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BD plans trade renegotiation to face challenges from Brexit

Bangladesh would soon plan trade renegotiations with the United Kingdom (UK) to tackle the challenges that the country would face following the Brexit referendum, Commerce Minister Tofail Ahmed said today (Saturday). The UK is leaving the European Union (EU) as Britons on Friday voted to exit the EU, sending a global warning of severe impact on the countries’ trade and economy particularly those are closely associated with the Euro block, reports BSS. [caption id="attachment_23897" align="alignleft" width="650"]Britain-648583

River eats up land, homes in Kurigram

Piyara Begum once had a happy life in Garuhara village by the Brahmaputra River in northern Bangladesh, but worsening erosion of the river banks has displaced her family seven times. Now Piyara, 30, has taken shelter in Panchgachi village, 8 kilometres away in the same sub-district of Kurigram Sadar. “I am always concerned about where Piyara and her three children are living, and how she manages her family expenses, as she has lost everything due to erosion,” said her uncle, Abdul Majid, who still lives in Garuhara village. The loss of Piyara’s home is taking a toll on her mental and physical health, he added. Riverbank erosion is a common problem along the mighty Brahmaputra during the monsoon,

Factories use laser tech to make greener denim

The readymade garment sector is the driving force of the Bangladeshi economy, accounting for a massive 83 per cent of its exports in October-December 2015. The sector has resulted in Bangladesh enjoying a steady 6 per cent growth rate for more than a decade, but as the industry eyes the future, it will have to make major changes to make sure that growth is sustainable. One example of these changes is how the denim sub-sector is using lasers instead of chemicals to “finish” the jeans. The production of denim fabric includes making patterns, as well as getting the right colour for the most popular “blue” colour jeans. This requires washing the jeans using different types of chemicals. It takes 100 litres of water to make an average pair of blue jeans according to industry insider...

Lightning strikes a disaster as deaths surge

Bangladesh has seen a near-record number of deaths this year from a phenomenon that appears to be worsening with climate change: lightning strikes. So far this year, 261 people have died from lightning in the country, putting the South Asian nation on track to beat last year’s 265 deaths. Most lightning deaths usually occur during the warm months of March to July. India has seen a similar surge in lightning deaths, with 93 people killed just in the past two days, officials said. The problem has prompted Bangladesh’s government to add lightning strikes to the country’s [caption id="attachment_23889" align="alignleft" width="540"]

Contract with FireEye unlikely to extend

Bangladesh Bank is unlikely to extend the contract of U.S. cyber security firm FireEye to investigate the electronic theft of $81 million of its money, sources at the bank said on Wednesday, citing high costs as one of the factors. The move comes as law enforcement in Bangladesh and the United States have reported little progress in identifying the criminals more than four months after one of the biggest cyber heists to date. FireEye’s Mandiant forensics division was hired by Bangladesh Bank weeks after the cyber heist in early February. It said in an interim report that hackers took control of the bank’s network,

Robi Hire Purchase Scheme for LG smartphones

Global brand LG smartphones in different price range, including LG’s flagship smartphone LG G5 are now available for Robi subscribers with Hire Purchase Scheme (HPS). The HPS scheme has been offered for the first time in the country’s telco industry. This unique offer allows Robi users to avail these quality handsets with Equated Monthly Instalment (EMI) even without using credit cards. These offers will be available at all the LG-Butterfly authorized stores across the country. Robi and LG Butterfly Marketing Ltd. have recently signed an exclusive deal in this regard at the mobile phone operator’s corporate office. Robi’s Managing Director and CEO, Supun
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