Bangladesh's Corporate World

Bangladesh has registered exponential growth in its Gross Domestic Product (GDP) over the last two decades. Salman F Rahman captained the pharma industry along with other industries to new highs. While textile (garments) is the largest contributor in the annual figures, pharmaceuticals stand second. Apart from meeting 97% of the local demands, Bangladeshi pharmaceuticals are exported to more than 190 countries. The tale of pharmaceutical sector’s progress will be incomplete without emphasizing on the support from one of the most successful businessmen of the country, Salman F Rahman. At present, he is serving as the Private Sector Industry and Investment Adviser to Honorable Prime Minister Sheikh Hasina. He is also Member of Parliament from Dhaka 1 constituency (Dohar and Nawabganj).  Salman F Rahman established Beximco in 1972 as a seafood export company. However, as he identified the business markets, suitable modifications were made into the deal. Instead of cash, Ra...

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 ...

Prime Minister's Private Industry and Investment Adviser Salman F Rahman and Finance Minister AHM Mustafa Kamal held a meeting with business and industries representatives at the National Economic Council's conference room in Dhaka recently. Leaders of FBCCI, DCCI, MCCI, leather and footwear manufacturers, agricultural businesses, real estate sectors, and government stakeholders attended the meeting. In the conference Finance Minister said National Board of Revenue will set the target from now on rather than the government putting the board under pressure. Finance Minister AHM Mustafa Kamal and Prime Minister's Private Industry and Investment Adviser Salman F Rahman are hopeful of achieving the revenue target of over Tk 2.96 trillion set for the current fiscal year. They assured the business leaders of prioritising measures to improve the business climate. Finance Minister mentioned that Salman F Rahman has been tasked with looking into ways to of make business easy. Bexim...

Business leaders and industrialists are worried about new VAT law as there is confusion over it. At a discussion organised by Large Taxpayers Unit of the revenue authority, Prime Minister and Awami League President Sheikh Hasina’s private sector affairs adviser Salman F Rahman said “I, on behalf of the business community, welcome the new VAT law, scheduled to be implemented from July 1. But I want to request the NBR to make sure that the revenue officials show a flexible attitude in the first 3-4 months of implementation of the law and consider it as transitional period.” Salman F Rahman was present in the discussion as the chief guest. The NBR chairman Md Nojibur Rahman was on the chair. Responding to the call, NBR chairman assured that the new VAT law will be hassle-free. In the discussion, Salman F Rahman further said the law was initially planned to be implemented from July 2015 but it was delayed by the government amid demands from businesspeople. In the meantime, the ...

Country's largest company Beximco Group signed a treaty with China Energy Engineering Corporation on developing several energy projects. China Energy Engineering Corporation is a Fortune 500 Company and currently one of the biggest power solution supplier companies in China and in the world. CEO of Beximco Power Company Ltd, Ajmal Kabir, signed the agreement at Beximco Group’s head office. President Fu Hongwei signed the agreement on China Energy Engineering Corporation's behalf. Beximco Group’s chairman Sohail F Rahman, its vice chairman Salman F Rahman, director Shayan F Rahman and Chinese Ambassador to Bangladesh Ma MingQiang were present at the occasion. After signing the agreement, vice chairman of Beximco Group, Salman F Rahman said that it was a significant day for the company. He said the projects will have significant contribution in the energy sector of Bangladesh. Salman F Rahman is one of the top businessmen in Bangladesh and has always looked for new and chall...

There is a common misconception that one person can be successful in one particular side of life:  personal, professional or recreational. But the truth is, if you have enough dedication and passion for what you do, you will always end up at the peak of success. If we look at the life stories of successful people, we will see that they all had a never-say-die attitude and a tremendous hunger for success. This article will guide you through brief life histories of people who never gave up and ended up having everything they wanted. Henry Ford The founder of Ford Motor Company had to go through a rough road to make his mark in the world. His first initiation to build a car had to stop within two years as the shareholders issued a no-confidence against him. He tried again but once again the same thing happened within a year. But he did not give up. He found another investor and started Ford Motor Company and today everyone knows his name. Walt Disney Many people do not know t...

A bunch of people without a leader is just a mob! It takes a leader to direct a group toward a common purpose to form an effective team or business. This may seem like common sense, but it is often ignored by those in charge of businesses. It is certainly worth taking a look at the qualities that are most common to effective business leaders.   Communication  These days, discussions of the importance of communication seem to pop up everywhere from marriage counselors to reality television programs. However, there is no place in which the importance of communication is more obvious than in businesses generally and in business leaders specifically.  Business leaders, specially the ones doing business in Bangladesh, must actively engage in communication in every facet of the business. Since it is not possible to be everywhere at every minute to see everything, keeping the lines of communication open is the only way in which a leader can be aware of all the fa...