Govt to make business procedure simple, easier: CA
Friday, 26 September 2008
NEW YORK, Sept 25 (UNB): Chief Adviser Fakhruddin Ahmed said Wednesday that his government was carrying out efforts to make business and investment procedures in the country simple and easier as well as introducing online services to this end to attract investors from home and abroad.
The Chief Adviser made the remarks when a group of young Bangladeshi American business experts of Network of Young Bangladeshi American Professional (NYBAP) and bdinvest.org called on him at his Intercontinental the Barclay New York Hotel suite in the evening.
The young professionals apprised the Chief Adviser about the 1,100-member NYBAP, which was established four years back with the main objective to introduce Bangladesh as a country where one could invest, exchange views and make suggestions.
The Chief Adviser listened to their various suggestions in line with Bangladesh's business procedures and potentiality and urged them to make concrete recommendations so that the government could focus on those.
He told them about the formation of Bangladesh Better Business Forum (BBBF) last year aiming at government-private partnership that produced some good results.
Interaction between BBBF, Board of Investment (BoI) and non-resident Bangladeshis (NRBs), business policy and online service in government institutions were also discussed.
Dr Fakhruddin told the young professionals that IT and Financial service businesses had great potential in Bangladesh and the government was making an attractive IT policy.
The government was putting everything on line, he said and mentioned that a number of government organisations, including Biman and DESA, had already been turned into public limited companies.
He said trade inputs were now being released online for importers and exporters.
The Chief Adviser also mentioned about the Right to Information Ordinance for providing information to the public.
Fahim Ahmed, vice president of Royal Bank of Scotland, Faisal Ahmed, an economist of International Monetary Fund, Haseeb Ahmed of JP Morgan Chase, Hasan Imam, managing director of Thomas Weisel Partners, Mashrib Zahid, senior analyst of Prime Capital, and Rasheq Rahman, vice-president of KBC Financial Products, among others of NYBAP, met the Chief Adviser.
CA's Press Secretary Syed Fahim Munaim, who was at the meeting, later briefed the newsmen.
Bangladesh Ambassador to the USA M Humayun Kabir was also present at the meeting.
The Chief Adviser made the remarks when a group of young Bangladeshi American business experts of Network of Young Bangladeshi American Professional (NYBAP) and bdinvest.org called on him at his Intercontinental the Barclay New York Hotel suite in the evening.
The young professionals apprised the Chief Adviser about the 1,100-member NYBAP, which was established four years back with the main objective to introduce Bangladesh as a country where one could invest, exchange views and make suggestions.
The Chief Adviser listened to their various suggestions in line with Bangladesh's business procedures and potentiality and urged them to make concrete recommendations so that the government could focus on those.
He told them about the formation of Bangladesh Better Business Forum (BBBF) last year aiming at government-private partnership that produced some good results.
Interaction between BBBF, Board of Investment (BoI) and non-resident Bangladeshis (NRBs), business policy and online service in government institutions were also discussed.
Dr Fakhruddin told the young professionals that IT and Financial service businesses had great potential in Bangladesh and the government was making an attractive IT policy.
The government was putting everything on line, he said and mentioned that a number of government organisations, including Biman and DESA, had already been turned into public limited companies.
He said trade inputs were now being released online for importers and exporters.
The Chief Adviser also mentioned about the Right to Information Ordinance for providing information to the public.
Fahim Ahmed, vice president of Royal Bank of Scotland, Faisal Ahmed, an economist of International Monetary Fund, Haseeb Ahmed of JP Morgan Chase, Hasan Imam, managing director of Thomas Weisel Partners, Mashrib Zahid, senior analyst of Prime Capital, and Rasheq Rahman, vice-president of KBC Financial Products, among others of NYBAP, met the Chief Adviser.
CA's Press Secretary Syed Fahim Munaim, who was at the meeting, later briefed the newsmen.
Bangladesh Ambassador to the USA M Humayun Kabir was also present at the meeting.