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TCB issues tender to buy 1,500t of lentils

 Trading Corporation of Bangladesh (TCB) has floated a tender to import 1,500 tonnes of lentils as part of efforts to secure food supplies for the Muslim fasting month of Ramadan, a senior official at the state buyer said on Thursday. The last date for submission of bids is Feb. 18, and the lentils are to be shipped within 45 days from the opening of the letter of credit on the purchase, the official said. lentilsThe state buyer has moved to import other items a...

Current account balance maintains surplus

The country’s current account balance recorded a surplus of nearly $1.5 billion in July-November period of the fiscal year 2013-14 ending June, a central bank official said Thursday. The Bangladesh Bank official said the current account balance showed a surplus of $1,384 million during the first five months in 2013-14 fiscal year against a surplus of $433 million during the corresponding period of the previous fiscal year (July 2012-June 2013), reported Xinhua. foreign aid He said the central bank's ...

Bangladesh key economic indicators – Jan 24

DAILY INDICATORS

Thursday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 05.50-08.00 06.40-08.00 Dhaka Stock Exchange index 4,702.66 4,640.56 --------------------------------------------------------------- indicator MONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Dec. 7.53 7.15 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Dec. 18.07 17.11 Exports(FOB) ($mln)(BB) Nov. 2,2...

Best Western sees Bangladesh key growth market

The US-based hotel company, BEST WESTERN International is looking south, as it continues its fast-paced Asian expansion. The company, which operates more than 4,000 properties around the world, has identified the South Asian countries of Sri Lanka and Bangladesh as key growth markets. Sri Lanka welcomed one million international visitors for the first time in 2012, and is targeting 2.5 million arrivals by 2016. To cater for this rapid growth, Best Western has already announced plans to launch its first hotel in the country - a 60-room Best Western mid-scale property in Colombo, which is expected to open in the next few months, reports the Nation.

Nearly 87pc women suffer abuse in Bangladesh

Stunning statistics show domestic abuses against women are the norm in Bangladesh. About 87 percent women in the country have been victims of various forms of domestic violence in their lifetime, according to a recent government sponsored survey. Conducted by the Bangladesh Bureau of Statistics, the first ever national census on women and violence was completed in late December and released early this month. womenOf a total of 12,600 women surveyed, 65 percent said they were physically tortured by their husbands, 36...

‘Windfall’ explores the business of climate change

Apparently, if you look at climate change the right way, it looks like money instead of disaster — if you’re looking at it from a corporate boardroom, for example, and not, say, coastal Bangladesh. Journalist McKenzie Funk spent six years traveling the world to report “Windfall,” his account of how governments and corporations — many of whom heavily contribute to the problem of global warming but balk at mandates to cut greenhouse gas emissions — are confronting climate change with engineering, money and lawyers. [caption id="attachment_3069" align="alignleft" width="198"]windfall
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