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Victory Day celebrations at BD Riyadh embassy

Bangladesh celebrated its 43rd Victory Day at the premises of the Bangladesh embassy in Riyadh on Tuesday. On the occasion, Ambassador Mohamed Shahidul Islam urged his countrymen to uphold the image of their homeland and to abide by the rules and regulations of the host country. Highlighting the significance and spirit of the day, the envoy underlined the need for renewing their commitment and reinforcing efforts for the socio-economic development of Bangladesh. [caption id="attachment_11466" align="alignleft" width="300"]riyad Bangladesh Am...

Vocational training for RMG workers

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a Memorandum of Understanding (MoU) with Skills and Employment Programme of Bangladesh (SEP-B) to provide vocational training to the RMG workers to improve their productivity, the Dhaka Tribune reported. Bangladesh-rmg-workerBGMEA vice president Reaz Bin Mahmud and Paul Weijers, team leader of SEP-B, signed the MoU on behalf of their respective organizations. Under the MoU, which aims at developing private sector-led vocational traini...

Shrimp farmers staring at losses

Shrimp farmers and processors in Bangladesh have sunk into hard times after a slump in demand and depreciation of major exporters’ currencies, reports The Daily Star. Industry operators said many buyers have pushed back the shipment of their orders, while a section of them are even seeking discounts. As a result, the stockpiles are rising at the processors’ end. MDG : Bangladesh Shrimp industryThe ample production of vannamei in India and Vietnam has been blamed, for the most part, for the slump in demand for the locally-grown black tiger...

Bangladeshi political feud plays out in Chicago street

The request to put up a pair of familiar brown street signs on North Clark Street in Rogers Park sailed through the Chicago City Council, joining the 1,500 other honorary roadways aldermen have approved for 50 years. This one, however, didn’t end up a feel-good move, like bestowing the sobriquet “Frank Sinatra Way” on a stretch of Grand Avenue in a traditionally Italian neighborhood or proclaiming a couple blocks of Campbell Avenue in North Center the “DeVry Institute of Technology Court.” [caption id="attachment_11459" align="alignleft" width="300"]

Bangladesh left out of US GSP review  

Bangladesh has not been included in the list of countries now under review of the US GSP programme that could alter their beneficiary status. The GSP status of Bangladesh as also other countries has been suspended in June last year, following which the US authorities were reviewing the worker rights, child labour, intellectual property rights, or arbitral awards issues to consider reinstating the trade preferences. Since the suspension of the GSP programme, a number of countries continued to be reviewed that could alter their beneficiary status, according to the latest Trade Policy Review of US by the World Trade Organisation (WTO). But in the review list Bangladesh was not included.

4 nations agree to create fund for BCIM corridor

A multi-billion dollar fund might be established to pull in resources from various parties to set up a thriving economic belt connecting Bangladesh, China, India and Myanmar. About 55 percent of the fund might come from various multilateral development partners while the rest might be borne by the four governments and the private sector. It will cost about $22 billion to build the proposed Bangladesh, China, India, Myanmar Economic Corridor (BCIM-EC), according to an initial estimate. bcimThe figure is not final and will require more in depth study to reach...
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