Bangladesh: Capitalist haven
Earlier this month, the Pew Research Center released the second of two major reports detailing findings from a global public opinion survey on economic issues conducted last spring in 44 countries. Read together, the two reports reveal something you might not have guessed: Bangladesh is among the countries most supportive of the free market, and certainly the most free-market, trade-oriented country surveyed in South Asia. At least as far as public opinion is concerned, the People’s Republic of Bangladesh is a capitalist haven.
How bombs supplied from India to Bangladesh
As the investigating agencies continue their questioning of several suspects in the Burdhwan blast including Shaikh Yusuf, it has found that in the Jamaat-ul-Mujahideen Bangladesh (JMB) had moved four consignments of bombs to Bangladesh in the years 2013 and 2014.
Officers privy to the investigation informed that the bombs prepared in West Bengal in the past two years had moved in five separate consignments across the border and have reached Bangladesh. Terrorists suspected to have bribed guards at India-Bangladesh bord...
Officers privy to the investigation informed that the bombs prepared in West Bengal in the past two years had moved in five separate consignments across the border and have reached Bangladesh. Terrorists suspected to have bribed guards at India-Bangladesh bord...
Bangladesh to export 50,000 T rice to Sri Lanka
Bangladesh will export 50,000 tonnes of rice to Sri Lanka for the first time under a government-to-government deal at $450 a tonne including cost, freight and insurance, Food Minister Mohammad Karmul Islam said on Monday.
Strong output and good government stocks have prompted the Bangladesh government to initiate the plan to export rice.
“We have sufficient stock, and our production is also good. So there will be no crisis due to rice export,” a Bangladesh food ministry official said.
In Sri La...
Strong output and good government stocks have prompted the Bangladesh government to initiate the plan to export rice.
“We have sufficient stock, and our production is also good. So there will be no crisis due to rice export,” a Bangladesh food ministry official said.
In Sri La...
UAE to recruit up to 2000 female workers each month
MoU inked; UAE to appoint Labour Attaché at its Dhaka embassy
In an important breakthrough, the United Arab Emirates (UAE) today (26-10-2014) inked a deal to recruit 1000 to 2000 female domestic workers from Bangladesh every month.
Dhaka is considering the move as resumption of manpower market in the oil-rich Gulf nation, which is the second largest manpower destination for Bangladesh.
The country has almost stopped issuing all kinds of entry permits for Bangladeshi passport holders in August, 2012, a...
President pleads for infrastructure
President Md. Abdul Hamid emphasised maintaining business-friendly environment for generating much-needed jobs for teeming millions through accelerating the country’s socioeconomic advances.
Also suggesting that the government create required infrastructure for economic expansion, he said that the rest of the development works would be done by the businesses by harnessing potential from home and abroad.
The President made the suggestions while addressing the inaugural session of a two-day ICC international conference at the Bangabandhu International Conference Center in Dhaka as the chief guest.
Govt borrowing from banks rises by 270pc in Q1
The government’s borrowing from the banking system increased by 269.92 per cent in the first three months and nine days of the current financial year compared with that in the same period of FY14.
The government resorted to such increased borrowing from the banking source to pay salaries and festival bonus to its employees on the occasion of Eid-ul-Azha, reports the New Age.
The borrowing from the banks by the government stood at Tk 4,632.25 crore between July 1 and October 9 this financial year against Tk 1,252.20 crore the government borrowed in the same period of the FY14, according to the latest BB data.
