Historic Moment for Bangladesh!

Historic Moment for Bangladesh!

Business America Magazine extends warmest congratulations to H.E. Dr. Khalilur Rahman on being elected as the President of the United Nations General Assembly (UNGA) for a one-year term. This monumental achievement marks a proud milestone for the entire nation and showcases Bangladesh's growing leadership on the global stage. We wish him immense success in steering global diplomacy and international cooperation forward.
Tribute to the Pioneers: ” The Remarkable Legends of Bangladesh’s Industrialization “

Tribute to the Pioneers: ” The Remarkable Legends of Bangladesh’s Industrialization “

Dhaka, May 21, 2026: With the theme “Respect for the Pioneers,” international business magazine Business America and NRB World, with FOBANA as the main sponsor, organized a prestigious honorary recognition programme titled Tribute to the Pioneers: " The Remarkable Legends of Bangladesh’s Industrialization ” on Thursday, 21 May 2026 at Hotel Sheraton, Banani, Dhaka. The programme was held from 6:00 PM to 10:00 PM and brought together distinguished academics, journalists, business leaders, and social contributors to pay tribute to some of the most influential pioneers in Bangladesh’s industrial and institutional development. Hon’ble State Minister Md. Nurul Haque Nur, MP, State Minister for the Ministry of Expatriates’ Welfare and Overseas Employment, attended the event as the Chief Guest.Professor Dr. Rais Uddin, Vice-Chancellor of Jagannath University, joined as the Guest of Honour. Among the distinguished guests present were: Professor Dr. Sabina Sharmin, Treasurer, Jagannath University Muhammad Abdul Mannan Howlader, Associate Professor, Department of History, Jagannath University Muhammad Rashed Kazi, Deputy Registrar, Jagannath University Md. Ayub Bhuiyan, General Secretary, National Press Club The opening speech was delivered by Sanjida Afrin, Country Director of Business America.Special remarks on the publication “The Remarkable Legends of Bangladesh’s Industrialization” were presented by Sumaiya Zaman, Executive Editor of Business America Magazine. Umaira Ahmed, CEO of Business America, spoke about the upcoming 5th Global Business Summit scheduled to be held in New York. The closing speech was delivered by Moazzem H. Chowdhury, Chairman of the 40th FOBANA Convention. During the programme, honorary recognition was conferred upon 19 legendary late industrial entrepreneurs, institution-builders, media pioneers, and national contributors whose visionary leadership and lifelong dedication significantly advanced Bangladesh’s industrial, economic, social, educational, healthcare, and media sectors. The distinguished personalities honoured included: Mr. Abul Kashem Khan (A.K. Khan) – Founder, A.K. Khan & Company Limited Mr. Nurul Islam Babul – Founder Chairman, Jamuna Group Mr. Abdur Rouf Chowdhury – Founder & Chairman, Rangs Group Limited Mr. Alhaj Abdul Monem – Founder, Abdul Monem Limited (AML) Mr. AC Abdur Rahim – Founder, Rahimafrooz Mr. M. A. Hashem, MP – Founder Chairman, Partex Group Dr. Zafrullah Chowdhury – Founder Chairman, Gonoshasthaya Kendra Mr. SM Nazrul Islam – Founder Chairman, Walton Hi-Tech Park Industry Dr. Anwarul Abedin – Founder Chairman, American International University-Bangladesh (AIUB) Engr. Rashed Maksud Khan – Founder Chairman, Bengal Fine Ceramic Ltd. Ms. Rokia Afzal Rahman – Former Chairperson, Mediaworld Limited Mr. Annisul Huq – Founder Chairman, Mohammadi Group Mr. Mostafa Golam Quddus – Founder Chairman, Dragon Group Mr. Mir Zahir Hossain – Founder Managing Director, Mir Group of Companies Mr. Tofazzal Hossain Manik Mia – Founding Editor, The Daily Ittefaq Mr. Bir Muktijoddha Md. Abu Tayab – Founder Chairman, TK Group Mr. Samson H. Chowdhury – Founder Chairman, Square Group Maulana M. A. Mannan – Founder, The Daily Inqilab & Former Minister Late Al-Haj Abdur Rahim – Founder & Chairman, Rahim Group The organizers stated that the initiative aims to preserve the memories and enduring legacy of these pioneers whose courage, entrepreneurship, vision, and service laid the foundation for Bangladesh’s industrial…
Empowering Women and Transforming Bangladesh’s Footwear Industry

Empowering Women and Transforming Bangladesh’s Footwear Industry

In northern Bangladesh, a remarkable entrepreneurial journey is reshaping lives and redefining possibilities. Hasanuzzaman Hassan, a U.S.-based entrepreneur with deep roots in his homeland, is transforming the socio-economic landscape of Rangpur through the establishment of BLING Shoes—a state-of-the-art, export-oriented sports footwear manufacturing company. His story represents not only a milestone in Bangladesh’s industrial growth but also a powerful example of how business, when guided by social responsibility and vision, can become a catalyst for lasting change.The foundation of BLING Shoes is also closely connected to a family vision. The company was originally founded by Hassan’s elder brother, Mohammad Selim, whose entrepreneurial foresight laid the groundwork for what the organization has become today. Although he passed away in January 2023, his legacy continues to guide the company’s mission and long-term vision. His dream of creating an enterprise that would uplift communities while competing globally remains deeply embedded in the company’s identity. Hasanuzzaman Hassan’s story is a powerful reminder that business success doesn’t have to be solely about profit. By focusing on people, especially women, he has created a thriving business that uplifts an entire region, proving that with the right mindset, businesses can both succeed and make a lasting, positive impact. The decision to establish BLING Shoes was driven by more than business ambition. It stemmed from a shared family commitment to development, a deep connection to Rangpur, and a determination to create sustainable change in a region long affected by seasonal food insecurity and limited economic opportunity.The Monga-affected areas of Rangpur have historically struggled with poverty and employment scarcity, particularly for women. Recognizing this challenge, the founders envisioned more than a profitable enterprise they sought to build a platform for empowerment. Their vision was clear: create a globally competitive factory that would generate revenue while providing stable, dignified employment for local communities, especially women who had long remained on the margins of the workforce.In 2018, that vision materialized with the launch of BLING Shoes in Rangpur. From its inception, the factory focused on manufacturing high-quality synthetic sports footwear for international markets. Today, it produces approximately 3.5 million pairs of shoes annually and generates over $40 million in revenue each year. What distinguishes BLING Shoes is not merely its scale, but its purpose.The company employs more than 2,000 workers approximately 85% of whom are women. This deliberate focus on women’s employment reflects a deeper mission: fostering economic independence, confidence, and long-term stability within families and communities. The factory manufactures sports, athletic, and running shoes that are exported to markets including India, Poland, Germany, Italy, Canada, France and USA. Despite intense global competition, BLING Shoes has earned a reputation for quality, innovation, and ethical business practices.The factory provides comprehensive support systems for employees, including on-site medical facilities, dormitories, dining areas, and designated prayer spaces for men and women. These investments ensure that workers have access to safe, respectful, and supportive working conditions.Launching a modern manufacturing facility in a region with limited industrial infrastructure posed considerable challenges. Establishing supply chains, building facilities, training…
A Catalyst for Community Transformation and Entrepreneurial Excellence

A Catalyst for Community Transformation and Entrepreneurial Excellence

Alamgir Kabir, a distinguished entrepreneur based in Florida, exemplifies the profound impact of dedication, innovation, and community commitment. Originating from Char Bhadrashan in the Faridpur district of Bangladesh, Alamgir's journey from a small village to becoming a prominent business figure in the United States is a testament to his resilience and visionary outlook.Born to Haji Abdur Rahim and Rabeya Khatun, Alamgir exhibited exceptional intelligence and a strong work ethic from a young age. He completed his Secondary School Certificate (SSC) at Faridpur District School and later obtained his Higher Secondary Certificate (HSC) from Government Rajendra College. In 1995, Alamgir's life took a pivotal turn when he won the Diversity Visa (DV) Lottery, granting him the opportunity to immigrate to the United States. Upon relocating to Florida, Alamgir immersed himself in the retail sector, driven by the belief that diligent effort attracts divine support. His entrepreneurial spirit led him to establish and manage several expansive shopping malls, a thriving real estate business, and a product marketing venture. These enterprises not only bolstered Florida's economy but also created employment opportunities, underscoring Alamgir's role as a catalyst for economic development.Deeply rooted in his Bangladeshi heritage, Alamgir has consistently sought to uplift his hometown of Char Bhadrashan. He initiated programs focused on education, healthcare, and housing, aiming to improve the quality of life for residents. During the COVID-19 pandemic, Alamgir extended support to imams, muezzins, and teachers in mosques and madrasas, providing essential relief and demonstrating his unwavering commitment to community welfare. Beyond financial contributions, Alamgir actively participates in cultural events across South Florida and offers guidance to aspiring entrepreneurs. He emphasizes the importance of hard work and adherence to legal frameworks, highlighting the efficiency and transparency of the U.S. system. His involvement with the Association of Florida further amplifies his dedication to fostering community cohesion and development.Alamgir's engagement with politics dates back to his student days, where he led the Nationalist Student Party. He holds the late President Ziaur Rahman in high regard, particularly for advocating production-oriented politics aimed at enhancing the livelihoods of ordinary citizens. Alamgir envisions a Bangladesh governed by the rule of law and democratic values, principles he deems essential for national progress and prosperity.In honor of his father, Alamgir founded the Haji Abdur Rahim Trust, dedicated to providing educational and healthcare support to underprivileged communities in Char Bhadrashan. This initiative reflects his belief that proactive efforts are essential for societal advancement, echoing his philosophy that "planting seeds alone does not yield crops; effort is essential."Alamgir Kabir's life is a harmonious blend of entrepreneurial success and unwavering commitment to community development. His endeavors have not only transformed the economic landscape of his community but have also fostered a culture of philanthropy and civic responsibility. As a bridge between Bangladesh and the United States, Alamgir continues to inspire, demonstrating that with vision, dedication, and compassion, one can indeed change the world.
Excellence in Healthcare Leadership &Innovation

Excellence in Healthcare Leadership &Innovation

It is a great honor to recognize the exceptional contributions of Sakif Shamim, a dynamic and visionary leader in the healthcare industry. As the Managing Director of Labaid Cancer Hospital & Super Speciality Centre, Mr. Shamim has been a transformative force, advancing the standards of healthcare in Bangladesh with a focus on cutting-edge medical services, compassionate patient care, and the continual development of his team.Under his leadership, Labaid Cancer Hospital has flourished into a beacon of hope for those battling cancer, providing state-of-the-art treatment options and a holistic approach to healthcare. His unwavering commitment to excellence is reflected not only in the hospital’s medical facilities but also in the care and support extended to patients and their families. By fostering an environment where healing is as much about emotional well-being as it is about physical recovery, Mr. Shamim has helped redefine what quality healthcare means in the country. Mr. Shamim’s innovative approach has ensured that Labaid Cancer Hospital remains at the forefront of cancer treatment, utilizing the latest medical technologies and collaborating with top-tier professionals from around the world. His leadership has been integral in ensuring that the hospital continues to offer world-class treatment, making life-saving care accessible to those in need. In addition to his work in the healthcare sector, Mr. Shamim is known for his deep commitment to the professional development of healthcare providers. He believes in the continuous education of medical staff, ensuring that Labaid Cancer Hospital not only offers the best treatment options but also supports a culture of learning and improvement. His forward-thinking vision has contributed to the hospital’s ability to adapt to the rapidly evolving medical landscape, ensuring it remains equipped to handle the most complex healthcare challenges. Beyond his role at the hospital, Mr. Shamim is a prominent advocate for healthcare accessibility and innovation in Bangladesh. He participates actively in discussions about the future of healthcare in the country, pushing for reforms and advancements that will benefit all citizens. His belief in the power of healthcare to transform lives extends beyond his professional role, as he continues to inspire change in the broader healthcare community. In recognition of his outstanding leadership and innovative contributions to healthcare, we proudly present Sakif Shamim with the Excellence in Healthcare Leadership & Innovation Award. His dedication to improving patient care and advancing healthcare practices in Bangladesh serves as an example to leaders across the sector. As the Managing Director of Labaid Cancer Hospital & Super Speciality Centre, Mr. Shamim’s influence and achievements in the healthcare sector continue to inspire his colleagues and the next generation of healthcare professionals. His work stands as a testament to the power of visionary leadership in transforming lives, and his impact will be felt for many years to come.
B100 Holdings Targets 100 Enterprises toStrengthen Economic Infrastructure

B100 Holdings Targets 100 Enterprises toStrengthen Economic Infrastructure

B100 Holdings has announced a long-term investment strategy aimed at strengthening Bangladesh’s economic backbone by empowering 100 large enterprises across key sectors. Positioning itself as a principal investor and long-term sponsor, the company seeks to provide institutional capital, governance frameworks, and operational excellence to systemically important businesses. Unlike traditional private equity firms, B100 Holdings invests its own capital alongside select institutional partners. Its investment approach is structured on a deal-by-deal basis, allowing flexibility and alignment with long-term business objectives. By operating without fixed fund cycles or forced exit timelines, the firm emphasizes patient capital and sustained partnership rather than short-term financial returns. The company’s mission is to support large enterprises that form the foundation of Bangladesh’s modern economy. These businesses often require structured governance, strategic oversight, and operational depth to scale sustainably. B100 aims to address this need by combining financial investment with institutional support mechanisms designed to strengthen management practices and long-term competitiveness. Bangladesh’s rapid economic growth has increased demand for structured investment models that go beyond capital infusion. As industries expand and modernize, many large-scale companies require governance reforms and operational improvements to meet both domestic and international standards. B100 Holdings’ model focuses on institutionalizing operations while reinforcing corporate discipline and transparency. According to the company’s strategy, its capital deployment model prioritizes alignment with national development goals. By avoiding predetermined exit timelines, B100 maintains flexibility to support businesses over extended growth cycles. This approach allows the firm to align with the long-term interests of its operating companies and Bangladesh’s broader economic ambitions. With its goal of empowering 100 large enterprises, B100 Holdings positions itself as a strategic partner in Bangladesh’s next phase of economic growth built on disciplined capital deployment, governance-driven management, and sustainable expansion.
Engr. Abubokor Hanip

The Lost Future of Our Youth:Will the New Government Open the Door of Hope

Not long ago, a post on Facebook shook me. A Bangladeshi man in France shared that he earned 169 euros- about 21,000 taka- after driving Uber for 12 hours. He wrote with pride, saying this is why he risked his life crossing the sea. In his mind, that backbreaking shift was worth more than a whole month’s struggle in Bangladesh. That story carries the bitter taste of truth. But should risking your life on a dark sea ever be the price of dignity? To him it seemed the only path. But deep down we know this is not the future our youth deserve. So, the question burns: what future are we offering our young people? Graduates with prized degrees roam without work. Those who do find jobs are underpaid, undervalued, and crushed by frustration. No wonder driving for minimum wage abroad feels like “success.” No wonder more than half of our youth dream of leaving the country. A British Council report shows 55% want to go abroad for study or work. Forty-two percent worry about unemployment. One-third of unemployed educated youth drift into crime. Tell me, how long can a nation survive like this? And if they do go abroad, are they destined only to drive Ubers and wash dishes? Is that the sum of their talent and ambition? Absolutely not. Our youth are not meant for scraps. They are meant to lead, to create, to compete at the highest levels of the global economy. With Former US Congressman Jim Moran Yet, right now, too many are simply stuck. A survey shows 40% of Bangladeshi youth are “inactive”- not in school, not in training, not in work. Among young women, that number climbs past 60%. Numbers like these should break our pride into pieces. We often boast of the “demographic dividend.” We talk about our youth as our strength. But what good is a dividend if we don’t invest it wisely? What good is a dream if it ends in despair? Here is the root: our education system. It produces degrees, but not the skills employers demand. That is why so many graduates sit idle. That is why the best minds pack their bags. The solution is not charity. The solution is not blind hope. The solution is skills- real, work-ready skills. Education that matches the market. Classrooms that prepare students not for unemployment, but for contribution. At Washington University of Science and Technology in the US, we built such a model. It is simple but powerful: Degree, Skills, Career. Students don’t just memorize. They practice. They learn from professors who are also industry experts, who bring 18 years of real-world experience straight into the classroom. The class becomes a workplace. The workplace becomes a future. Why is this urgent? Because the world has already changed. Entry-level jobs are vanishing—swallowed by AI. Generative AI agents now do the simple tasks that once gave millions a living. Survival now demands higher-level skills. Only those who master the new tools will thrive.…
Business America Magazine and JCI Dhaka North Sign Strategic MoU to Advance Global Business Collaboration

Business America Magazine and JCI Dhaka North Sign Strategic MoU to Advance Global Business Collaboration

We are pleased to announce the successful signing of a Memorandum of Understanding (MoU) between 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐌𝐚𝐠𝐚𝐳𝐢𝐧𝐞 𝐚𝐧𝐝 𝐉𝐂𝐈 𝐃𝐡𝐚𝐤𝐚 𝐍𝐨𝐫𝐭𝐡. This strategic collaboration marks an important step forward in fostering global connections, empowering young leaders, and creating new avenues for international business engagement. Together, we look forward to building impactful collaborations and unlocking new opportunities beyond borders—creating a pathway for aspiring leaders and entrepreneurs to connect with the global business community. Mark the Date: ​​​​​​​​​​​​​​​​​​ ​​​​​​ ​​​​​​​​ The 𝟓𝐭𝐡 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐮𝐦𝐦𝐢𝐭 𝟐𝟎𝟐𝟔 will be held at the iconic 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤 𝐌𝐚𝐫𝐫𝐢𝐨𝐭𝐭 𝐌𝐚𝐫𝐪𝐮𝐢𝐬, bringing together global leaders, innovators, and changemakers from around the world. Don’t miss the opportunity to be part of this prestigious international gathering. Secure your spot today. 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐧𝐨𝐰:https://business-america.org/5th-global-business-summit-2026-usa/
“Our Mission Is to Connect Your Business to the World”

“Our Mission Is to Connect Your Business to the World”

Interviewee: Sanjida AfreenCountry Director, Business America MagazineInterviewer: Saima Zarnaz, Economic Correspondent Sanjida Afreen, Country Director of Business America Magazine, a New York–based international business and investment publication, is a visionary, dynamic, and dedicated professional leader. She has been playing a pivotal role in building strong bridges between global business and investment communities and the Bangladeshi diaspora worldwide. On the occasion of the upcoming Global Business Summit 2026, scheduled to be held on April 10, 2026, in New York, USA, she shared her insights with us in an exclusive interview. Question: As the Country Director of Business America Magazine, what is the core objective behind organizing the Global Business Summit 2026 in New York? Sanjida Afreen:Our objective is very clear — “Connect Your Business to the World.” Through this summit, we aim to create a powerful global platform for entrepreneurs, investors, policymakers, and business leaders from Bangladesh and across the world. With participation from representatives of more than 50 countries, the summit will emerge as a strong hub for international collaboration and investment. Business America Magazine and NRB World have long been working to organize and strengthen the global network of Non-Resident Bangladeshis, and this summit is a practical reflection of that vision. Question: Why was New York chosen as the host city for this summit? Sanjida Afreen:New York is one of the world’s most influential financial and business capitals. Hosting the summit in an international business hub like Times Square means showcasing Bangladeshi entrepreneurs more prominently on the global stage. Many critical global investment decisions originate from New York. Therefore, organizing the summit here will play a vital role in attracting international investment for Bangladesh and diaspora-led businesses. Question: What opportunities will this summit create for Bangladeshi entrepreneurs and the Bangladeshi diaspora? Sanjida Afreen:The summit will feature high-level panel discussions, B2B business matchmaking, investment showcases, and international networking sessions. Bangladeshi entrepreneurs will have direct access to foreign investors and global corporate leaders, opening doors to joint ventures, export expansion, and entry into new markets. This will be an especially significant opportunity for startups, SMEs, and women entrepreneurs. Question: How important is the publication of special magazine editions alongside the summit? Sanjida Afreen:It is extremely important. We believe that celebrating success inspires the next generation. Through special publications such as “100 Global Bangladeshi Diaspora Leaders,” “100 Global NRB Leading Women,” “Bangladesh’s Top 100 CEOs,” and “100 American-Bangladeshi Changemakers,” we are highlighting Bangladeshi leadership and achievements on a global scale. These are not merely recognitions; they are strategic initiatives to strengthen Bangladesh’s global branding and soft power. Question: How effective do you think this summit will be in attracting foreign investment? Sanjida Afreen:No country can achieve rapid development without foreign investment. The summit will host in-depth discussions on ESG, impact investing, sustainable growth, and bilateral investment opportunities. Through this platform, international investors will gain a realistic and comprehensive understanding of Bangladesh’s potential, human capital, and market opportunities. I firmly believe that this summit will generate new investment flows into Bangladesh, significantly contributing…
The $350M Kali Hotel and Rooftop, Autograph Collection has officially celebrated its Topping Out Ceremony at Hollywood Park, Inglewood!

The $350M Kali Hotel and Rooftop, Autograph Collection has officially celebrated its Topping Out Ceremony at Hollywood Park, Inglewood!

$350M Kali Hotel in the Company, Led by International Entrepreneur Dr. Kali Pradip Chaudhuri — Kali Hotel and Rooftop, Autograph Collection, Topping Out Ceremony at Hollywood ParkThe hotel being built near SoFi Stadium is led by International Entrepreneur Dr. Kali Pradip Chaudhuri, founder of KPC Development Co., according to the Los Angeles Times. Work on the $350 million Kali Hotel has reached a milestone as Rams owner Stan Kroenke pushes ahead with the development of his sprawling Hollywood Park empire in Inglewood.Kali Pradip Chaudhuri is the man pursuing a visionary project to build a city inside California, which he wants to name “Kalifornia” City — spelled with a K to reflect his name. Beyond his work in the United States, Dr. Chaudhuri has visited his homeland, Bangladesh, more than 39 times in efforts to realize a 142-story skyscraper in Purbachal. Despite his persistence, the project has long been delayed due to bureaucratic constraints in Bangladesh. Still, he has expressed his determination that, if the government grants permission, he wishes to complete this landmark tower before the end of his lifetime.On September 10, the project’s progress was marked with the Kali Hotel and Rooftop, Autograph Collection, Topping Out Ceremony at Hollywood Park. The event featured distinguished guest speakers including Otto Maly, President of Kroenke Holdings; Mayor James T. Butts of Inglewood; Ryan McGuire, President and Shareholder of Clayco; and Dr. Kali Pradip Chaudhuri, Chairman and Founder of KPC Development. The program was moderated by Ashley Mackey, General Assignment Reporter for ABC7 Eyewitness News, highlighting the significance of the development to both the city and the broader community. The 300-room Kali is the only hotel in Kroenke’s master plan for Hollywood Park, and developers hope it will be a favored place to stay for visiting football and basketball teams, as well as fans who come to see them play. This week, the builders placed the uppermost beam on the 12-story inn set to be completed in September 2026, aligning with major international events scheduled at SoFi Stadium.Many developers have faced headwinds in recent months as rising tariffs and ongoing labor shortages, partly linked to immigration policy changes, have made it more challenging to keep projects on track. The Los Angeles Times reported that KPC paid tariffs in advance for windows, elevator parts, and other imported construction materials to avoid delays.Known officially as the Kali Hotel and Rooftop, Autograph Collection, it will join Marriott’s Autograph Collection, which allows owners to customize their hotels while remaining affiliated with the chain. The name of the hotel comes from its developer, Dr. Kali Pradip Chaudhuri, whose KPC Development Co. owns and builds commercial properties in the USA and abroad. It will be the company’s first hotel in the United States.The hotel itself will rise 13 stories high on Stadium Drive, positioned across a manmade lake from the 70,000-seat SoFi Stadium, home to both the Rams and Chargers. Its prime location near the YouTube Theater and the newly opened Intuit Dome makes it especially appealing to sports…