**A DINNER MEETING OF THE CHAMBER WILL BE HELD ON SUNDAY, JULY 29, 2018 AT THE WESTIN DHAKA. MR. MD. NOJIBUR RAHMAN, PRINCIPAL SECRETARY, PRIME MINISTER'S OFFICE WILL ATTEND THE MEETING AS THE CHIEF GUEST. **     **A MEETING OF THE CHAMBER'S FMCG SUBCOMMITTEE WILL BE HELD ON SUNDAY, AUGUST 05, 2018 AT FICCI.**

Welcome To FICCI!

The Foreign Investors’ Chamber of Commerce & Industry (FICCI) was established on the 1st of July 1963 in the port city of Chittagong under the name and style of the “Agrabad Chamber of Commerce & Industry” (‘Agrabad’ being the name of the commercial hub of the city) with the initiative of the foreign companies located in and around Chittagong. It may be mentioned here that, at that point of time, most of the foreign companies, mainly British, had their establishments located in that region of the country.

EXECUTIVE COMMITTEE

Mr. Shehzad Munim

President

Mr. Francois de Maricourt

Vice President

NEWS & EVENTS

Golden Days Beckon for Jute

Jute and jute goods put in a solid shift in the overseas market in fiscal 2017-18, crossing the $1 billion mark in receipts after five years, much to the cheer of the government as it endeavours to lower dependency on garment. Last fiscal year, the sector brought home...

ADP Spend Far Away from Target

Ministries and divisions face an uphill task in June as they will have to spend about one-third of the development budget in one month to reach the government's ambitious ADP target. In the first 11 months of the outgoing fiscal year, they together spent Tk 98,978...

Disquieting Trend in Job Market

Some 8.5 lakh women lost jobs in the industrial sector between 2013 and 2016-17 -- a development that the Centre for Policy Dialogue has termed 'truly disquieting'. It appears that many jobs were displaced for adoption of technology by factories after the increase in...

Foreign Loans Getting Costlier: BIBM

Increasing LIBOR rate and the appreciation of the greenback against the taka are putting pressure on Bangladeshi businesses that borrowed from foreign sources to meet their needs, according to a report of the Bangladesh Institute of Bank Management. If these pressures...

FICCI Seeks 5% Cut in Corporate Tax

The Foreign Investors’ Chamber of Commerce and Industry on Monday, April 02, 2018 urged the government to lower corporate income tax rate by 5 per cent in the upcoming national budget for 2018-19 fiscal and freeze the rate for at least three years. At a pre-budget...

Quest for a Cashless Society Continues

Electronic or digital payments have been growing steadily in Bangladesh for the last several years, thus helping the country to boost revenue collection and reduce currency printing costs. A total of 180 crore transactions worth nearly Tk 23 lakh crore, which is six...

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