Bangladesh's Corporate World

Salman F Rahman's contribution to the development of industries in Bangladesh is nothing short of amazing. His journey of transforming Beximco Group as the biggest conglomerate of Bangladesh is testament to his role.  He belongs to one of the first business families in post-independence Bangladesh.  After the demise of his father in 1966, Salman F Rahman's business journey began with an inherited jute mill. When he brought the mill to a profit-making stage, nationalization of jute industry in 1971 made him lose control of the mill. That is when he, along with his brother, shifted their attention to seafood exports and set up Beximco in 1972. Instead of solely targeting paper figures, he imported medicines from the export companies in order to help Bangladesh meet its corresponding demands. This initiated the chain of Beximco’s expansion in 1980 with Beximco Pharmaceuticals. The pharmaceutical arm went on to become the first Bangladeshi company to be listed on the London Sto...

Right after his appointment as the private industries and investment adviser to Prime Minister Sheikh Hasina, Salman F Rahman is meeting diplomats, foreign businessman, trade specialists, investors everyday. His mission is straight forward - highlighting Bangladesh's position as a place for investment. Recently, Salman F Rahman, who is also one of the most successful businessmen of Bangladesh, met Indian High Commissioner to Bangladesh Riva Ganguly Das, Ambassador of Republic of Korea Hu Kang-il and Consul of Singapore to Bangladesh William Chik to discuss various issues including trade and investment. All the meeting were successful. Successful in a sense that all parties agreed that Bangladesh has became a true destination for investment. Indian High Commissioner Riva Ganguly Das, South Korean ambassador Hu Kang-il and Consul of Singapore William Chik met The private industries and investment adviser to Prime Minister Salman F Rahman at his office in Gulshan. She discussed ...

India and Poland are on the track to become new billion-dollar export markets for Bangladesh in the current financial year 2018-19 due to extraordinary performance of readymade garment products. Exporters said that it was good news for Bangladesh as the country was getting two new billion-dollar markets, in addition to the nine billion-dollar markets. They said it is a good sign for export sector as along with traditional markets, Bangladesh’s export is increasing to non-traditional markets. Country’s export earnings from India in the first nine months of FY 19 stood at $985.32 million which was 59.72 per cent higher than $616.90 million earnings in the same period of last fiscal, according to the statistics of Export Promotion Bureau. Readymade garment export to India grew by 96.50 per cent to $401.14 million from $204.14 million in the period. Export to Poland in July-March of FY 19 grew by 27.88 per cent to $924.85 million from $723.18 million in the same period of FY 18....