Inclusive growth, competitiveness top agenda in India summit
The World Economic Forum, in partnership with the Confederation of Indian Industry (CII), is hosting the India Economic Summit in New Delhi this week on 4-6 November.
Under the theme, Redefining Public-Private Cooperation for a New Beginning, the summit convenes against a backdrop of significant economic growth and progress in reducing poverty in most parts of India, but also persistent inequality. The programme is built on three pillars: Boosting Global Competitiveness; Launching a Domestic Systems Reset; and Scaling Local and Social Innovation. More than 700 leaders from business, government, civil society and academia from 45 countries will take part.
Press conference on Expo Milano 2015 held in city
N M Enterprise hosted a press conference on the occasion of Expo Milano 2015 – Italy at Dhaka Regency Hotel & Resort, Grand summit 02 (Level -6) on 2nd November 2014 at 6.00pm. This Press Conference was managed by Redcarpet365 Ltd.
Expo Milano 2015 is a non-commercial Universal Exposition with some very unique and innovative features. Not only is it an exhibition but also a process, one of active participation among a large number of players around the theme of Feeding the Planet, Energy for Life. It is sustainable, technological, and thematic and focused on its visitors. Open from May 1 to October 31, 2015, the Expo will host over 130 participants. Running for 184 days, this giant exhibition site, covering one million square meters, is expected to welcome over 20 mill...
Tanners get BB incentive for factory relocation
The central bank yesterday declared an incentive package for tanners to help them move hazardous factories to a designated industrial park in Savar.
Tanneries which have already moved there from the toxic tannery hub of Hazaribagh or under process to do so will get an opportunity to shift their irregular loans into block accounts and will have eight years for repayment, with a one-year grace period, Bangladesh Bank said in a notice.
Tanners will be charged 10 percent interest on the loans in the block accounts or banks’ cost of fund or whichever is lower, report...
Tanners will be charged 10 percent interest on the loans in the block accounts or banks’ cost of fund or whichever is lower, report...
Ship-breakers left out of insurance cover
Workers in the ship-breaking industry are still left out of group-insurance coverage, despite the fact that some fatal accidents have occurred in recent times.
Absence of proper government inspections is mainly attributed to leaving thousands of people working at the ship-breaking yards out of risk coverage.
Bangladesh Ship Breakers Association (BSBA) data show presently more than 179 companies are directly doing business with more than 0.1 million people engaged in work.
Sector-insiders said there is still no clea...
Sector-insiders said there is still no clea...
Dollar stable against taka, hit record low against yen
It was a busy week for central banks around the world, with monetary policy meetings in the US, NZ and Japan. This made for a very interesting end to the week for the FX markets as investors digested the deluge of information coming from policymakers.
Market observers say the lingering impact of these game-changing meetings, and possibility of fireworks in this week’s policy meeting in Europe as well, may continue to influence investor sentiment for some time to come as the market reassesses prior assumptions about the trajectory of monetary policy in these countries.
Airtel introduces new “Shobai F&F” plan
Airtel Bangladesh Ltd., the fastest growing mobile operator in the country, launched “Shobai Ek” plan this September revolutionizing the tariff game with simple and transparent solution. In that line Airtel further enhanced the “Shobai Ek” plan by adding unlimited validity of 1p/s tariff as a core feature. Airtel is the only operator to offer unlimited validity for its new prepaid customers. All new airtel prepaid customers will enjoy 1 paisa/ sec flat rate. In addition a new customer will also get preloaded BDT 10 airtime, free Facebook, free Whatsapp, 300 MB data, 1000 SMS for 90 days. This currently is the most attractive offer for new customers in the market.
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