Rangpur Metal Industries Limited, a concern of country’s leading business conglomerate RFL, has brought new cooker hood using latest technology to the market. Rangpur Metal Industries Ltd Director Md. Moniruzzaman has unveiled the product at an event held at RFL Group head office in Badda recently.
Addressing the occasion, Md. Moniruzzaman said, “The live of our country people have changed a lot. So that, we have brought a new featured cooker hood to the market to make daily lives easier and more comfortable. This cooker hood has various features including automatic motion sensor, touch control switch, auto heat clean technology, tempered glass panel, stainless steel filter and 750m3/h enriched air suction, which ensures the highest quality.”
He added that the automatic motion sensor can be used without touching the hand. In addition, a 2-watt LED light has been added to the hood to work safely in low light and a powerful 150-watt motor with two speeds has been used, capable of blowing 180 cubic meters of air per hour. As a result, lowering the temperature will bring relief to the kitchen.
Shariful Islam, Head of Marketing, Rangpur Metal Industries Limited, said, "Hot steam escapes from the kitchen for using the kitchen hood. This is why cooking becomes comfortable.”
At present, RFL has a total of 8 different types of cooker hoods of different sizes. The price ranges of cooker hoods are between Tk 7,060 and Tk 31,765. Buyers will be able to purchase the product from Best Buy and Easy Build. There is also a free home delivery and free installation facilities within a maximum of three days when ordering from the popular e-commerce site www.othoba.com .
Md. Nazmul Haque, Assistant General Manager (Operations) of Rangpur Metal Industries Limited, Finance Controller Md. Zahir Uddin, Deputy Manager (Accounts) Binod Kumer Sarker and Sub-Assistant Brand Manager Md. Ashrafuzzaman and other senior officials of the company were present.
ICC Bangladesh strongly endorsed the finance ministry’s recent recommendation to avoid hard loans and discourage the import of luxury goods in order to reduce pressure on declining foreign exchange reserves.
The leading chamber also endorsed the recent austerity and regulatory measures taken by the government and Bangladesh Bank aimed at curbing non-essential imports, suspending the implementation of projects with high import components.
“We believe this will send a positive signal to the market and the economy as well as curbing inflation,” ICCB President Mahbubur Rahman told the 27th annual council held in Dhaka on Saturday.
ICCB also supports the demand of the businesses not to increase the power and gas rates, fuel prices as well reduce the corporate rate taxes during the upcoming budget as these will be helpful in containing the inflation, the ICCB president said.
While presenting the ICCB’s report, he said that over the last two years, the pandemic has played a major role in shaping the global economy. Many sectors have found themselves in difficulty and are still struggling and the countries dependent on those sectors are now quietly trying to get back up again.
The global economy is poised to be sent on yet another unpredictable course by Russia-Ukraine war. The Executive Board Report observed that the Russian invasion of Ukraine poses the most severe risk to developing Asia’s economic outlook, the report said.
The war is already affecting economies in the region through sharp increases in prices for commodities such as oil and has heightened instability in global financial markets, it said.
The Covid-19 continues to impact many parts of developing Asia, with some economies experiencing new surges in cases, he said.
Bangladesh’s journey of 50 years since its independence in 1971 has been tremendous and to many it is a ‘land of impossible attainment’, he added.
The dominant narrative of Bangladesh has been of an economic miracle and the country’s impressive score card is built on her success in terms of attaining a consistent high pace of economic growth and an impressive performance with regard to various development indicators, including those relating to the millennium development goals (MDGs), the ICCB president said.
According to World Economic Forum since its founding in 1971, Bangladesh has emerged from overwhelming poverty to be proclaimed by the World Bank in 2020 as ‘a model for poverty reduction’, Rahman said.
Bangladesh, like other countries, faces the daunting challenge of fully recovering from the Covid-19 pandemic, which has constrained economic activities and reversed some of the gains achieved in the last decade, he said.
Commerce Minister Tipu Munshi said that the tea production in Bangladesh was 60 million kg in 2009, which increased to 97.51 million kg in 2021, but the product was not exported much, so the government has decided to take steps to increase its export.
“There is a huge global demand for our tea, but it is not exported due to an increase in local demand and lack of export incentives. So, we have taken steps to export it after meeting the country’s demand,” he told a program organized in the city marking the National Tea Day on Saturday.
Tipu said, “We have started producing tea in the country’s northern region, where 14.55 million kg of tea was produced in 2021. The government will assist traders in all areas including innovating new varieties of tea, increasing production, auctioning, and marketing”.
This will increase the country’s tea production and enable us to export it after meeting the local demand, he added.
Minister for Expatriate Welfare and Overseas Employment Imran Ahmad, who was the special guest at the programme, said, “Tea is one of our most important cash crops and once tea was the second most exported product.”
National Tea Day is being celebrated for the second time in the country this year.
Md Jasim Uddin, president of Federation of Bangladesh Chambers of Commerce and Industry, Omar Hannan, president of Tea Traders Association of Bangladesh, and M Shah Alam, president of Bangladeshiyo Cha Sangsad, addressed the function presided over by Tapan Kanti Ghosh, senior secretary of the ministry.
The United States has briefed Bangladesh on the Indo-Pacific Economic Framework (IPEF) and Bangladesh welcomed additional information on the supply chain resilience and decarbonization pillars of the IPEF.
Bangladesh also sought U.S. technical assistance to sustainably explore its ocean resources and further develop its blue economy in pursuit of environmental protection and economic prosperity.
The issues came up for discussion at the second Bangladesh-US high-level economic consultation held in Washington, DC on Thursday.
Adviser for Private Industry and Investment to the Prime Minister Salman F. Rahman and US Under Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez co-chaired the discussion.
US President Joe Biden launched the IPEF with a dozen initial partners: Australia, Brunei, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. Together, they represent 40% of world GDP.
Earlier on Wednesday, US Ambassador to Bangladesh Peter Haas said there will be opportunities for other countries to join in the recently launched IPEF.
There have been consultations with the Ministry of Foreign Affairs in March regarding the IPEF and the ambassador hoped that Bangladesh will follow it closely.