Künast claimed the tide is turning in fashion as green fashion becomes more mainstream. “You can see this is no longer a niche but an important market – increasingly so and, for topical reasons, becoming more political”, said Künast of Germany’s green party, ‘Bündnis 90 / Die Grünen’.
-eco-textile
BD needs ‘legal instrument to have siphoned off money back’
Though there is a growing trend of siphoning off money abroad, the Anti Corruption Commission (ACC) is unable to take any concrete step to recover the laundered money deposited in the Swiss Bank by Bangladeshis due to lack of legal instrument, reports UNB.
“We (Bangladesh) don’t have any agreement with the Swiss authorities in this regard. If an agreement is signed with the Central Bank of the Swiss government (Swiss National Bank), we’ll be able to take measures to bring the stolen money back,” ACC commissioner M Shahabuddin told UNB.
Exports edge up 11.65pc, fetch $30.17b in FY 14
Exports in the just-concluded fiscal year (FY) of 2013-14 fetched $30.17 billion.
The amount reflected an 11.65 per cent growth over the previous fiscal due to increased shipments of apparel products despite having some odds like political turmoil and tragic factory incidents.
However, the overall export receipts fell short of target by 1.06 per cent set for the July-June period of FY 2013-14, according to official data released Thursday, reports the Financial Expres.
The single month earnings in June, 2014 reached...
The single month earnings in June, 2014 reached...
Forex reserves crosses $21b again
Kazi Saidur Rahman, General Manager of Bangladesh Bank Forex Reserve and Treasury Management Department said, the reserves stood at $21.12 billion on Thursday.
According to the central bank, the reserves earlier exceeded $21 billion on June 16 but depleted following payment of $970 million import bills to the Asian Clearing Union (ACU) on July 6.
Rahman attributed the rise in forex reserves to ‘the positive trend’ in remittance inflow and export earnings, and disbursement of foreign loans to local organisations.
He said Bangladesh co...
Oil exploration prospects boosted by UN border ruling
A United Nations court drew a new maritime border in the Bay of Bengal, awarding more than three-quarters of a disputed sea area to Bangladesh and opening the way for more energy exploration in the region.
The ruling by the U.N.’s Permanent Court of Arbitration in The Hague, made public on Tuesday, settled a long-running territorial dispute between Bangladesh and neighboring India. Both countries said they would abide by the court’s decision.
In Dhaka, Bangladesh’s foreign minister, Abul Hassan Mahmood Ali, said the ruli...
In Dhaka, Bangladesh’s foreign minister, Abul Hassan Mahmood Ali, said the ruli...
Bangladesh leather exports surpass, Pakistan in negative growth
Pakistan is the only country in the region with negative leather products export growth rate even export of Bangladesh has surpassed country’s exports.
All the countries in the region are using imported hides/skins to boost their exports but unfortunately despite negative growth rate of Pakistan the government imposed 1 percent duty on import of hides and skins, which would further decline our exports, said Agha Saiddain Chairman regional Standing Committee on leather industry Federation of Pakistan Chambers of Commerc...
All the countries in the region are using imported hides/skins to boost their exports but unfortunately despite negative growth rate of Pakistan the government imposed 1 percent duty on import of hides and skins, which would further decline our exports, said Agha Saiddain Chairman regional Standing Committee on leather industry Federation of Pakistan Chambers of Commerc...
