Yasir Wardad | 2014-12-09 00:00:00
Bangladesh's jute and jute goods exports to India may be hit hard after the neighbouring country has moved to phase out a law governing jute use, exporters fear. Indian English newspaper The Hindu on Saturday reported the government of India...
FE Report | 2014-12-09 00:00:00
Experts on Monday recommended establishment of a 'global secretariat' with representatives of buyers, suppliers and workers to look into wages, prices and production cost-related issues of readymade garment (RMG) industry. The suggestion came at a seminar on 'Reinventing the Apparel...
Shah Alam Nur | 2014-12-09 00:00:00
Some 0.3 million illicit connections along some 250-kilometre pipelines under a state-owned company are gobbling up a huge amount of gas, affecting mainstream industrial production and household usage, officials and industry leaders said. Most of the illegal gas-distribution channels are...
Four companies from the country's readymade garment (RMG) sector have joined the "Partnership for Sustainable Textile" initiated by German Federal Development Minister Dr Gerd Mueller. The four companies are: DBL Group, Niagara Textiles Ltd, Saiham Knit Composite Ltd. and JMS...
Janata Bank gets new chairman Shaikh Md Wahid-uz-Zaman has recently joined Janata Bank Limited as its chairman. He is a former principal secretary of the Prime Minister's Office. He joined the Bangladesh Civil Service (Admin) Cadre in March, 1979. He...
Monira Munni | 2014-12-09 00:00:00
Local apparel manufacturers have started getting financial support from the IFC-VF Corporation for addressing fire, electrical and structural flaws of inspected readymade garment (RMG) units. Under a joint remediation support, the IFC and the VF disbursed the first round of...
Qatar has proposed to open an office in Bangladesh to boost its export, especially urea fertiliser, liquefied natural gas (LNG) and petrochemical products. Qatar Ambassador in Dhaka Abdullah Abdul Aziz Al Mana came up with the proposal when he met...
M/s HM Zipper (BD) Company Limited, a Chinese company, is going to establish a zipper manufacturing industry involving US$8.0 million in Mongla Export Processing Zone (EPZ). In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA)...
Bangladesh Petroleum Corp (BPC) has finalised imports of 2.5 million tonnes of gasoil and 840,000 tonnes of fuel oil with 10 suppliers for 2015, two company sources said Monday, reports Reuters. State-owned BPC imported 2.85 million tonnes of gasoil and...
Bangladesh delegation is making its sincere efforts at the Peru World Climate Summit as one of the world's most vulnerable countries to adverse impact of climate change aiming to get maximum benefit from the summit. It is vital for vulnerable...
Bangladesh Bank (BB) has relaxed the rules for transaction in taka-denominated accounts owned by foreign citizens who once resided in Bangladesh, but now live in their home country. According to a circular of the central bank issued on Monday, such...
JAKARTA, Dec 8 (Reuters): Indonesia is planning to review the running of its state-owned enterprises (SoEs), a minister said on Monday, the latest move in a series of reforms aimed at boosting confidence in Southeast Asia's biggest economy. State Enterprises...
BEIJING, Dec 8 (AFP): China's stuttering economy suffered another blow in November as export growth slowed sharply and imports surprisingly contracted, government data showed Monday, resulting in a record monthly trade surplus. Exports from the world's second-largest economy expanded 4.7...
SHANGHAI, Dec 8 (AFP): The world's largest container vessel, the CSCL Globe, set off Monday on its maiden voyage to Europe from Shanghai, ship owner China Shipping Container Lines (CSCL) said. The giant 400-metre long, 60-metre wide vessel sailed from...
TOKYO, Dec 8 (Reuters): Japan's economy shrank more than initially reported in the third quarter on declines in business investment, data showed on Monday, surprising markets and backing premier Shinzo Abe's recent decision to delay a second sales tax hike....
JOHANNESBURG, Dec 8 (AFP): South Africa's current account deficit narrowed slightly to six percent in the third quarter, the Reserve Bank said Monday as growth remained sluggish, with lower export volumes. Economists had forecast a 5.8 per cent shortfall. The...
BERLIN, Dec 8 (AFP): Industrial production in Germany saw a slight boost in October after a strong rise the previous month, according to data released Monday, pointing to a stabilisation of the sector. Industrial output climbed 0.2 per cent in...
Hasnat Abdul Hye | 2014-12-09 00:00:00
Bangladesh has been a member of the least developed countries (LDCs) ever since its emergence as an independent country. It has given leadership to the group which has been helpful in negotiations to extract concessions and economic assistance from developed...
Ahsan Mansur concluding his article titled \'Three challenges for the Bangladesh Bank to manage\' | 2014-12-09 00:00:00
Effectiveness of liberalisation of foreign currency (FC) borrowing remains an issue in the country. The main reasons for the private sector to seek foreign loan is the interest rate differentials between foreign currency-denominated (international) borrowing and taka-denominated borrowing from domestic...
Khawaza Main Uddin | 2014-12-09 00:00:00
Residents of Dhaka city should be rewarded for their patience and tolerance shown on the streets every day! Spending hours in traffic congestion, inhaling dust and polluted air, facing hassles in public offices and extortion, consuming adulterated foods, suffering from...
Mohammad Amjad Hossain from Virginia, USA | 2014-12-09 00:00:00
There seems to be a reawakening in the 22-member Arab League as it has endorsed the proposal of the Palestinian Authority to press for a vote on its Draft Resolution to recognise the state of Palestine by the United Nations...
M. Serajul Islam | 2014-12-09 00:00:00
There was a great deal of media hype leading to the visit of Nisha Desai Biswal, US Assistant Secretary of State for South and Central Asian Affairs, to Dhaka but not much following the visit. The US government had questioned...
Chloe Angyal for Reuters | 2014-12-09 00:00:00
Generally speaking, Americans understand reproductive rights as being about abortion, and sometimes, about birth control. In the mainstream understanding, reproductive rights are about the right to prevent or end unwanted pregnancy. But reproductive rights are about more than pregnancy. Reproductive...
"Foreigners had imposed an unjust and wrong history and geography on South Asia. Bangabandhu had opened the way to its correction by creating a nation-state. He was a beacon for all freedom-loving people, everywhere, and an inspiration not for Bengalis...
Prime Minister (PM) Sheikh Hasina donated Tk 60 million to the National Institute of Burn and Plastic Surgery (NIBPS) of Dhaka Medical College Hospital (DMCH) to procure hyperbaric oxygen therapy (HBOT) for critically injured patients, reports UNB. The PM handed...
Pro-BNP student leaders of Dhaka University Central Students Union (DUCSU) and All- Party Students Unity (APSU) of the 90s announced Monday to hold a convention in the city on December 18, claiming that BNP chairperson Khaleda Zia will give directions...
Our Correspondent | 2014-12-09 00:00:00
CHITTAGONG, Dec 8: Chittagong city Awami League has warned its treasurer and chairman of Chittagong Development Authority (CDA) Abdus Salam of violating discipline in the party and anti-organisation activities. A letter of the party in this connection has been sent...
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