Market demand and employability
The suggestion that the country's readymade garments (RMG) sector can remain competitive only if it moves up the value chain and goes for enhancement of its negotiation capacity is worth noting. Then how does the RMG moves up the value chain? To do so the industry has to create its...
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Use of Yuan in foreign exchange transactions
Bangladesh Bank has finally permitted the commercial banks to open foreign currency clearance accounts in Yuan, the Chinese currency. The permission was long overdue. Yuan won a slot in the Special Drawing Rights or SDRs, the basket of reserve currencies of the International Monetary Fund (IMF), two years back. Since...
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Priority to setting up more economic zones
The government has launched an ambitious programme to set up 100 new economic zones (EZs) to generate 10 million new jobs, earn $40 billion in additional exports and attract $20 billion in foreign direct investment (FDI) -- all by 2030.Besides creation of new jobs, the EZs are expected to boost...
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High migration cost is harming the economy
The migration cost of a Bangladeshi male migrant worker to any country within Asia or Middle East is more than Tk 300,000. According to latest reports published by the dailies, it takes male migrant workers nearly three years to recover this cost. A recent study has found that remittance from...
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UGC should rank universities
This is in reference to an editorial on performance of local universities published in the Financial Express on October 29, 2018.It is a matter of great dissatisfaction that not a single university from Bangladesh was among the top 100 universities of Asia. Quacquarelli Symonds (QS) ranked the universities of Asia...
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