Month: June 2016

SAARC needs to move faster; Annisul Huq

Dhaka, Oct. 3 — SAARC Chamber of Commerce & Industry (CCI) president Annisul Huq said the member countries need to move fast as the world is progressing faster.

“Many regional trade blocks in other continents are on the way of total economic integration following the path of European Union. SAARC countries need to move fast because the world is progressing faster,” he said at a round-up of CCI held in Colombo on September 30 on the 16th SAARC Summit.

The round-up was organized by SAARC Chamber of Commerce & Industry in collaboration with Federation of Chambers of Commerce & Industry of Sri Lanka, supported by Friedrich Naumann Stiftung, said a press release.

Annisul Huq said that South Asia is not acting sufficiently fast because they are engaged more in polemics than the real business….

Original Article is Published on : HighBeam Business
October 3, 2010

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City Bank hosted Seminar on “Natural Gas in Bangladesh: Demand and Supply Spectrum”

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In October, 2008, City Bank hosted a Seminar on “Natural Gas in Bangladesh: Demand and Supply Spectrum” where businessmen gave vent to their frustration asking the top civil servant at the ministry if there is gas or not.

Mohammad Mohsin, energy and mineral resource secretary, attended the seminar, organized by City Bank. Annisul Huq, FBCCI president, Jalal Ahmed, Petrobangla Chairman, Aziz Al Kaiser, City Bank Chairman, and K Mahmood Sattar, the Bank’s managing director and the CEO, were also present.

The FBCCI president, Annisul Huq, led the onslaught. Earlier, Bangladesh was floating on gas. Now, it is running out of gas. What do we do now? There are reports showing that the gas supply will slow down by 2011. It must be told in clear terms whether business people should make investments or not.

According to the business people, government answers are not satisfactory. Political crisis hurt them, but do not silence them or stop them. But the power and gas crisis stall them completely. Bangladesh has proven to have gas reserves of around 7.7 trillion cubic feet, and probable and possible recoverable gas amounting to around 13 trillion cubic feet. At present the daily demand for gas is 2,046 million cubic feet, with production at 1,840 mmcf. In addition, gas is being supplied at a flat rate through out the month which has to be reconsidered.

Aziz Al Kaiser, City Bank Chairman said that they must formulate a long term -50-year long energy policy and this would be the right time for the politicians and the policy makers to take decisions in this regard.

Original Article is Published on : The City Bank
1 Oct, 2008

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An interview with the BGMEA President

AnnisulHuqAnnisul Huq, the current president of BGMEA is Chairman of Mohammadi Group, a leading conglomerate of RMG factories, and TechnoVista, a top software exporting company in Bangladesh, which also caters to the local market. During the past couple of months, he has been vocal, expressing concern about the probable consequence of MFA phase out and its impact on the textile sector. His views have caught quite a bit of media attention. However, the face of Annisul Huq isn’t new on TV, he is also one of the most popular TV anchor of the country. The reporters of Cotton Bangladesh had a pleasant and informative discussion with Mr. Annisul Haque on 15th September.

The discussion with the President of BGMEA began with a question on MFA phase out and what he thought the consequences would be. He said, that although there would no longer be any quota in the USA market at the end of 2004, he was hopeful that there could yet be a good market in USA, because of their willingness to provide Bangladesh with trade benefits through GSP. However, it would require, strong proactive initiative from the government to avail those benefits.

“We cannot interact with USA directly, being a business association, it is a matter to be negotiated between the Governments.”- He pointed out.

He further mentioned that “Canada, Australia, Japan have become new markets for Bangladesh RMG, due to the trade benefits that they have provided, and we are focusing on these countries. We are also hopeful about the EU market.”

When Annis was asked about his role as the new president of BGMEA, he smiled his characteristic pleasant smile, which probably said, “Well, it’s a tough job!”

He explained that he was trying hard, along with the other members of the association, for the development of the entire textile sector, particularly the RMG sector.

“We have been persistently persuading the Government and the concerned authorities and spelling out the possible disaster the RMG sector could face from 2005. As a remedial measure we have suggested developing Central Bonded Warehouse (CBW) facilities and taking positive measures on Rules of Origin.” said Annis.

AnnisulWithPresident“The RMG sector in the country needs special attention from the Government to protect and promote this sector, which is a key source of revenue for the country. Some of the initiatives that could be taken are, trying to get duty free access to USA market, to allow establishment of Central Bonded Warehouse (CBW), lobbying for change in EU’s Rules of Origin to get full GSP facilities, reduction of Bank charges, shipping charges and insurance premium rates,” he added.

The president of BGMEA further explained, “China and India are considered as power houses, which will unleash in the post MFA era. That would pose as a major threat for Bangladesh, because they would have a marked edge in woven textile. On the other hand, only 20 per cent of the requirement of woven textiles in the country’s RMG sector can be met from local sources. We believe that introduction of CBW could decrease the lead time and increase price competitiveness.”

“We are trying, as much as an association can, to look for new markets for our products. BGMEA will organize fairs in Japan and Australia, who have recently provided trade benefits to Bangladesh, to introduce its products to the new customers. A fair was also organized in Canada.” Annis informed.

AnnisulAtPressHe also informed that this year, BATEXPO will hold seminars to discuss a number of important topics. A ten-member buyers’ delegation from the European Union, of the Euro Bangla Apparels 2005 project, under Asia invest II program, is likely to visit BATEXPO 2004. With a further note of hope, the President of BGMEA informed that the Managing Director, Southeast Asia, of WAL-MART, one of the most important buyers of apparel in the world will visit Bangladesh soon. This would be the first visit of any high official of WAL-MART to Bangladesh.

The sky was overcast with dark clouds on the day the reporter of Cotton Bangladesh met with Annisul Huq. He spoke of some dismal probabilities that resembled the cloudy sky. However, during the interview, he flashed his bright smile a few times, while he spoke about possibilities, only if appropriate strategies could be adopted.

Original Article is Published on : Cotton Bangladesh
By Saad F. Chowdhury

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Annisul Huq, President, SAARC Chamber & Chairman, Mohammadi Group

Annisul Huq is one of the celebrated Personalities of our trade, commerce and industrial arena. He is the President of Federation of Bangladesh Chamber of Commerce and Industry (FBCCI). Very recently he has been elected as the President of  SAARC Chamber of Commerce & Industry. A Former President of Bangladesh Garments Manufacturer and Exporters Association (BGMEA) Mr. Aminul Huq is the Chairman of Mohammadi Group. Born on, October 27,1952 at a village Goshbag of Sudharam Thana Under Noakhali district. His father’s name is Md. Shariful Huq. Annisul Huq did his Master in Economics from Chittagong University. His Mohammadi Group consists of 12 garments in which around five thousand people are working. The sister concerns of this group are; The Mohammadi Limited, Mohammad group Limited, Anirban Garments Limited, MG Shirtex Limited, MG Knit Fabrics Limited, Arrow Apparels Limited, Mohammadi Packages Limited, Techno-Vista Limited (one of the largest Software Development Company). He is Chairman, Boarding Vista Limited (A Joint Venture software Development Company with Denmark). Chairman MG Properties Limited, and chairman Desh Energy Limited, Mr. Annisul Huq served as President of Bangladesh Garments Manufacturer and Exporters Association (BGMEA) for two terms (2005 & 2006). He has also been on the Executive Committee board of BGMEA for 12 years. Mr. Huq played a significant role for the development of RMG sector when he was the President of BGMEA. He served as the only signatory & negotiator of the Minimum Wage. Board of Readymade Garments & Textile sector and negotiated for four months in 2006 to finalize minimum wage of garments & fully and enforced form October 22, 2006. He also initiated negotiation for duty free access of Bangladesh apparels and the formation of the 17 member Caucus of the members of the Senate and Congress of USA. Mr. Huq worked extensively for changing of European Union Rules of Origin favoring Bangladesh duty free access. Currently he has been serving as President of Sharif Rowshan Memorial Trust (Kabirhat Government College), Sharif Rawshan Welfare Foundation and also a Vice President of Rakeya Lutful Huq Memorial Trust and Maimuna Rashid Zohrul Huq Memorial Trust. He also carried out his responsibility as a Director of International Chamber of Commerce (ICC)

Alongside business Mr. Annisul is involed with extracurricular activities. He is very well-known to the mass people as a popular TV Presenter. Once he was a presenter of a popular program ‘Anandomela’. He also interviewed Prime Minister and other political leaders of the country in important national issues. He is a Commercially Important Person (CIP) of the government of Bangladesh

Original Article is Published on : Reflection News
June 29, 2011

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Annisul Huq set to become new chief of FBCCI

Annisul Huq is set to become the next president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), as his panel swept elections to the apex trade body. According to official results, Annisul’s panel bagged 19 posts of directors out of 24, while MA Rouf Chowdhury-led panel got only five directors’ seats.

With the 19 posts and his own one, Annisul has emerged as the majority panel. Annisul is a nominated director by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Annisul has also the majority supports from the nominated directors in the chamber and association groups. The election for the post of one president and two vice-presidents will be held at 4pm today.

There are 24 directors — 12 each from chamber and association groups — who are elected through direct balloting in first phase, and 14 other directors — seven each from the leading chamber and association groups — who are nominated by respective chambers and associations. The 38 directors elect a president and two vice-presidents in the second phase, for a two-year term.

�The voters gave their verdict in favour of us because of our sincerity, commitment and leadership quality. We need to keep our promises. We need to do a lot of things in the coming days for the country’s economy,� Annisul said talking to The Daily Star.

The result of the association group’s balloting was announced at dawn yesterday. Of the 12 directors, Annisul’s panel bagged eight posts, while Rouf’s grabbed the rest four posts.

Winners of Annisul-led panel from association group are Obaidur Rahman (882 votes) of Bangladesh Aluminium Manufacturers’ Association, Shafquat Haider (854 votes) of Bangladesh Association of Software & Information Services, Farukul Islam Shova (805 votes) of Bangladesh Dress Makers’ Association, Mohammad Jalal Uddin (715 votes) of Bangladesh Bread Biscuit and Confectionery Manufacturers Association, Anwar Hossain (692 votes) of Bangladesh Jewellery Manufacturers & Exporters Association, Abdul Haque (635 votes) of Bangladesh Reconditioned Vehicles Importers & Dealers Association, Abu Alam Chowdhury (625 votes) of Bangladesh Craft and Giftware Exporters Association, and Mohammad Belayet Hossain (621 votes) of Bangladesh Chemical & Perfume Merchant Association.

The winners of Rouf-led panel from association group are Jasim Uddin (767 votes) of Bangladesh Plastic Goods Manufacturers & Exporters Association, MA Rouf Chowdhury (645 votes) of Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association, Mir Nizam Uddin Ahmed (624 votes) of Bangladesh Electrical Association, and Dilder Ahmed (618 votes) of Bangladesh Jewellers’ Association.

Earlier on Monday night, Annisul’s panel clinched 11 seats out of 12 from the chamber group, while Rouf’s got only one post. On Monday, the voting took place amid huge enthusiasm among the business community, with around 93 percent turnout of voters. This year 1,551 voters — 316 from the chamber group and 1,235 from the association group — were enrolled.

Original Article is Published on : International Chamber of Commerce-Bangladesh
March 18, 2008

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Annisul Huq elected FBCCI president unopposed

Businessman Annisul Huq has been elected president of the Federation of Bangladesh Chambers of Commerce and Industry, according to official results released Wednesday.

Abul Quashem Ahmed of Tangail Chamber of Commerce and Industry has been elected the first vice president of the apex trade body.

Also elected was Abu Alam Chowdhury of Bangladesh Craft and Giftware Exporters Association as vice-president.

FBCCI election board chairman Ali Ashraf who announced the names of the winners said the three had been elected unopposed.

Golam Dastgir Gazi had signed up for the post of the first vice president and Obaidur Rahman for vice secretary but they had later withdrawn their nominations.

Ashraf said opponent MA Rouf Chowdhury, chairman of Bangladesh Edible Oil Refiners’ Association, proposed Huq’s name as president. Huq said the country’s politicians could learn a lesson from the FBCCI polls.

“My opponent Chowdhury proposed my name as president. It’s an example,” he said.

The FBCCI has an important role to play in economic development, Huq said.

“We will carry out our responsibilities collectively, keeping all disputes aside,” he said. Chowdhury also called for unity to contribute to economic development.

Original Article is Published on : Bangladesh News
Staff Correspondent
20 March 2008

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Annisul Huq set to become new chief of FBCCI

Annisul Huq is set to become the next president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), as his panel swept elections to the apex trade body.

According to official results, Annisul’s panel bagged 19 posts of directors out of 24, while MA Rouf Chowdhury-led panel got only five directors’ seats.

With the 19 posts and his own one, Annisul has emerged as the majority panel. Annisul is a nominated director by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Annisul has also the majority supports from the nominated directors in the chamber and association groups.

The election for the post of one president and two vice-presidents will be held at 4pm today.

There are 24 directors — 12 each from chamber and association groups — who are elected through direct balloting in first phase, and 14 other directors — seven each from the leading chamber and association groups — who are nominated by respective chambers and associations. The 38 directors elect a president and two vice-presidents in the second phase, for a two-year term.

“The voters gave their verdict in favour of us because of our sincerity, commitment and leadership quality. We need to keep our promises. We need to do a lot of things in the coming days for the country’s economy,” Annisul said talking to The Daily Star.

The result of the association group’s balloting was announced at dawn yesterday. Of the 12 directors, Annisul’s panel bagged eight posts, while Rouf’s grabbed the rest four posts.

Winners of Annisul-led panel from association group are Obaidur Rahman (882 votes) of Bangladesh Aluminium Manufacturers’ Association, Shafquat Haider (854 votes) of Bangladesh Association of Software & Information Services, Farukul Islam Shova (805 votes) of Bangladesh Dress Makers’ Association, Mohammad Jalal Uddin (715 votes) of Bangladesh Bread Biscuit and Confectionery Manufacturers Association, Anwar Hossain (692 votes) of Bangladesh Jewellery Manufacturers & Exporters Association, Abdul Haque (635 votes) of Bangladesh Reconditioned Vehicles Importers & Dealers Association, Abu Alam Chowdhury (625 votes) of Bangladesh Craft and Giftware Exporters Association, and Mohammad Belayet Hossain (621 votes) of Bangladesh Chemical & Perfume Merchant Association.

The winners of Rouf-led panel from association group are Jasim Uddin (767 votes) of Bangladesh Plastic Goods Manufacturers & Exporters Association, MA Rouf Chowdhury (645 votes) of Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association, Mir Nizam Uddin Ahmed (624 votes) of Bangladesh Electrical Association, and Dilder Ahmed (618 votes) of Bangladesh Jewellers’ Association.

Earlier on Monday night, Annisul’s panel clinched 11 seats out of 12 from the chamber group, while Rouf’s got only one post.

On Monday, the voting took place amid huge enthusiasm among the business community, with around 93 percent turnout of voters.

This year 1,551 voters — 316 from the chamber group and 1,235 from the association group — were enrolled.

Original Article is Published on : The Daily Star

March 19, 2008

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Annisul Huq

How does the recent success of being elected as the FBCCI president feel? How has your life changed since then?
Winning elections can be euphoric and a humbling experience at the same time. It feels great to have won the support of the business community, but there’s also a huge sense of responsibility that pushes me 24/7. My life, today, is all about less hours of sleep, more hours of seminar, more sessions of brain storming and whirlwind meetings.

As the former BGMEA chief, what were some of the challenges that you faced?
The biggest challenge was the issue of minimum wage. In a world where we are plagued by inflation and price hikes, it’s incredibly difficult to set limits on wages. Yet, since the garments sector depends hugely on price competitiveness, there were multiple factors which had to be considered and appropriate checks and balances had to be put in place.

How do you see the worker’s unrest, clashes and the on going criticisms concerning the garment owners and the overall system?
If you closely follow the developments of workers’ unrest, you will very often realise that more stories are done on a negative incident. There is more hype on negatives and nearly zero or nothing on the positives. The unrests are at times is justified, yet there are also times when a bus tragedy has been enough to have the workers resorting to a frenzy resulting in damaging any and every factory that’s situated close to the spot. Would I call it a reasonable outburst? No.
Hence as much as all the criticisms are not well founded, there are also incidents where the factory owner has actually defaulted. There are grey areas at both the ends.

Where do you feel the problem of this on-going clash lie?
The problem of this clash lies mostly on the workers’ resentment and their inability to cope well with what they take home, at the end of the day. At the same time, the owner too, is facing a competitive world that disallows him to be more generous. The export volume may be on the rise, but the margins are all gone anyway. In such a situation, where the Catch-22 parallel can be drawn, there must be an efficient bridge between the two parties. We need to address our workers directly and not allow any other intervention to take place.

What are your views concerning the BGMEA Bhaban that was constructed o n a protected wetland in the city and is subject to a debate over whether it should be demolished? How do you think the impact will be?
The impact will not be positive for sure. The Bhaban was endorsed by two former prime ministers; the BGMEA has already been penalised for the loopholes that it earlier had. Therefore, even after legalizing, if the question of demolishing persists, the business community will be demoralised.

Before the state of emergency was imposed, a number of businessmen had requested for the state of emergency to be announced so as to bring peace in the country and bring a stop to the damages done to businesses. Where you a part of it? How do you look at the impact of this imposition today?
No businessman wants his factory to be vandalized. No businessman wants to face road blocks when he/she is attempting to export an urgent shipment. No one wants a disaster that violates the calendar of commerce. With the imposition of the emergency, hartals and road blockades had ended. But any conscious citizen opts for democracy. I am no exception to this.

What are your views concerning the present political economy in Bangladesh?
We would want more investments to pour in and this has not happened. It is natural for business communities around the world not to invest in a transitional climate and therefore sufficient FDI’s have not blessed our economy yet. With the new budget around and with the hope for the elections in December, Bangladesh may just see a new dawn in terms of economic progress. Going forward, business community would want to see timelier and a more focused negotiations and interventions from the administration in case of a crisis.

Your life as a television anchor was indeed very successful- when you look back to those times, what are the best times and lessons that you learned?
Media has taught me how to cherish spotlight and how not to let any viewer or any audience down. This has left reflections on my professional path as well. I think of any transaction as a transparent and a commitment dialogue. One can’t cheat the camera and similarly, one can’t fool the common eye either. For me, the best is only what happens today.

How did you shift away to a different sector? Do you feel it was a good decision?
I did not shift to a different sector. I was a young man back in the 80’s and media was a passion. But along with age, during mid-80’s, there were responsibilities to be taken care of and I had to choose a career. I have, in reality never disassociated myself from television. I have always been a part of that virtual reality.

Throughout the time, you have played many roles- anchor, owner of Mohammadi group, BGMEA chief, president of FBCCI and many more. Which one made you feel the happiest and satisfied? How so?
I am happiest being ‘me’. None of my roles are conflicting. They all belong to the same package. I am all of them rolled into one.

Original Article is Published on : Tahmina Shafique

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Annisul Huq, President, SAARC Chamber & Chairman, Mohammadi Group

Annisul Huq is one of the celebrated Personalities of our trade, commerce and industrial arena. He is the President of Federation of Bangladesh Chamber of Commerce and Industry (FBCCI). Very recently he has been elected as the President of SAARC Chamber of Commerce & Industry. A Former President of Bangladesh Garments Manufacturer and Exporters Association (BGMEA) Mr. Aminul Huq is the Chairman of Mohammadi Group. Born on, October 27,1952 at a village Goshbag of Sudharam Thana Under Noakhali district. His father’s name is Md. Shariful Huq. Annisul Huq did his Master in Economics from Chittagong University. His Mohammadi Group consists of 12 garments in which around five thousand people are working. The sister concerns of this group are; The Mohammadi Limited, Mohammad group Limited, Anirban Garments Limited, MG Shirtex Limited, MG Knit Fabrics Limited, Arrow Apparels Limited, Mohammadi Packages Limited, Techno-Vista Limited (one of the largest Software Development Company). He is Chairman, Boarding Vista Limited (A Joint Venture software Development Company with Denmark). Chairman MG Properties Limited, and chairman Desh Energy Limited, Mr. Annisul Huq served as President of Bangladesh Garments Manufacturer and Exporters Association (BGMEA) for two terms (2005 & 2006). He has also been on the Executive Committee board of BGMEA for 12 years. Mr. Huq played a significant role for the development of RMG sector when he was the President of BGMEA. He served as the only signatory & negotiator of the Minimum Wage. Board of Ready made Garments & Textile sector and negotiated for four months in 2006 to finalize minimum wage of garments & fully and enforced form October 22, 2006. He also initiated negotiation for duty free access of Bangladesh apparels and the formation of the 17 member Caucus of the members of the Senate and Congress of USA. Mr. Huq worked extensively for changing of European Union Rules of Origin favoring Bangladesh duty free access. Currently he has been serving as President of Sharif Rowshan Memorial Trust (Kabirhat Government College), Sharif Rawshan Welfare Foundation and also a Vice President of Rakeya Lutful Huq Memorial Trust and Maimuna Rashid Zohrul Huq Memorial Trust. He also carried out his responsibility as a Director of International Chamber of Commerce (ICC)

Alongside business Mr. Annisul is involed with extracurricular activities. He is very well-known to the mass people as a popular TV Presenter. Once he was a presenter of a popular program ‘Anandomela’. He also interviewed Prime Minister and other political leaders of the country in important national issues. He is a Commercially Important Person (CIP) of the government of Bangladeshsince 1992.

Original Article is Published on : bizbdnews.com

Link to the Original Article

Beyond a Family Business

Sewing Floor - Shirtex
Mohammadi Group’s customers include Zara, H&M, Esprit, Sears, Wal-Mart and Target

Mohammadi Group, one of the leading garment manufacturers in Bangladesh today, has broadened its base to include various other lines of business

If Bangladesh’s ready-made garment (RMG) sector ever had a cheap connotation tied to it, it is well on its way out, thanks to the efforts of high-quality manufacturers such as Mohammadi Group (MG).

“It’s time for Bangladesh to re-brand itself as a producer of higher value added items,” says the group’s Chairman, Annisul Huq, adding that the entrepreneurs of the RMG sector have risen above the challenges of natural disasters and labor issues to sustain growth in the sector. “Nothing deters our spirit. The resilience comes from our need to survive and compete in today’s world with excellence,” he says.

MG was initially established in 1986 by four friends who scraped together just enough capital, with 52 people working a two-line factory in the Lalbagh area of Dhaka. “We had no cash to invest, so I borrowed money from my father’s pension account, my friends pawned their wives’ jewelry and a cousin decided to fund a portion,” recalls Mr. Huq.

In the mid-90s, the four partners split the business, each setting up their own garment manufacturing companies. Mr. Huq went into business with his wife Rubana, who serves as MG’s Managing Director. Their son, Navid, runs the sweater division.

From these humble origins nearly 30 years ago, the group has expanded into a 26-line business that produces monthly 750,00 pieces of ready-made woven garments, 300,000 sweaters, and 250,000 pieces of lingerie. The group’s portfolio of international customers includes some of the most recognized names in Europe and the U.S.

Not only is Mr. Huq at the helm of a thriving company, he is also a prominent figure in the business community, having served as President of the Bangladesh Garment Manufacturers Exporters Association (BGMEA), President of the SAARC Chamber of Commerce and Industry (SCCI), and President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

“Leading all these organizations helped me gain a better vision of a global business scene and my roles enabled me to look beyond just my company,” he says.
Mr. Huq’s vision has led him to look beyond the RMG sector and to diversify into IT, power, media and real estate. He even plans to enter agriculture soon.

His firm Technovista is one of the largest software and IT services companies in Bangladesh, and has gone into partnership with a Danish company to open Boarding Vista Ltd, an IT and DTP service solution provider. In the energy sector, MG co-owns two 110MW power plants with Desh Energy. In other areas, MG Properties Ltd. focuses on providing one-stop services – all the way through to interior design.

Business aside, the group is also concerned with the human aspect. MG’s Sharaf’er Pathshala School provides free education to the factory workers’ children. “My goal is to replicate this initiative in all of our factories and to cajole a few of our colleagues to set up a similar school in their manufacturing units, as well,” says Mr. Huq.

Original Article is Published on : The World Folio

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