Bangladesh Chamber Of Commerce in Korea - BangCham

27/03/2020

How China destroyed evidence of the outbreak

China is now trying to shift blame for the coronavirus outbreak. But fresh reports have emerged, that expose how China destroyed the evidence to cover-up the...

11/10/2019

issues in South Korea: Regulations, incentives and taxation.

Except of high-risk items regarding public health and the national security and the environment that requires additional documentation and technical tests, goods imported into South Korea with no record of trade-law violations doesn’t require customs inspection.

✅✅Read more: http://bit.ly/2AYDUXJ

30/09/2019

Japanese and South Korean business leaders will face an almost impossible duty of finding a path to resolution when they meet as both governments remain entrenched in a bitter dispute that has eroded economic ties.

Large businesses from both countries warn over consequences of the escalating trade conflict

25/09/2019

🇧🇩🇯🇵✌️ The Bangladesh chamber of commerce in Korea (BangCham) is an organization that represents the business interest of Bangcham members in Korea and Bangladesh. It works as bridge for the mutual betterment of companies of both countries.This organization is established with some aims such as:

✅It is working to create a responsive business environment in between Bangladesh and Korea

✅ Create an opportunity to collaborate with the business members and the affiliated members of Korea and Bangladesh

✅The business members will get the privilege of the Visa recommendation letter

✅ Promoting the business interest of the members with Government and business bodies

✅. Promoting Bangladeshi and Korean trade through the forum in both countries

✅ Work as the bridge between the Korean and Bangladesh business communities

23/09/2019

Chinese trade delegation canceled a trip to American farm states and according to a senior member this was not down to failure in trade talks.
Read More: http://bangchamkorea.org/china-delegations-cancelled-us-farm-states-visit/

19/09/2019

No one seems to care if the World Trade Organization—the world’s only global trade regime—withers. In the last few days, President Trump threatened unilateral tariff increases against China and Mexico, Japanese Prime Minister proclaimed trade restrictions against Korea and Korea also continued and Pakistan suspended trade relations with India after India announced an end to Kashmir’s special status.

Rather than leave the WTO, the U.S. can update the existing one—and threaten to exclude China.

17/09/2019

The visiting German business delegation proposed to set up a plant for the world renowned car companies like BMW, Mercedes-Benz in Bangladesh.

They had placed the proposal while paying a courtesy visit to Finance Minister of Bangladesh.

Read more: http://bangchamkorea.org/germany-proposes-to-assemble-bmw-mercedes-benz-cars-in-bangladesh/

13/09/2019

✅✅Business Rules for Building a Successful Business in Korea 🇰🇷🇰🇷:

1. A formal introduction is a must to any person or company with whom you want to business or you want to keep contact with. It is the most when you are in Korea.

2. A business card is very essential when you are in Korea for business people. Businesspersons are not comfortable unless they know the details about your company and the position you are working. Exchange your card with others of the visiting company and don’t forget to use it in the right hand with respect.

3. In many of the countries, the understanding level of many English speaking business people may not be as good as their courtesy implies. Repeat and emphasize your key point for their understanding. Try to speak in short using simple vocabulary. You can exchange notes after meeting for this purpose.

4. Koreans are very soft, gentle and polite in nature. Be dignified as possible as you can in the negotiating table. Sensitive issues and details can be skipped for further discussions. Allocate sufficient time for your partner.

5. It is very important to develop a good relationship based on mutual trust and benefit in the business contract as well for Koreans. They prefer contracts that are flexible enough that adjustments can be made to change in changing circumstances.

6. Koreans are extremely sensitive people. Always give a happy mode to them as you are happy to meet them.

7. Mass communication can be the main issue in business development. Korea is a world leader in the common use of broadband Internet communications. Accurate market research and other information need to be exchanged with all persons connected with this.

09/09/2019

South Korea is planning for budgeting the highest budget spending next year to boost the country’s exports amounts which have been unpleasant of growing trade frictions, such as the trade war between the United States and China.The budget of 1.07 trillion won to promote exports and diversify overseas markets.

More details:http://bangchamkorea.org/south-korea-is-planning-for-record-budget-for-export/

04/09/2019

is a process of launching, developing and running a business by taking financial risks.This business venture can be large in amount or not.

In another term, If a person wants to launch or running their own business is called Entrepreneur.This procedure is called Entrepreneurship.For economic growth for expanding global market, Entrepreneurship is very necessary.
✅✅ More: http://bangchamkorea.org/entrepreneurship-for-global-growth/

03/09/2019

Tax measures and a lack of knowledge on taxation are making Bangladeshi exporters less competitive in the global market.
✅✅
Read more: https://bit.ly/2keF4cW

30/08/2019

Business trips to the US by the Chinese seems to decline in 2019 after years of growth as trade war between world’s top two economies China and US.

Read More: http://bangchamkorea.org/us-china-trade-war-affects-on-business-trips-of-chinese/