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BWCCI’s new initiative ‘2020: Empower 5000’ launched

Bangladesh Women Chamber of Commerce and Industry (BWCCI) organized a launching ceremony of “2020:Empower 5000” at CIRDAP Auditorium in the capital on Wednesday. ???????????????????????????????The program was chaired by Ms. Selima Ahmad, President of Bangladesh Women Chamber of Commerce & Industry while Ms. Sangita Ahmed, Immediate Past President of Bangladesh Women Chamber of Commerce & Industry was also present. Ms. Ayesha Khanam, President of Bangladesh Mohila Parishad and Advocate Sultana Kamal, Executive Director of Ain-o-Salis...

Equitable allocation for water, sanitation sector stressed

An analysis of government budget sees a declining trend of allocation in water, sanitation and hygiene (WASH) for last five years. The allocation in FY 2010-11 was 2.39 percent of the total budget that disappointingly came down to only 1.64 percent in FY 2013-14. In FY 2014-15 under the local government division, out of 199 projects, only 45 (22%) projects found to be proposed for water sanitation and hygiene sector. 3 D R U-1Although the ‘urban vs rural’ disparity in allocation has slightly been minimised in FY 2012-13 in comparison to prev...

Abolish Kafala system: rights activists

Migrant rights activists have called for abolishing sponsorship system to better protection of foreign workers from rights violations in Gulf countries. In Gulf, the sponsorship system is known as Kafala, under which employers confiscate passports of the workers and restrict their freedom to switch jobs. [caption id="attachment_7246" align="alignleft" width="300"]migrants This file photo shows workers stand inside the Portland labour camp in an industrial area on the outskirts of Sharjah. Gulf nations have relied heavily on the supply of cheap labour...

Cable operators want bandwidth price floor

Bangladeshi private terrestrial cable operators want the government to set a floor for wholesale bandwidth prices to help avoid unhealthy competition between private and public companies. State-owned Bangladesh Submarine Cable Company Ltd (BSCCL) has recently announced plans to slash the price of international bandwidth by as much as 60 percent for both voice and data transmission, which has affected the business of private terrestrial cable operators. Currently the ceiling is BDT 5,000 per 1 Mbps for both private and public operators, but there is no lower limit, The Daily Star reported. cable operatorsBoth BSCCL a...

Daimler India enters Bangladesh market

German commercial vehicle maker Daimler’s Indian subsidiary has entered Bangladesh market by launching FUSO Trucks manufactured at its plant here, making it the sixth overseas destination. Daimler India Commercial Vehicle, the Indian arm of Stuttgart-based Daimler AG, along with Daimler Group company Mitsubishi Fuso Truck and Bus Corporation, launched FUSO Trucks, in Bangladesh making it as the sixth strategic market since beginning of exports in May 2013. dailmer IndiaDaimler India manufactures the FUSO range of trucks at its pla...

Rice import value surges fifteen fold in FY 2013-14

Bangladesh's rice import value has increased to around $284.72 million in the first ten months of FY 2013-14 (July 2013 - April 2014), up about 15.47 times or about 1,447% from around $18.41 million during the same period in FY 2012-13, based on the latest letter of credit (LC) data released by the Bangladesh Bank (BB). pariza rice panicleA BB official told local media sources that fall in global rice prices, simultaneous surge in domestic rice prices and appreciation of the local currency against the dollar are the key dr...
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