Dhaka, Feb 28 (UNB)-A two-day Global Business Summit will be held on November 29-30 at Marina Bay Sands in Singapore.
Noor Yhahia, president and CEO of Radio Ruposhi Bangla, USA, disclosed this at a press conference at the Jatiya Press Club on Thursday.
“For the first time, the summit will gather different business communities from at least 50 countries including Bangladesh. Business leaders will discuss various issues including problems and possibilities in business sector of the world,” he said.
“We will sit with Bangladeshi business leaders at a programme titled ‘Meet and Greet Dinner’at Westin hotel in Gulshan on Saturday (March 2) marking the summit. Planning Minister MA Mannan is expected to attend the program,” Noor said.
He further said they will arrange the summit in Singapore this year and will organize it in Bangladesh in future.
Shahidullah Osmani, Vice President of Radio Ruposhi Bangla, Mohammed Mehedi Masud, Organizing Secretary of Bangladesh Federal Union of Journalists ( BFUJ) were, among others, present at the program.
Hanoi, Feb 28 (AP/UNB) — Senior members of North Korea's delegation to Hanoi for Kim Jong Un's summit with President Donald Trump took a side trip Wednesday to visit one of Vietnam's most successful conglomerates.
Kim has several senior foreign and economic advisers with him in Hanoi and gleaning insights into ways to improve the North's economy appears to be high on their list of priorities.
As Kim stayed behind to prepare for the summit, a motorcade with former Foreign Minister Ri Su Yong, who is now the ruling party's top foreign policy adviser, and O Su Yong, a ruling party vice chairman and director of its Economic Affairs Department, traveled by car to the port city of Hai Phong, about 105 kilometers (60 miles) east of Hanoi, for a tour of Vinfast, which is part of the Vingroup, Vietnam's largest conglomerate.
Kim's visit for the two-day summit with Trump is seen as a good chance for Vietnam to show him that a war-ravaged Communist country can produce billionaires by launching reforms to attract foreign trade and investment.
While Kim wasn't in the motorcade, much of the route was lined with Vietnamese and North Korean flags. Hundreds of engineering students waved as the limousines entered the factory complex.
Trump has also made a point of how he hopes Kim will follow Vietnam's example.
"Vietnam is thriving like few places on earth. North Korea would be the same, and very quickly, if it would denuclearize," he tweeted on Wednesday before his first meeting with Kim. "The potential is AWESOME, a great opportunity, like almost none other in history, for my friend Kim Jong Un."
Vietnam is one of fastest growing economies in Asia and the Vingroup is one of its flagship successes.
Vinfast's businesses range from real estate development, hospitals and education to car manufacturing, agriculture, retails and resorts. Its operation in the Dinh Vu industrial park in Hai Phong uses technology from BMW and Bosch, among others, and is expected to start rolling out cars later this year.
Pham Nhat Vuong, chairman of Vingroup, ranked 499th in Forbes' world's richest people's list, worth $7.8 billion as of Feb. 24, 2019 and is Vietnam's richest man. The Forbes list includes three other Vietnamese.
Earlier in the day, the North Korean officials visited Quang Ninh province, location of the UNESCO world heritage site Ha Long Bay and about a half-hour's drive from Hai Phong.
Like Vietnam, North Korea is trying to tap tourism as a potential major income source.
A big drawback for the North is its restrictive regulations on what tourists can do and where they can go. Since Trump took office there has been a travel ban on all non-essential trips by U.S. citizens.
The North may be hoping to see that ban lifted if the summit talks go smoothly.
Dhaka, Feb 27 (UNB)- The Dhanmondi branch of Islami Bank Bangladesh Limited (IBBL) held a prize distribution program among the winners of a month long iBanking Campaign at branch premises on Tuesday.
Abu Reza Md Yeahia, Deputy Managing Director of the Bank distributed the prizes as chief guest.
Md Shafiqur Rahman, Senior Executive Vice President and Head of Dhaka Central Zone presided over the program. Bashir Ahamed, Senior Vice President and Head of Dhanmondi Branch addressed welcome speech.
Clients of the bank and officials of Dhaka Central Zone and Dhanmondi branch were present in the program.
Islami Bank conducted the campaign from September 25 to December 25 last year.
Highest i-recharge, fund transfer, iPaySafe users and utility bill payers have been awarded under the campaign.
Beijing, Feb 26 (AP/UNB) — American companies in China increasingly worry U.S.-Chinese relations will deteriorate and are "hedging their bets" by delaying investments or moving operations, a business group reported Tuesday.
The report by the American Chamber of Commerce in China sounded a note of caution amid optimistic official statements about possible progress toward settling a U.S.-Chinese tariff war.
Companies ranked "bilateral tensions" as a top challenge alongside chronic frustrations with rising costs and vague laws and enforcement in the state-dominated economy, the chamber said.
Some 37 percent of 314 companies that responded to a survey in November and December expect relations to deteriorate, more than double 2017's level of 16 percent, the chamber said. Another 37 percent expect relations to stay at their current fraught level.
The report added to signs of the growing long-term impact of the battle over Beijing's technology ambitions.
President Donald Trump announced he would postpone a March 1 deadline for another tariff hike on Chinese imports after the two governments reported "substantial progress" in weekend talks. Both Trump acknowledged many of their disputes were too complex to be resolved soon.
In a report written ahead of Sunday's announcement, the chamber cautioned tensions are "increasingly driven by fundamental differences" between the two economic systems.
"A growing number of companies are hedging their bets," the report said. It said nearly one-quarter of those surveyed were postponing investments or moving supply their supply chains to avoid the impact of possible tariff increases.
China is a "high priority" for most companies but many "appear to be tempering their investment plans," the report said. It said they cite stronger competition from Chinese rivals, rising costs and pressure on profits.
UBS reported in January that 37 percent of 200 manufacturers surveyed by the bank have shifted out of China over the past 12 months. The threat of U.S. tariff hikes was the "dominating factor" for nearly half, while others moved because of higher costs or tighter environmental regulation.
The American chamber's European counterpart has reported similar unease among its members and reluctance to invest.
"Survey results suggest that we are yet to see the full impact of the tariffs," said the American chamber report.
Companies also cited frustration with Chinese market restrictions and regulation.
Three-quarters of companies in technology and other research-based industries said market restrictions hamper their operations, the chamber said. It almost half of companies surveyed believe Chinese policies are enforced differently against foreign and domestic competitors.
Dhaka, Feb 25 (UNB)- Robishop, a premiere ecommerce site, has introduced exclusive brand watches for both Men and Women.
Exclusive watches of famous brands, like, Fossil, Armaani, Tommy Hilfiger, Daniel Klein, MK, SKAGEN, POLO, DKNY are now available at robishop, said a press release issued on Monday.
Customers can purchase these watches with 10 percent flat discount till February.
The watches can be purchased using EMI facility for up to six months.