RMG sector sees strong export growth in 2018
The garment sector has witnessed a substantial growth in exports this year with fixing the majority of workplace safety hazards except year-end labour unrest ahead of the national election. Export earnings from the country's readymade garment (RMG) including knit and woven items stood at $30.02 billion during the first eleven...
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Non-food inflation at play in 2018
The month-on-month inflation rates on a point-to-point basis for food and non-food items were behaving erratically throughout the year 2018, analysts said.The inflation rate for non-food items rose significantly for months.It, however, fell for food items during the same period, according to the latest data of the Bangladesh Bureau of...
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An impetus added to LNG import
Bangladesh started importing 'expensive' LNG (liquefied natural gas) in 2017 to meet the mounting domestic demand by expanding the country's energy sources.Currently, the state-run Petrobangla has been re-gasifying around 330 million cubic feet per day (mmcfd) of LNG at the Excelerate Energy's floating, storage and re-gasification unit at Moheshkhali Island...
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Fall in jobs, rise in returnees too
Bangladesh witnessed a two-pronged challenge in its migratory human resources in 2018 -- a drastic fall in overseas employment and a radical rise in the number of returnees.Outbound jobs in both male and female categories shrank radically in the outgoing year.New policies, economic reforms, slow development work and workplace exploitations...
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Farmers look to 2019 for better price deal
For the peasantry 2018 was a bonanza year with buoyant agriculture output but, by the same token, it was a period of low prices of the staples they grew.Farmers and officials said traders and importers reaped the benefits of larger agro-output, thus depriving both cultivators and consumers.Growers started the year...
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