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Business & Finance News Sunday, February 02, 2002 Compiled by SDNP Head Lines Prospects of E-commerce discussed The Independent The Junior Chamber Bangladesh (Dhaka East) organised an open discussion session on "Export Through E-commerce" at IDP Bhaban Auditorium yesterday. The speakers included Sohel Ahmed, Secretary, Ministry of Commerce, Arfeen Ara Begum, Deputy Director ICT Cell of the Export Promotion Bureau, Adil Islam, Corporate Head HSBC, Dr Yousuf M. Islam, Chairman, Department of CSC and Engineering Brac University, Faisal Saeed from JOBS (USAID) and Azimul Haque (Raihan) of Newage Software. Prospects and problems of E-commerce were discussed and the Secretary of Commerce agreed to work together with Junior Chamber Bangladesh to develop policies and training for promotion of E-commerce in Bangladesh. The seminar was the concluding part of 3-day Junior Chamber Bangladesh LOM Convention. On Thursday, Junior Chamber Bangladesh (JCB), an organisation of young professionals and entrepreneurs of Bangladesh organised its orientation 2003 for new and prospective members. At the event, JCB’s mission, vision, international activities, opportunities and finally the plan of action (POA) for the year 2003 were presented to the existing and the new members. National President Waqar Chowdhury and National President elect Syed Almas Kabir attended the event. The occasion was also attend by the Founding President of JCB Mosud Mannan. Prior to the orientation, the officers and executive body members of the three chapters attended a five-hour training session and the National Governing Body’s goal were shared. Later the new executives took oath and awards were given to the most outstanding members of the year. Staff Reporter, The New Nation Following a 'fruitful agreement with the government,' the Bangladesh Petroleum Dealers, Distributors, Agents & Petrol Pump Owners Association withdrew their indefinite strike on Wednesday night. The association sources informed that they sit with State Minister for Energy and Mineral Resources AKM Mosharraf Hossain on Wednesday night and later announced to withdraw their indefinite strike after the government agreed to resolve their demand of providing commission on evaporation and operation losses and tolerance fee within a month. The chief spokesman of the association Nazmul Hoque told The New Nation yesterday that they signed an agreement with the ministry after a long discussion starting from the evening and ending at midnight at the ministry's conference room at Bangladesh Secretariat. Nazmul Hoque told the government agreed to form a 8-member committee comprising the representatives of the government, oil companies, Bangladesh Standard and Testing Institution (BSTI) and the petrol pump owners association to ascertain extent of evaporation and operation losses. The ministry source said the 8-member committee would be formed including 3 representatives from the association, 3 representatives from the state owned oil companies-Padma, Meghna and Jamuna, one from the ministry of energy and mineral resources and one from the BSTI. The spokesman said, hopefully the committee will start their work from Sunday and will prepare a report, which must be submitted within a month to the government. "The committee will examine the international and neighboring country's position on this issue and submit the proposal report to the government. Earlier, the government introduced "The Essential Commodities Act, 1957" for six months to ensure normal supply and sale of the petroleum products. According to the Act, if anybody violates the law, he may be arrested and put under rigorous imprisonment up to three years. Meanwhile, police personnel were seen at some petrol pumps in the city yesterday. On the deployment of police force, Nazmul Hoque told that they did not know anything about the deployment of police at the fuel stations of the city. "I think it may have been done to ensure our security by the government", he said. Replying to a question, he said they demanded 3 per cent commission on evaporation and operation losses at the meeting. Nazmul Hoque told this correspondent, their association was going to arrange a conference in Dhaka on Thursday next. "We will take the further strategy at this conference to realise our demand from the government," he said. Earlier, another talks was also held on the same day ended without any result. The sources said, the petrol pump owners wanted immediate announcement on compensation of the evaporation and operation losses. The government side proposed to form a committee comprising the representative of the government, oil companies, Bangladesh Standard and Testing Institutions (BSTI) and the petrol pump owners association to ascertain extent of evaporation and operation losses which will submit the report within one and half month. The association leader did not agree with this proposal blaming the government took long time to resolve the problem and leaved the meeting at 2:00pm. Sources said, the association leaders sit again at evening when the state minister requesting them which ended at 01:00am (night) with a successful agreement. Leather Fair 2003 begins Monday Staff Reporter, The New Nation With a view to projecting the latest developments in the country's leather sector, the 5th Dhaka International Leather Fair (DILF) 2003 begins in the city from Monday. Bangladesh Finished Leather, Leather Goods and Footwear Exporters' Association (BFLLFEA) and Bangladesh Tanners Association (BTA) are jointly organising the three-day extravaganza of finished leather, leather goods and accessories and footwear at Sonargaon Hotel. Prime Minister Begum Khaleda Zia is expected to formally inaugurate the fair as the chief guest at 11am. Finance and Planning Minister M Saifur Rahman, Industries Minister MK Anwar, Commerce Minister Amir Khosru Mahmud Chowdhury and State Minister for Commerce Barkat Ullah Bhulu will be present as special guests. This was disclosed by Mishal Karim, Chief Executive Officer of JetsetPR (JPR), an event management company that has been appointed the official event manager for the fair. Mishal said the DILF 2003 would host some attractive events ever seen in Bangladesh. The events comprise a 45-minute fashion show and an impressive dance show by Navi, the world's No.1 Michael Jackson impersonator, at the poolside of Sonargaon Hotel. "For the fashion show, we will be having top female super models from India and Bangladesh along with four top male models from Bangladesh," he said. The models include Adity Govitrikar, Aanchal Kumar, Koena Mitra and Gauhar Khan. The JPR CEO said the local designers involved with the show are all top names in the industry. The press conference was also attended, among others, by Director of Apex Tannery Group and Mutual Trust Bank Ltd Md Hedayetullah Ron. For example, Nasrine Karim of DIA House of Fashion will be participating. Kuhu, the leading fashion artist will be displaying her work on the ramp. Sohana Rouf Chowdhury of Karma will also be participating. Sarah Ahmed, a designer will be displaying her exciting Western range alongside with Azra, one of young designers of Bangladesh. The show will be choreographed by Sameer Bhayani who has worked with designers like Versace, D&G, Fendi, Tarun Tahiliani, Suneet Verma, Rocky S and many other names in fashion world. He said the FTV would also be airing the footage from the show. According to Alhaj Rezaul Karim Ansari, Chairman of BFLLFEA, the fair is expected to expand the export market of finished leather and leather goods produced in Bangladesh and help to enhance the reputation of Bangladesh in the international market. "So, DILF 2003 carries great significance to create new export markets, introduction of Bangladeshi leather goods to international market and strengthen the interest of the country's leather sector," he said.
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