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Bangladesh Chamber of Commerce & Industry Hong Kong
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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.

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

A Hong Kong court has remanded a former university professor in custody pending sentencing for accepting a HK$40,000 (US$5,109) bribe and offering red packets to two colleagues to help a student gain admission to a postgraduate programme last year. Kwun Tong Court heard on Wednesday that Liu Hongbin, 63, abused his authority as chair professor at the Hong Kong University of Science and Technology’s (HKUST) department of ocean science to help a mainland Chinese student majoring in automotive [...]

The authority managing Hong Kong International Airport has taken over the retail operations of 11 Skies from New World Development ahead of the opening of Terminal 2, the South China Morning Post has learned. Multiple sources said the Airport Authority had assumed control of key components of the 2.66 million sq ft retail and dining space, representing 70 per cent of the entire project. But it remains unclear whether the authority has also taken over the rest of 570,000 sq ft of experiential [...]

As the early summer season approaches after weeks of heavy rain, reports of “flying ants” have emerged across Hong Kong, sparking concerns that the insects could cause a nuisance and even damage homes. Social media users also shared photos of the insects circling street lights in the evening or of their carcasses scattered across toilet sinks, with some questioning whether they are in fact termites. The South China Morning Post looks into these flying insects and how to prevent termites from [...]

Budget carrier HK Express will cut its fuel surcharge on flights departing Hong Kong to overseas destinations by 12.8 per cent from May 16, reducing the fee by HK$50 (US$6.38) to HK$339 per leg, the airline has said. The reduction, revealed on its website on Wednesday, excludes mainland China routes, and follows lower fuel prices amid the Middle East war. The budget carrier of Hong Kong’s Cathay Pacific Airways also said the surcharge for inbound medium-haul journeys, such as those departing [...]

Hong Kong’s labour minister has dismissed calls to review the city’s immigration scheme for non-local graduates or tighten talent scheme requirements, despite a sharp decline in entry-level roles, arguing that the workforce is shrinking and the number of local degree holders is insufficient to meet demand. Secretary for Labour and Welfare Chris Sun Yuk-han also said the Employees Retraining Board, which will be rebranded as “Upskill Hong Kong” later this year, could adopt a new focus to help [...]

Henderson Land Development secured the first biodiversity loan in Hong Kong, receiving around HK$100 million (US$12.8 million) from HSBC and Hang Seng Bank for green initiatives at Central Yards, the company’s flagship mixed-use development on the New Central Harbourfront. This loan would provide a “scalable blueprint” for companies to achieve their sustainability goals and enhance Hong Kong’s position as a leading international sustainable finance centre, according to the two banks. The [...]

A 10-year-old girl has told a Hong Kong court that a domestic helper inappropriately touched her when waking her up one morning. Standing trial at Kowloon City Court on Wednesday, helper Lady Jay Santos Flores denied four counts of indecent assault for allegedly molesting the daughters of her former employer in the family’s home between May and June last year. The younger daughter, who was not named in court and testified via video conference, said the 45-year-old helper came to her room on the [...]

A woman was killed, and another badly injured, after a 70-year-old Hong Kong taxi driver lost control of his vehicle and drove onto a pavement in Ngau Tau Kok on Wednesday, police said. Police said the cabbie and his two passengers were also hurt when the taxi veered onto a pedestrian walkway at about 1.50pm on Choi Ha Road near Chun Wah Road before crashing into a concrete flower planter in a nearby sitting-out area. A source said officers suspected the driver could not stop the taxi in time [...]

Hong Kong customs officers have arrested three people in a months-long operation against a money laundering and illicit goods syndicate that led to the discovery of about 2.2 million untaxed cigarettes and HK$11.3 million (US$1.4 million) in alleged criminal proceeds. The Customs and Excise Department said on Wednesday that officers raided five residential flats a day earlier, arresting two men, aged 31 and 37, and a 35-year-old woman on suspicion of money laundering. The department said an [...]

Guy Bradley has assumed the role of chairman of Hong Kong flag carrier Cathay Pacific Airways and Swire Coca-Cola, succeeding Patrick Healy, who will retire from the group after more than three decades of service. Bradley, 60, is also chairman of Swire Pacific, John Swire & Sons (HK) and Swire Properties. He was appointed chairman of the conglomerate’s airline and bottling operations last December. He previously said that, as chair of the Cathay Group, he would focus on enhancing the company’s [...]

Bangladesh Business News

US inflation surged to 3.8% in April — the highest level in three years — as the Iran war sharply pushed up global energy prices, exposing how geopolitical shocks are again feeding into inflationary pressures worldwide. [...]

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. [...]

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 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). [...]

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