FBCCI against IMF loan if dignity compromised

Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) President Md. Jasim Uddin has said, Bangladesh does not need to borrow money from the International Monetary Fund (IMF) if the country's dignity is sacrificed. He also opposed hiking the current lending interest rate. Jasim said this while speaking at 'ERF's

Lack of move to explore gas blamed for energy crisis

Speakers at a seminar, organised by FBCCI, the country's apex chamber body, blamed the lack of initiative in local gas exploration for the current energy crisis. "Despite huge potentials, why have we failed to explore our local gas? We have to find out the answer", said Dr. Badrul Imam, eminent energy

Governance main challenge in budget implementation: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Saturday said good governance is a major challenge in implementing the proposed budget for the fiscal year 2022-23.  FBCCI president Md. Jasim Uddin came with the remark at a press conference on post-budget reaction held at FBCCI Building in Motijheel.  He

BB refuses to extend loan moratorium facility

Bangladesh Bank has decided not to extend the loan moratorium extension for enterprises slated to end this Friday, the last day of the calendar year. The news comes on the heels of the FBCCI's recent pleas, which entreated the central bank to extend the moratorium facility for at least six more

Minister Group distributes food among poor and distressed

Minister Group has recently distributed food items to poor and distressed families in Chuadanga on behalf of MA Razzak Khan Raj, chairman of the Minister Group, vice-president of the FBCCI, said a press release. Councilor Abdul Aziz Joyaddar of Ward 2 of Chuadanga Municipality and officials of the Minister Group were

NSU, FBCCI jointly organize seminar on industry, academia

North South University (NSU) and Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) jointly organized a seminar on “Industry - Academia Collaboration” on Tuesday ensuring health and safety rules, said a press release. The main objective of the seminar was to provide timely education to the students through joint research

New budget will accelerate domestic brands: M A Razzak

Vice-president of FBCCI, the apex business body of Bangladesh, and chairman of Minister Group MA Razzak Khan said the new budget would serve as a new milestone in the development of domestic brands, local industries and employment. In response to the budget, he said the reduction in tariffs on imports of

Jashim Uddin elected FBCCI president

The vice-chairman of Bengal Group of Industries, Md Jashim Uddin has been elected as the president of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) for the next two years. The FBCCI election board announced his presidentship on Sunday. Motahar Group of Industries Managing Director Mostofa Azad Chowdhury Babu was