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Welcome to Bangladesh Chamber of Commerce & Industry Hong Kong

BCCIHK is a not for profit membership organisation which utilises membership fees and other income to provide support and resources to businesses and institutions across Hong Kong and China that wish to trade with Bangladesh. BCCIHK has a dedicated Board of volunteer Directors and a small team of officers who have worked hard to make BCCIHK a successful brand in supporting the business community and therefore the wider community.

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10 Mega Projects

Padma Bridge Dhaka Metro Rail Rooppur Nuclear Power Plant Padma Rail Link Project Chattogram - Cox's Bazar Rail Line Matarbari Coal Power Plant Matarbari Coal Power Plant Sonadia Deep Sea Port LNG Terminal megaproject 01 1 megaproject 02 1 megaproject 03 1 megaproject 04 1 megaproject 05 2 megaproject 06 1 megaproject 08 1 megaproject 09 1 megaproject 10

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South China Morning Post

‘Art of the deal’: UK telecoms exit fits Li family’s trademark timing for selling at top

CK Hutchison Holdings’ shares climbed to their highest level since 2020 after the conglomerate announced plans to exit the UK mobile market, signalling that investors believe the Li family may once again have timed an industry peak before the broader market. Shares rose about 12 per cent to HK$73.30 on Monday from the May 5 close, after the company said it would sell its 49 per cent stake in VodafoneThree for US$5.8 billion. CK Hutchison said the disposal was expected to generate a gain of about [...]

Hong Kong braces for typhoon season with 50,000 sandbags, flood barriers

Hong Kong authorities have prepared 50,000 sandbags and several sets of water-filled flood barriers to brace for the coming typhoon season, while enhancement works at the high-risk Tseung Kwan O promenade are set to be completed by the end of this year. The Civil Engineering and Development Department on Monday also introduced new guidelines on shoreline management for communities, property managers and businesses operating near the coastal areas. The guidelines include simple infographics on [...]

No hotpot: Hong Kong dog-friendly restaurants face menu and layout limits

Hong Kong restaurants applying for a licence that allows dogs will have to remove any hotpot from their menus and change their layout to comply with new regulations aimed at ensuring food and pet safety. The Food and Environmental Hygiene Department (FEHD) also said on Monday that officers would patrol the premises every day in the first month to inspect and understand their operations, provide advice and ensure compliance with permit conditions. The department held the first in a series of [...]

Hong Kong firm eyes untapped market with launch of tailor-made electric minibus

A Hong Kong electric commercial vehicle solutions company has teamed up with a mainland Chinese manufacturer to launch an electric minibus tailored for the city’s roads, with the government set to stop registering new fossil-fuel commercial vehicles in 2035. Home-grown Wai Lik New Energy unveiled five new electric models on Monday, with founder Ng Chi-wai saying the vehicles were engineered specifically for the city’s narrow streets and steep gradients. The models included minibuses, buses and a [...]

Ferry passengers stranded over an hour after vessel hits typhoon shelter barrier

An outlying island ferry struck a barrier at a typhoon shelter in Hong Kong shortly after midnight on Monday, with passengers recalling being jolted and struggling to retrieve life jackets as they were stranded on the vessel for more than an hour. The small crowd was returning home on Mother’s Day on Sunday and caught the last ferry to Mui Wo at 12.30am the next day from Central ferry pier No 6. But about 25 minutes later at 12.55am, the First Ferry VI vessel crashed into the Hei Ling Chau [...]

Hong Kong urged to expand role in national medical research, breakthroughs

Hong Kong is expected to play a greater role in major national clinical research projects and scientific breakthroughs, a mainland Chinese health official has said, pledging stronger support for local researchers at an annual medical conference. The remarks were made by a National Health Commission official at the Hospital Authority Convention on Monday, where the authority’s chief also vowed to introduce more efficient service pathways and smart hospital initiatives to enhance healthcare [...]

Hong Kong’s Tsim Sha Tsui tops Asia luxury retail rents, but Bond Street world’s priciest

Hong Kong’s Tsim Sha Tsui has retained its title as Asia’s priciest luxury retail strip, commanding £16,160 (US$22,000) per square metre in annual rents, as the city remains among the world’s most active markets in terms of new high-end store openings, according to Savills. London’s Bond Street replaced Tsim Sha Tsui as the top global luxury retail property market with rents of £19,228 per square metre per year, according to the ninth edition of the UK-based property consultancy’s Global Luxury [...]

Hong Kong’s property recovery could be more robust than many think

A wave of bullishness is sweeping through Hong Kong’s real estate market. A report by S&P Global Ratings on May 5 said an “upside surprise” could materialise. One of the catalysts for a stronger-than-expected recovery was evidence of more competitive bids at residential land auctions in recent months. S&P said, “Hong Kong has become the first major city in China whose property market has bottomed. That could attract developers from mainland China looking to secure new projects”. More aggressive [...]

Private sector will be invited to run new elderly care centres for middle class

Hong Kong authorities plan to lease out government-built day care facilities for the elderly to the private sector under a pilot programme aimed at providing more diverse services targeting older middle-class residents. Labour and Welfare Bureau officials said in a Legislative Council panel meeting on Monday that the government would introduce the “publicly built, privately run” model to provide “more diverse and higher quality” elderly care services. Under the plan, the government will invite [...]

The Weeknd reveals dates for Hong Kong concerts at Kai Tak Stadium

Canadian singer-songwriter The Weeknd will perform two concerts at Hong Kong’s Kai Tak Stadium in October as part of the final leg of his “After Hours Til Dawn” world tour, confirming an earlier report by the South China Morning Post. The announcement coincides with K-pop act Babymonster’s reveal on Monday that the girl group will perform in the city on January 9 next year at AsiaWorld-Arena, marking the final leg of a regional tour. The Weeknd revealed on Monday that his Hong Kong shows would [...]

Bangladesh Business News

Banks Allowed to Remit Visa Bonds, Security Deposits for Overseas Travel

The central bank has allowed banks to facilitate remittances for visa bonds and refundable security deposits required by foreign embassies, high commissions and other competent authorities as part of visa processing procedures. [...]

Bangladesh Bank Cuts Trade Finance Cost Ceiling

The central bank has lowered the all-in-cost ceiling on short-term trade finance to benchmark rate plus 3.0 per cent from 4.0 per cent, aiming to align borrowing costs with global market trends. [...]

Bangladesh’s Forex Reserves Stay Above $34b after ACU payment

Bangladesh’s gross foreign exchange (forex) reserves remained above the US$34-billion mark even after settling $1.51 billion in import payment obligations to the member countries of the Asian Clearing Union (ACU). [...]

Bangladesh: Inflation Intensifies in April

Inflationary pressure on Bangladesh’s economy intensified in April, as inflation crossed 9.0 per cent, driven by a sharp rise in both food and non-food prices amid ongoing geopolitical tensions. [...]

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