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Emerging Economies Offer Great Opportunities, Say Experts

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Emerging Economies Offer Great Opportunities, Say Experts

JCI North organized a seminar titled “Development Opportunities in Emerging Economies and Roadmap for Scholarship and Funding” on 25 May 2024 at the EMK Center, Gulshan, Dhaka. The event featured Dr. Laura E. Kodres, former IMF Assistant Director and Associate at the Global Center for Finance and Policy, as the main presenter.

The seminar also included insights from several distinguished discussants: Prof. Dr. Abdul Hannan Chowdhury, former dean of the School of Business and Economics (SBE) at North South University (NSU); Ifty Islam, Chairman of Asian Tiger Capital Partners; M. Shaifur Rahman Mazumdar, FCA, FCMA, Managing Director of Chittagong Stock Exchange PLC (CSE); M.S. Siddiqui, Chief Executive Officer of Bangla Chemicals and Legal Economist; and Md. Nazmul Hasan, Associate Professor at the University of Dhaka. Md. Minhaz Bin Salim, a member of the Board of Directors of JCI Dhaka North, moderated the event.

Dr. Kodres highlighted the crucial role of central banks in maintaining investor trust through prudent monetary policies. She emphasized that central banks ensure financial stability by overseeing commercial banks, safeguarding depositors’ funds, and facilitating productive lending. In a globalized world, the central bank’s mandate extends to maintaining the value of money, thus fostering financial stability when depositors receive their funds back with interest. She also touched on topics such as inflation, infrastructure, stock markets, and the private sector, noting the high potential in emerging economies if opportunities are understood and utilized effectively.

Prof. Dr. Abdul Hannan Chowdhury stressed the importance of creating a supportive environment for entrepreneurs, stating, “The country has yet to create an atmosphere where entrepreneurs can easily start their businesses. Ease of doing business is crucial for Bangladesh to support entrepreneurs.”

Ifty Islam discussed the potential of financial technology to attract more investors with diverse products at low costs, leading to significant returns. He envisioned a future where digital wallets could transform ordinary citizens into active investors in the stock market, thus increasing the number of trading accounts.

M. Shaifur Rahman Mazumdar emphasized the need for comprehensive policy support in the capital market. He pointed out that policymakers need to address tax GDP issues and provide targeted policies for sectoral development, specifically in the capital market, to ensure robust regulatory structures.

M.S. Siddiqui addressed market manipulation issues, noting that many companies fail to pay dividends, which manipulators exploit. He highlighted the need for regulatory vigilance to prevent sudden, unjustified increases in share prices. He also critiqued the regressive policies affecting the SME sector despite its potential.

The seminar also featured a panel discussion moderated by Md. Minhaz Bin Salim, who presented a brief on the “Roadmap of Scholarship and Funding” to the guests. Experts underscored the impact of technology on Bangladesh’s financial sector, noting that proper technology use could enhance customer trust and increase investments.

The event attracted participants from reputed universities and organizations, with over 100 attendees joining via Zoom and in person. The seminar aimed to impart expert knowledge to newcomers, shaping the next generation of economic experts. The program concluded with a vote of thanks from JCI National President Imran Kadir.

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JCI Dhaka West Unveils New Leadership Team for 2026

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Junior Chamber International (JCI) Dhaka West has announced its new New Leadership Team for the year 2026, with Subah Afrin elected as Local President and Md Tanvir Hasan as Secretary General.

The executive committee was formed during the General Assembly of JCI Dhaka West, held on Tuesday (December 23) in Gulshan, Dhaka.

The newly announced board includes Sujaur Rahman Emon as Immediate Past Local President, Md Saddam Hossain and Audrika Eshna Purbasha as Executive Vice Presidents, Md Sameen Rahman as Vice President, Masud as Treasurer, and Ibrahim Khalil Foysal as General Legal Counsel.

Other office bearers include Ahmed Wazedul Haque Khan as Training Commissioner, Asia Binta Amanat Sumi as PR and Media Chairperson, Jobayer Ahmed Sakib as Digital Committee Chairperson, Md Tanvir Hossain as International Affairs Chairperson. The committee also includes Directors Abdur Rahman Khan Bappy, Tanvir Sohan, Yasir Shahriar and Ahnaf Ahmed. Committee Chairs appointed for 2026 are Sheikh Mahmuda Sultana Sara, Minhatul Jannat, Rayan Islam Sardar and S M Shafiul Alam Sakib.

The election process was conducted under the supervision of SM Belal Uddin, National Vice President of JCI Bangladesh and 2024 Local President of JCI Dhaka West, who served as the Election Commissioner.

The event was attended by Arefeen Raafi Ahmed, newly elected 2026 National President of JCI Bangladesh, Kazi Fahad 2025 National President, along with members of the National Board and several Local Presidents from different chapters.

JCI is a global organization of young active citizens aged 18 to 40, headquartered in St. Louis, Missouri, USA. Operating in more than 120 countries with over 200,000 members worldwide, JCI focuses on developing leadership, skills and civic responsibility among young people. In Bangladesh, JCI has over 40 Local Organizations, among which JCI Dhaka West is one of the oldest and largest chapters.

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International Media Explores Yunnan’s Treasures on Cultural and Ecological Journey

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Mohammad Saiyedul Islam, China: A diverse delegation of international experts, journalists, and social media influencers concluded a captivating week-long exploration of China’s Yunnan province. The immersive tour, jointly organized by the Yunnan Provincial Department of Culture and Tourism and China Daily, showcased the region’s rich tapestry of ethnic culture, historical heritage, volcanic wonders, and serene landscapes.

The journey provided participants from various countries, including Bangladesh, with a first-hand experience of Yunnan’s multifaceted appeal, blending rural revitalization stories with natural splendors.

The expedition began in the captivating Shimao Village, where the group delved into the narrative of the village’s remarkable transformation. Attendees immersed themselves in the unique cultural heritage and daily life of the Wa people, gaining insights into the community’s traditions and their harmonious development within modern China.

The itinerary then led to the volcanic region of Tengchong. At the Tengchong Hot Sea, participants experienced renowned geothermal wellness at the Beauty Pool Hot Spring Hotel, where they relaxed in the mineral-rich waters. The geological wonders continued at the Tengchong Volcano and Geothermal National Geological Park. Here, the delegation witnessed majestic volcanic landscapes, with some taking to the skies in hot-air balloons for panoramic views and others hiking up the iconic Little Sky Mountain for a closer look at the ancient craters.

Seeking autumnal tranquility, the group visited the picturesque Ginkgo Village, where they enjoyed the stunning golden scenery of ancient ginkgo trees, a spectacle that highlights Yunnan’s seasonal beauty and idyllic rural charm.

The cultural and historical depth of the region was further unveiled in Heshun Ancient Town. The delegation visited the century-old Heshun Library and the revered Wenchang Palace, symbols of the town’s deep-rooted scholarly tradition. A tour of the former residence of Ai Siqi, a prominent Marxist philosopher, added a layer of modern historical significance to the visit.

The international delegates, armed with cameras, notebooks, and social media platforms, documented their experiences extensively. They expressed particular admiration for the seamless integration of cultural preservation, ecological conservation, and community development they witnessed.

“This tour was an eye-opener,” remarked Nuruzzaman Kafi, a social media influencer from Bangladesh. “From the vibrant culture of the Wa people to the breathtaking power of the volcanoes and the profound historical atmosphere of Heshun, Yunnan offers a truly layered and unforgettable experience. It’s a powerful story of natural and cultural heritage being cherished and shared.”

Officials from the Yunnan Provincial Department of Culture and Tourism stated that such exchanges are vital for fostering international understanding and showcasing Yunnan’s role as a key destination for sustainable and cultural tourism. They believe the delegates’ firsthand accounts and wide-reaching influence will help a global audience discover the unique charms of “Colorful Yunnan.”

The successful tour is expected to generate positive international media coverage and digital content, further elevating Yunnan’s profile as a premier travel destination that celebrates diversity, history, and natural beauty.

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Guangxi invites global travellers to discover its scenic, cultural treasures

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China Correspondent: A new chapter in Guangxi’s tourism development unfolded on Dec 2, as a themed flight from Beijing touched down at Nanning Wuxu International Airport.

The flight’s arrival marked the official launch of a joint tourism initiative, “The Next Station, Guangxi,” by the Department of Culture and Tourism of Guangxi Zhuang Autonomous Region, Air China, and China Daily, aiming to showcase Guangxi’s spectacular karst landscapes, ethnic traditions, and local charm to global travelers.

Air China’s Flight CA1311 functioned as a “flying cultural experience of Guangxi”, giving passengers an immersive sneak peek into the region’s unique appeal.

From check-in to landing, travelers were surrounded by Guangxi’s cultural elements: dedicated service counters with Guangxi-themed backdrops for photo opportunities, custom-made bilingual boarding passes that doubled as collectibles, and cabin interiors adorned with stickers featuring the region’s iconic landscapes and ethnic patterns.

In-flight entertainment systems looped promotional videos, allowing passengers to glimpse the “unmatched natural and cultural beauty” awaiting them in Guangxi.

Over the next seven days, a delegation of international and domestic travel influencers, vloggers, and media journalists will embark on an exploratory tour of Guangxi’s key attractions.

Their itinerary includes experiencing the vibrant atmosphere of Nanning’s night markets, where the city’s “night economy” thrives; visiting Hechi’s Bama — a world-renowned “longevity town” — to uncover the secrets of healthy living.

Then they’ll travel to Yizhou in Hechi, the hometown of legendary folk singer Liu Sanjie, to listen to melodious local mountain songs; and explore Guilin’s iconic karst mountains and rivers, which have inspired poets and artists for centuries.

Beyond the Beijing-Nanning route, tailored themed flights connecting Shanghai and Guangzhou to Guangxi are also in the pipeline. These routes will create seamless transfer options for international travelers via China’s major aviation hubs, further facilitating access to the region.

To enhance the appeal of traveling to Guangxi, a series of practical incentives has been rolled out.

Individual travelers who book Air China transfer tickets to Guangxi by December 31, 2025, can enjoy an exclusive 4 to 8 percent discount for travel before March 26, 2026. Specific terms and conditions are available through Air China’s official channels.

Travel agencies can access subsidies until January 5, 2026. Eligible firms organizing inbound groups via charters or block bookings qualify for up to 70,000 yuan ($9,660) per charter, or 700 yuan per person for groups of five or more from overseas and China’s Hong Kong, Macao, and Taiwan regions.

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