Bangladesh will be able to churn $5 billion from exporting leather, leather goods and footwear in four years, riding on the back of product diversification and value addition, a leading exporter said yesterday.
The sector will create 200,000 jobs in the period, said Md Saiful Islam, managing director of Picard Bangladesh.
“Everyone is talking about export diversification. The leather sector will help Bangladesh diversify its exports,” said Islam, also the vice president of Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh.
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China’s annual consumer inflation eased to a five-year low of 1.4 percent in November, signalling persistent weakness in the world’s second-largest economy and giving policymakers more room to ease policy to support growth.
Bangladesh’s annual inflation in November eased for a fourth successive month as food prices declined due to a fall in global commodity prices.
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NOVEMBER
Bangladesh Nov inflation eases for 4
th month
China Nov prices weak...
Inflation continued its fall in November, coming down to 6.21 percent—the lowest in 24 months. The inflation rate, which has been showing a downward trend for the last several months, was 6.60 percent in October. In October 2012, inflation was 5.16 percent, which rose to 6.55 percent in November the same year.
Food inflation was the biggest driver behind the drop in overall inflation last month, sliding to 6.44 percent from 7.16 percent in October, according to the Bangladesh Bureau of Statistics (BBS) data.
Non-f...
As the sea keeps rising due to climate change and affecting coastal Bangladesh, turning the soil and groundwater saline, scientists have been breeding salt tolerant varieties of rice, the main crop in the region. But the sea keeps coming in and turning everything more and more saline, well beyond the point that salt tolerant rice varieties can tolerate.
The latest salt tolerant rice variety – that the scientists released among Bangladeshi farmers as recently as November 20 – can tolerate a salinity of up...
It’s about 8 years since World Development Movement (WDM) was contacted by some activists from Bangladesh to see if we could work together in their work to stop GCM carrying out their a project which...
It’s about 8 years since World Development Movement (WDM) was contacted by some activists from Bangladesh to see if we could work together in their work to stop GCM carrying out their a project which...
