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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

IMF lauds resilient Hong Kong economy, but warns of risks linked to Middle East war

The International Monetary Fund (IMF) has lauded the resilience of Hong Kong’s economy, noting a sustained recovery despite economic activity having yet to return to pre-Covid levels, while warning of downside risks stemming from escalating geopolitical tensions. It also urged Hong Kong to pursue medium-term financial reforms, including the introduction of a goods and services tax, to stabilise and strengthen public revenue. A concluding statement by an IMF mission that visited Hong Kong in [...]

Hong Kong’s M+ museum to showcase collections in Paris under 5-year deal

Collections from Hong Kong’s M+ museum will be exhibited in Paris alongside works from the Centre Pompidou in France under a five-year deal signed by the two institutions, which also covers research and talent exchanges. The memorandum of understanding for the multi-year partnership was signed on Friday at the M+ by its director Suhanya Raffel and Laurent Le Bon, the president of the Centre Pompidou. French Consul General Christile Drulhe witnessed the ceremony. “This is the first time for Hong [...]

6 bids for Hong Kong land sale signal renewed confidence despite market caution

The Hong Kong government’s first land sale in the current financial year has drawn six bids, according to the Development Bureau, including those from the city’s largest developers, suggesting a more confident outlook for the residential property market. At the close of tender for Tung Chung Town Lot No 54 at Area 106A on Friday noon, Sun Hung Kai Properties (SHKP) submitted a solo bid, while Kerry Properties and Sino Land submitted a joint offer, the groups separately confirmed to the South [...]

Embattled Hong Kong developer sued for HK$130 million, days after founder’s death

A Hong Kong property developer has been sued for HK$130 million (US$16.6 million) over allegedly breaching guarantor obligations in two bond subscription agreements, becoming the latest lawsuit to implicate the embattled company and following its founder’s sudden death earlier this week. Lofter Group, known for its urban renewal projects across the city’s core districts, and an affiliated company were named as defendants in the High Court action initiated by Earth Core Holdings, a firm [...]

‘Tell good stories of Hong Kong’ amid global turmoil, John Lee urges local media

The local media should contribute to telling good stories about Hong Kong amid global turbulence as the city formulates its first five-year blueprint to align with national development, Chief Executive John Lee Ka-chiu has said. He spoke at the Newspaper Society of Hong Kong’s annual press awards ceremony on Friday, where the South China Morning Post took home eight prizes. Lee said the local media was not only a witness and a recorder of events, but also needed to contribute to the progress of [...]

Former Wang Fuk Court representative and wife held over fraud, money laundering

A man who previously represented residents of fire-ravaged Wang Fuk Court in Tai Po has been arrested, along with his wife, on suspicion of conspiracy to defraud and money laundering, the South China Morning Post has learned. Sources revealed on Friday that Jason Kong Cheung-fat, a director of Ace Interior Design & Engineering Company, and his wife, Rosanna Cheung Yeuk-lan, who is also a director of the firm, were arrested a day earlier. The couple are suspected of borrowing hundreds of [...]

Hong Kong urged to shift from role as ‘superconnector’ to ‘value-adder’

Hong Kong must evolve beyond acting solely as a “superconnector” and reposition itself as a “super value-adder”, a leading think tank has said, urging the city to strengthen its role in global supply chains and align with national development amid geopolitical and technological shifts. In a 216-page report released on Friday, the 2022 Foundation – founded by Fung Investments chairman Victor Fung Kwok-king – outlined a road map for Hong Kong’s next phase of economic growth. It highlighted the [...]

Hong Kong inquest finds rare gastroscopy complication caused man’s death

A 29-year-old Hong Kong man died of misadventure linked to a rare complication following a gastroscopy at a public hospital two years ago, an inquest has found. The Coroner’s Court on Friday ruled that Lui Pak-to died of cerebral oedema, or brain swelling, triggered by the procedure at Queen Mary Hospital in Pok Fu Lam on February 29, 2024. Coroner Raymund Chow Chi-wei cited expert evidence indicating it was undesirable that Lui had to wait four hours and 40 minutes for a brain scan after [...]

Hong Kong maintains 2026 growth forecast at 2.5% to 3.5%

The Hong Kong government has maintained its full-year growth forecast at between 2.5 and 3.5 per cent after the city’s economy expanded by a stronger-than-expected 5.9 per cent in the first quarter. But rising oil prices linked to the war in the Middle East could push inflation higher in the coming months, the government economist warned as the Census and Statistics Department released growth data on Friday. The economy grew by 5.9 per cent year on year in the first quarter, after expanding by 4 [...]

How can Hongkongers make the most of public holidays in 2027?

Hong Kong residents can enjoy an 11-day-long holiday over the Easter and Ching Ming holidays in 2027 by applying for only four days of leave, according to the list of official public holidays released by authorities. The government on Friday gazetted the dates for public holidays in 2027, with residents enjoying at least seven long weekends next year. They can take advantage of the Christmas and New Year holidays at the end of 2026 to enjoy a 10-day-long holiday by applying for only four days of [...]

Bangladesh Business News

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. [...]

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. [...]

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