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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

‘My way or the highway’ is no way to make informed policy for Hong Kong

Hong Kong’s government will launch a consultation exercise on the city’s first five-year plan next month. The plan is set to be released before the end of the year. It’s a monumental task. Lau Siu-kai, a consultant to the semi-official Chinese Association of Hong Kong and Macau Studies think tank and former head of the government’s now-defunct Central Policy Unit, has warned as much, saying: “It took years for local governments on the mainland to master the research and strategic thinking [...]

Hong Kong records 10 tremor reports after magnitude 5.2 quake hits Guangxi

The Hong Kong Observatory received more than 10 reports of a locally felt tremor from a magnitude 5.2 earthquake that struck Guangxi early on Monday. According to the forecaster, the epicentre was located about 550km (342 miles) west-northwest of Hong Kong, with a focal depth of about 10km. “The Observatory received more than 10 locally felt reports of the tremor, which lasted a few seconds,” it said on Monday. “Initial estimates put the local intensity at II (two) on the Modified Mercalli [...]

What’s behind the rise in firings linked to disability discrimination in Hong Kong?

Complaints to Hong Kong’s equality watchdog about firings linked to suspected disability discrimination have more than doubled over the past five years, with concern groups attributing the rise to corporate restructuring and widespread lay-offs amid the economic downturn. The South China Morning Post obtained figures from the Equal Opportunities Commission (EOC) showing that the watchdog received 490 complaints of alleged disability discrimination in the employment field last year, up 72 per [...]

Why set a limit for Hong Kong’s ride-hailing services?

Hong Kong should not limit the number of vehicles licensed to provide ride-hailing services. In particular, every owner of an electric vehicle that complies with the regulations should, in principle, be able to obtain one on demand by paying the required fee. Normal market forces, together with fees and other licensing requirements, will be sufficient to strike the right balance. I have used ride-hailing services a lot recently. Knee replacement surgery has restricted my mobility, and I have a [...]

Hong Kong ramps up health checks for travellers from Africa after Ebola outbreak

Hong Kong has stepped up health screenings for air passengers arriving from Africa as part of a contingency plan to guard against Ebola, after the World Health Organization (WHO) declared an outbreak of the deadly infectious disease on the continent a “public health emergency of international concern”. Local health authorities also said on Sunday that they would strengthen public awareness and education, while stressing that the “immediate health impact of Ebola disease on the local population [...]

Hong Kong’s elite pay tribute to philanthropist Maisy Ho at memorial service

Hundreds of Hongkongers, including prominent business and political figures, have attended a memorial service for Maisy Ho Chiu-ha, the daughter of late Hong Kong and Macau tycoon Stanley Ho Hung-sun, remembering her as a low-profile philanthropist. Mourners dressed in black streamed into the ballroom of the Grand Hyatt in Wan Chai on Sunday for Maisy Ho’s memorial service, with many prominent names from business, entertainment and political circles paying their respects. Maisy Ho, the executive [...]

Hung Shui Kiu industrial park operator eyes bond issuance, tax cuts for firms

Hong Kong’s Hung Shui Kiu industrial park operator will consider issuing bonds to finance its future operations and propose tax concession measures to the government to attract enterprises to set foot in the area. Veteran industrialist Jeffrey Lam Kin-fung made the remarks on Sunday, two weeks before he was due to start his three-year term on June 1 as the chairman of the Hung Shui Kiu Industry Park Company – the first government-owned entity established to accelerate the development of the [...]

Hong Kong High Court to hear Evergrande liquidators’ lawsuit against PwC on Monday

The liquidators of China Evergrande Group’s lawsuit against PricewaterhouseCoopers (PwC) International will have their case heard in the Hong Kong High Court on Monday, according to records posted on the judiciary’s website. The one-day hearing was scheduled before Deputy Judge Patrick Fung Pak-tung of the High Court and would be open to the public, the court information showed. It concerns efforts by Evergrande’s liquidators to seek claims from PwC International over the developer’s auditing [...]

Estate residents step up cleaning after city’s first rat hepatitis case this year

Residents at a private housing estate in Hong Kong have stepped up pest prevention measures as authorities investigate the city’s first human case of rat hepatitis E recorded this year. Janitors were seen deep-cleaning public areas at the 25-block Laguna Verde estate in Hung Hom on Sunday, with sanitation efforts also encompassing the area’s waterfront promenade park, planters and the nearby shopping centre. A day earlier, health authorities revealed that a 42-year-old patient was found to have [...]

Hong Kong’s Paul Chan is heading to Europe. So what’s on the itinerary?

Financial Secretary Paul Chan Mo-po will seek to explain Hong Kong’s efforts to combat terrorism funding and work to attract more capital and business to the city during a five-day Europe trip, with the minister noting that stabilising geopolitics will strengthen foreign ties and the economic environment. The finance chief’s coming trip was announced on Sunday, and follows an easing of tensions after US President Donald Trump visited mainland China and news that Russian President Vladimir Putin [...]

Bangladesh Business News

Bangladesh: T-Bill Yields Fall Slightly

Yields on treasury bills (T-bills) fell slightly on Sunday as banks preferred investing their excess liquidity in risk-free government securities amid subdued private sector credit demand due to ongoing geopolitical tensions. [...]

Fitch Revises Bangladesh Outlook to Negative

Fitch Ratings has revised Bangladesh’s outlook to “Negative” from “Stable” while affirming its ‘B+’ sovereign rating, citing rising external financing pressures, weak macroeconomic buffers, and vulnerabilities linked to the Middle East conflict. [...]

US Inflation Jumps to 3.8% in April

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. [...]

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. [...]

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