Bangladesh's Corporate World

Paradise Cables Limited is one of the top and reputed cable companies in Bangladesh. This company has made its mark in the worldwide cables industry through sheer hard work, honesty and quality. In the last two decades of PCL’s glorious history it has always received nothing but compliments from its consumers and other buyers. Paradise Cables Limited was founded by Md Mobarak Hossain, Md. Mosharraf Hossain, Md Majibar Rahman and Md. Moniar Rahman in 1989. Ever since its birth Paradise Cables Limited never had to look back. From the starting point of manufacturing quality copper and aluminum rods it moved on to first manufacturing cables for the domestic market and later on the global market. In a growing country like Bangladesh the cable demand is very high. But no one has ever heard of scarcity of cables or rods in this country mainly because of the high production capacity of PCL. For PCL it not just about meeting the amount of products demanded by the consumers; it is also prov...

Five new commercial banks have achieved the ‘go’ sign from the Bangladesh Bank by complying with the preconditions. This decision was taken at the Central Bank during the meeting of board of directors with the governor Mr.  Atiur Rahman. The issuance of the license is going to take place soon as per the statement of deputy governor of Bangladesh Bank. BB checked business plans of the applicant banks, after which they achieved the No-Objection certificates (NOC). The Banks that gained the NOCs are NRB Commercial Bank, Union Bank LTD, South Bangle Agriculture and Commerce Bank, Meghna Bank LTD and NRB Bank LTD.  Midland Bank LTD also presented their business plan, the board however asked the applicant bank to review and clarify their plans further before representing their business strategies in their next meeting. The five banks will be receiving their NOCs by the Bank Regulation and Policy dept. (BRPD) of the Central Bank, in order for them to be able to register with the R...

To have a successful business you need some specific attributes. Being a great leader in a Bangladeshi business means that you have to be different from the average. Here are ten qualities you should have if you are thinking about having a successful business in Bangladesh: 1.       Your ambition has to be high and you need a great driving power to get you to your ambition. You need focus, energy, dedication and proper education to reach your goal. At times you will feel lost; you will not be able to find your way. But proper dedication will bring you out of it and back on your track. Iftekharul Islam, the owner of Aftab Group and Uttara bank is one such ambitious Bangladeshi businessman. He knows his goals well and is determined to achieve it. That is why he is successful in making Aftab Group a top company of the country.  2.       You have to be disciplined. Without discipline you cannot achieve anything. You must ha...