Four Bangladeshi industrial enterprises have been recognised with the prestigious HSBC Export Excellence Award for their contributions to the country’s export sector and their commitment to sustainable development. The Hongkong and Shanghai Banking Corporation (HSBC) conferred the awards for the ninth time at a ceremony held on Sunday evening at the Radisson Blu Hotel in Dhaka, attended by prominent leaders from the banking and business communities.
This year, honours were awarded in four distinct categories, each celebrating remarkable performance and resilience within Bangladesh’s export-driven economy. Flamingo Fashions, a concern of the DBL Group, received the Export Excellence Award in the apparel segment for firms earning over 100 million US dollars annually. NZ Tex Group was recognised for surpassing 50 million US dollars in export earnings as a leading producer of yarn and textiles supporting major global garment brands.
In the emerging and non-traditional industrial category, two enterprises from the AkijBashir Group—Janata Jute Mills and Sadat Jute Industries—were granted awards for their export earnings exceeding 10 million US dollars annually. Both organisations have moved beyond traditional jute products to develop high-value, diversified items that now reach approximately 90 countries. In the services export category, UlkaSemi Private Limited was honoured as an emerging technology-based service provider. The Dhaka-based firm specialises in world-class semiconductor design services for leading clients in the United States, China, Taiwan and India, and has targeted an annual export benchmark of 5 million US dollars.
During the ceremony, detailed insights were shared about the award-winning companies. Flamingo Fashions was praised for its large-scale, export-oriented operations supplying clothing to prominent global brands across 50 countries. Operating 118 production lines, the company has achieved an impressive level of sustainability, with nearly 60 per cent of its raw materials sourced internally. Its annual production includes an estimated 44 million garment pieces, supported by initiatives in renewable energy and water recycling.
NZ Tex Group’s excellence lies in its production of high-quality yarn and fabric, with an annual output of around 52,000 tonnes. The company has built a reputation for maintaining international standards crucial to the global apparel industry. Meanwhile, Janata Jute Mills and Sadat Jute Industries have successfully repositioned jute—a traditional Bangladeshi export—by innovating and diversifying into premium products suited for modern markets.
UlkaSemi’s recognition marks a milestone in Bangladesh’s growing technology and innovation sector. Its cutting-edge semiconductor design services have allowed the country to make significant strides into a highly specialised and competitive industry.
The event was attended by several distinguished guests, including Chief Guest Sheikh Bashiruddin, Adviser to the Ministry of Commerce; Ahsan H. Mansur, Governor of Bangladesh Bank; and Sarah Cook, British High Commissioner to Bangladesh.
In his address, Commerce Adviser Sheikh Bashiruddin expressed strong confidence in the resilience of Bangladeshi entrepreneurs, saying, “Our entrepreneurs adapt with time. The government is working closely with them and standing firmly by their side.”
Bangladesh Bank Governor Ahsan H. Mansur emphasised the importance of diversifying the country’s export basket to unlock greater opportunities. HSBC Bangladesh CEO Md Mahbub ur Rahman highlighted the need for strategic planning, competitive market access and stronger trade diplomacy to expand the nation’s export reach. British High Commissioner Sarah Cook reaffirmed the United Kingdom’s long-standing role as a reliable partner in Bangladesh’s success across key sectors including economy, fashion, energy and education.
During an interactive segment, entrepreneurs voiced their concerns. AK Azad, Managing Director of Ha-Meem Group, criticised the rise of false legal cases against businesspersons, saying such actions hinder economic activity. Abdul Hai Sarkar, Chairman of the Bangladesh Association of Banks, added that a fair election would resolve many ongoing issues, calling it the nation’s “most urgent demand”.