Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Thursday, September 21, 2017 04:42:55 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Seize Malaysia's manpower market: BMCCI suggests FTA with Malaysia protecting BD's interest

By UNB, DHAKA
19th-May-2014       
Comments
Share your thought
Post a comment »
Read all () »

The government needs to start immediate negotiations with Malaysia and seize the opportunity to send maximum number of workers against their present demand of 1.1 million, suggests a trade body here on Sunday.
Leaders of the Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI) led by its president Nasir A Choudhury, came up with the recommendation when they met Foreign Minister AH Mahmood Ali at the latter's office.
The BMCCI put forward a number of recommendations to close the existing trade gaps between the two countries, increase FDI from Malaysia and remove barriers for increasing manpower exports to Malaysia.
The trade body sought government initiatives to make Bangladesh as the major source country for manpower export to Malaysia.
The BMCCI president sought the Commerce Ministry's cooperation to sign a Free Trade Agreement (FTA) with Malaysia by ensuring Bangladesh's best interests.
The FTA between the two countries could attract greater FDI leading to Malaysian manufacturing units relocating to Bangladesh to take advantage of lower wage costs, he said.
The BMCCI leader suggested creating awareness among the Malaysian investors about the competencies of products and services of Bangladesh.
Bangladesh has so far fetched Malaysian FDI to the tune of US $3.37 billion while the total value of trade between the two countries last year amounted to US 2,002.21 million.
The Foreign Minister listened to their recommendations and assured of providing all possible support to increase Bangladesh's export to Malaysia.
He thanked the BMCCI leaders for their role in promoting bilateral trade relationship between Bangladesh and Malaysia.
Vice president ASM Mainuddin Monem, Treasurer Syed Almas Kabir, directors Helal Ahmed Chowdhury, Engr Mohammad Badrul Hsssan, Yesmin Ipphat, Secretary Hasanur Rahman Chowdhury were present at the meeting.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Suu Kyi`s speech cannot silence the critics


STATE Counsellor of Myanmar Aung San Suu Kyi finally broke her silence on the Rohingya refugee crisis Tuesday insisting that her country was not "afraid of international scrutiny." But her speech in Naypyidaw drew widespread criticism, such as; she did not denounce atrocities against Rohingyas and claimed the government needed ...

Football »

Bayern`s Arturo Vidal is celebrated after he scored the third goal for Bayern during the German Bundesliga soccer match between FC Schalke 04 and Bayern Munich at the Arena in Gelsenkirchen, Germany on Tuesday.


Entertainment »

Feels good that like-minded people are in CBFC: Vidya Balan


Last month, much to the relief of filmmakers and the audience, the Censor Board of Film Certification underwent a revamp in August. Padma Shri recipient and lyricist Prasoon Joshi replaced Pahlaj Nihalani as the chairperson and revered film personalities like Vidya Balan and TS Nagabharana became board’s new members. Hopes ...

International »

Iran in UN spotlight as Trump threatens nuclear deal


AFP, United Nations :Tehran will defend itself on the world stage on Wednesday with President Donald Trump threatening to trigger a new international crisis by pulling out of the Iran nuclear accord.Iran's President Hassan Rouhani is to address the United Nations General Assembly, where worried world leaders are fearful of ...

City »

Residents of Dolaipar area in the city facing acute water crisis as water with bad smell has been coming from the WASA line. People have to collect drinking water from the only WASA pump in the areas standing in long queue.


Editorial »

Our inactive diplomacy is deplorable : We shall need armed support


IT'S almost a month since Myanmar has started to push Rohingya Muslims illegally into Bangladesh; creating a burden for an economically weaker country like ours. Our government waiting eagerly for the international power houses to act quickly and solve the problem for us. But all our so-called proven friends like ...

Entertainment »

Antora Azim`s web series Basic Ali


Sheikh Arif Bulbon :Few years ago, Antora Azim started her acting career through Adnan Al Rajib’s a play titled Middle Class Sentiment. Under his direction Antora also performed as a model in a TV commercial of Banglalink. Later she took break from media for her study. She again started shooting ...

Entertainment »

Bhoomi item song by Sunny Leone faces Censor scissors - fans to face disappointment


The Censor Board always has a last laugh because of the immense powers vested with it. And with power comes responsibility. The Central Board of Film Certification is a statutory censorship and classification body under the Ministry of Information and Broadcasting, Government of India. Bhoomi has been at the receiving ...

City »

BNP Standing Committee Member Amir Khasru Mahmud Chowdhury, among others, at a discussion on `Bangladesh`s Position in Rohingya Crises` organised by Bangladesh Youth Forum at the Jatiya Press Club on Tuesday.


International »

Trump expresses his hopes for peaceful settlement to ME crisis


AFP, United Nations :US President Donald Trump again expressed his hopes for a peaceful settlement to the Middle East crisis Monday as he met Israel's Prime Minister Benjamin Netanyahu.Netanyahu was the first leader to have a one-on-one with Trump at the US president's first United Nations General Assembly, an annual ...

International »

Hong Kong leader demands end of independence talk


Reuters, Hong Kong  :Hong Kong's leader urged an immediate end to independence debates in the Chinese-ruled global financial hub on Tuesday, warning that the issue was harming the city's relationship with Beijing's Communist Party leaders.Insisting that the government did not want to intervene on university campuses, Chief Executive Carrie Lam ...

Sports »

Canada`s Brayden Schnur (right) and India`s Yuki Bhambri shake hands after the match during Davis Cup singles tennis tournament action in Edmonton, Alberta on Sunday.


Editorial »

Rice crisis must be resolved — police action not enough


THE government on day before yesterday directed the law enforcement agencies and Deputy Commissioners (DC) to arrest illegal rice hoarders in the country. The directive comes in the wake of introducing open market sales (OMS) of coarse rice at Tk. 30 per kg, double the previous year's price, across the ...

City »

Hefazat-e-Islam Bangladesh brought out a procession in the city protesting persecution of Rohingya Muslims in Myanmar was intercepted by police at Shantinagar intersection on Monday.


Entertainment »

Waluscha De Sousa sets the ramp on fire in an Anj Kreations lehenga


A fashion favourite & Bollywood actress Waluscha De Sousa who made her debut in Shah Rukh Khan starrer Fan was seen walking the ramp at a preview show for an upcoming exhibition named Joya. This exhibition organised by the Moranis of Cineyug held a preview of top 8 designers participating ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news