Ahmed Akbar Sobhan Wants to Keep their Footprint in all Countries across the World

Bashundhara Group Chairman Ahmed Akbar Sobhan said on Saturday that they want to keep their footprint in all countries across the world through exporting their paper products.

“Bashundhara Group will keep its footprint in all countries through exporting its paper products,” he said while addressing the Bashundhara Paper Annual Dealers’ Conference 2019 in the capital.

He said once Bangladesh used to import paper from different countries, including China, Sweden and India, but now it is exporting paper to many overseas markets.

Bashundhara Paper Mills Limited and Bashundhara Multi Paper Industries Limited organised the conference at the residence of Bashundhara Group Vice-Chairman Safwan Sobhan Tasvir in Bashundhara residential area.

Safwan Sobhan Tasvir, Bashundhara Group Director Yeasha Sobhan, Senior Deputy Managing Director (DMD) Belayet Hossain, DMD Md Mostafizur Rahman, Chief Financial Officer Mirza Mujahidul Islam (Sector-C) and Head of Sales (Paper) Md Masudur Rahman were present at the conference.

Bashundhara Paper awarded crests and souvenirs to top 10 dealers at the conference. Three of them got Dhaka-Bali-Dhaka air tickets.

The winners are M/S Yousuf Enterprise, M/S Mohammadia Paper House, M/S Ahmed Trading Corporation, M/S Monorom Trading, M/S Universal Traders, M/S Sky Traders and M/S National Paper House from Dhaka, M/S Kagoj from Rangpur, M/S Rangunia Store from Chattogram and M/S Samrat Store from Khulna.

Ahmed Akbar Sobhan said, “We believe that the people working with Bashundhara Group are members of our family. Our family bonding is the main inspiration behind this massive progress of our business which began in 1987.”

“The owner of a tiny shop beside a road in a rural village is also a member of our family as he [the owner] is contributing to flourishing of our business by selling Bashundhara products,” he added.
He said Bashundhara Group has achieved trust and love from consumers through maintaining the utmost quality of its products. “We started our tissue business, producing only one tonne a day. Today, the production has crossed 200 tonnes.”

The Bashundhara Group chairman said, “From my childhood, I used to see piles of wasted paper in Old Dhaka. That time, businessmen had to wait two to three months to purchase a tonne of paper from Khulna Newsprint Mills or Karnaphuli Paper Mills. This crisis inspired me to set up a paper mill. Today, we have 13 machines in our industry. The number will increase in the future.”

He highlighted the economic development taking place in the country and said every individual has been benefiting from the development.

Quoting the finance minister, Ahmed Akbar Sobhan said, “The GDP growth of the country will increase to 8.25 percent this fiscal year from 7.65 percent in the last FY.”

In reply to a question from a paper dealer, he said, “Bashundhara Group won’t take part in the traditional rat race like other business organisations in the country.”

He mentioned that mega projects, including Padma Bridge and Rooppur Nuclear Power Plant, are being constructed by using Bashundhara Cement. “It has been possible only because of our product quality, not quantity.”

Ahmed Akbar Sobhan said the quality of Bashundhara paper is higher not only than other companies in Bangladesh, but also the foreign companies. Many companies from India are importing Bashundhara paper due to its good quality, he added.

Describing the paper market as very competitive, he said Bashundhara Group launched its business as the first private paper mill in the country. “Today, the number of paper mills stands at 106, but it is very challenging to make it sustainable. Around 70 mills have been shut down as it’s a very capital-intensive business.”

He announced that he will award 5 katha, 4 katha and 3 katha of plots in Bashundhara residential area in the capital to top three Bashundhara paper dealers.

“It’s a dream of all family to be the owner of a plot in Bashundhara R/A for its idyllic beauty. I want that my family members will live in Bashundhara R/A after winning a plot. That will definitely strengthen our bonding,” he said.

Speaking at the event, Bashundhara Group Director Yeasha Sobhan said Bashundhara Paper Mills Ltd started its journey 25 years ago with a single unit. Today it has three units apart from Bashundhara Multi Paper Industries Limited unit.

Referring to Bashundhara Paper Mills receiving super brand award, she said the success has come due to the leadership of Vice-Chairman Safwan Sobhan.

In his speech, Bashundhara Group DMD Md Mostafizur Rahman said once the country used to import paper from India, now many Indian companies are importing Bashundhara paper due to its quality.

He said Bashundhara Paper Mills produces various paper products includes Art paper, security paper and currency paper.

Masudur Rahman welcomed the dealers and highly appreciated their efforts in achieving the targets last year.

He analysed the future challenges and ways to face them to achieve the target.

Bashundhara Welfare Society Secretary and Ward Councillor Meet with Ahmed Akbar Sobhan

বসুন্ধরা গ্রুপের চেয়ারম্যান আহমেদ আকবর সোবহানের সঙ্গে গতকাল সৌজন্য সাক্ষাৎ করেন শরীয়তপুর সদর উপজেলা পরিষদে বিনা প্রতিদ্বন্দ্বিতায় নির্বাচিত চেয়ারম্যান ও বসুন্ধরা ওয়েলফেয়ার সোসাইটির মহাসচিব আলহাজ মো. আবুল হাশেম। এ সময় বসুন্ধরা গ্রুপের ডিএমডি আবুল কালাম শামীম এবং বসুন্ধরা ওয়েলফেয়ার সোসাইটির সহসভাপতি আলহাজ মো. গোলাম সরওয়ার উপস্থিত ছিলেন (বাঁয়ের ছবিতে)। এদিকে গতকাল বসুন্ধরা গ্রুপের চেয়ারম্যানের সঙ্গে সৌজন্য সাক্ষাৎ করেন ঢাকা উত্তর সিটি করপোরেশনের ৪৮ নম্বর ওয়ার্ডের নবনির্বাচিত কাউন্সিলর হাজি মাসুদুর রহমান দেওয়ান বুলবুল।

Dhaka North City Corporation Ward Councillors Meet with Ahmed Akbar Sobhan

বসুন্ধরা গ্রুপের চেয়ারম্যানের সঙ্গে সৌজন্য সাক্ষাৎ-2

বসুন্ধরা গ্রুপের চেয়ারম্যানের সঙ্গে সৌজন্য সাক্ষাৎ

বসুন্ধরা গ্রুপের চেয়ারম্যানের সঙ্গে সৌজন্য সাক্ষাৎ

বসুন্ধরা গ্রুপের চেয়ারম্যান আহমেদ আকবর সোবহানের সঙ্গে গতকাল তাঁর কার্যালয়ে সৌজন্য সাক্ষাৎ করেন ঢাকা উত্তর সিটি করপোরেশনের ৩৯ নম্বর ওয়ার্ডের নবনির্বাচিত কাউন্সিলর মো. শফিকুল ইসলাম বাছেক, ৪০ নম্বর ওয়ার্ডের নবনির্বাচিত কাউন্সিলর নজরুল ইসলাম ঢালী, ৪২ নম্বর ওয়ার্ডের নবনির্বাচিত কাউন্সিলর ফারুক আহমেদ ও ৪৩ নম্বর ওয়ার্ডের নবনির্বাচিত কাউন্সিলর হেলাল উদ্দিন ।

Ahmed Akbar Sobhan speaks at the launching ceremony of the Daily Shomoyer Alo

Play active role in fight against graft, drugs

Bashundhara Group Chairman Ahmed Akbar Sobhan has urged the newsmen and media houses to play an active role in fight against corruption, drug abuse and other crimes to facilitate uninterrupted economic growth of the country.

He made the call while speaking at the launching of a Bengali newspaper — The Daily Somoyer Alo — sponsored by Amin Mohammad Group at Bangabandhu International Convention Centre in the capital on Saturday.

The Bashundhara Group chairman said journalists should highlight the spirit of the liberation war and deep patriotism and push country’s development ventures forward.

“Newspapers and television channels need to highlight the positive steps of the government and criticise mistakes, if any, to rectify the policymakers,” he said.

Terming the press the fourth estate, Ahmed Akbar Sobhan said media outlets will have to maintain professionalism so that their news items are regarded as the mirror of the society.

He said the news outlets under East West Media Group Limited (EWMGL), a concern of Bashundhara Group, propagate the spirit of liberation war and communal harmony, and highlight the country’s development thrust, maintaining objectivity in journalism.

“There is a misconception that a media house cannot be popular without running anti-government reports. Journalists will have to focus on economic development, drug abuse and other burning issues,” he said.

Home Minister Asaduzzaman Khan Kamal attended the event as the chief guest. Amin Mohammad Group Chairman MM Enamul Haque presided over the function.

Terming newspapers the mirror of the society, the home minister urged journalists to work for the people and country through their work.

“Journalists can point out the mistakes of the government, if any, to leave a scope for the policymakers to be corrected. Journalists can help the government implement development projects,” he added.

State Minister for Shipping Ministry Khalid Mahmud Chowdhury, State Minister for Disaster Management and Relief Dr Md Enamur Rahman, Somoyer Alo Editor Rafiqul Islam Ratan, Daily Observer Editor Iqbal Sobhan Chowdhury, were present, among others, at the function.

Former information minister Abul Kalam Azad, former minister and Jatiya Party leader Ruhul Amin Hawlader, Awami League lawmaker Sagufta Yasmin Emily, Magura Group Chairman Mustafa Kamal Mohiuddin, Rupayan Group Chairman LA Mukul, and Amin Mohammad Group Deputy Managing Director Md Ramzanul Huq Nihad also joined the event.

Ahmed Akbar Sobhan Honoured with ‘Dashabhuja Bengali’

Bashundhara Group Chairman Ahmed Akbar Sobhan has been honoured with “Dashabhuja Bengali-2019” award in Kolkata for his valuable contribution to the business sector.

Group Vice-chairman Safwan Sobhan, also a son of the chairman, received the award on behalf of the chairman from Principal of St Xavier’s College in Kolkata Rev Dr Dominic Savio at a ceremony on Friday, marking the International Mother Language Day.

The famed educational institution presents 10 renowned personalities with the award every year for their contributions to the development of the society.
After receiving the award, Bashundhara Vice-chairman said: “My father is a role model for me. I’m feeling proud, as my father has been honoured with such an award.”

He said the award will motivate the future generation to work more enthusiastically.

Safwan Sobhan announced that Bashundhara Group, one of the largest industrial and business conglomerates of Bangladesh, is interest to do business in Kolkata.

Eminent Bangladeshi actress Joya Ahsan was honoured at the same event for her contribution to the film industry. She said she is feeling very proud of receiving the award.

Other recipients of Dashabhuja Bengali are actor Soumitra Chattopadhyay, artist Iman Chakraborty, poet Joy Goswami, dramatist Bratya Basu, also a minister of West Bengal government, film director Shoojit Sircar, footballer Surajit Sengupta, Dr Sukumar Mukhopadhyay and film critic Saibal Chatterjee.

On the first day of the two-day colourful event, artistes recited poems, sang songs and performed dance.

কলকাতায় ‘দশভুজা বাঙালি’ সম্মাননা পেলেন বসুন্ধরা গ্রুপের চেয়ারম্যান

ব্যবসায় বিশেষ অবদানের জন্য কলকাতার ঐতিহ্যমি ত সেন্ট জেভিয়ার্স কলেজের ‘দশভুজা বাঙালি ২০১৯’ সম্মাননা পেলেন বাংলাদেশের বিশিষ্ট শিল্পপতি বসুন্ধরা গ্রুপের চেয়ারম্যান আহমেদ আকবর সোবহান।

গতকাল সন্ধ্যায় সেন্ট জেভিয়ার্স কলেজের ফাদার ডেপেলচিন অডিটোরিয়ামে এক জমকালো অনুষ্ঠানে আহমেদ আকবর সোবহানের পুত্র বসুন্ধরা গ্রুপের ভাইস চেয়ারম্যান সাফওয়ান সোবহানের হাতে এ পুরস্কার তুলে দেন কলেজের অধ্যক্ষ রেভারেন্ড ড. ডমিনিক সাভিও। সম্মাননা হিসেবে প্রদান করা হয় উত্তরীয়, পুষ্পস্তবক, মানপত্র ও একটি সুদৃশ্য স্মারক। পুরস্কার গ্রহণ করে সাফওয়ান সোবহান বলেন, ‘আমি আমার পিতাকে রোল মডেল হিসেবে দেখি। তিনি যে এ রকম একটা সম্মাননা পেয়েছেন, এটা আমার কাছে খুবই ভালো লাগছে এবং আমি এর জন্য গর্বিত। এ পুরস্কার আমাদের আগামী দ্বিতীয় ও তৃতীয় প্রজন্মকে আরও ভালো কাজ করার জন্য উজ্জীবিত করবে।’ বাংলাদেশের পাশাপাশি কলকাতায়ও বসুন্ধরা গ্রুপ ব্যবসা বাড়াতে আগ্রহী বলেও জানান তিনি। অন্যদিকে চলচ্চিত্রে বিশেষ অবদানের জন্য এই সম্মাননা পান বাংলাদেশের বিশিষ্ট অভিনেত্রী জয়া আহসান। নিজের বক্তব্যে জয়া আহসান বলেন, ‘ভাষার মাসে আমি এ সম্মাননা পেয়ে নিজেকে খুব গর্বিত বলে মনে করছি। জানি না আমি সম্মাননা পাওয়ার যোগ্য কিনা। তবে এপার বাংলা আমাকে যেভাবে গ্রহণ করেছে তাতে আমি কৃতজ্ঞ।’ উল্লেখ্য, ২০১১ সাল থেকে প্রতি বছর সমাজের বিভিন্ন ক্ষেত্রে ১০ জন সেরা ব্যক্তিকে এ পুরস্কার দিয়ে আসছে উদ্যোক্তা কমিটি। চলতি বছরও ১০ জন সেরা ব্যক্তিত্বকে ‘দশভুজা বাঙালি ২০১৯’ সম্মাননা দেওয়া হলো। অন্য পুরস্কার প্রাপকরা হলেনÑ অভিনেতা সৌমিত্র চট্টোপাধ্যায়, সংগীতশিল্পী ইমন চক্রবর্তী, কবি জয় গোস্বামী, নাট্যকার ব্রাত্য বসু, চিত্র পরিচালক সুজিত সরকার, ফুটবলার সুরজিৎ সেনগুপ্ত, চিকিৎসক ডা. সুকুমার মুখোপাধ্যায় ও ফিল্ম ক্রিটিক শৈবাল চ্যাটার্জি। যৌথভাবে এ অনুষ্ঠানের আয়োজন করে সেন্ট জেভিয়ার্স কলেজ অ্যালামনাই অ্যাসোসিয়েশন ও বেঙ্গলি লিটারারি সোসাইটি।

BICL Sign a Syndicated Term Loan Agreement with Bank Asia

Ahmed Akbar Sobhan, Chairman of Bashundhara Group, Safwan Sobhan, Vice Chairman of Bashundhara Group, Md. Arfan Ali, President & Managing Director of Bank Asia Ltd and other top executives of the participating lenders are seen at the signing ceremony held recently. Bank Asia as Lead Arranger & Agent arranged the signing ceremony for syndicated term Loan of Tk. 2,850 million for expansion project of Bashundhara Industrial Complex Ltd. to be located at Modongonj, Narayangonj with the project cost estimated at Tk. 4,475 million

Ahmed Akbar Sobhan urged the government to reduce the rates of interest on savings instruments to help banks

Bashundhara Group Chairman Ahmed Akbar Sobhan on Thursday urged the government to reduce the rates of interest on savings instruments to help banks and other financial institutions offer loans at single-digit interest rates.

“Bankers and businesses want single-digit interest rates. I request the government to reduce the interest rates on savings tools. Otherwise, banks will not be able to provide loans at single-digit interest rates,” he said.

The chairman of country’s largest business and industrial conglomerate made the call at a ceremony arranged to sign the agreement of a syndicated loan facility at a city hotel.
Under the agreement, Bank Asia, lead arranger of the syndicated loan, and four other lenders sanctioned a term loan facility of Tk 2.85 billion (285 crore) in favour of Bashundhara Industrial Complex Ltd for expansion of its cement plant at Madanganj in Narayanganj.

The total cost of the project has been estimated at Tk 4.47 billion.

Bank Asia, one of the fastest growing banks in private sector, is the lead arranger and agent of the loan. The other lenders are state-owned Janata Bank Ltd, Pubali Bank Ltd, NRB Bank Ltd and Uttara Finance and Investment Ltd.

Bashundhara Group Chairman Ahmed Akbar Sobhan, Bank Asia President and Managing Director Md Arfan Ali, representatives from the participating lenders signed the agreement on behalf of their respective organisations.

Janata Bank CEO and Managing Director Md Abdus Salam Azad, Pubali Bank Managing Director Md Abdul Halim Chowdhury, NRB Bank Deputy Managing Director Md Khurshed Alam and Uttara Finance Managing Director SM Shamsul Arefin were the other signatories.

Bashundhara Group Vice-Chairman Safwan Sobhan and high officials of different banks were also present on the occasion.
Speaking at the ceremony, the Bashundhara Group chairman said around 60 banks have been operating and contributing to the national economy. “Private banks are extending loans aggressively and it seems that they will continue their efforts in the coming days,” he said.

Ahmed Akbar Sobhan urged the banks and other lending agencies to examine details of the loan seekers before lending so that the lenders do not need to run before them after extending loans.

“We always talk about classified and defaulted loans. If any loan gets classified or defaulted, it puts pressure on the entire business community,” he said.

He said Bashundhara Group has been doing business for the last 30 years, but never defaulted on any loan.

Thanking the banks for their wholehearted support during Bashundhara Group’s business journey, Ahmed Akbar Sobhan said banks have contributed the most for the today’s position of Bashundhara Group.

“Bashundhara Cement ensures quality and strength. Bashundhara Cement has been used in major projects of the country and we hope the cement brand will contribute to upcoming projects too, he added.

Talking about the tourism sector, the Bashundhara Group chairman said they are planning to contribute to the tourism sector as there is huge prospect of the industry in the country.

“We’re planning to establish a couple of theme parks in tourism city Cox’s Bazar,” he said.

Bank Asia Managing Director Arfan Ali said the expansion of Bashundhara Cement factory will increase its annual production up to 3 million tonnes from existing 2.1 million tonnes.

Shedding light on the present scenario of country’s cement sector, he said average yearly per capita cement consumption is average 500 kgs in the world while it is around 120 kgs in Bangladesh.

“Currently the total estimated annual sale of cement in Bangladesh is around 32 million tonnes. Therefore, there is a huge potential of growth of the sector,” he added.

Arfan Ali also said Bank Asia has long been closely associated with Bashundhara Group and arranged three syndicate loan facilities for the group.

Top officials of different units of Bashundhara Group were also present at the signing ceremony.

Dr Shahidul Islam and Dr Md Rokonuzzaman Selim from Ibrahim Cardiac Hospital meet Bashundhara Group Chairman Ahmed Akbar Sobhan

Paediatric cardiologist Dr Shahidul Islam and paediatric cardiac surgeon Dr Md Rokonuzzaman Selim from Ibrahim Cardiac Hospital meet Bashundhara Group Chairman Ahmed Akbar Sobhan at his office in Bashundhara residential area in the capital on Wednesday. The two physicians hailed the Bashundhara Group Chairman for the assistance Bashundhara Foundation is offering for the treatment of cardiovascular disease of poor children.

Bashundhara Group chairman felicitates LOAB president

Bashundhara Group Chairman Ahmed Akbar Sobhan on Sunday extended felicitation to noted businessman Azam J Chowdhury for being elected President of LPG Operators’ Association of Bangladesh (LOAB).

LOAB is a body representing companies which deal in liquefied petroleum gas (LPG) in the country.

East Coast Group Chairman Azam J Chowdhury has long been in the business of petroleum gas. He is also the managing director of Mobil Jamuna Lubricant.
Assuming the office, Azam J Chowdhury said the association will continue its efforts to reach LPG cylinders to end users at affordable prices.

The association bade farewell to outgoing LOAB President Salman F Rahman, who is a renowned industrialist and founder of Beximco Group.

Salman F Rahman has recently been elected as Member of Parliament (MP) and made the private sector advisor to Prime Minister Sheikh Hasina.