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Bangladesh

Little avail from FTA with China: Experts

The proposed free-trade agreement (FTA) will benefit Beijing more than Dhaka as imports from the former are likely to increase further because of tariff waivers unless there are guarantee provisos with regard to striking a balance in the two-way trade. Conversely, Bangladesh exports to China are unlikely to increase because of stricter Rules of Origin (RoO) on the Chinese market that made it hard for Bangladeshi manufacturers to maximize their business share. china BD China provides duty-free market access for major products of Bangladesh under its G...

Yunus honored by Indian PM Narendra Modi

Indian Prime Minister Narendra Modi presented a gold medal to honour Nobel Laureate Professor Muhammad Yunus at the opening ceremony of the 102nd Indian Science Congress in Mumbai on 3 January. Professor Yunus along with four other Nobel Laureates and five scientists from India received the gold medal during the inaugural session of the Indian Science Congress in the presence of more than 20,000 strong audience including Ministers, Chief Ministers, leading scientists, Vice Chancellors of dozens of Indian Universities and delegates from India and abroad. Yun... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

Investigate huge remittance outflow to India: CPD    

The Centre for Policy Dialogue (CPD) yesterday recommended the government should form a committee to investigate the large remittance outflows to India. Bangladesh is now the fifth largest remittance source for India, with around $3.7 billion sent in 2013. CPD1The number is expected to only increase in the coming years, according to Silicon India, a portal for professionals. “This is a warning signal,” Mustafizur Rahman, executive director of CPD, said, adding that both the Board of Investment and Bangladesh Bank may want to investigate how such huge sums...

India, Bangladesh to sign oceanic research MoU in EEZs

India and Bangladesh will sign an MoU within the next two months which will give them the right to conduct oceanic research in each other’s Exclusive Economic Zones (EEZs). bd-indiaNational Institute of Oceanography (NIO) Director Dr S W A Naqvi said the political atmosphere is just right to launch a major programme of this kind as he announced this. “Many countries in this region do not have the infrastructure and human resources to carry out research on their own. So they have been looking at India to provide the lead. We are now launching major pro...

Tripura ‘haat’ along Indo-Bangla border to open Jan 13

The first border market, locally called ‘haat’, in Tripura and the third along the India-Bangladesh frontier is likely to be inaugurated Jan 13, an official said here. Two ‘border haats’ were set up in 2012 at Meghalaya’s Kalaichar (India)-Baliamari (Bangladesh) and Dalora (Bangladesh)-Balat (India). bd-indiaThe ‘border haats’ are allowed to sell agricultural and horticultural products, spices, minor forest products (excluding timber), fresh and dry fish, dairy and poultry products, cottage industry items, wooden furniture, handloom and handicraft ite...

‘Unnecessary rice import’ despite huge production  

The import of rice increased by 295 per cent to $63.59 million in November this year from $16.07 million in the same month a year ago, although the government has started to export rice to Sri Lanka for the first time. According to Bangladesh Bank data released on Monday apart from the huge import rice of November, letters of credit worth $59.81 million were opened in the month for import of the food grain. pariza rice panicleThe government on Saturday shipped 12,500 tonnes of rice to Colombo in Sri Lanka as the first c...
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