the company has rapidly grown into one of Bangladesh’s leading tile manufacturers while setting new benchmarks in responsible ceramic production. Nestled in Ashariar Char of Meghnaghat, Sonargaon, Narayanganj — nearly 39 kilometres from the capital Dhaka — MCIL boasts the highest tile production capacity in Bangladesh at 51,000 square metres per day. With cutting-edge machinery from the USA, Germany, Italy, and China, and Bangladesh’s longest kiln (261 metres) under a single shade, MCIL reflects both scale and vision. But what truly distinguishes it is a deep commitment to sustainability and environmental stewardship, ensuring growth aligns with ecological responsibility and worker wellbeing. Sustainability at the Core AKM Ziaul Islam, chief operating officer at Meghna Ceramic, explained how Fresh Ceramics is working to remain true to its promise of “A Fresh Start to an Aesthetic Life.” “We have designed our factory to minimise environmental impact while maximising efficiency.” MCIL has taken six core initiatives: Zero Groundwater Dependency: Surface water treated in-house through a Water Treatment Plant (WTP). Wastewater is purified in an Effluent Treatment Plant (ETP) and safely discharged — ensuring a closed-loop water cycle. Emission-Free Operations: Kilns release only clean white vapour, with no carbon emissions or black smoke. Advanced Heat Management: Controlled heat systems eliminate external heat emissions, ensuring worker-friendly indoor conditions. Dust-Free Environment: A dust management system ensures minimal discharge, protecting workers and the community. Renewable Energy Integration: Solar panels feed into the company’s grid, reducing fossil fuel dependence. Daylight Optimisation: Architectural features reduce the need for artificial lighting, lowering electricity use. Together, these initiatives underscore MCIL’s leadership in sustainable manufacturing and its role as a responsible industry pioneer. “We designed the factory not only to protect the environment but also to ensure a safe, healthy, and efficient workplace for our employees,” Islam added. Vision and Growth “The vision behind MCIL was to redefine aesthetic living in Bangladesh by offering high-quality ceramic tile solutions that combine durability, functionality, and design,” Islam said. Fresh Ceramics started with small-sized tiles before expanding across all ranges and surfaces. Known for glossy tiles with exceptional smoothness, it became the first in Bangladesh to introduce a full line of double charge tiles in three market-winning sizes. Building on that success, MCIL now offers matt and matt-carving tiles, with its R&D team pushing innovation to match modern lifestyles. Nationwide, the brand has built a robust distribution network through dealers, retailers, and exclusive showrooms. Its flagship display centre, “House of Aesthetics,” opened in Dhaka’s Hatirpool, with another underway in Chattogram. Innovation and Technology Meghna Ceramic has invested heavily in advanced laboratories and modern systems, ensuring precision, durability, and design superiority. Its laboratory is currently the most advanced in Bangladesh, capable of analysing raw materials and finished products with extreme precision. Social Responsibility “Our parent company, Meghna Group of Industries, is actively engaged in a wide range of CSR initiatives, contributing significantly to community development across Bangladesh,” said the COO. “Uniquely, we have introduced an insurance policy — the first of its kind in Bangladesh’s tile industry — for over 3,000 tile fitters, recognising their essential role in the sector.” Along with this, every year the “Eid Express” campaign is organised, through which the group ensures safe travel for lower-income tile labourers, workers, fitters, and store assistants at dealer showrooms. MCIL also takes pride in other efforts that the group undertakes to contribute to society. “We have currently employed over 1,500 people across our factory, sales, distribution, and support departments. Women are working side by side with men, ensuring an inclusive and diverse workplace,” Islam added. Meghna Ceramic also maintains a clean, safe, and climate-controlled work environment, where skilled and semi-/non-skilled individuals are hired and provided with on-the-job training to help them gain industry-relevant skills. Challenges and Resilience The ceramic industry faces hurdles such as raw material dependency, volatile energy prices, and high taxation. “Over 90 percent of essential raw materials are imported, making manufacturers vulnerable to global fluctuations,” said Islam. MCIL tackles these challenges by running efficient production lines, sourcing through diversified suppliers, adopting renewable energy, and advocating for supportive policies. Market Leadership and Future Outlook Domestically, Fresh Ceramics has become the highest-selling tiles brand in Bangladesh. MCIL is confident of entering global markets soon, backed by international-standard production and competitive pricing. Meghna Ceramic is preparing to expand into sanitaryware alongside new surface technologies and tile sizes. Its strategy balances nationwide reach with a growing focus on metropolitan and cluster markets. “We actively gather market insights and conduct R&D to drive innovation. Our future expansion is designed to make Fresh Ceramics a complete lifestyle solution for customers,” Islam said. Ready for the Global Market MCIL is not just building for the local market — it’s thinking globally. Its advanced production lines, strict quality control, and trend-driven designs make it a strong candidate for international success. “From the ground up, we built MCIL with a global mindset. Our plant layout, automation level, lab testing capabilities, and product design are all geared toward international markets. We’ve already received interest from buyers in the Middle East and Europe,” said Ziaul. He emphasised the brand’s international readiness and commitment to excellence. “Fresh Ceramics is not just a local brand — it’s designed for global demand. Whether it’s product innovation or packaging, we’ve benchmarked ourselves against top-tier global producers. Our leadership believes that only those companies that combine innovation with responsibility will survive in the global arena.” Leading with Purpose With sustainability at its core, innovation driving its growth, and responsibility guiding its social impact, Meghna Ceramic Industries Ltd. is not just producing tiles — it is shaping the

Spotlights

Urban October 2025: IAB Organises Daylong Event, Three-Day Exhibition

The Institute of Architects Bangladesh (IAB) on November marked Urban October 2025 with a day-long celebration at its Multipurpose Hall, bringing together students, professionals, and policymakers to reflect on the future of urban design in Bangladesh. Timed to coincide with World Architecture Day, World Habitat Day, and World Cities Day, the event began at 10:30 am with the opening of a three-day exhibition showcasing student urban design studio projects from architecture departments across IAB-accredited universities. Participating institutions include Bangladesh University of Engineering and Technology (BUET), Bangladesh University (BU), BRAC University (BRACU), Chittagong University of Engineering and Technology (CUET), North South University (NSU), American International University-Bangladesh (AIUB), Ahsanullah University of Science and Technology (AUST), Khulna University (KU), Shahjalal University of Science and Technology (SUST), Dhaka University of Engineering and Technology (DUET), Daffodil Institute of IT (DIT), Southeast University (SEU), Stamford University, State University, and the University of Asia

Bangladesh’s Largest Travel Expo Begins Thursday

The 13th edition of the Biman Bangladesh Travel & Tourism Fair (BTTF) 2025 opened Thursday morning at the Bangladesh-China Friendship Conference Center (BCFCC) in Dhaka, marking the return of the country’s largest international tourism expo. Organised by the Tour Operators Association of Bangladesh (TOAB), the three-day event runs from October 30 to November 1 and is expected to draw tens of thousands of visitors, including over 2,000 trade professionals. The fair is open daily from 10:00 AM to 8:00 PM, with an entry fee of Tk 50 per person. Students, freedom fighters, and July war heroes are granted free entry, ensuring inclusive access to the event. This year’s fair features participation from more than 120 local and international organisations, showcasing their products and services through around 220 stalls and 20 pavilions. Among the international participants are national tourism boards, airlines, tour operators, hotels, resorts, travel agencies, financial institutions, and healthcare providers. Twenty international hospitals are promoting medical and wellness tourism, reflecting the growing interest in cross-border healthcare travel. Biman Bangladesh Airlines is the title sponsor of BTTF 2025, joined by IHG Hotels & Resorts as the gold partner and bKash as the payment partner, with cashback offers available for visitors purchasing entry tickets via bKash. Spanning 60,000 square feet, the exhibition is divided into four themed halls—Celebrity, Carnival, Harmony, and Milky Way—designed to facilitate targeted engagement between exhibitors and attendees. The layout includes dedicated spaces for B2B sessions, seminars, country presentations, cultural performances, and documentary screenings on Bangladesh’s tourist attractions, offering a comprehensive platform for both commercial exchange and public interaction. The opening ceremony on Thursday was presided over by Md. Rafeuzzaman, president of TOAB, and formally inaugurated by Lutfe Siddiqi, special envoy to the chief adviser on international affairs, who served as chief guest. Md. Taslim Amin Shovon, director (trade & fair) at TOAB, delivered the welcome address, while Mohammad Yunus, director (media & publications), conducted the programme. Friday’s programme includes a B2B networking session, multiple seminars, and a roundtable discussion, while Saturday will feature a grand raffle draw and the closing ceremony. Daily cultural shows and sideline events are expected to enhance visitor engagement. TOAB, which has been organising BTTF annually since 2007, aims to position Bangladesh as a competitive player in the global tourism market. With 751 active members, the association regularly participates in international fairs such as ITB Berlin, WTM London, and FITUR Madrid, and collaborates with the Ministry of Civil Aviation and Tourism, Bangladesh Tourism Board, and Bangladesh Parjatan Corporation. According to organisers, BTTF 2025 is designed to promote both inbound and outbound tourism, with a special focus on niche segments including culinary, cultural, leisure, cruise, and adventure travel. Business and corporate travel also feature prominently, alongside medical tourism, which has seen increased demand in recent years. Distinguished guests at the inauguration included Saima Shahin Sultana, chairman of Bangladesh Parjatan Corporation; Naila Ahmed, joint secretary (tourism-1 branch) of the Ministry of Civil Aviation and Tourism; Dr. Md. Shafiqur Rahman, managing director and CEO of Biman Bangladesh Airlines; Md. Mainul Hasan, additional IGP of Bangladesh Tourist Police, and Nuzhat Yasmin, CEO of Bangladesh Tourism Board, alongside TOAB advisors, directors, and steering committee members. Written by Nibir Ayaan

CUET to Host 3rd International Conference on Green Architecture

The Chittagong University of Engineering and Technology (CUET) will host the third International Conference on Green Architecture (ICGrA 2025) from December 4-5 this year, bringing together more than 100 scholars and thousands of professionals to explore sustainable design and community-scale environmental responsibility. The conference will be jointly organised by the Green Architecture Cell (GrACe) and the Department of Architecture (DoA) of Bangladesh University of Engineering and Technology (BUET) and Chittagong University of Engineering and Technology (CUET). Themed “Healthy Buildings on the Path to nearly Zero Emission Communities (neZECom),” the event will examine the relationship between building-level well-being and broader sustainability goals. The Bengali interpretation of neZECom, “Reduce self-need,” reflects the conference’s ethos: a low-emission future begins with mindful consumption and responsible environmental behaviour. Building on the success of its earlier editions in 2017 and 2018, ICGrA 2025 continues a legacy of fostering awareness and collaboration on sustainability in the built environment. The conference venue, CUET’s Department of Architecture, lies between the Bay of Bengal and the Chittagong Hill Tracts, offering a scenic setting for dialogue and discovery. The conference is supported by a wide network of collaborators, including the Institute of Architects Bangladesh (IAB), Bangladesh Institute of Planners (BIP), the ZEMCH Network at the University of Melbourne, and architecture departments from DUET, KUET, RUET, KU, SUST, MIST, and Dhaka University, alongside institutional partners such as the Bangladesh House Building Finance Corporation (BHBFC) and alumni associations from BUET and CUET. Prof. Dr. Md Ashikur Rahman Joarder of BUET is chairing the ICGrA 2025 and Prof. Dr. Sajal Chowdhury of CUET is the conference secretary. The 2025 edition will feature keynote addresses, paper and poster presentations, exhibitions, cultural events, and the publication of proceedings. Selected papers will be considered for publication in indexed journals. Five parallel workshops will be organised on separate topics as part of the third ICGrA 2025. Each workshop will be led by distinguished faculty members from BUET and CUET, offering participants the opportunity to engage directly with experts in the field. Workshop Topics and Leaders • Thermal Comfort Led by: Prof. Dr. Khandakar Sabbir Ahmed, BUET Focus: This workshop will delve into strategies for achieving optimal thermal conditions in buildings, addressing passive cooling, material selection, and climate-responsive design to enhance occupant comfort and energy efficiency. • Acoustics Led by: Prof. Dr. S. M. Najmul Imam, BUET Focus: Participants will explore acoustic performance in architectural spaces, including noise control, sound insulation, and design techniques for creating healthy auditory environments in residential and public buildings. • Daylighting Led by: Prof. Dr. Md. Ashikur Rahman Joarder, BUET Focus: This session will examine the role of natural light in building design, covering daylight simulation, visual comfort, energy savings, and integration of daylighting strategies into architectural planning. • Environmental Experience Design (EXD) Led by: Prof. Dr. Sajal Chowdhury, CUET Focus: The workshop will introduce participants to user-centred environmental design, focusing on sensory experience, spatial perception, and psychological well-being in built environments. • Computational Building Information Modeling (BIM) Led by: Md Mizanur Rahman of BUET Registration Details Date: December 5, 2025 Time: 10:00 AM – 4:00 PM Venue: CUET, Chattogram, Bangladesh Early Bird Registration (per topic): Tk 5,000 (by October 31, 2025) Regular Registration (per topic): Tk 7,000 (by November 15, 2025) Seats are limited, and participants must complete a separate registration for each workshop they wish to attend. Individual registration is allowed for any of the four topics. Awards will be presented for Best Paper, Best Presentation, and Best Poster. Topics for submission span health and well-being, green buildings, zero energy and emissions, community and lifestyle, user-centred design, climate resilience, decarbonisation, circularity, life cycle assessment, energy efficiency, vernacular architecture, retrofitting, conservation, innovation, policy, materials, methods, water and waste management, safety, and pedagogy. Organisers say ICGrA 2025 aims to drive practical action, inform policy, and strengthen academic and professional collaboration across disciplines. Written by Nibir Ayaan

Architect Irteza Ameen to Deliver Fall 2025 Lecture

The Department of Architecture at Bangladesh University is set to host the third lecture of its Fall 2025 series, spotlighting the power of visual storytelling in design. Titled “From Concept to Composition: Building Visual Narratives,” the session will feature Architect Irteza Ameen, founder of the multidisciplinary studio Design Commune. This lecture marks the 14th instalment of Chorcha, the department’s signature platform for architectural discourse. Ameen will guide audiences through the evolution of design thinking—from the spark of abstract ideas to their transformation into spatial compositions where form, material, and graphic language converge to express identity and intent. Drawing from a rich and varied portfolio, Ameen will demonstrate how visual storytelling functions not only as a design tool but as a communicative language—shaping how we interpret, inhabit, and emotionally connect with space. Ameen, a Bangladeshi architect and designer, is known for his seamless integration of architecture, graphic design, and user experience. His studio, Design Commune, operates at the intersection of built form and cultural narrative, crafting works that are both contextually grounded and visually articulate. His notable collaborations include archival and publication projects on three of Bangladesh’s architectural luminaries—Architect Muzharul Islam, Architect Bashirul Haq, and Professor Shamsul Wares—as well as a wide array of architectural, interior, and exhibition design ventures. Through his practice, Ameen exemplifies a rare synthesis of architectural rigour and graphic precision, producing designs that resonate with character, clarity, and cultural depth. Event Schedule: Date: Saturday, November 1, 2025 Time: 3:30 pm Venue: Room 101, Department of Architecture, Bangladesh University. Written by Nibir Ayaan

Business Insights

AkijBashir Group and MHM Properties Ltd. Partner to Enhance Premium Living Experiences in Bangladesh

AkijBashir Group has signed a strategic partnership with MHM Properties Ltd. to strengthen collaboration in providing premium building material solutions and enhancing customer value in Bangladesh’s real estate and construction sectors. The Memorandum of Understanding (MoU) was signed on October 14, 2025, marking a significant step toward integrating design excellence, innovation, and quality in modern living spaces. In the deal, MHM Properties Ltd. will promote and sell the top brands of AkijBashir, namely, Akij Ceramics, ROSA Sanitaryware, Akij Particle Board Mills Ltd., Akij Door, Akij Bathware, and AkijBashir Glass using its own network and outlets. The partnership is expected to provide the tiles, sanitaryware, bathware, boards, doors and glasses, as a one-stop solution in the world-class quality and design of their products, with the aim of having a trusted partner. Directors of MHM Properties Ltd. Mr. Mahmudul Hasan Tonmoy, Director, Akij Ceramics Ltd. Mr. Mohammed Ashraful Haque, General Manager, Sales, and AkijBashir Group Chief Operating Officer were the signatories of the MoU. At the signing, Mr. Khourshed Alam remarked that we are happy to collaborate with MHM Properties Ltd. in order to increase the outlets of the various product lines of AkijBashir. This

AkijBashir Group has entered into a strategic partnership with the Infrastructure Development Company Limited (IDCOL)

In a major step toward sustainable industrial growth, AkijBashir Group has entered into a strategic partnership with the Infrastructure Development Company Limited (IDCOL) to promote energy efficiency and renewable energy across its operations. The collaboration, formalized at an event held at Sheraton Dhaka, marks a significant milestone in advancing green industrial practices in Bangladesh. AkijBashir Group has been funding several sustainability projects in the last couple of years through its Energy Efficiency and Rooftop Solar financing programs funded by IDCOL. These projects have enabled the deployment of industrial rooftop solar capacity of more than 90MWp, of which over 60MWp has been deployed and has become one of the largest solar portfolios in the private sector in Bangladesh. One of the highlights of the joint venture is a pioneer project of Janata Jute Mills Ltd. in Boalmari, Faridpur, that will become the first in the world to be a fully operational jute mill using renewable energy by the first quarter of 2026. In the long-term sustainability, the Group targets to produce a renewable energy of 1,000 MWh every day by 2027. During the event, AkijBashir Group Managing Director, Mr. Taslim Md. Khan, and IDCOL Executive Director and CEO, Mr. Alamgir Morshed, emphasized the role of collaboration in the development of the future of the low-carbon industry. AkijBashir Group is determined to be 100% renewable in all its manufacturing plants by the year 2030, which is in line with its vision Beyond Tomorrow- impetus on sustainability, innovation, and industrial perfection.

World Investor Week rings the bell on financial fraud awareness

A global initiative to promote investor education and protection is underway as World Investor Week 2025 runs from October 6 to 12, led by the International Organization of Securities Commissions (IOSCO). Now in its latest edition, the campaign aims to raise awareness about the importance of financial literacy, responsible investing, and the protection of investors in an increasingly digital and complex financial landscape. The global campaign features participation from securities regulators, exchanges, financial organisations, and educators across six continents, with events tailored to national and regional contexts. Activities include public awareness drives, webinars, training sessions, and outreach campaigns designed to help investors make informed decisions and guard against fraud. A flagship feature of the campaign is the “Ring the Bell for Financial Literacy” initiative, held in collaboration with the World Federation of Exchanges (WFE). Stock exchanges around the world symbolically “ring the bell” to demonstrate their commitment to investor education and market transparency. Focus on Fraud, Digital Threats, and Investor Awareness This year’s programme includes a strong emphasis on the emerging threat of digital fraud, particularly those involving artificial intelligence and online scams. On October 7, U.S. regulators including the National Futures Association (NFA), FINRA, and the Commodity Futures Trading Commission (CFTC) hosted a webinar titled “Deconstructing to Disrupt Fraud”, which was a two-part event featuring Dr. Arda Akartuna. The session explored how AI technologies are being weaponised by fraudsters, and how regulators and investors can respond with vigilance and education. In Indonesia, the national financial regulator Otoritas Jasa Keuangan (OJK) is hosting a regional webinar on October 9 titled “Empowering Investors: Invest Wisely and Stay Safe from Fraud and Scams.” The event features speakers from IOSCO’s Committee on Retail Investors and will discuss practical strategies to improve retail investor protection. Investor education for older adults is also a priority in this year’s campaign. In the United States, the CFTC, FBI, and AARP have partnered on outreach aimed at Americans aged 50 and older, focusing on helping them identify and avoid scams. The organisers report that over 250 participants registered for this dedicated session. Global Backing and Institutional Support World Investor Week is supported by a wide range of international partners, including: The World Bank OECD G20 Sustainable Stock Exchanges (SSE) Initiative International Financial Reporting Standards (IFRS) Foundation European Fund and Asset Management Association (EFAMA) These partnerships reinforce IOSCO’s broader mission to promote not only awareness, but also long-term behavioural change among investors and institutions globally. As the global standard-setter for securities regulation, IOSCO collaborates closely with the Financial Stability Board (FSB) and the G20 to ensure that investor protection remains a key pillar of global financial integrity and stability. Building Resilience in a Complex Investment Landscape With financial markets rapidly evolving due to digitisation, AI technologies, and cross-border investment platforms, retail investors are exposed to new complexities and risks. World Investor Week serves as a timely reminder of the need for robust financial education, stronger regulatory safeguards, and proactive public engagement. As the campaign continues through October 12, organisers hope to empower individuals with the knowledge to navigate risks, detect fraud, and contribute to more resilient financial markets across all levels of society. Written By Nibir Ayaan

Bangladeshi Hotels, Resorts Win Big at South Asian Travel Awards 2025

Bangladesh’s hospitality sector received a resounding endorsement on the international stage as several leading local hotels, resorts, and tour operators were honoured at the South Asian Travel Awards (SATA) 2025, held at the Cinnamon Grand in Colombo. The glittering ceremony, widely regarded as one of the region’s most prestigious events in the travel and tourism calendar, brought together top-tier organisations from Sri Lanka, India, the Maldives, Nepal, Bhutan, and Bangladesh. A total of 53 Gold Awards and 113 Silver Awards were presented across a range of categories, recognising excellence in service, innovation, and guest experience. Bangladeshi winners spanned multiple categories, reflecting the country’s growing reputation as a destination of choice for regional and international travellers. Award Winners from Bangladesh Baywatch: South Asia’s Best New Hotel and South Asia’s Leading Beach Resort HANSA – A Premium Residence: Leading Designer Hotel/Resort Holiday Inn Dhaka City Centre: Leading City Hotel Intercontinental Dhaka: Leading Luxury Hotel Momo Inn: Leading Family Hotel & Resort and Leading Convention Center Award Platinum Grand: Leading Boutique Hotel Platinum Residence: Leading City Hotel and Leading Budget Hotel Radisson Blu Chattogram Bay View: Best Eco-Friendly Hotel Radisson Blu Dhaka: Leading Airport Hotel and Leading Meeting & Events Sayeman Beach Resort: Leading Wedding Hotel/Resort Sayeman Heritage: Leading Heritage Hotel/Resort The Palace Luxury Resort: Leading Palace Hotel The Peninsula Chittagong: Best CSR Program, Leading F&B Hotel, and Leading Business Hotel The Westin Dhaka: Leading Wellness and Spa Hotel/Resort Bangladesh Tour Group (BTG): South Asia’s Leading Inbound Travel Agent and Best Promotion Campaign in South Asia Travel Classic (Pvt.) Limited: Leading Travel Agent – Outbound Winning awards in different categories was no easy feat. Each submission underwent a rigorous selection and evaluation process. The SATA 2025 Awards were presented to organisations that embody excellence in service delivery, innovation, sustainability, leadership, and overall industry impact. During the evaluation stage, 60 percent of the marks came from the professional judges’ report cards, with the remaining 40 percent from online public voting. Judges scored submissions based on multiple criteria: service excellence, innovation and improvement, customer satisfaction, sustainability and responsibility, operational excellence and safety, sales and revenue performance, leadership and team development, and industry contribution. This year, SATA placed particular emphasis on sustainability, cultural authenticity, and digital innovation. “SATA brings together over 300 delegates from across the South Asian region to celebrate the best of South Asian hospitality brands,” said SATA President Ismail Hameed at a press conference held during the event. He added that international establishments such as the Taj Mahal Palace, as well as brands from Nepal and Bhutan, which are unique in their own right, took part in this year’s show. “From travel agents’ associations to hotel associations to tourism boards — all are part of SATA,” Hameed said. He noted that South Asian destinations hold great tourism potential, offering everything from cool weather and beaches to mountains, heritage, history, culture, food, and delicacies. Md Mohsin Hoq Himel, Secretary of the Bangladesh International Hotel Association (BIHA), who attended the event, said: “BIHA has been working with the South Asian Travel Awards in Bangladesh.” Under the overall guidance of Hakim Ali, founder of BIHA, the association has participated in the prestigious event every year, he said. Through this platform, BIHA aims to highlight the service standards of Bangladesh’s local hotels and resorts, showcasing their uniqueness and distinctiveness alongside other regional hotels, Himel added. “This year, every Bangladeshi hotel and resort has achieved remarkable positions. We extend our heartfelt congratulations to all the award winners.” According to representatives of Bangladesh’s hospitality sector, this international recognition will further advance the country’s tourism and hotel industry in the global market and strengthen Bangladesh’s brand image worldwide, he said. The first edition of the South Asian Travel Awards began in 2016 and has been organised by Highrise every year since, with the support of multiple associations and tourism bodies from across the South Asian region, according to the SATA website. The annual search for South Asia’s most outstanding travel organisations spans a month each year from March to April, calling upon industry professionals to name their preferred travel suppliers in the region who have risen above the competition and surpassed expectations, it read. “The awards programme continues to serve as a platform for nations to come together, not in competition, but in celebration of shared triumphs and brilliance.” Written by Nibir Ayaan