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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

Hong Kong has cut the cost of its new Northern Metropolis rail link by 28 per cent to HK$86.2 billion (US$11 billion), after the government approved the funding for the project’s second phase, ahead of a planned launch by 2034. The Transport and Logistics Bureau and the MTR Corporation signed a project agreement on Tuesday covering the Northern Link, marking the start of construction for both its main and spur lines. The signing followed the green light from the Executive Council, the [...]

Formulaic AI-generated microdramas risk stifling human creativity and innovation, a Beijing professor has warned at a forum in Macau. Zhang Lanshan, a professor at the School of Digital Media and Design Arts at the Beijing University of Posts and Telecommunications, said that while audiences loved such standardised content, it posed a risk to diversity and artistic endeavour. Experts, including from several Hong Kong institutions, also warned users of artificial intelligence about the cultural [...]

Alibaba Group Holding’s chip design unit T-Head has filed for an initial public offering (IPO) on a confidential basis in Hong Kong, the company said in a stock-exchange filing on Tuesday evening, setting up a high-profile listing in the city amid rising competition between the US and China as the latter continues its push for tech self-sufficiency. The size and structure of the listing were not finalised. A wholly owned subsidiary of Alibaba, T-Head provides full-stack data centre chips, [...]

Operation Santa Claus (OSC), one of Hong Kong’s most enduring annual fundraising campaigns, has been launched, with organisers aiming to raise money for 13 local charities this year to “bring care and hope to every corner of the city”. During the launch ceremony on Tuesday, co-organisers RTHK and the South China Morning Post said they would continue the campaign’s decades-long mission of uniting Hong Kong’s communities to support those most in need. The 13 projects selected to receive funding [...]

The former brother-in-law of slain Hong Kong socialite Abby Choi Tin-fung has insisted in court that the model was “not in a position” to blame him for her strained relationship with his family before her alleged murder, citing their friendship and his contribution to her children’s upbringing. Anthony Kwong Kong-kit on Tuesday portrayed himself as having “a rather special existence” between the two families, saying that he had been a “very good friend” of the model before he joined his father [...]

Hong Kong’s de facto central bank plans to introduce legislative amendments in the first quarter of next year to lower the capital costs for banks lending to local tertiary institutions, in a bid to speed up the development of the university towns in the Northern Metropolis. Under the proposed changes to the Banking (Capital) Rules, the Hong Kong Monetary Authority (HKMA) will designate 11 post-secondary institutions and three park companies as “Domestic Public Sector Entities”, granting them [...]

Hong Kong’s Ocean Park has been urged to enhance its safety measures after an ageing observation tower broke down for the second time in two years, leaving 42 people stranded 70 metres above the ground. Lawmakers called for changes on Tuesday, a day after the incident sent firefighters rushing to the scene and caused the ride to stop working for more than two hours. While 40 customers and a staff member were able to make their own way to the ground through a safety passage inside the tower, one [...]

A British Nobel-winning virologist has launched a programme to develop the world’s first hepatitis C vaccine after joining a university in Hong Kong, tapping the city’s research funding, access to Chinese strains of the virus and partnerships with mainland drug makers. Sir Michael Houghton, who won the 2020 Nobel Prize in Physiology or Medicine for the co-discovery of the hepatitis C virus, said he joined Baptist University after more than four decades in North America, as the United States and [...]

Hong Kong’s annual WinterFest will expand beyond Central this year, reaching Tsim Sha Tsui and Causeway Bay with new attractions including steam trains and aurora light shows. But the festival’s opening next Wednesday will also mark the final performance of “A Symphony of Lights,” the nightly Victoria Harbour show that has illuminated the city’s skyline for 22 years. It will be replaced by seasonal light shows. The final performance, at 8pm, would include special pyrotechnic effects as a [...]

The United Kingdom remains a “much valued business partner” to Hong Kong, the city’s leader has said, while calling on British companies, investors and universities to explore opportunities in the Northern Metropolis. Speaking at the annual summit of the British Chamber of Commerce in Hong Kong on Tuesday, Chief Executive John Lee Ka-chiu also said the development of the university towns in the megaproject near the border with mainland China offered a timely opportunity for both sides to deepen [...]

Bangladesh Business News

Workers' representative on the Minimum Wage Board has proposed BDT 32,000 as the minimum monthly wage for entry-level garment workers, while employers sought four more days to submit their proposal. [...]

The World Bank (WB) has approved US$300 million to strengthen pre-primary and primary education in Bangladesh, benefiting 26 million children through improved classrooms and learning materials. [...]

The central bank of Bangladesh is mobilising BDT 410 billion from 17 cash-rich banks to support a BDT 600-billion stimulus package aimed at reviving private-sector investment and economic activity. [...]

The central bank of Bangladesh has allowed banks to issue foreign currency guarantees and standby letters of credit (SBLCs) on behalf of resident entities representing foreign firms that win contracts through international tenders, widening financing support for major projects. [...]

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