Saturday, December 15, 2018 | ePaper

Halal products Mfg industry can get separate EZ: BIDA

  • Print
Business Desk :
Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam on Thursday said a separate Economic Zone can be set up for manufacturing halal products.
He made this comment while speaking at seminar, titled 'Halal Certification Standards and Challenges: Opportunities for Bangladesh Market' organised by Dhaka Chamber of Commerce and Industry (DCCI) in the city, a DCCI press release said.
Ambassador of the United Arab Emirates in Dhaka Saed Mohammed Saed Hmaid Almheiri was present at the seminar with DCCI President Abul Kasem Khan in the chair.
Speaking as the chief guest, Aminul Islam said halal certification is an added advantage to the products and this certification creates an extra appeal to buyers.
"World-wide halal market is a trillion dollar market. Halal products have a great demand in the international market even in the European market because of its distinct quality," he said.
He said: "We need to do a lot of research on halal products. The government will support the private sector if they come forward to flourish in this sector".
Abul Kasem Khan said Muslims are the second largest community in the world. According to global Islamic Economy 2017-18 report of Thomson Reuters Foundation, the global Islamic market is around US$ 2 trillion, which is contributing to 11.9 percent of the world expenditure, he added.
He stressed the need for building an international halal certification process, setting up separate zone for halal products manufacturing and forming new policy for facilitate this market.

More News For this Category

Ahsan-uz Zaman, Managing Director of Midland Bank Limited, inaugurating its an Agent Banking Centre at Guzia Bazar in Shibgonj Sadar Upazila in Bogura on Wednesday. Senior official of the Bank and local elites were also present.

Ahsan-uz Zaman, Managing Director of Midland Bank Limited, inaugurating its an Agent Banking Centre at Guzia Bazar in Shibgonj Sadar Upazila in Bogura on Wednesday. Senior official of the Bank and local elites were also present.

.

Japan business confidence unchanged in Dec this quarter: BoJ

AFP, Tokyo :Confidence among Japan's biggest manufacturers was unchanged this quarter after slipping for three consecutive surveys, central bank data showed on Friday.The Bank of Japan's Tankan report -

European stocks higher after May wins vote

AFP, London :European stocks rose Thursday at the open on investor relief after British Prime Minister Theresa May won a no-confidence vote.Investors were meanwhile awaiting the latest interest rate

EU prolongs economic sanctions on Russia: Tusk

AFP, Brussels :EU leaders extended punishing economic sanctions against Russia over the conflict in Ukraine for another six months on Thursday, amid heightened tensions between Kiev and Moscow over

Shibbir Mahmud, Chairman, Board of Directors of Islamic Finance and Investment Limited (IFIL), presiding over its 244th meeting at its on Wednesday. . Rezakul Haider, Anis Salahuddin Ahmad, Vice-Chairmen, SM Bakhtiar Alam, Hossain Mahmud, Liaqat Hossain Moghul, KBM Moin Uddin Chisty, Directors, Anwar Hossain Chowdhury, EC Chairman, Md. Jahidur Rahman, Audit Committee Chairman and AZM Saleh, CEO of the company were also present.

Shibbir Mahmud, Chairman, Board of Directors of Islamic Finance and Investment Limited (IFIL), presiding over its 244th meeting at its on Wednesday. . Rezakul Haider, Anis Salahuddin Ahmad, Vice-Chairmen, SM Bakhtiar Alam, Hossain Mahmud, Liaqat Hossain Moghul, KBM Moin Uddin Chisty, Directors, Anwar Hossain Chowdhury, EC Chairman, Md. Jahidur Rahman, Audit Committee Chairman and AZM Saleh, CEO of the company were also present.

.

Brazil leader moves to fully open airlines to foreign capital

AFP, Brasilia :Brazil's President Michel Temer on Thursday signed a provisional order that would lift limits on foreign ownership of airlines in the country, his chief of staff said.

GM plant closures 'unacceptable': Trump

AFP, Washington :US President Donald Trump on Thursday warned General Motors it would not be "treated well" after its decision last month to cut 15 percent of its workforce

Yemen central bank expects $3b deposits from Gulf donors

AFP, Aden :Yemen's central bank expects a $3 billion cash injection from Gulf allies Kuwait and the United Arab Emirates, an official said Thursday, as the war-battered country seeks

Jordanians take to Amman streets over tax law

AFP, Amman :A thousand Jordanians took to the streets of Amman on Thursday to protest an income tax law adopted in November under an austerity programme aimed at reducing

Trade worries push eurozone business growth to 4-year low

AFP, Paris :Worries about a global trade war and disruptions caused by anti-government protests in France pushed business growth in the eurozone to a four-year low in December, an