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Trade Body

ICC,B team at UN-ESCAP Meeting

ICC Bangladesh (ICC,B) President Mahbubur Rahman, Vice President Mrs. Rokia A. Rahman and Former DCCI President Asif Ibrahim left Dhaka for Bangkok to attend 9th ESCAP Business Advisory Council (EBAC) Meeting today (19 May). [caption id="attachment_16065" align="alignleft" width="300"]FullSizeRender ICCB President Mahbubur Rahman (right), ICCB Vice President Rokia Rahman (left) and Former President of DCCI & BUILD Chairman Asif Ibrahim (2nd from left) seen at the photo session of the 9th UNESCAP Business Advisory Council Meet...

Political stability required for higher growth, says ICCB

Bangladesh economy, over the past decade, has maintained a healthy 6%-plus growth rate, despite global shocks. Sustained growth has generated higher demand for improved infrastructure including uninterrupted power supply, better transport and telecommunication services. All these require increased private investment, according to ICCB Executive Board Report. ICCB Annual Council PhotoIn the budget of current fiscal, the government has set 7.3% growth target. To achieve the target, according to ADB, the total i...

US wants more business-friendly environment

Washington wants to see a more business-friendly environment in Bangladesh through establishment of a smooth dispute resolution system. US ambassador Marcia Stephens Bloom Bernicat has also stressed the need for protecting intellectual property rights for the safety of business operations including Marcia_Bernicatuse of technology, reports Bangla daily Prothom Alo. “Clear pathways to dispute resolution making bureaucratic interaction more user-friendly are essential to boosting the appeal of Bangladesh’s commercial environment...

Seminar on factoring for foreign trade in city

Importers are no more interested to import through opening L/C. Under L/C, importers have to provide required margin and sufficient security to their banks in order to confirm L/Cs. Even for a successful importer, there comes a time when the growing requirements for L/Cs margin go beyond the importer's financing ability and L/Cs coverage exceeds the security available to give to the bank. Moreover, importers need to approach banks for issuing L/Cs on each occasion of importing goods from abroad, which is really time consuming for foreign trade.

Women chamber submits budget proposal

A delegation of 15 members from Bangladesh Women Chamber of Commerce & Industry (BWCCI) led by its President Ms. Selima Ahmad submitted the budget proposal for the fiscal year 2015-16 in the “Pre-Budget Discussion Session” organized by National Board of Revenue at NBR. The proposed budget is for continuation of 100 cores taka as grant for women entrepreneurship development as previous fiscal year. IMG_4009It also proposes allocation for the establishment of Incubator program for women entrepreneur, introducing tax-free income limit up to ...

ICAB team off to Nepal

A team of the Institute of Chartered Accountants of Bangladesh (ICAB) led by its President Masih Malik Chowdhury FCA left to Kathmandu, Nepal to participate in SAFA Board meeting , other committee meetings, CAPA events and the meeting with the SAARC Secretary General. ICABOther members of the team are; ICAB Council Member & Past President Muhammed Farhad Hussain FCA, Anwaruddin Chowdhury FCA, Md. Syful Islam FCA, Md Abdus Salam FCA and Council Member Muhammad Farooq FCA. ICAB President will participate in a meeting with the SAARC Secretary Gener...
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