[🇧🇩] Electronics and Home Appliances Industry in Bangladesh
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S Korea keen to invest in electronics sectors
Appreciating Bangladesh’s rapid economic growth and investment-friendly environment, South Korean Ambassador Kim Ji-joon on Wednesday expressed his country’s interest in investing in Bangladesh’s electronics manufacturing and technology sectors...
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S Korea keen to invest in electronics sectors
United News of Bangladesh . Dhaka 18 June, 2026, 00:15
South Korean ambassador to Bangladesh Ji-joon Kim pays a courtesy call on prime minister's adviser on foreign affairs Humaiun Kobir at the Prime Minister's Office on Wednesday. | BSS photo
Appreciating Bangladesh’s rapid economic growth and investment-friendly environment, South Korean Ambassador Kim Ji-joon on Wednesday expressed his country’s interest in investing in Bangladesh’s electronics manufacturing and technology sectors.
He also highlighted South Korea’s interest in expanding cooperation and investment in renewable energy, information technology, manufacturing, and other promising sectors.
The Ambassador discussed the issues during a meeting with the Prime Minister’s foreign affairs adviser Humaiun Kobir at the Prime Minister’s Office in Tejgaon.
During the meeting, the two sides discussed ways to further strengthen the longstanding friendly relations and enhance bilateral cooperation between Bangladesh and South Korea.
The Ministry of Foreign Affairs said both sides emphasised the importance of deepening collaboration in trade, investment, technology, industrialization, infrastructure development, human resource development, and skills enhancement.
Humaiun Kobir praised the growing economic and development partnership between Bangladesh and South Korea and underscored the need to boost trade and investment, facilitate technology transfer, and further strengthen industrial cooperation.
He welcomed increased South Korean investment in Bangladesh and assured the government’s full support in facilitating such initiatives.
Both sides reaffirmed their commitment to maintaining close cooperation on issues of mutual interest and expressed optimism about elevating Bangladesh-South Korea relations to new heights.
United News of Bangladesh . Dhaka 18 June, 2026, 00:15
South Korean ambassador to Bangladesh Ji-joon Kim pays a courtesy call on prime minister's adviser on foreign affairs Humaiun Kobir at the Prime Minister's Office on Wednesday. | BSS photo
Appreciating Bangladesh’s rapid economic growth and investment-friendly environment, South Korean Ambassador Kim Ji-joon on Wednesday expressed his country’s interest in investing in Bangladesh’s electronics manufacturing and technology sectors.
He also highlighted South Korea’s interest in expanding cooperation and investment in renewable energy, information technology, manufacturing, and other promising sectors.
The Ambassador discussed the issues during a meeting with the Prime Minister’s foreign affairs adviser Humaiun Kobir at the Prime Minister’s Office in Tejgaon.
During the meeting, the two sides discussed ways to further strengthen the longstanding friendly relations and enhance bilateral cooperation between Bangladesh and South Korea.
The Ministry of Foreign Affairs said both sides emphasised the importance of deepening collaboration in trade, investment, technology, industrialization, infrastructure development, human resource development, and skills enhancement.
Humaiun Kobir praised the growing economic and development partnership between Bangladesh and South Korea and underscored the need to boost trade and investment, facilitate technology transfer, and further strengthen industrial cooperation.
He welcomed increased South Korean investment in Bangladesh and assured the government’s full support in facilitating such initiatives.
Both sides reaffirmed their commitment to maintaining close cooperation on issues of mutual interest and expressed optimism about elevating Bangladesh-South Korea relations to new heights.
Saif
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Walton signs deal to expand footprint in Libya
Walton Hi-Tech Industries PLC, one of Bangladesh’s leading electrical and electronics manufacturers, has signed a global distributorship agreement with Libya-based ASR Al Techniyah to expand its presence in North Africa.
Walton signs deal to expand footprint in Libya
Star Business Report
Walton Hi-Tech Industries PLC, one of Bangladesh’s leading electrical and electronics manufacturers, has signed a global distributorship agreement with Libya-based ASR Al Techniyah to expand its presence in North Africa.
Under the three-year agreement, ASR Al Techniyah, a private company registered in Tripoli, will serve as Walton’s authorised distributor, overseeing the sales, marketing and distribution of Walton products across Libya.
According to a company disclosure filed with the Dhaka Stock Exchange (DSE), the partnership aims to introduce Walton’s range of home appliances and electronics to Libyan consumers under mutually agreed terms.
The agreement marks another step in Walton’s strategy to strengthen its international presence by taking “Made in Bangladesh” technology to new markets.
Under the deal, ASR Al Techniyah will market and sell Walton-branded products, including refrigerators, televisions, air conditioners and washing machines.
Abdur Rouf, head of global business division at Walton, said the company’s innovative technology, modern designs, product quality, durability, energy efficiency, eco-friendly features and competitive pricing have helped it stay ahead of rivals in overseas markets.
He said the brand has gained consumers’ trust in many countries, with its presence now spanning 55 markets, including Libya.
Rouf added that Walton has already exported two shipments of refrigerators, air conditioners, televisions and washing machines to Libya this year. The company expects the expansion to support its entry into other North African markets.
Walton’s share price rose 0.16 percent on the DSE today.
In fiscal year 2024-25, the company posted revenue of Tk 7,082 crore, down from Tk 7,512 crore a year earlier. Profit after tax also fell to Tk 1,036 crore from Tk 1,356 crore.
Star Business Report
Walton Hi-Tech Industries PLC, one of Bangladesh’s leading electrical and electronics manufacturers, has signed a global distributorship agreement with Libya-based ASR Al Techniyah to expand its presence in North Africa.
Under the three-year agreement, ASR Al Techniyah, a private company registered in Tripoli, will serve as Walton’s authorised distributor, overseeing the sales, marketing and distribution of Walton products across Libya.
According to a company disclosure filed with the Dhaka Stock Exchange (DSE), the partnership aims to introduce Walton’s range of home appliances and electronics to Libyan consumers under mutually agreed terms.
The agreement marks another step in Walton’s strategy to strengthen its international presence by taking “Made in Bangladesh” technology to new markets.
Under the deal, ASR Al Techniyah will market and sell Walton-branded products, including refrigerators, televisions, air conditioners and washing machines.
Abdur Rouf, head of global business division at Walton, said the company’s innovative technology, modern designs, product quality, durability, energy efficiency, eco-friendly features and competitive pricing have helped it stay ahead of rivals in overseas markets.
He said the brand has gained consumers’ trust in many countries, with its presence now spanning 55 markets, including Libya.
Rouf added that Walton has already exported two shipments of refrigerators, air conditioners, televisions and washing machines to Libya this year. The company expects the expansion to support its entry into other North African markets.
Walton’s share price rose 0.16 percent on the DSE today.
In fiscal year 2024-25, the company posted revenue of Tk 7,082 crore, down from Tk 7,512 crore a year earlier. Profit after tax also fell to Tk 1,036 crore from Tk 1,356 crore.
