A seminar on “Legal and Regulatory Compliance for Companies” was held at the secretariat of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) on Sunday. The BMCCI organised its 9th LegalTalk seminar where Barrister Syed Afzal Hassan Uddin, Managing Partner, and Barrister Nazia Kabir, Partner, Syed Ishtiaq Ahmed & Associates elaborated on the topics, said a press release. 7th Digital Marketing Award honours 139 outstanding digital campaigns BMCCI’s Senior Vice President Shabbir Ahmed Khan said the seminar was organised to provide valuable insights and information on all kinds of company compliances that may affect your business, as well as strategies to optimise your business planning. Barrister Syed Afzal Hassan Uddin, Managing Partner, Syed Ishtiaq Ahmed & Associates, clearly mentioned how the business environment came over so well despite the bitter past in policy and overall business situation. At the same time, other companies that have invested in Bangladesh are dissuaded by their past bitter experiences. BERC chief visits Omera’s LPG terminal, ship in Mongla He also discussed various guidelines on legal and regulatory compliance for companies—a crucial aspect of business operations. The participants got to know about compliance with corporate laws, employment laws, tax regulations, data protection laws, and more. Non-compliance can result in legal penalties, reputational damage, and financial losses. The participants marked this enterprise as an eye-opening and far-reaching initiative. Evolving global order brings risks and opportunities for Bangladesh, economist Wahiduddin tells BIDS Conference Senior Vice President Shabbir Ahmed Khan and the guest speaker distributed the certificates among the participants for their active participation in the seminar.

The Board of Directors of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI), led by President Syed Almas Kabir, meet with Deputy Governor Kazi Sayedur Rahman of the Bangladesh Bank to discuss key issues affecting the Bangladesh and Malaysian business community. The meeting was attended by Senior Vice President Shabbir Ahmed Khan, Secretary General Md. Motaher Hoshan Khan, and Director Mahbubul Alam Shah. Feni woman receives 200pc cash voucher buying Walton fridge During the meeting, President Syed Almas Kabir shed light on the challenges faced by general clients in cross-border e-commerce refunding. He also emphasized the importance of streamlining the remittance flow through proper banking channels from Malaysia. For effective management of these issues, BMCCI expressed its interest in partnering with Bangladesh Bank to overcome the challenges. Senior Vice President Shabbir Ahmed Khan highlighted the significance of promoting bilateral trade with Malaysia and urged for the implementation of appropriate policies to attract foreign direct investment (FDI). Secretary General Md. Motaher Hoshan Khan addressed the trade gap with Malaysia and emphasized the need to address policies that restrict export volumes. Islami Bank holds Shari’ah Compliance discussion in Banking Operations In response, Deputy Governor Kazi Sayedur Rahman expressed gratitude to the BMCCI delegation for raising these important issues. He requested the chamber to provide pinpointed proposals for review, assuring them that the Bangladesh Bank will handle these matters with utmost importance. The Deputy Governor also emphasized the importance of attracting remittance by providing services such as mobile applications for ease of money transfers, rather than relying solely on incentives. He urged BMCCI to focus on increasing export volumes and diversifying the exportable product to minimize the trade gap effectively. What to Wear for a Job Interview At the end of the meeting, BMCCI delegates echoed their promises to remain committed for fostering a business-friendly environment and enhancing economic cooperation between Bangladesh and Malaysia. The chamber will continue to work closely with Bangladesh Bank to address the challenges faced by businesses and promote bilateral trade growth.

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) has hosted delegates from the MATRADE Export Acceleration Mission on Monday at the BMCCI secretariat. The 20-member delegation was led by Trade Commissioner of MATRADE CHENNAI Wan Ahmad Tarmizi Wan Idris, according to a press release. Global energy transition offers opportunity for boosting growth in South Asia: World Bank  BMCCI President Syed Almas Kabir, Senior Vice President Shabbir Ahmed Khan, Vice President Jamilur Rahman, among others, welcomed the delegates upon their arrival, it said. Malaysian High Commissioner to Bangladesh,  Haznah Md Hashim was present as guest of honour on the occasion. FICCI's 60 Years Celebration & Investment Expo 2023 rescheduled on Nov 19 Almas gave the welcome address, highlighting the trade and investment opportunities that exist in Bangladesh. His presentation shed light on the potential for mutual growth and collaboration between the two nations, said the release. Huawei announces business results for the first three Quarters of 2023 The visit of the MATRADE Export Acceleration Mission to the BMCCI Secretariat serves as a testament to the commitment of both Malaysia and Bangladesh towards fostering stronger economic ties, it also said.

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) recently organised a river cruise for its members and stakeholders on the River Shitalakshya in Narayanganj's Rupganj upazila. The chief patron of the BMCCI and Malaysian High Commissioner Haznah Md Hashim, Vietnamese Ambassador Pham Viet Chien, and Singapore Consul Sheela Pillai joined the cruise. They visited the riverine communities of Zamdani Palli. The members also explored Islamic art and architecture at the historic Murapara Zamindar Bari. Also, live music, games, and a raffle draw kept the participant entertained throughout the journey.

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) Saturday organised its 6th LegalTalk seminar on doing business in Bangladesh Barrister Nihad Kabir, senior partner at Syed Ishtiaq Ahmed and Associates, discussed the relevant legal issues and guidelines on several policies that make doing business easier in Bangladesh. BMCCI Senior Vice-President Shabbir Ahmed Khan said the seminar was organised for those who want to understand the law that corresponds with doing business in Bangladesh. The participants got to know about the Competition Act, dispute resolution, and other issues like company law, Foreign Exchange Regulation Act, and technical know-how related to doing business in Bangladesh. Read more: 5th BMCCI LegalTalk seminar on tax law, foreign investment held  

Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) Monday inked a memorandum of understanding (MoU) with the Malay Chamber of Commerce Malaysia (DPMM) to enhance trade and investment ties with Malaysia. BMCCI President Syed Almas Kabir and DPMM President Abd Halim Bin Husin signed the agreement in Dhaka. Almas Kabir hoped that the deal would play a vital role in elevating the trade and investment relationship between Bangladesh and Malaysia. "The bilateral trade ties has been expanding in recent years." BMCCI is always trying to enhance collaboration between its members and Malaysian business communities, which helps them know each other and expand trade ties, he added. Abd Halim, also a vice-president of the National Chambers of Commerce and Industry of Malaysia, expressed his satisfaction with the overall trade and investment situation of Bangladesh and hoped that the existing ties would get stronger in future. Read: Syed Almas Kabir elected BMCCI president He arrived in Bangladesh along with a business delegation to participate in the D-8 Chambers of Commerce (D-8 CCI) summit. BMCCI Vice-President Shabbir Ahmed Khan, Joint Secretary General Rubaiyat Ahsan; directors Sifat Ahmed Chaudhuri, and Md Mamunur Rahman were also present at the meeting.

Syed Almas Kabir, Chief Executive Officer of MetroNet Bangladesh Limited and Md. Motaher Hoshan Khan, Director of Bengal Technological Corporation Ltd. have been elected President and Hon. Secretary General respectively of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) for the term 2022 & 2023. They were elected at the 20th Annual General Meeting (AGM) held on Sunday, BMCCI said in a media release on Monday. Shabbir Ahmed Khan, CEO of Khan & Deen Traders and M Riyaaz Rasheed, acting CEO of Robi Axiata Limited, have been elected Vice Presidents. Also read: FBCCI seeks to extend loans moratorium facility until June 2022 Rubaiyat Ahsan, Managing Director of ALLIANT Limited and Syed Moinuddin Ahmed, Managing Director of GD Assist Ltd. have been elected Hon. Joint Secretary General and Hon. Treasurer respectively for the same period. The other elected Directors are K. M. Mijanur Rahman, Managing Director of Maria Food Products Ltd., Jamilur Rahman, Managing Director of Extol (Bangladesh) Ltd., Mahbub Alam Shah, Executive Director of SMH New Generation Apparels Ltd., Sifat Ahmed Chaudhuri, Director of Wingspeed Propellers Ltd., A.F.M. Asif, CEO of Bengal Meat Processing Industries Ltd., Dr. Lokiat Ullah, Executive Director of BIOPHARMA Limited, Md. Mamunur Rahman, CEO of EXPOPRO, Syed A Habib, Chairman of iPeople Limited, Zulfikar Ali, Chairman of Ezzy Services and resources Management Ltd., and Kazi Shah Muzakker Ahmadul Hoque, Managing Director of Infra Construction & Engineering Ltd. Also read: FBCCI showcases strength of Bangladesh economy

Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) will celebrate its 20th anniversary on December 13 in conjunction with the historic celebration of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the Golden Jubilee of the Independence of Bangladesh. The “BMCCI 20th Years Anniversary Celebration” flagship event will highlight attractive trade and investment opportunities in Bangladesh. Considering the current global economic trends, bilateral trade and investment between two such close Asian neighbours carry more national and regional importance than ever, said the BMCCI leaders. Also read: BMCCI pushes for salvaging RMG industry In addition to the 20 years celebration, the programme will explore key trade and investment opportunities that exist for Bangladesh in particular from its Malaysian counterpart. BMCCI President Raquib Mohammad Fakhrul (Rocky); and BASIS President and Chairman of organizing committee of the “BMCCI 20 Years Anniversary Celebration” Syed Almas Kabir briefed the media on Saturday highlighting the upcoming event. Directors of the BMCCI were present. BMCCI President Raquib said Bangladesh is one of the fastest-growing countries in terms of economic growth and Malaysia being the sixth largest importing country of the world with a positive balance of payment has immense potential. “We need to explore the potential considering the present economic scenario and could be ensured through establishing a bilateral alliance,” he said. Also read: BMCCI president Hoque re-elected REMA Trust Chairman The BMCCI chief said the Chamber represents a milestone in the evolution of Bangladeshi interests in Malaysia and Malaysian investments in Bangladesh and vice versa, which is foundational in the bilateral relations. He also said he feels the Chamber will expand trade and economic interaction for the benefit of not only Bangladesh and Malaysia but also of its trade partners. “Most importantly, it will help grow our influence as an economic base in the South East Asian markets in the regional context.” Syed Almas Kabir said the objective of the celebration is to Facilitate and promote business opportunities for South-East Asia businesses and BMCCI members; provide a forum for networking, mentoring, and consultation for South-East Asia businesses and BMCCI members growth; bringing unity of South-East Asia business owners. He said the event promote products and services of both Bangladesh and Malaysian corporations and BMCCI members that support the advancement of South-East Asia Pacific. Syed Almas Kabir also briefed the press about the programme details of the event and mentioned that Speaker Dr Shirin Sharmin Chaudhury will attend the programme as the chief guest. The press conference started with one-minute silence in honour of the founding President of BMCCI AKM Shahidul Islam.

Prime Minister's Private Industry and Investment Adviser Salman F. Rahman has highly encouraged the introduction of Sukuk Bond in Bangladesh market as a new investment equipment.

A Memorandum of Understanding (MoU) has been filed to bridge the gap between the ICT Industries of Bangladesh and Malaysia to explore and develop the opportunities on Saturday.