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ADB lauds Bangladesh for steady growth, poverty reduction

Visiting Asian Development Bank (ADB) President Nakao praised Bangladesh for its strong economic growth in recent years, and achievements in poverty reduction and other areas of social development. The appreciation came when the visiting ADB President Nakao called on Prime Minister Sheikh Hasina and Finance Minister Abul Maal A.Muhith, and discussed the continuation of the four-decade partnership between Bangladesh and the Manila-based lender on Sunday, reports Xinhua. adb1ADB chief arrived in Dhaka on Saturday on a three-day visit to discuss more a...

Exports soar on World Cup related merchandise

Bangladesh's total goods export income in the first 11 months of the current fiscal year ending this month surged 12.56 percent year on year to 27.38 billion U.S. dollars thanks partly to Soccer World Cup 2014 in Brazil, an official said Sunday. The Export Promotion Bureau (EPB) official told Xinhua that the South Asian country earned a total of 27,376.57 million U.S. dollars from exports during July-May, compared to 24,321.90 million U.S. dollars in the same period a year earlier, reports Xinhua wc-14He said Bangladesh shipped goods worth 2,722.18 billion...

Ata Sarker’s birthday today

Today is the birthday of the country’s noted novelist Ata Sarker. He was born in 1952 in Jamalpur. He emerged as a novelist in early 70s. His edited magazine was banned by the black law in the regime of Aiub government of the then East Pakistan. He started his career in journalism before obtaining master’s degree under the department of Political Science as well as Public Administration. Now he is the Executive Vice President of Islami Bank Bangladesh Limited. Ata SarkarHis famous novels and stories are Titur Lethel, Apon Lorai, Akoda Anongo Bou, Sonai Sardarer Dhaka Obhijan, Balika Bishoyak Pap, Bipojjonok Khela Somp...

Rainwater harvesting to meet water crisis

The usage of ground water is posing a severe challenge signaling severe future crisis for the urban population as the water level is depleting in alarming rate. To face the obvious situation, integrated water management system be introduced in national level for the future generation. Speakers and experts said these at the 2nd Water Convention on Monday. WaterAid Bangladesh in collaboration with CSE-India, RAiN Forum and ITN-BUET jointly organised the program at Spectra Convention in Dhaka. IMG_8629The experts emphasised on rainw...

Bangladesh delegation discusses reform

Many within the fashion industry have been keeping a close watch on the continued efforts in Bangladesh for reform, especially as it relates to the apparel industry. Recently, WWD had the opportunity to speak with the Bangladesh commerce minister, Tofail Ahmed, who was in Washington on Wednesday. He was spearheading a delegation in the U.S. capital to discuss the apparel industry in his country, and how it is looking towards the future, based on the learnings of the past. RMG Rana PlazaBelow are some excerpts from Ahmed’s discus...

May exports up 7pc on garment sales

rmg Bangladesh's exports rose 7.22 percent in May from a year earlier to $2.7 billion, boosted by stronger clothing sales, the Export Promotion Bureau said on Sunday. In the first 11 months of this financial year, exports rose 12.56 percent to $27.37 billion from a year earlier. Garment exports surged nearly 15 percent to $22.2 billion in July-May. The garment industry, which supplies many Western brands such as Wal-Mart, Tesco and H&M, has been under the spotlight after a string of fatal factory accidents, including the collapse of a building hou...
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