FBCCI stresses more Filipino investment in Bangladesh | The Daily Star
12:00 AM, April 17, 2014 / LAST MODIFIED: 01:53 AM, March 08, 2015

FBCCI stresses more Filipino investment in Bangladesh

FBCCI stresses more Filipino investment in Bangladesh

The apex trade body yesterday urged the entrepreneurs of the Philippines to invest more in Bangladesh as the country offers very liberal and attractive investment opportunities.
The Filipino entrepreneurs should participate in the trade fairs and exhibitions held in Bangladesh, said Kazi Akram Uddin Ahmed,  president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
Ahmed spoke at a seminar jointly organised by the FBCCI and the Embassy of the Philippines in Dhaka on “Doing business with the Philippines”.
The Philippines government is keen to strengthen the bilateral relations between the two countries, said Vicente Vivencio T Bandillo, ambassador of the Philippines to Bangladesh.
He also stressed the need for exchanging business delegation, easing visa regime and cultural cooperation between Bangladesh and the Philippines.
Bangladesh was the Philippines' 54th trading partner in 2012, 46th export market and 67th import supplier, said John Paul B Inigo, commercial counselor of the Embassy of the Philippines in New Delhi at a presentation.
The Philippines should invest in tourism, healthcare, IT and craftsmanship sectors, said Monowara Hakim Ali, FBCCI first vice-president.

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