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Move to bring cement under jute packaging act

A move is underway to bring the cement industry under the mandatory jute packaging act with a view to increasing the use of jute bags in the country.To this end, a sub-committee under the technical committee of the Ministry of Textiles and Jute collected samples of jute bags, official sources...

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RMG workers demand minimum monthly wage of Tk 16,000

Labour rights activists have demanded Tk 16,000 as minimum monthly wage and 10 per cent annual increment for the garment workers of the country. They also called on the government to meet their demand by next month. Six labour rights organisations placed the demand at a press conference at Dhaka...

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Japanese investors upbeat about investment climate in BD

Japanese investors who have stakes in Bangladesh have shared their positive experiences to encourage their peers to invest in the country, reports bdnews24.com.They underlined the challenges facing Bangladesh but said there are enough advantages for investing in the country which is implementing a major reform package to ease doing business."There...

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130m use mobile phones, 70m internet in country

CHATTOGRAM, May 16: Bangladesh is set to become a middle-income country free from poverty and hunger through implementation of the 10 special initiatives of Prime Minister Sheikh Hasina by 2021, officials said.The government has set its sights on bringing down the extreme poverty rate to 8.0 per cent by the...

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DMCB opens 127th branch in Ctg

The Dhaka Mercantile Co-operative Bank Limited (DMCB) opened its 127th branch (Kalurghat Branch) at Chandgaon in Chattogram city recently, says a statement.Chairman of the bank Group Captain (Retired) Abu Zafar Chowdhury attended the Kalurghat Branch inauguration ceremony as the chief guest.Speaking on the occasion, he said: "Through this branch, we...

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News Briefs-(17-5-2018)

Seminar on flower industry Speakers at a seminar on Wednesday said Bangladesh has the potential to boost its flower industry. Dhaka Chamber of Commerce and Industry (DCCI) with the support of United States Agency for International Development (USAID)'s Agriculture Value Chains (AVC) Project organised the seminar on ‘Investment opportunities in...

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Trump administration faces crunch week on trade

WASHINGTON, May 16 (AFP): President Donald Trump's trade team faces a crunch week as they juggle talks on multiple sensitive issues representing hundreds of billions in trade amid pressing deadlines.High-stakes negotiations will take place with China, the European Union (EU) and Washington's two North American Free Trade Agreement (NAFTA) partners.And...

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E-commerce in APAC thriving, but online fraud risk rocketing

SINGAPORE, May 16: E-commerce in the Asia-Pacific is booming with 71 per cent of APAC consumers making online purchase -- but so is the risk of fraud, with one in five customers already falling victim, says a Media OutReach, release.These are among the headline findings of the Digital Consumer Insights...

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Scam-hit lender posts largest ever Indian bank loss

MUMBAI, May 16 (AFP): Shares in fraud-hit Punjab National Bank plunged more than 12 per cent on Wednesday after it posted the largest ever quarterly loss for an Indian lender.PNB, the country's second-biggest state-run bank, has been reeling since announcing in February that it had been the victim of a...

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Pakistan's external debt rises

ISLAMABAD, May 16 (Reuters): Pakistan's external debt and liabilities (EDL) increased by about 10 per cent to $91.7 billion in the nine months to April, the central bank said, amid growing pressure on the government to rein-in a yawning current account deficit.Pakistan's economy, growing at its fastest pace in 13...

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DHL wins 'Best Logistics Service Provider - Express' award

SINGAPORE, May 16: DHL affirmed its position as the world's leading logistics company when it was conferred Best Logistics Service Provider - Express for the 29th time at the 30th Asian Freight, Logistics and Supply Chain Awards (AFLAS), reports Media OutReach.The award was presented to DHL at a ceremony held...

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School Banking Conference 2018

Managing Director and CEO of Midland Bank Md Ahsan-uz Zaman posing with students at the School Banking Conference 2018 organised by Bangladesh Bank on the Dhaka Residential Model School & College premises in the city recently

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Indo-UAE Business & Social Forum 2018

Managing Director of Technomedia Limited Joshoda Jibon Debnath receiving an award at Indo-UAE Business & Social Forum 2018 and Fourth Edition of World's Greatest Brands & Leaders Asia & GCC 2017-18, organised by the URS Media Consulting P.L. and AsiaOne Magazine in Dubai recently

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Inaugural ceremony of DMCB Kalurghat Branch

Dhaka Mercantile Co-operative Bank Limited (DMCB) Chairman Abu Zafar Chowdhury and Vice-chairman Syed Ali Mokarrum posing with others at the inaugural ceremony of its Kalurghat Branch in Chattogram recently

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A visiting team of Royal College of Defence Studies of the United Kingdom

A visiting team of Royal College of Defence Studies of the United Kingdom led by Maj Gen (retd) Simon Leslie Porter posing for photos along with Bando Design Ltd Managing Director Md Imranur Rahman after visiting the garment factory of the Bando Design at Savar on Wednesday

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