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Move to sign PTA with Lanka, not FTA

Bangladesh is moving forward for signing a preferential trade agreement (PTA) with Sri Lanka aiming to enhance bilateral trade, officials said, the Financial Express reports (FE). “Most of the stakeholders supported signing of PTA instead of going for free trade agreement (FTA). The issue is still under study but possibility of signing PTA is comparatively bright,” additional secretary of the Ministry of Commerce (MoC) Monoj Kumar Roy told the FE. bd-LankaThe two sides at a meeting of joint working group on trade last September had decided t...

Key missions abroad fail to achieve export targets

Twenty-nine out of 53 Bangladesh missions abroad have failed to achieve their respective export targets for the first half (July-Dec) of the current fiscal (2014-15), reports UNB. export-importThe key Bangladesh missions like the ones in Washington, Berlin, London, Paris, Madrid, Ottawa, Rome and the Hague have failed to achieve their July-December export targets while some other important missions-Stockholm, Dubai, Riyadh, Canberra and New Delhi-have been able to reach their targets for the six-month period. The overall export ea...

Japan to further relax norms for Bangladeshi knitwear

Japan has agreed in principle to further relax rules of origin norms for importing knitwear from Bangladesh, and modalities for the same are being worked out, foreign secretary M Shahidul Haque told reporters after his meeting with the visiting Japan’s deputy foreign minister Shinsuke Sugiyama in Dhaka. Bangladesh-rmg-workerIn 2011, Japan had lowered the rules of origin for its GSP scheme for knitwear products from stage three to stage two, and now it has been agreed to relax these norms further to stage one. Stage...

Why startup scene is worth paying attention to

More than a year after Startup Dhaka, a crowdfunded documentary showcasing how the Dhaka startup community uses the power of the Internet to create new and exciting businesses, made waves in the region, this fledgling community in Bangladesh has hardly looked back. Bangladesh-LeadAt the Digital Centre Entrepreneurs Conference in November 2014, which hosted 11,000 entrepreneurs from across the country, Bangladesh Prime Minister Sheikh Hasina encouraged more young people to start their own businesses. “Instead of relying on others...

UNC signs accord for Bangladesh worker safety

UNC-Chapel Hill announced Thursday that it would require all companies that produce UNC apparel to sign an accord governing worker safety in Bangladesh. RMGSabinaThe university said it would require UNC logo gear to be made by companies that sign onto the Accord on Fire and Building Safety in Bangladesh — instead of the separate Alliance for Bangladesh Worker Safety. The Alliance is supported by major companies such as Wal-Mart, Gap, Target and Greensboro-based VF Corp., parent company of Wrangler. Activists and worker safety advocates ha...

Local pediatrician helps train medical personnel in BD

In more than 35 years as a pediatrician, Dr. Kathleen Braico has helped countless children get a healthy start to life. A recent trip to Bangladesh likely compounded those numbers significantly. 54d29e350259d.imageBraico, of Queensbury, traveled to the nation of 160 million people in a Rotary-sponsored trip, training medical personnel at Kumudini Hospital in the impoverished region of Mirzapur, Tangail. Braico spoke passionately about the hospital — a facility created seven decades ago by Shaha, a man whose mothe...
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