The New Nation - Internet Edition

NATION BUSINESS REPORT

A seminar on 'Global Financial Crisis and Its Impact on Bangladesh' was held on Wednesday at the Board Room of Janata Bank Limited Head Office in the city.

Suhel Ahmed Choudhury, Chairman, Board of Directors, Janata Bank Limited, chaired the seminar, while SM Aminur Rahman, CEO and Managing Director, other Directors of the bank, renowned economists, representatives of Bangladesh Bank and World Bank, and editors of different dailies were present.

Dr Hasan Imam, Managing Director of TWP Investment Bank, New York, presented the keynote paper where he discussed the overall scenario of the global financial crisis and its impact on Bangladesh.

He replied various questions raised by the audience regarding the impact of financial crisis in various sectors of the country's economy.

According to the keynote speaker, the country may suffer from foreign remittance, export earnings etc.

The export of RMG may also be affected to some extent. He emphasised to take short and long term strategies to face the challenges the country may face due to global financial recession.