Virtual Celebration of Malaysia’s 63rd Independence Day

Please find the details to join the auspicious event below:

Topic: Virtual Celebration of Malaysia’s 63rd Independence Day

Time: Aug 31, 2020 03:00 PM Dhaka

To Join Zoom Meeting, please click on the below link:
https://us02web.zoom.us/j/2611942002

Meeting ID: 261 194 2002 (No Password Required)

Thank You

BMCCI Web Talk Series: Session 8

You are cordially invited to attend to the BMCCI Web Talk Series: Session 8: Pandemic and Banking in Bangladesh

Date and Time: 25th July 2020, Saturday, 04:00 PM, Bangladesh Time

Speaker for the session:
Syed Mahbubur Rahman
Managing Director & CEO
Mutual Trust Bank Limited (MTB)

Please join by scanning the QR code or using the below link:
https://us02web.zoom.us/j/2611942002

Meeting ID: 261 194 2002 (No Password Required)

BMCCI Web Talk Series: Session 7

You are cordially invited to attend to the BMCCI Web Talk Series: Session 7: RMG INDUSTRY PRE COVID AND POST COVID

Date and Time: 18th July 2020, 04:00 PM, Bangladesh Time

Speaker for the session:
Faisal Samad
Senior Vice President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA)
Managing Director, Savartex Group

Special Guest:
Mohammad Khalil Ibrahim
Minister Counsellor
High Commission of Malaysia, Dhaka

Please join by scanning the QR code or using the below link:
https://us02web.zoom.us/j/2611942002

Meeting ID: 261 194 2002 (No Password Required)

BMCCI Web Talk Series: Session 6

You are cordially invited to attend to the BMCCI Web Talk Series: Session 6: Following the COVID-19 Pandemic: Challenges and Opportunities for Entrepreneurship

Date and Time: 4th July 2020, 04:00 PM, Bangladesh Time

Speaker for the session:
Manwar Hossain
Group Managing Director
Anwar Group of Industries
Chairman
Bangladesh Steel Manufacturers’ Association (BSMA)

Special Guest:
His Excellency Amir Farid Dato’ Abu Hasan
Acting High Commissioner
High Commission of Malaysia, Dhaka

Please join by scanning the QR code or using the below link:
https://us02web.zoom.us/j/2611942002

Meeting ID: 261 194 2002 (No Password Required)

BMCCI Web Talk Series, Session 5

You are cordially invited to attend to the BMCCI Web Talk Series, Session 5,Powered by Robi:
Covid-19 Impact on Recruitment Sector And Our National Economy

Date and Time: 27th June 2020, 04:00 PM, Bangladesh Time

Speaker for the session:
Shameem Ahmed Chowdhury Noman
Secretary General
Bangladesh Association of International Recruiting Agencies (BAIRA)

Special Guest:
His Excellency Amir Farid Dato’ Abu Hasan
Acting High Commissioner
High Commission of Malaysia, Dhaka

Please join by scanning the QR code or using the below link:
https://us02web.zoom.us/j/2611942002

Meeting ID: 261 194 2002 (No Password Required)

BMCCI Web Talk Series, Session 4

You are cordially invited to attend to the BMCCI Web Talk Series, Session 4, Powered by Robi:
Legal Aspects of Covid-19 : Business Impact
Date and Time:
20th June 2020, 04:00 PM, Bangladesh Time
Speaker for the session:
Tanjib-ul Alam
LL.B (London), Barrister
Head of Chamber
Tanjib Alam and Associates
Special Guest:
His Excellency Amir Farid Dato’ Abu Hasan
Acting High Commissioner
High Commission of Malaysia, Dhaka
Please join by scanning the QR code or using the below link:
https://us02web.zoom.us/j/2611942002
Meeting ID: 261 194 2002 (No Password Required)

BMCCI Web Talk Series, Session 2: Effects of COVID-19 on Business vis-à-vis New Opportunities

You are cordially invited to attend to the BMCCI Web Talk Series, Session 2:
Effects of COVID-19 on Business vis-à-vis New Opportunities

Date and Time: 6th June 2020, 04:00 PM, Bangladesh Time

Speaker for the session:
Syed Almas Kabir
President, BASIS
Director, FBCCI
Immediate-Past Vice President, BMCCI

Please join by scanning the QR code or using the below link:
https://us02web.zoom.us/j/2611942002

Meeting ID: 261 194 2002

Bangladesh PM announces Tk 72,750cr COVID-19 stimulus package

Prime minister Sheikh Hasina on Sunday announced a special incentive package of Tk 72,750 crore to face the economic losses of the novel coronavirus pandemic in Bangladesh.

Addressing a press conference at her official residence Ganabhaban, the prime minister announced the incentive package for industries, small and medium-sized enterprises, export development fund and pre-shipment credit.

She also said that banks would provide Tk 20,000 crore loans to small and medium enterprises on nine per cent interest. Of the interest, the industries will pay 4 per cent and the government will pay the rest 5 per cent.

‘The four programmes are: increasing public expenditure, formulating a stimulus package, widening social safety net coverage and increasing monetary supply,’ she said.

The amount is nearly 2.52 per cent of GDP.

She announced the rest amount for export development fund and pre-shipment credit.

Two more people died of COVID-19 and nine more tested positive for the novel coronavirus in Bangladesh on Saturday.

With the latest figures, the government has so far reported eight deaths and 70 infections.

“Empowered Wanita” – BMCCI inclines for guaranteeing a gender equivalent world

Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI) has organized international women’s day celebration program, “Empowered Wanita- Celebration for Women in Lead” at its office premises on 10th March, 2020. The celebration included the presence of women leaders from different professions.

Madam Nordiana Bin Zawawi, spouse of H. E. Amir Farid Dato’ Abu Hasan graced the occasion as the Guest of Honor. She said, international Women’s Day is a time to celebrate and reflect on progress made and also to recommit addressing persistent barriers to gender equality and women’s empowerment.

Welcoming the guests present the BMCCI president Raquib Mohammad Fakhrul (Rocky) said, together we want to mobilize to end gender-based violence; we are calling for economic justice and rights for all; we want technology and innovation for gender equality; and feminist leadership. He mentioned that women should be equipped with higher education & training to get more formal jobs and becoming entrepreneurs. He also emphasized that the female RMG workers should be up skilled and reskilled for the overall development of the country.

H.E. the acting High Commissioner made a very lively speech on the theme of this year’s celebration. He briefly illustrated the progress of empowerment of women in Bangladesh, Malaysia and around the globe. He emphasized on the Gender Equality campaigns which are bringing together people of every gender, age, ethnicity, race, religion and country, to drive actions and those will create the gender-equal world that we all deserve.

Among others Syed Nurul Islam, Past President, BMCCI, Farzana Chowdhury, Director, BMCCI, Lipi Khondokar, Director, Bangladesh Women Chamber of Commerce and Industry, Ayesha Iqbal Dada, Managing Director, Haji Ahmad Brothers Securities Ltd. and Nordiana Bin Zawawi spoke on the occasion.

Beside the participation of leading women entrepreneurs, BMCCI past presidents, directors, members, business leaders, media personalities, and journalists took part in the occasion. The program was followed by a melodious musical performance by K. M. Mijanur Rahman, Director of BMCCI.

“Tuesday” luncheon meeting held on 25th February, 2020 as a pre-celebration of Women’s Day with female entrepreneurs and professionals from different sectors

Our President Raquib Mohammed Fakhrul (Rocky) had today’s luncheon meeting held as a pre-celebration of Women’s Day with female entrepreneurs and professionals from different sectors. Today’s Honourable Guests were : Lipi Khandker, Managing Director, Bibiana, Tasnuva Ahmed, Head of Operations, Colors FM, Khadiza Akter, Executive Management Assistant- Resource Management Unit, International Organization for Migration, Hanium Maria, Owner & Designer, Tahoor, Tamanna Maqsood Porna, Researcher, Mc.Gill University, Farzana Hossain, Barrister. Our Honourable Director Mr. K. M Mijanur Rahman, Managing Director, Maria Food Products Ltd. Was also present there. They kept one minute Silence in condolence and memories of the Martyrs of BDR Mutiny before starting the program.

20th February, 2020 “Luncheon Meeting”

20th February, 2020 “Luncheon Meeting” had participation by SK. Bashir Ahmed Mamun, Managing Director of GSA Malaysian Airlines, Vice-Chairman, Sheltech Group, President, Bangladesh Gymnastics Federation (BGF), Vice President, Bangladesh Olympic Association (BOA) , Ahmed Reza Amin Chowdhury, Chairman, ARAC Polywrap Ltd., ARAC Builders Ltd., SARAC Overseas and Zubair Hossain, CFO, Director Administration, ARAC Polywrap Ltd.
President of BMCCI, Raquib Mohammad Fakhrul (Rocky) had an informative conversation among the Participants on expanding the area of opportunities of bilateral Business in between Bangladesh and Malaysia.

Luncheon meeting with businessman from different avenues of business

11th February, 2019 “TUESDAY” luncheon meeting has been participated by Mr. Rubel Aziz, Managing Director, Partex Group and Chairman, Executive Committee, The City Bank Ltd., Mr. Zahir Ahmed, Managing Director, Metro Group and Director Le Méridien Dhaka, Mr. Rafiqul Alam, President & CEO, RAMS Fashion & Embroidery, Mr. S.M. Zahed Hossain, Chief Operating Officer, Haji Ahmed Brothers Securities Ltd., Mr. Makin-Ur-Rashid (Rossi), Director, VOICETEL and Ms. Tripti Barua, General Manager, Corporate Planning & Development, Partex Group.
It was an assembly among businessman from different avenues of business to explore bilateral Trade between Bangladesh and Malaysia.
The meeting was presided over by the President, Raquib Mohammad Fakhrul (Rocky).

Interactive Luncheon Meeting with BGMEA Senior Vice President and BGMEA delegation

Leaders of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) urged to address the hindrances to use the Duty Free Access in Malaysian Market though it has been provided by the Malaysian Govt. few years back.

Leaders of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) and The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) attended a meeting on Tuesday, 4th February, 2020 at Bangladesh-Malaysia Chamber of Commerce and Industry premises to discuss the progress, prospects and future challenges of RMG industry in Malaysia and Bangladesh.

The BMCCI President Raquib Mohammad Fakhrul (Rocky) emphasized on the promotion of our non-traditional products and native products like batik shirts. He also emphasized on the relocation of Malaysian sun set industries in Bangladeshi economic zone.

In the meeting, Mr. Faisal Samad, Acting President of BGMEA emphasized on the importance of signing FTA with Malaysia. He mentioned Showcase Bangladesh is a platform to explore Bangladeshi products and services, particularly in garments. He assured BGMEA’s support and cooperation to extend garments market in Malaysia. BMCCI past President Syed Nurul Islam thanked BGMEA Acting President for his intend to support BMCCI to explore market as earlier. He added, now a days Bangladesh is capable of producing high quality and value added products. He urged to start proceedings about anti dumping certificate.

Among others, Chairman, BGMEA Standing Committee on Market Development-Non Traditional and Deputy Managing Direcrtor of Rumana Fashion Ltd. Ms. Rumana Rashid, BGMEA Vice President(Finance) and Vice Chairman of DBL Group M.A. Rahim (Feroz), BGMEA Additional Secretary (Trade Promotion) Nur Mohammad Amin Rasel, BMCCI Hon.Treasurer, Syed Moinuddin Ahmed, BMCCI immediate past President Syed Moazzam Hossain, Hon. Jt. Secretary General Dato’ Goonahlam Subramaniam, Director K. M. Mijanur Rahman, Director Mahbub Alam Shah, Director Sifat Ahmed Chaudhuri, BMCCI Member Mr. Md. Mojaher Uddin Chowdhury, Member Mr. Md. Rezaul Ahasan, some renowned businessmen from the textile sector and journalists were also present in the meeting.

Interactive Luncheon Meeting with prominent business professional held on 28th January, 2020

Mr. Nazim Farhan Choudhury, Managing Director of ADCOMM, Mr. Mike Kazi, CEO of Kazi IT Center Ltd., Mr. Tanvir Khan, Managing Director of J.K. Fabrics Ltd., Ms. Zareen Mahmud Hosein, Partner of Snehasish Mahmud & Co. and Mr. A. R. Humayun Khan, Chairman of Empire had an interactive luncheon meeting with Mr. Raquib Muhammad Fakhrul (Rocky), President and Mr. Mahbubul Alam, Hon. Secretary General today at the Conference Room of BMCCI.
Among others BMCCI members Mr. Delwar H Dulal, CEO of Pranjali Textile, Mr. Md. Zahirul Alam Bhuiyan, Chief Executive Officer of Discovery Tours and Logistic Ltd., and Mr. Md. Rezaul Ahasan, Director of The Ittefaq attended the program.

Interactive Workshop on Strategic Plan for BMCCI held on 25th January, 2020

At the presence of Mr. Raquib Mohammad Fakhrul (Rocky), President, Mr. Mahbubul Alam, Hon. Secretary General and Members from the Board of Directors,
Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) organized a day long Interactive Workshop on Strategic Plan for BMCCI today. The main Outline of the Workshop was:

Assessing the Present: Understanding Current Conditions of BMCCI and enhancing the scope for member services.

Taking Measures: Data Points and Choosing What’s Important to Monitor.

Confirming Mission, Vision, and Values of BMCCI: Deciding True North.

From Here to There: Creating the Plan

What If?: Scenario Planning

What’s Next: Confirming the Plan and Ensuring Effective Execution

The workshop was facilitated by world renowned consultant Mr. John Dalton, President, Future Leaders, LLC (USA) Expert Policy Adviser and Management Consultant and Mr. Quazi M. Ahmed, Lead Consultant and CEO, Future Leaders.

Interaction Meeting with Malaysian Business Professionals in Bangladesh held on 21st January, 2020

At the presence of acting Malaysian High Commissioner H. E. Mr. Amir Farid Abu Hasan, Mr. Raquib Mohammad Fakhrul (Rocky), President, Mr. Mahbubul Alam, Hon. Secretary General and some Members from the Board of Directors,
Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) and The High Commission of Malaysia had a joint meeting with some of the sector wise participating Malaysian companies based in Bangladesh at the BMCCI Headquarters on 21st January, 2020. The meeting discussed on finding ways to assist Malaysian companies and investments in Bangladesh and vice versa…

RAQUIB MOHAMMAD FAKHRUL ELECTED PRESIDENT OF BMCCI

Raquib Mohammad Fakhrul (Rocky), Chairman of Ayurvedia Pharmacy (Dacca) Ltd. and Mahbubul Alam, Director & Chief Operating Officer of Quasem Food Products Limited have been elected as President and Hon. Secretary General respectively of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) for the term 2020-2021 in the 18th Annual General Meeting (AGM) held on Saturday 28th December, 2019.

Md. Anwar Shahid, Managing Director of Shimex International Ltd. and Mahtab Uddin Ahmed, Managing Director & CEO  of Robi Axiata Limited  as Vice Presidents, Dato’ Goonahlam Subramaniam, Director of K-Link International Bangladesh Pvt. Ltd. and Syed Moinuddin Ahmed, In-Charge of GD Assist Ltd. have been elected as 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., Rubaiyat Ahsan, Managing Director of ALLIANT Limited, Ln. Mohammad Ershad Hussain Rana, Chairman & CEO of Dawn Trading International, Farzana Chowdhury, Director of Nascom (Pvt) Ltd., A. K. M. Shamsuzzaman, Proprietor of Green Traders, Engr. Md. Mehedi Hasan, Managing Director of Lecture Publications Ltd., Mahbub Alam Shah, Executive Director of SMH New Generation Apparels Ltd., Md. Motaher Hoshan Khan, Director of Bengal Technological Corporation Ltd., Sifat Ahmed Chaudhuri, Director Finance of Krishibid Firm Limited.

Prospect of KL job market reopening hits a snag

The prospect of reopening Malaysian job market for Bangladeshi workers this year has become uncertain following the postponement of a meeting of the joint working group.

The meeting was scheduled for November 24-25.

There were high hopes among the government high-ups and stakeholders that the meeting would have led to the signing of a Memorandum of Understanding (MoU) between the two countries on the reopening of the labour market, which remained closed since September 2018.

“We are yet to get any information about a new date for the working group meeting. We hope that the meeting will be held soon,” Expatriate Welfare and Overseas Employment Minister Imran Ahmed told the FE on Sunday.

According to official sources, the Malaysian government is yet to approve the draft of the MoU. Besides, there are other complications such as present political situation in Malaysia. There is a rumour of a cabinet reshuffle in that country.

“And there might be a change in the human resources ministry, the custodian of the Malaysian job market. So, we cannot say anything about the developments right now,” said a senior official who declined to be named.

After his visit to Malaysia last Month, Mr Imran said he was hopeful that the Malaysian government would take a positive decision after the joint working group meeting.

Referring to his meeting with Malaysian Prime Minister Mahathir Mohamad and Human Resource Minister M Kulasegaran, the Bangladesh minister said the Malaysian government agreed to reopen the country’s labour market for Bangladeshis at the earliest possible time.

In July last, after a meeting with his Malaysian counterpart Saifuddin Abdullah in Dhaka, Foreign Minister Dr AK Abdul Momen said he was optimistic that manpower export to Malaysia would resume in August 2019, as Kuala Lumpur is working on a “comprehensive understanding” to recruit Bangladeshi workers afresh.

But Amir bin Omar, secretary general of Malaysia’s Human Resources Ministry, recently told the media that the tentative plan to sign a deal was postponed because the details of the deal had yet to be settled.

He said the ministry has also decided that it wants the full Malaysian cabinet to approve the deal before the two countries meet, rather than after, but still expects that it will be signed by early December, according to a report of the Voice of America.

“We are talking about who has to [pay], the employer or the employee, how much; that is the thing we need to discuss in detail,” Omar added.

He said migrant workers would very likely still have to cover some of the costs, such as their travel. But he added that Malaysia was intent on taking most of the financial burden off their backs and to open up the recruitment process to more agencies.

“We want to leave it open to the market, but that is subject to our discussions with Bangladesh,” Omar said.

Malaysia stopped allowing Bangladeshi migrant workers into the country last year in the face of huge criticism that a syndicate of 10 recruitment agencies were allowed to send workers from Bangladesh to Malaysia.

It was alleged by the rights groups that the migration cost shot up to nearly Tk 500,000 for a Bangladeshi worker due to the syndication while the actual cost was not more than Tk 200,000.

The syndicate was accused of making reckless profit through bribing a section of officials of the previous government of Malaysia led by then prime minister Najib Razzak.

Last month, officials of the Bangladesh Association of International Recruiting Agencies (BAIRA) met the Expatriate Welfare and Overseas Employment minister and urged him to ensure that the labour market remains open to all its 1,200 members.

Many BAIRA leaders told this correspondent that the syndicate has again launched its efforts to create a monopoly market for them.

“The United States banned imports from Malaysian rubber gloves maker WRP Asia Pacific in October over suspicion that its factories were using forced labour, and other factories in the country were at risk of similar sanctions,” according to a recent VoA report.