Cubeinside Design bags DNA Paris Design Awards 2025
Cubeinside Design Ltd, a prominent Bangladeshi architectural and interior design firm, has earned international acclaim after being named one of the winners at the DNA Paris Design Awards 2025—an internationally sought-after recognition for architects and creative people. The award-winning project, Bait Ur Rayyan, is a small-scale mosque designed by Cubeinside, located near the banks of the mighty Arial Kha River in Bangladesh’s Madaripur. The Bangladeshi firm was the consultant for the project, built for the Rokeya Feroza Foundation on a land area of 7,346 square metres. Cubeinside says: “This particular design is an exercise of abstract interpretation of basic symbolism of Islamic architecture. Geometry has been the principal tool for this abstraction in terms of transforming both the form and spatial quality.” The DNA Paris listed Khandaker Ashifuzzaman and Shakhawat Hossain Rocky as the lead designers of Bait Ur Rayyan, which won the award in the Public Architecture category. The annual awards also mentioned Mehri Farnaz, Anis Khan Shanto and Abdullah Al Jaber as members of the mosque’s design team. About the mosque, it was noted on the DNA Paris website: “A human-centric approach created a space for community, keeping the scale sacred yet intimate, using local materials like red bricks, while lights played the most vital role to uplift the spiritual entity of this mosque.” “The concept of ‘Abstract Semiotics’ was applied in measurable mass and space, and other immeasurable aspects with a deeper perceptual level.” DNA Paris, which celebrates the best in global design from over 70 countries, recognises excellence in Architecture, Landscape, Interior, Product and Graphic Design, with entries divided into ‘Professional’ and ‘Emerging’ categories. The latter is reserved for outstanding student work. Farmani Group, a global authority in architecture, design and photography curation, in partnership with In Between, a Paris-based collective of creatives and thinkers, jointly organise the DNA Paris Design Awards. In addition to typology-based subcategories, the most distinguished entries across all five disciplines and both sections are awarded the Grand Prix—the highest honour of the programme. Recipients of the Grand Prix receive a trophy created by Studio Briand & Berthereau, designed to strike a balance between form and function, while addressing the financial and environmental constraints faced by every project. All submissions are evaluated by an expert jury of design luminaries. The jury committee is comprised of designers, editors and creatives who are devoted to true excellence in design. The juries come from different countries, including the UK, the USA, Spain, Argentina, Japan, Sweden, France, Kenya, Thailand, Brazil, Italy, South Korea, Hong Kong, Mexico, Greece and Saudi Arabia. The evaluation of entries is based on a range of criteria that are constantly adapted to current standards. DNA Paris has already announced all winners across different categories for this year, who will be honoured at an event in Paris on October 24. Written by Nibir Ayaan
Three-day Global Sourcing Expo 2025 opens in Dhaka
The Global Sourcing Expo 2025 – Dhaka has opened at the Bangladesh-China Friendship Exhibition Centre in Purbachal, bringing together exporters, buyers and trade bodies from across the world in a major push to diversify Bangladesh’s export markets. Jointly organised by the Export Promotion Bureau (EPB) and the commerce ministry, the three-day event is being billed as a strategic international platform showcasing Bangladesh’s evolution from a global apparel powerhouse to a diversified export hub. The expo features products from eight major sectors: readymade garments, leather and leather goods, jute and jute products, agricultural goods, plastics and kitchenware, home décor and furniture, pharmaceuticals, and ICT. More than 100 firms are taking part, including multinational companies, wholesalers and supply-chain representatives. Buyers and sourcing organisations from Afghanistan, China, Iran, Japan, Myanmar, Pakistan, Singapore, Sri Lanka, Thailand, the UAE, the US and several other countries are attending business-to-business meetings and negotiating potential contracts. The fair houses 200 stalls and includes 12 thematic seminars, fashion shows, product demonstrations, and both online and offline networking sessions. Organisers say the event is designed to connect local businesses with global buyers, trade bodies and new market opportunities to accelerate export growth and diversification. Commerce Adviser Sk Bashir Uddin, who inaugurated the expo, said Bangladesh must accelerate diversification, strengthen competitiveness and adopt forward-looking trade policies as it prepares to graduate from the group of least developed countries (LDCs). “To navigate this transition successfully, we must accelerate diversification, improve competitiveness, and adopt forward-looking trade policies,” he said. He added that while graduation is a major achievement, it will gradually reduce the preferential market access and duty benefits Bangladesh currently enjoys. At a seminar on the sidelines of the expo, Mohammad Hatem, president of the Bangladesh Knitwear Manufacturers and Exporters Association, said foreign involvement in port operations could improve efficiency. He also called for suspension of the amended labour law until a newly elected government is in place, arguing that the current changes are neither industry- nor worker-friendly. In another session, Inamul Haq Khan, senior vice-president of the Bangladesh Garment Manufacturers and Exporters Association, stressed the need for easier access to green financing, greater support from brands through knowledge sharing and technology transfer, and targeted interventions for SMEs. He urged wider regional inclusion so that areas such as North Bengal, Sylhet and Chattogram can benefit alongside Dhaka-centric clusters. Khan also called on the government to amplify the industry’s success stories through Bangladesh’s embassies and high commissions abroad, showcasing achievements on the global stage. The expo is being positioned as a vital opportunity for companies aiming to expand exports, launch new product lines or strengthen global brand visibility. With strong government backing for trade and investment, it reflects Bangladesh’s push for product and market diversification at a time when the country is seeking to secure its place in global markets beyond garments. Speakers at the event included Lutfey Siddiqi, special envoy for international affairs to the chief adviser; Mohammad Hasan Arif, EPB vice chairman; Mahbubur Rahman, commerce secretary; and Md Abdur Rahim Khan, administrator of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI). Organisers say the expo is not only about showcasing products but also about building long-term partnerships. The inclusion of thematic seminars and networking sessions is intended to encourage dialogue on issues ranging from sustainable production and green financing to supply-chain resilience and regional inclusion. The event comes at a critical time for Bangladesh’s economy. As the country prepares for LDC graduation, policymakers and industry leaders are emphasising the need to diversify the export basket, strengthen supply-side capacity and forge new partnerships with international buyers. The expo, they argue, provides a platform to address these challenges while highlighting Bangladesh’s achievements and ambitions. By bringing together stakeholders from across the world, the Global Sourcing Expo 2025 – Dhaka underscores the country’s determination to move beyond its reliance on garments and establish itself as a competitive player in a wider range of industries. Written by Nibir Ayaan
Bangladesh Investment Summit 2025 A New Dawn for Economic Growth?
Bangladesh now stands at a critical crossroads. As the country prepares to transition from a least-developed nation (LDC) to a middle-income economy in 2026, it grapples with significant hurdles. Despite years of economic resilience, enduring issues—such as import dependency, skill shortages, stagnant private investment, and declining foreign direct investment (FDI)—continue to slow progress. In this challenging environment, the Bangladesh Investment Summit 2025 emerged as a pivotal event, unveiling initial investment proposals worth Tk 31 billion (3100 crore) and igniting cautious optimism among policymakers and investors. Convergence of Promise and Challenges Organized by the Bangladesh Investment Development Authority (BIDA), the four-day Dhaka summit, held from April 7 to April 10, 2025, brought together over 550 investors and business representatives from more than 50 countries. Inaugurated by Chief Advisor Dr. Muhammad Yunus, the summit sought to reimagine Bangladesh’s global investment identity even as it faced structural challenges. Ultimately, the success of these initiatives will hinge on whether early commitments evolve into sustained and tangible investments. For years, Bangladesh’s investment landscape has remained largely stagnant. Overall investments have hovered between 24–28 percent of GDP, with private investment stuck at 22–24 percent and FDI persistently below 1.0 percent. Recent declines in private investment in FY2023 and FY2024, along with a continuous drop in FDI since FY2018, have been attributed to bureaucratic hurdles, policy unpredictability, and macroeconomic instability—particularly in managing exchange rates. Yet, amid these challenges, the summit has sparked a renewed sense of hope. Global Multinationals Betting on Bangladesh Three major international companies announced expansion plans during the summit: Inditex (Spain): The retail giant behind Zara reaffirmed Bangladesh’s role as a key sourcing hub and hinted at increased procurement. Lafarge Holcim: The cement leader discussed plans to broaden operations and explore carbon capture initiatives. Handa Industries (China): The company committed $150 million to develop textile, dyeing, and garment units in designated economic zones. In addition, Dubai-based DP World expressed interest in investing in Chattogram’s new Mooring Container Terminal. Celebrating Local Champions Local enterprises also received significant recognition at the event. Four Bangladeshi firms were honored for their contributions: bKash (Excellence in Investment): The trailb lazing mobile financial services provider backed by IFC, Ant Group, and SoftBank. Fabric Lagbe (Innovation Award): A digital marketplace that empowers traditional weavers. Walton (ESG Award): A leading local electronics manufacturer exporting to over 40 countries. Square Pharmaceuticals (Investment Excellence): A company that has grown from modest beginnings in Pabna to a globally recognized pharmaceutical powerhouse. These success stories underscore that, despite systemic challenges, Bangladeshi enterprises can thrive on the international stage. Global Investors Show Confidence There is growing international faith in Bangladesh’s revised approach to investment. Foreign investors have commended the interim government for taking proactive measures to attract FDI—a marked departure from previous administrations. A delegation of 60 investors from the U.S., South Korea, China, Japan, India, Australia, and the Netherlands toured key hubs such as the Korean Export Processing Zone (KEPZ) in Chattogram and the Japani Export Processing Zone (JEPZ) in Narayanganj, exploring opportunities in textiles, IT, and manufacturing. KEPZ: A Model Investment Hub Operated by South Korea’s Youngone Corporation, KEPZ has become a shining example of Bangladesh’s readiness for FDI. Investors were impressed by its well-established infrastructure, efficient licensing procedures, and worker-friendly amenities—including a hospital, a textile institute, a 40MW solar project, and an effluent treatment plant. With $700 million already invested, KEPZ now hosts 48 factories and employs 30,000 workers, 75 percent of whom are women. Forging Sustainable Partnerships The summit also facilitated key agreements. Notably, BIDA, the Commerce Ministry, ILO, and UNDP issued a joint declaration to promote sustainable and inclusive growth through targeted trade reforms. Additionally, UK Trade Envoy Baroness Rosie Winterton highlighted long-term opportunities in healthcare and education, paving the way for enduring global partnerships. Navigating the Road Ahead: Can Bangladesh Overcome Its Investment Slump? Despite the summit’s positive momentum, Bangladesh’s investment climate continues to face obstacles: High bank interest rates that deter private borrowing. Policy inconsistencies under the interim government create uncertainty. Weak FDI performance compared to regional competitors like Vietnam and India. Analysts stress that without significant structural reforms—streamlining bureaucracy, ensuring policy stability, and stabilizing the macroeconomy—Bangladesh may struggle to sustain the anticipated investment surge. Execution is Key The Bangladesh Investment Summit 2025 has successfully rebranded the country as an emerging investment destination. With multinationals such as Inditex, Lafarge Holcim, and Handa Industries pledging expansion and local leaders like bKash and Walton proving their global competitiveness, there is considerable cause for optimism. However, the real challenge now lies in execution. Only if Bangladesh addresses its business environment hurdles, refines regulatory frameworks, and maintains macroeconomic stability can this new momentum herald a transformative economic chapter. For now, the world watches closely—will Bangladesh seize this moment, or will these early promises fade away? Only time will tell. Written by Sajibur Rahman
