Business Report 4

Bangladesh trade fair begins
in Kuala Lumpur

Bangladesh Sangbad Sangstha . Dhaka

A four-day first ever Bangladesh single country trade fair began Friday at Putra World Trade Centre in the Malaysian capital of Kuala Lumpur amidst enthusiasm and festivity.
The Dhaka International Exhibition Company organised the fair in collaboration with the National Bank, according to a message received in Dhaka said.
Bangladesh high commissioner to Malaysia M Khairuzzaman and Malaysian high commissioner to Bangladesh Abdul Malek Bin Abdul Aziz jointly inaugurated the fair.
Senior officials and businessmen of the both countries were present.
A total of 22 Bangladeshi manufacturing and service companies, including four banks, three life insurance companies, three readymade garments and four housing companies are taking part in the fair.
The participating banks are National Bank, Pubali Bank, NCC Bank and AB Bank and the life insurance companies are Meghna Life Insurance Company, Prime Islami Life Insurance Limited and Golden Life Insurance Limited.
Speaking on the occasion, the Malaysian high commissioner to Bangladesh said Kuala Lumpur would provide support to Bangladesh to export their products easily.
He said this type of exhibition could boost exports and import and build image of both Bangladesh and Malaysia. He urged the Bangladeshi businessmen to invest in unexplored but potential sectors in Malaysia.
Khairuzzaman said Malaysia is one of the potential product as well as labour market for Bangladesh, where trade is in favour of Malaysia.
He invited the Bangladeshi businessmen to come forward with their products and services in Malaysian market.
Enayet Karim, managing director of DIEC, spoke on the occasion.
According to the message Golden Dream, a readymade garment, has fetch an order of 5000 dozens of polo shirt, while NCC Bank and Pubali Bank have confirmed remittance agreement with two Malaysian exchange companies and banks.
National Bank is going to open an exchange house in Malaysia very soon and permission from the Malaysian authorities in this regard is almost at the final stage.