BGMEA chief requests EU for extended transition period

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has urged the European Union to extend the transition period of GSP from the current three years to six years, report UNB.He said the extension would help Bangladesh to prepare well for smooth graduation from the LDC category and continue...

Read more

PayPal to be launched in country soon: Palak

BAGERHAT, May 12 (BSS) : State minister for ICT Division Zunaid Ahmed Palak today said popular international online payment gateway system PayPal will be launched in the country very soon."Prime Minister has taken the initiative in this regard as it is the ardent demand of the freelancers," he said while...

Read more

In Malaysia, migrants in limbo after promised jobs fall through

KUALA LUMPUR, May 12 (Reuters): Stranded without work for months, hundreds of South Asian migrants in Malaysia say they are losing hope after failing to find jobs promised to them by recruitment agents in exchange for thousands of dollars in fees.At a students' dormitory about 40 km (25 miles) from...

Read more

Lankan businessmen keen to boost investment in Bangladesh: Khalid

State Minister for Shipping Khalid Mahmud Chowdhury said on Friday Sri Lankan businessmen are interested to increase their investment in Bangladesh, reports BSS."Sri Lankan businessmen want to increase investment in Bangladesh. They are interested in investing in Payra port. A delegation will visit Payra port," he said.The state minister said...

Read more

China inflation grows at slowest rate in over two years

BEIJING, May 12 (AFP) : China's inflation rate edged up 0.1 percent year-on-year in April, the slowest rate recorded since 2021, official figures showed Thursday, signalling a weak recovery after lifting pandemic curbs.Producer prices fell for the seventh consecutive month due to sluggish domestic demand and lower commodity costs, data...

Read more