[🇧🇩] 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.
Saif
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Walton to expand in Kenya
Walton Hi-Tech Industries is set to expand its market presence in Kenya through a partnership with Nairobi-based North Light Holdings.
Walton to expand in Kenya
Star Business Report
Walton Hi-Tech Industries is set to expand its market presence in Kenya through a partnership with Nairobi-based North Light Holdings.
The two companies have signed a memorandum of understanding to that end, according to a disclosure published on the Dhaka Stock Exchange (DSE) website yesterday.
Under the deal, the two companies will collaborate to sell, market and promote Walton products in the African country and provide customer care services.
North Light Holdings is a private company with its registered office in Nairobi, the disclosure said.
Walton shares were unchanged at Tk 331.10 as of 1:30pm yesterday on the DSE floor.
The listed manufacturer of electrical and electronic products reported a net profit of Tk 1,124 crore for FY2025-26, up 8.5 percent year-on-year, according to its financial statements. The increase was mainly driven by a sharp fall in bank interest expenses.
According to DSE data, sponsors and directors held 71.09 percent of Walton’s shares as of September 30, 2026, while institutional investors, foreign investors and the public held the remainder.
Star Business Report
Walton Hi-Tech Industries is set to expand its market presence in Kenya through a partnership with Nairobi-based North Light Holdings.
The two companies have signed a memorandum of understanding to that end, according to a disclosure published on the Dhaka Stock Exchange (DSE) website yesterday.
Under the deal, the two companies will collaborate to sell, market and promote Walton products in the African country and provide customer care services.
North Light Holdings is a private company with its registered office in Nairobi, the disclosure said.
Walton shares were unchanged at Tk 331.10 as of 1:30pm yesterday on the DSE floor.
The listed manufacturer of electrical and electronic products reported a net profit of Tk 1,124 crore for FY2025-26, up 8.5 percent year-on-year, according to its financial statements. The increase was mainly driven by a sharp fall in bank interest expenses.
According to DSE data, sponsors and directors held 71.09 percent of Walton’s shares as of September 30, 2026, while institutional investors, foreign investors and the public held the remainder.
Saif
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MES praises Walton’s technological manufacturing strength
The delegation was led by Major General Hasan Uz Zaman, engineer-in-chief of the Military Engineer Services
A high-level delegation of the Military Engineer Services (MES) visited the headquarters of Walton Hi-Tech Industries PLC at Chandra, Gazipur, and expressed admiration for the company’s vast manufacturing scale, advanced technologies, research and development activities, product diversity and international-standard production capabilities.
The delegation was led by Major General Hasan Uz Zaman, engineer-in-chief of the Military Engineer Services.
Other members of the delegation included Brigadier General Abul Hasnat Mohammad Sayem, director, Works, along with senior officials of MES.
During the recent visit, the MES delegation was welcomed by SM Mahbubul Alam, managing director of Walton Hi-Tech Industries PLC, along with other senior officials of the company.
Members of the delegation visited Walton’s display centre, various production plants, and research and innovation activities.
They observed the manufacturing processes and technological excellence of a wide range of electrical, electronic and hi-tech products, including lifts, air conditioners, refrigerators, solar panels, batteries, cables and compressors.
Major General Hasan Uz Zaman said: “We are truly impressed by Walton’s vast manufacturing scale, product diversity and technological capabilities. In particular, the company’s research and development activities are highly commendable. We would like to see Walton further expand these capabilities and continue advancing in technological innovation.”
Emphasizing the importance of prioritizing locally manufactured products, he said: “Like the government, we also place importance on giving preference to products made in Bangladesh. If the required products are available locally, we would first consider locally manufactured products. In this regard, Walton is one of the companies that naturally comes to our consideration. Its contribution to industrialization, employment generation, local manufacturing, technological development and the national economy truly deserves appreciation.”
Brigadier General Abul Hasnat Mohammad Sayem, director, Works of the Military Engineer Services, said: “Walton’s extensive manufacturing capability is truly remarkable. It is a matter of great pride that such large-scale manufacturing facilities and industrial capabilities have been developed in Bangladesh, and products manufactured here are being exported to different countries around the world.”
SM Mahbubul Alam, managing director of Walton Hi-Tech Industries PLC, said: “Walton places great importance on building long-term cooperation with key national institutions based on technology and manufacturing capabilities. The visit of the Military Engineer Services delegation is highly significant for us. Their valuable observations and recommendations will inspire us to further advance local technology-product manufacturing, research and development.”
Tanvir Anjum, business coordinator to the managing director of Walton Hi-Tech Industries PLC and senior executive director of the company, oversees Walton’s business activities, communication and coordination with MES.
He hosted the program and expressed sincere gratitude to the MES delegation for their visit.
Among others present during the visit were Mohammad Yusuf Ali, additional managing director of Walton; Md Tanvir Rahman, chief business officer of Walton AC; Ahmad Tanvir, head of corporate sales; Protic Kumar Modak, senior executive director; Md Mahmudur Rahman, CBO of Walton Lift; and Tanvir Ahmad, head of admin, along with other officials.
The delegation was led by Major General Hasan Uz Zaman, engineer-in-chief of the Military Engineer Services
A high-level delegation of the Military Engineer Services (MES) visited the headquarters of Walton Hi-Tech Industries PLC at Chandra, Gazipur, and expressed admiration for the company’s vast manufacturing scale, advanced technologies, research and development activities, product diversity and international-standard production capabilities.
The delegation was led by Major General Hasan Uz Zaman, engineer-in-chief of the Military Engineer Services.
Other members of the delegation included Brigadier General Abul Hasnat Mohammad Sayem, director, Works, along with senior officials of MES.
During the recent visit, the MES delegation was welcomed by SM Mahbubul Alam, managing director of Walton Hi-Tech Industries PLC, along with other senior officials of the company.
Members of the delegation visited Walton’s display centre, various production plants, and research and innovation activities.
They observed the manufacturing processes and technological excellence of a wide range of electrical, electronic and hi-tech products, including lifts, air conditioners, refrigerators, solar panels, batteries, cables and compressors.
Major General Hasan Uz Zaman said: “We are truly impressed by Walton’s vast manufacturing scale, product diversity and technological capabilities. In particular, the company’s research and development activities are highly commendable. We would like to see Walton further expand these capabilities and continue advancing in technological innovation.”
Emphasizing the importance of prioritizing locally manufactured products, he said: “Like the government, we also place importance on giving preference to products made in Bangladesh. If the required products are available locally, we would first consider locally manufactured products. In this regard, Walton is one of the companies that naturally comes to our consideration. Its contribution to industrialization, employment generation, local manufacturing, technological development and the national economy truly deserves appreciation.”
Brigadier General Abul Hasnat Mohammad Sayem, director, Works of the Military Engineer Services, said: “Walton’s extensive manufacturing capability is truly remarkable. It is a matter of great pride that such large-scale manufacturing facilities and industrial capabilities have been developed in Bangladesh, and products manufactured here are being exported to different countries around the world.”
SM Mahbubul Alam, managing director of Walton Hi-Tech Industries PLC, said: “Walton places great importance on building long-term cooperation with key national institutions based on technology and manufacturing capabilities. The visit of the Military Engineer Services delegation is highly significant for us. Their valuable observations and recommendations will inspire us to further advance local technology-product manufacturing, research and development.”
Tanvir Anjum, business coordinator to the managing director of Walton Hi-Tech Industries PLC and senior executive director of the company, oversees Walton’s business activities, communication and coordination with MES.
He hosted the program and expressed sincere gratitude to the MES delegation for their visit.
Among others present during the visit were Mohammad Yusuf Ali, additional managing director of Walton; Md Tanvir Rahman, chief business officer of Walton AC; Ahmad Tanvir, head of corporate sales; Protic Kumar Modak, senior executive director; Md Mahmudur Rahman, CBO of Walton Lift; and Tanvir Ahmad, head of admin, along with other officials.
