Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
The prices of everyday essentials have increased in another phase before the holy month of Ramadan. Businessmen have identified four reasons behind this increase in prices of daily essential commodities – high price and dollar crisis, extortion, syndicates and high tariff rates. Common traders involved in the business of daily essential commodities met on Wednesday […]
In his speech before representatives of various companies, wholesalers, retailers, market committee leaders and government officials, the FBCCI President also said that he would take up the issue at the highest level of the government if necessary. FBCCI organized the event focusing on production, imports, stocks, supply and price situation of daily necessities.
Sirajul Islam, president of Bangladesh Fresh Fruits Importers Association, said, ‘The demand for dates is high during Ramzan. It takes about two months to import dates from countries like Algeria or Tunisia. But we cannot open the required LC right now. Plus we are paying a higher price for the dollar. “Additional duty has also […]
The economic crisis arising from global geopolitics has started affecting the overall economic activities in Bangladesh, resulting in businesses suffering the most losses. Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Mahbubul Alam said this in his speech at the federation’s Annual General Meeting (AGM) in Dhaka on Saturday.
The ongoing unrest in the readymade garment industry was also discussed in the meeting. Talking about this, BGMEA President Farooq Hasan said, “Outsiders are involved in the violence over the wage issue in the garment sector. No real worker can set fire to his own factories. Deliberate efforts are being made to create chaos in […]
He said that many traders have to open letters of credit (LC) to buy dollars at a price higher than the fixed rate, which affects the import of goods. Mehboob said, the BB Governor has been requested not to increase the interest rate of bank loans by a large margin as businesses are already facing […]
There was no voting in several commodity-based organizations including knitwear industry owners’ organization BKMEA, real estate agents’ organization REHAB and plastic products manufacturers and exporters’ organization BPGME. Even in FBCCI, the apex body of businessmen, no voting took place twice in a row. The last elections were held in July last year. People associated with […]
FBCCI President sought cooperation of the Japanese in facilitating higher education for Bangladeshi students in Japan by facilitating visa acquisition and acquiring technical skills. He urged development organizations including JICA and Japan External Trade Organization (JETRO) to come forward to provide necessary training to acquire technical skills and provide logistics support for efficient development in […]
FBCCI President Mahbubul Alam said that Halal market is growing in both Muslim and non-Muslim countries. He said a significant portion of the halal industry came from member countries of the Organization of Islamic Cooperation (OIC), which was valued at US$3.7 trillion in 2020. He said, in the financial year 2022-2023, halal products worth $843.03 […]
During the program, the new Senior Vice President of FBCC Mohammad Amin Helali, outgoing Senior Vice President Mostofa Azad Chowdhary Babu also spoke. A total of 80 directors were elected for the 2023–25 board of directors, 40 from each chamber and association group. The Board of Directors consists of a President, a Senior Vice President […]
Salman F Rehman, Private Advisor to the Prime Minister on Industry and Investment, AK Abdul Momen, Minister of External Affairs, Junaid Ahmad Palak, Minister of State for ICT, Lokman Hussain Miya, Executive President, BIDA, Sheikh Yusuf Haroon, Executive President, BEJA, Ambassadors of both the countries, FBCCI former President Mohd Shafiul Islam (Mohiuddin) MP, Deputy Speaker […]
FBCCI President urged to issue receipts (invoices) for buying and selling of products at retail, wholesale market and intermediate level to keep the price of the products stable. “Thinking about the common people of the country, the business should be done in an orderly manner to keep the price of the products moderate. The mistrust […]
The meeting was presided over by the chairman of the committee and former director of FBCCI Mohd. Shafqat Haider did it. He said that Bangladesh needs to focus on developing bilateral agreements and relations to expand foreign trade. FBCCI Director Haseena Nawaz, Nadia Binte Amin, Abu Hussain Bhuiyan Ranu, Former Director Khandekar Ruhul Amin, Mehboob […]
The gas tariff was increased on 18 January. Prime Minister Sheikh Hasina told the national parliament the same day, “If they (businessmen) want uninterrupted gas supply, they will have to pay the price at which the government is buying gas. There is no point in giving subsidies.” Disappointment prevailed among the business leaders after the […]
The guest delegation was led by Kazushige Nobutani, Chairman of JETRO. Mo. Jashim Uddin said that Bangladeshi people love Japan and there is a huge demand for Japanese products, especially automobiles. “On the road, you can see various Japanese cars everywhere in Bangladesh. Japan can come forward to tap the huge business potential in Bangladesh. […]
