Ceramic Bangladesh Magazine

KARMASANGSTHAN BANK: Vision for Inclusive Growth

Karmasangsthan Bank is a unique state-owned social bank in Bangladesh, established in 1998 to turn unemployed youth into entrepreneurs. Its mission is to extend financial services to underserved communities and foster sustainable businesses. Literally translated as the “Employment Bank,” it empowers aspiring entrepreneurs to transform their ideas into sustainable ventures. Born from a national vision for inclusive economic development, the bank has dedicated itself to bridging the financial gap for underserved segments of society, particularly in rural areas. This focus on inclusive growth sets it apart from conventional commercial banks and makes it an essential instrument for national development. Under a government mandate and with initial capital of Tk 300 crore, Karmasangsthan Bank was created to tackle unemployment by funding small enterprises. Over time, government backing has expanded its loan pool to around Tk 4,500 crore, amplifying its reach. Its core purpose remains nurturing grassroots entrepreneurship and uplifting marginalised groups. Karmasangsthan Bank tailors its products to the needs of unemployed youth and small-scale entrepreneurs. Its flagship offerings include: Low-interest and interest-free loans for start-up ventures, microcredit schemes designed for first-time borrowers and special financing packages for persons with disabilities. The bank’s board unites professionals from financial and administrative backgrounds, ensuring strategic oversight and mission alignment. In November 2024, Dr AFM Matiur Rahman took the helm as the 14th chairman, while Arun Kumar Chowdhury guides daily operations as Managing Director. Their stewardship has driven both stability and innovation. With over 285 branches and 1,800 employees spanning every district and most upazilas, Karmasangsthan Bank brings its services to urban centres and remote villages alike. This footprint underscores its commitment to rural financial inclusion and fuels broader socio-economic development across Bangladesh. Beyond financing, Karmasangsthan Bank serves as a catalyst for community uplift. Its operations blend government policy, entrepreneurial mentoring, and localised development initiatives—proving that a bank can be a powerful tool for social transformation. To reach the unbanked, the bank is rolling out mobile banking apps, digital payment gateways, and online portals. These technologies bridge geographic divides, making services more accessible to rural and marginalised populations. Through initiatives like this, Karmasangsthan Bank continues to fulfil its mission of fostering a balanced economic structure by converting the population into productive manpower and reducing unemployment. Currently, Bangladeshi citizens aged 18 to 50 are eligible for loans up to Tk 5 lakh without collateral and up to Tk 75 lakh with collateral. Thanks to its outstanding performance across key indicators, Karmasangsthan Bank ranked first among state-owned specialised banks for the last two consecutive fiscal years. The government approved the construction of a 25-storey multi-purpose building atop a four-storey basement at a cost of Tk 260 crore. This project will be built on 37 decimals of land formerly belonging to the Times-Bangla Trust in Motijheel, Dhaka, now registered under the bank’s name. Since Karmasangsthan Bank operates under a similar model as Grameen Bank, the government should consider granting it full tax exemption. This measure would enable the bank to lower its interest rates further, providing greater support to unemployed and poor borrowers. Additionally, the nation would benefit from more affordable products, fostering a competitive market environment. Bank’s Performance Karmasangsthan Bank has lent Tk 18,000 crore to over 1.2 million youth, indirectly benefiting some 4.2 million people. Its recovery rate is about 96%. Currently, approximately 2,25,000 entrepreneurs—30% of whom are new each year and 40% of whom are women—tap into its schemes, with a total of about Tk 4,300 crore in outstanding loans. In the last fiscal year (July 2024–June 2025), Tk 2,838 crore was disbursed in self-employment loans to 1,25,000 entrepreneurs. Tracking job creation and enterprise growth provides clear evidence of its social footprint. The breakdown includes: Cattle fattening: Tk 1,595 crore (56.2%) to 76,744 individuals. Dairy farms: Tk 525.36 crore (18.5%) to 24,712 individuals. Fisheries: Tk 126.75 crore (4.5%) to 5,832 individuals. Poultry farms: Tk 15.43 crore (0.6%) to 745 individuals. Agro-based industries and nurseries: Tk 11.28 crore (0.4%) to 530 individuals. Commercial sector: Tk 160.35 crore (5.65%) to 7,309 individuals. Service sector: Tk 76 crore (2.65%) to 3,669 individuals. Small and cottage industries: Tk 53.84 crore (2%) to 2,531 individuals. Other sectors: Tk 275 crore (9.5%) to 2,100 individuals. During the same period, the bank earned Tk 408.37 crore in revenue against operational expenses of Tk 270.33 crore. Its pre-tax profit stood at Tk 138.04 crore, and it paid Tk 19 crore in advance corporate income tax. Customer Success Stories Rezaul Haque, a 45-year-old resident of Sundarpur in Paba Upazila (Rajshahi), transformed his life through commercial fish farming. With an initial loan of Tk 50,000 from the Rajshahi branch of Karmasangsthan Bank, Rezaul received subsequent training from the Department of Fisheries and the Department of Youth Development. Starting modestly, his venture expanded over 95 bighas of water bodies. Today, his investment has soared past Tk 1 crore, and he earns an annual income of about Tk 10 lakh. His journey not only provided him with financial stability but also inspired many local youths to explore similar opportunities, contributing to the region’s growing protein demand. Broadening Horizons in Aquaculture Another remarkable example is Borhan Uddin from Bagsara village. After securing a loan from the bank, Borhan invested Tk 75 lakh in a fish-farming business. With clear prospects for future expansion, his investment is expected to hit Tk 1 crore in the near future. His success story is a testament to how specialised loan products, combined with financial guidance, can spur rapid growth and foster entrepreneurship at the grassroots level. Retail and Small Business Beyond aquaculture, Karmasangsthan Bank has also empowered entrepreneurs in the retail and small-business sectors. For instance, Shahajahan Ali, owner of a local enterprise in Nawhata Municipality Market, has been utilising the bank’s credit support for over a decade to sustain and grow his business. Similarly, Mokbul Hossain, who runs a shoe store in the same market, successfully expanded his operations with consistent financial backing. Beef Fattening and Dairy To promote food security and create

CERAMIC EXPO BANGLADESH 2025 EXPLORE THE WORLD OF CERAMICS

Ceramic Expo Bangladesh 2025 is fast approaching, promising to be the largest and most prestigious exhibition in the country. The event will bring together a wide range of manufacturers, innovators, professionals, and enthusiasts from both the local and global ceramic industries. The Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) will organize the event at the International Convention City Bashundhara (ICCB). This four-day event is more than just an expo – it’s a celebration of innovation, networking, and excellence in ceramics. Key Highlights of Ceramic Expo Bangladesh 2025 B2B & B2C Networking Opportunities Business-to-business (B2B) and business-to-consumer (B2C) sessions will allow exhibitors to showcase new products, technologies, and innovations to their target audiences. These sessions will help businesses explore opportunities for strategic collaboration and expansion. Awards & Recognitions An exciting feature of the event is honouring exhibitors with the Best Pavilion and Stall Design Awards. Exhibitors will design their pavilions and stalls based on their brand identity or how they wish to portray it to their target audience. Winners will be selected by a distinguished jury. A Lifetime Achievement Award has been introduced to honour an individual who has made a significant contribution to the development and growth of Bangladesh’s ceramic industry. Knowledge-Driven Seminars & Conferences The 2025 edition of the expo will host five insightful seminars and panel discussions. These sessions will feature prominent industry experts, architects, engineers, and thought leaders. Topics will focus on the future of ceramics, technological advancements, sustainability, and design innovations. Job Fair For job seekers, students, and professionals, Ceramic Expo Bangladesh 2025 offers a golden opportunity to connect with leading ceramic companies. Visitors will be able to submit their résumés to explore job opportunities with prominent ceramic manufacturers in Bangladesh. Visitor Engagement & Raffle Draw BCMEA will distribute exciting gifts and organise a raffle draw to appreciate and encourage maximum visitor participation. These activities aim to celebrate the continued support for the industry’s growth. Ceramic Expo Bangladesh 2025 proudly invites all to explore, exhibit, network, and learn through the event. It is a gateway to the future of ceramics and a grand opportunity for the ceramic industry to grow further. Written by Preety Dey

A Litmus Test for Bangladesh Economy

It began with a verdict. Not a speech, not a scandal—just a quiet ruling from Bangladesh’s judiciary. On June 5, 2024, the High Court reinstated a quota system for government jobs, reserving 56 percent of positions for specific groups, including descendants of freedom fighters. For many students, it felt like a door slamming shut. Within days, campuses across the country stirred with frustration. The movement that followed—Students Against Discrimination—was born not in fury, but in resolve. Their rallies were orderly, their chants measured. But beneath the surface, tension simmered. By early July, that tension boiled over. The protests evolved into the “Bangla Blockade,” a sweeping shutdown of roads and highways that paralysed the nation’s arteries. Buses vanished. Containers stacked up at ports. Supply trucks idled outside factories. Dhaka’s markets emptied as perishables spoiled in the heat. Exporters missed deadlines. Small traders watched their earnings evaporate. What began as a student movement had metastasized into an economic crisis. DEFINING MOMENTS June 5 | 2024 High Court reinstates quotas June 7-15 | 2024 Students begin peaceful rally, social media activism July 01 | 2024 Nationwide Bangla Blockade begins July 16 | 2024 Violent crackdown, leaving dozens killed Late July | 2024 FDI approvals drop 40%; export delays, gas shortages August 5 | 2024 Interim Government formed Sep–Dec | 2024 Interest hits 10%; ADP spending 49-year low Jan–Mar | 2025 Remittances peak; inflation eases; current account surplus Apr–Jul | 2025 Recovery phase: DSEX up 12.5%; exports rebound; MFS grows 64% August 5 | 2025 One-Year Anniversary A Nation on Edge On July 16 of 2024, the calm shattered. Security forces moved in with batons, tear gas, and live ammunition. The clashes were brutal. Ambulances raced through smoke-filled streets. Students lay bloodied on stretchers. Families camped outside police stations, desperate for news. Independent monitors reported hundreds injured and dozens dead. The government disputed the numbers. But the images—broadcast across television screens and social media—left little room for doubt. The shockwaves were immediate. Investor confidence collapsed. The Dhaka Stock Exchange saw its sharpest single-day drop in five years. Foreign direct investment approvals fell nearly 40 percent in the second half of 2024, according to the Dhaka Chamber of Commerce and Industry. The city, once buzzing with commerce, fell into a hush. Three weeks later on August 5, an interim government was announced, led by Nobel laureate Muhammad Yunus along with a panel of technocrats and civil society leaders. Their mandate: restore stability, rebuild trust, and prevent further economic unraveling. The Economic Aftershocks The July Uprising, as it came to be known, left no sector untouched. While the garment and ceramic sectors bore the immediate brunt, the ripple effects extended far wider. The banking system, already strained by years of financial irregularities, teetered on collapse. A post-uprising asset quality review revealed widespread non-performing loans and misappropriated funds, prompting the interim government to initiate recovery drives and liquidity injections. The Bangladesh Bank raised the policy rate to 10 percent to tame inflation and stabilise the exchange rate. Net foreign direct investment (FDI) dropped to a five-year low in 2024, as global investors cited political instability and opaque regulatory frameworks. The World Bank flagged Bangladesh’s deteriorating investment climate, while local chambers warned that the budget lacked a clear roadmap for restoring investor confidence. The energy sector faced dual shocks: gas shortages crippled industrial output, while privatisation efforts triggered an 18 percent hike in urban electricity tariffs, sparking fresh protests. The mental health toll was staggering. A Bangladesh Medical University seminar revealed that 82.5% of injured protesters suffered from depression, and 64% showed signs of post-traumatic stress disorder, underscoring the long-term human cost of the crisis. In the ceramic industry, 70 factories struggled to stay afloat. The Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) reported that gas pressure—critical for kiln operations—dropped to as low as 2 PSI in some zones, far below the required 15. Production stalled. Costs soared. Their demands were precise: uninterrupted gas supply, priority allocation, compressor permissions, a five-year tariff freeze, and duty-free solar imports. None were met. The garment sector fared no better. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) confirmed shipment delays averaging two weeks during the unrest. Export Promotion Bureau (EPB) data showed a 7.8% decline in garment exports in Q3 of 2024. Buyers in Europe and North America have shifted orders to Vietnam and India. Smaller exporters faced penalties and lost contracts, according to the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA). The Foreign Investors’ Chamber of Commerce and Industry (FICCI) called for stronger rule of law, faster customs clearance, and smoother approvals. The Bangladesh Chamber of Industries (BCI) highlighted the plight of agro-processors, many of whom faced wastage and layoffs. Their appeal: concessional loans and tax relief. Even real estate, long seen as a safe haven, stumbled. The Real Estate and Housing Association of Bangladesh (REHAB) reported a sharp drop in property transactions, citing high registration fees, interest rates, and uncertainty over the Detailed Area Plan (DAP) revisions. Across industries, the message converged: without urgent reform, Bangladesh’s hard-earned gains risked slipping away. The Numbers Behind the Crisis The numbers told a sobering story. By late 2024, exports faltered, imports shrank, and growth slowed to its weakest pace in years. The disruptions that began with student protests soon seeped into every corner of the economy, from factories to food markets. Inflation surged through the summer, eroding wages and squeezing households already under strain. Though the pace of price rises eased the following year, the scars remained. Construction sites went quiet, housing demand collapsed, and long-promised infrastructure projects were postponed. The slowdown was no longer abstract—it showed in half-finished bridges and shuttered shops. Private investment also lost its footing. Business registrations dwindled, banks groaned under bad loans, and confidence withered. Even as revenue collection improved, it could not

Spotlights

An Artist’s Meditative Take on the Textile Crisis

On 10th October, Bengal Shilpalay’s Quamrul Hassan Hall made room for Yasmin Jahan Nupur’s solo exhibition to breathe in silence. Silence that carries the weight of unspoken resistance, forged over decades. Each corner is equipped with different kinds of soft sculptures and artworks, woven and drawn with bare hands. These sculptures will urge you to zoom in, squint, and at times, resist touching and feeling their texture. The space is surrounded by a variety of installations, including tapestry, jamdani woven in a grid-like matrix, a golden net made of zari threads, Bangla phrases stitched in muslin fabric, and hand-drawn textures and patterns. The sculptures, made from gentle materials like thread and wool, celebrate their natural malleability and softness. Her meticulously executed works on paper using only pen and watercolor draw viewers into their quiet depths. In contrast, Nupur’s brass sculptures defy expectation, transforming rigid metal into forms that

Architectural Design Contest Launched to Redesign Dhaka Residential Model College

A nationwide architectural design competition has been launched to transform the campus of Dhaka Residential Model College (DRMC), one of Bangladesh’s most prestigious educational institutions. The initiative, jointly organised by the Institute of Architects Bangladesh (IAB) and DRMC, calls for proposals to design a ten-storied academic building that will serve as a modern educational hub for over 3,000 students. The competition aims to address long-standing infrastructural challenges at DRMC, which currently operates in two shifts due to a shortage of classroom space. With most of its buildings dating back to the 1960s, the college’s facilities are no longer adequate to meet the demands of its growing student body and evolving academic programs. A Legacy in Transition Established in 1960, DRMC spans 52 acres in Mohammadpur and accommodates approximately 6,000 students across various academic levels. Initially governed by the Central Government of Pakistan, the institution underwent several administrative transitions before being placed under the Ministry of Education in 1972. Despite its autonomous status and historical significance, the college’s infrastructure has aged considerably, prompting the Board of Governors (BOG) to approve a major upgrade during its 162nd meeting on June 26, 2025. The new academic building will be constructed on a 3,000 sq.m site currently occupied by a grassy football field. According to the competition brief, the structure will be a reinforced concrete (RCC) building with pile foundation, designed to accommodate students from classes 9 to 12. Facilities will include a cafeteria, exam halls with 800 seats, modern toilets, and parking provisions. Competition Details and Design Vision The competition, launched on October 5, 2025, is a single-stage open call for Bangladeshi architects. It seeks innovative, sustainable, and contextually responsive designs that integrate seamlessly with the existing campus. Architects are encouraged to use local materials and environmentally friendly technologies, with an emphasis on rapid construction techniques and low future maintenance costs. Design considerations outlined in the brief include: climate responsiveness and passive cooling, universal accessibility, integration of landscape and open spaces, cultural and contextual relevance, interconnectivity with existing academic buildings, energy efficiency and future-readiness The building’s shape may follow an I, U, hollow box, or full box configuration, with each floor serving distinct academic and administrative functions. The ground floor will house parking and essential services, while upper floors will include classrooms, laboratories, faculty offices, and student amenities. Organisers and Eligibility The competition is jointly organised by IAB and DRMC. Eligible participants must be regular IAB members with at least eight years of professional experience and compliance with the Dhaka Mohanagar Imarat Nirman Bidhimala, 2008. Registration, which requires a Tk 2,000 fee, is open from October 5 to October 11, 2025, at the IAB office in Sher-E-Bangla Nagar, Dhaka. Each participant will receive a unique registration code and may submit only one proposal. All submissions must maintain strict anonymity, with documents marked only by a blank square box and the registration number. Any breach of anonymity or direct contact with jury members will result in disqualification. The design competition is going to be launched on October 5,2025, inviting participants to register by October 12. A query session will open on October 13, and all inquiries will be addressed by October 15. Participants must submit by November 20. Jury Deliberation will take place in November 22 to December 9, followed by an exhibition scheduled for December 9 to December 10, 2025. Submissions must include conceptual sketches, detailed plans, elevations, sections, renderings, and a physical model. Reports on design concepts and estimated construction costs are required in sealed envelopes. Digital copies must be submitted via DVD or pen drive. The brief also requires labelling with the 14-digit registration number and a blank square box. The jury panel comprises five distinguished members: Brigadier General Mohammed Zaber Hossain, PhD – Principal, DRMC, Moshiur Rahman – Acting President, Old Remians Welfare Association, Ar Jalal Ahmed – Principal Architect, JAARCHITECTS, Ar Patrick D’ Rozario – Principal Architect, Synthesis Architects Limited, and Ar S.M. Nazimuddin Payel – Associate Professor, Architecture Discipline, Khulna University. The jury will evaluate entries based on innovation, contextual relevance, sustainability, and feasibility. Their decisions are final and binding, with results to be announced during the exhibition. Awards and Future Engagement The competition offers substantial monetary rewards and professional recognition: First Prize: Tk 2,50,000 and a certificate, Second Prize: Tk 1,75,000 and a certificate, Third Prize: Tk 1,00,000 and a certificate, Special Mentions (3): Tk 25,000 each and certificates, if awarded by the jury. The first-prize winner will be formally appointed as the design architect for the project, subject to compliance with IAB’s Code of Ethics and Professional Conduct. The appointment will follow Rule 111 of the Public Procurement Rules 2008, with consultancy fees set at 6% of the total construction cost (inclusive of AIT, exclusive of VAT). If the first-prize winner is disqualified, the second or third-place winners may be considered. A New Master Plan for DRMC The competition is part of a broader master plan revision for DRMC’s campus. The existing master plan, which did not account for new academic buildings, is being restructured to accommodate future growth and integration with existing facilities. Key components of the revised master plan include: vertical extension of Academic Building-3, extension and renovation of Kudrot-E-Khuda and Joynul Abedin Houses, construction of a duplex principal residence, a G+6 vice-principal residence, renovation of the boundary wall, upgradation of the water distribution system, and installation of a 500 KVA electric substation These developments aim to modernise the campus while preserving its legacy and enhancing operational efficiency. Legal and Ethical Framework Participants must adhere to the competition’s legal and regulatory principles. The organiser reserves the right to cancel the competition, in which case entries will be evaluated and prizes awarded. However, none of the submitted designs may be executed without the architect’s consent. In such cases, the first-prize winner will receive three times the prize money as compensation. DRMC will retain ownership of submitted documents until results are published. Entrants will retain copyright but grant DRMC a perpetual, royalty-free licence

Bangkok to host ASEAN Ceramics & Stone 2025 expo

Over 200 international companies and brands from the ceramics and natural stone sectors are set to convene at the ASEAN Ceramics & ASEAN Stone 2025 exhibition, scheduled to take place from October 15-17 this year at the IMPACT Exhibition and Convention Centre in Bangkok. Organised by MMI Asia, the regional arm of Messe München, in partnership with Asian Exhibition Services (AES) Ltd., the event is expected to attract more than 4,000 trade visitors. It will also facilitate over 400 buyer-seller connections, aiming to generate meaningful connections and commercial opportunities for companies across the region and beyond. Industry professionals can register for free, making the exhibition highly accessible to businesses of all sizes. The 2025 edition also marks a significant milestone with the official debut of ASEAN Stone in Thailand. This dedicated segment is being launched with the backing of Confindustria Marmomacchine, the Italian association representing the stone machinery and natural stone industry, and the Mining Council Industry Thailand (MICT), which is expected to bring an influx of global exhibitors to the Thai capital. Running alongside ASEAN Ceramics, which celebrates its ninth edition this year, the co-located exhibitions position themselves as Southeast Asia’s leading trade platform for sourcing the latest innovations, materials, machinery, and services in both the ceramics and natural stone industries. While ASEAN Ceramics covers the full spectrum of white-ware, heavy clay, and advanced ceramics manufacturing, ASEAN Stone will focus on cutting-edge tools, technologies, chemicals, and raw stone materials shaping the natural stone industry. The dual event enjoys strong backing from a wide network of industry associations and government bodies, reinforcing its status as a cornerstone trade fair for the region. Notable supporters include the Department of Industrial Promotion (DIPROM), Federation of Thai Industries, Ceramic Industry Club of Thailand (FTI-CICT), and the Thai Ceramic Society (TCS). Additional international support comes from ACIMAC (Italy), CCPIT – Building Materials Sub-Council (China), Vietnam Building Ceramic Association (VIBCA), and the Bangladesh Ceramic Manufacturers & Exporters Association (BCMEA). Conferences, Knowledge Sharing, and Cultural Elements The exhibition will commence with the ASEAN Ceramics & ASEAN Stone Conference, themed “Pioneering a Sustainable & Innovative Future for Ceramics & Stone in Southeast Asia.” The conference will bring together over 30 experts, speakers, and panelists to explore the future trajectory of these industries. Sessions will address themes such as sustainable production, digital transformation, regional competitiveness, and the role of advanced materials in future-ready infrastructure. Adding depth to the programme, exclusive pre-event factory tours will be hosted by leading Thai manufacturers Crown Ceramics and The Siam Refractory Industry Co., Ltd. These tours are designed to give attendees an insider’s look at state-of-the-art manufacturing processes, innovations in energy efficiency, and the real-world application of materials and automation in ceramic production. A key feature of this year’s event is the ASEAN Ceramics & Stone Talents Hub, an initiative aimed at bridging the gap between academia and industry. The Talents Hub will offer an important platform for companies to engage with emerging professionals, recent graduates, and technical specialists. It’s also a response to the growing need for skilled talent across materials science, design, and engineering within Southeast Asia’s fast-growing ceramics and stone sectors. Celebrating the region’s cultural roots, the event will also showcase live pottery-making demonstrations led by expert artisans from Bangkok and Nakornratchasima. These demonstrations, which use locally sourced clay, aim to highlight Thailand’s long-standing ceramic heritage, blending tradition with the creative possibilities of contemporary design. Science, Academia and Industry Collaboration Running concurrently with the trade exhibition is the International Conference for Traditional and Advanced Ceramics (ICTA). Organised by the Thai Ceramic Society (TCS) in partnership with the National Metal and Materials Technology Center (MTEC) and Chulalongkorn University’s Department of Materials Science, the ICTA conference will bring together over 15 universities and top regional researchers. The conference is expected to serve as a platform for sharing cutting-edge scientific research, university–industry collaboration models, and the latest advancements in materials technology, ceramics chemistry, and industrial sustainability. With academic and industrial stakeholders under one roof, the ICTA underscores the exhibition’s role as more than just a trade event — it is a convergence point for innovation and intellectual exchange. International Participation and Technology Highlights The 2025 edition will host an impressive range of global exhibitors, reaffirming the event’s international appeal. From the ceramics sector, major players include Siam Cement Group (SCG), ECT-KEMA, MCS Portugal, AKW (Amberger Kaolinwerke), Saint-Gobain Formula, Izawa Pigment, Guzman Minerals, Sedlecký Kaolin, Siam Technical Ceramics (STC), and MUNGYO, Gilfair, and Rajasthan Mining & Minerals. In the natural stone sector, some of the most recognised names confirmed for the show include AKEMI, Breton, Pedrini, Tenax, Italdiamant, Diabu, Chim-Italia, and Abra Iride. The natural stone industry will be equally well-represented by top-tier names including AKEMI, Midwest, Diabu, Simec, Breton, Pedrini, Tenax, Abra Iride, Chim-Italia, Italdiamant and many more — showcasing cutting-edge technologies, materials, and solutions that are shaping the future of the industry. Together, these companies represent the cutting edge of product development, fabrication technologies, surface treatments, and sustainability in materials sourcing. The event will also spotlight national pavilions from Italy (Confindustria Marmomacchine), China (CCPIT), and Thailand (TCS), as well as a dedicated EU Pavilion, which will feature the best of European ceramics and stone innovation. Attendees can expect to see a wide array of breakthrough technologies, including: 3PowerFlow Centrifugal Pump – a compact, high-efficiency pump designed for spray-drying in ceramic manufacturing, presented by Certech Group. HiCAST – a high-performance gypsum mould system for industrial-scale ceramic casting, showcased by MUNGYO. LK LAB Store – a pioneering mobile robotic warehouse system for managing slab-shaped products, developed by LK Lab. BT Master – an advanced modular system for inspecting and controlling the quality of bricks and tiles, from Ibea GmbH. Quartz Powder – high-purity silica powder with exceptional thermal stability and smooth surface finish, offered by Puresil India. Arabescato Corchia – a

Brac University launches design competition to reimagine community spaces

Brac University’s Department of Architecture, in collaboration with Elite Paint Bangladesh Limited, has announced a student design competition titled Architecture for Unity: Redesigning Community Spaces. The initiative invites architecture students to reimagine public spaces as inclusive environments that celebrate cultural diversity and foster meaningful interaction. The competition is exclusive to students enrolled in Brac University’s Department of Architecture and aims to empower future architects to design with empathy, inclusivity, and sustainability at the forefront. Designing for Diversity and Dialogue According to the official brief, participants are tasked with redesigning a community space—either real or hypothetical—that encourages cross-cultural engagement. The goal is to transform such spaces into vibrant hubs where people from different backgrounds can connect, collaborate, and celebrate shared humanity. The design criteria are both ambitious and socially grounded. Proposals must reflect the cultural richness of the community they serve, integrating elements that honour various traditions while promoting inclusivity. Spatial flow is a key consideration, with layouts expected to guide visitors through the space in ways that encourage movement and exchange. Functional diversity is also central to the brief. The redesigned spaces should accommodate a range of activities—from social gatherings and collaborative projects to quiet reflection—allowing individuals to engage in meaningful ways. Aesthetic appeal, while not the sole focus, remains important. Organisers are looking for innovative architectural techniques and visual storytelling that inspire curiosity and wonder. Sustainability is a non-negotiable component. Students must embrace environmentally responsible design principles that minimise ecological impact, including thoughtful choices in materials, lighting, and energy use. Submission Requirements and Format Participants must submit a comprehensive design proposal that includes conceptual sketches, spatial layouts, and explanatory notes. The drawing submission must be formatted as one A0 portrait sheet in PDF, with a resolution of 300 dpi and a maximum file size of 15 MB. In addition to the visual material, students are required to submit a text document—also in PDF format—describing the idea behind the project, its inspiration, tentative outcomes, and materiality. The written component must not exceed 500 words. All submissions must be in English. File names should follow a strict format: Student’s Name_Student’s ID_Enrolled Semester (e.g., Akibur Rahman_16208023_Fall 2023). Both the drawing and the text document must be uploaded via the designated online submission link before the deadline. Key Dates and Deadlines Registration Deadline: September 1, 2025 Submission Date: October 11, 2025 (by 5.00pm) Jury Date: October 26, 2025 Results Announcement: November 10, 2025 Students can register via the official link: https://forms.gle/ecZtUpRBmVo1jC7M7 Final submissions must be uploaded to: https://forms.gle/z5zhNK88uvH5ncU49 Awards and Recognition The competition offers substantial incentives. The first prize winner will receive BDT 50,000 and a certificate. The second and third place winners will be awarded BDT 25,000 and BDT 15,000 respectively, along with certificates. However, organisers stress that the real reward lies in the opportunity to contribute to a broader conversation about architecture’s role in social cohesion. “This is an ideas competition,” said a faculty member from Brac University’s Department of Architecture. “We’re not asking students to build anything physically. Instead, we want them to think critically and creatively about how architecture can serve as a tool for unity.” Industry Collaboration and Real-World Impact Elite Paint Bangladesh Limited’s involvement adds a layer of industry relevance to the competition. Known for its commitment to sustainable and community-focused projects, the company’s collaboration with Brac University signals a shared vision for inclusive urban development. “This is not just about buildings or parks,” said a spokesperson from Elite Paint. “It’s about creating spaces where people from different backgrounds can come together, share experiences, and build a sense of unity. We believe architecture has the power to shape social behaviour, and this competition is a step towards that vision.” Student Response and Anticipation As the submission window opens, anticipation is building across the Brac University campus. For many students, this competition represents a chance to showcase their design philosophy, engage with pressing social issues, and contribute to a vision of Bangladesh where public spaces reflect the country’s rich cultural mosaic. “We often talk about unity in abstract terms,” said one third-year architecture student. “This competition challenges us to make it tangible—to design spaces where unity is not just an idea, but an experience.” Architecture as a Bridge Between Cultures With its emphasis on cultural celebration, spatial intelligence, and environmental stewardship, Architecture for Unity is more than a student competition. It is a call to action for the next generation of architects to build not just structures, but bridges—between communities, cultures, and futures. 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