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Showing posts with the label Corporate Social Responsibility

Square Group of Bangladesh- success is a journey

Square Group is not just a successful company, it is a symbol of achievement. The journey of the company has been tough but it managed to sail through and have made it to the list of top companies of Bangladesh. Square Pharmaceuticals, which is the flagship company of the conglomerate is the leader among the pharmaceutical companies in Bangladesh and is currently gaining popularity across the globe. The company was founded by Samson H Chowdhury , one of the most prominent businessmen of Bangladesh in the year 1958. The company was named as Square because it was founded by Chowdhury and his three friends, and also because a square signifies perfection and quality. Square Group has consistently been at the top position since 1985 and has worked hard to achieve all the success which has come its way so far. The company was turned into a public limited company in the year 1991. The total turnover of the company was more than $163 million in the year 2010 with a steady year on year gro...

Salman F Rahman and BEXIMCO – “Taking Bangladesh to the World”

From its founding in the 1970’s by two brothers with uncommon foresight and vision, Ahmed Sohail Fasiur Rahman and Ahmed Salman Fazlur Rahman, the BEXIMCO group has grown from being focused solely upon commodities trading to the largest private sector group in Bangladesh.  From real estate development to energy to aviation to textiles, the group has certainly touched lives.  With a diversified group of industries accounting for almost three quarters of Bangladesh’s gross domestic product (GDP), “Taking Bangladesh to the world” seems a more-than-fitting motto for thegroup.  In today’s climate of global business, it is not enough to be satisfied with success solely on the domestic level.  BEXIMCO is certainly not.  Even as Bangladesh’s biggest private sector employer, the group employs over 48,000 people worldwide and continues to grow.  Under the guidance of its gifted management, BEXIMCO has its sights on the international market.  The management team...

Smart moves by the Bangladesh Bank to avoid economic catastrophe

The youth community is one of the most important genres of any society and youth employment is absolutely necessary for the socio-economic development of any nation. Recently, it has been noticed in the western countries that they are facing an economic crisis due to unproductive youth community. That is why Bangladesh has marked youth development as one of the most important aspects. Whether it is a First World or a Third World country, the respective governments are trying to create more and more job opportunities to increase the national productivity. Whether it is a big corporate, investing their money or a small industry, creating self employment opportunities, the government is doing everything within its capacity to encourage them to be more active towards creating more job sectors. It has been marked recently that the Bangladeshi entrepreneurs has been lacking motivation to create root level jobs. The Bangladesh bank has taken initiative to vanish the demoralizing situa...