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Int’l Plastic Fair in city from Feb 23

The four-day 9th International Plastic Fair 2014 will begin here on February 23, which is expected to bring together some 350 participants from 17 countries. Leaders of Bangladesh Plastic Goods Manufacturers Association (BPGMEA) at a press conference at its office on Tuesday announced the schedule for the fair. Photo-1 Speaking on the occasion, BPGMEA president M Jasim Uddin said there will be about 350 stalls in the fair where participants from 17 countries, including China, India, Pakistan, Taiwan, K...

End spate of extrajudicial killings: HRW

The Bangladeshi government should authorize an independent investigation into a recent spate of alleged extrajudicial killings by security forces, Human Rights Watch (HRW) said on Monday. The government should publicly order law enforcement agencies to ensure the safety of all those taken into custody. human rights BangladeshJoint Forces consisting of the Bangladesh Police, the Rapid Action Battalion (RAB), and the Border Guards Bangladesh continue to arrest opposition supp...

Bangladesh key economic indicators – Jan 27

DAILY INDICATORS

Sunday Previous Taka/US $ (inter-bank) 77.75-77.7525 77.75-77.75 Call money rate (inter-bank) 06.40-08.00 05.50-08.00 Dhaka Stock Exchange index 4,758.37 4,702.66 --------------------------------------------------------------- indicator MONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Dec. 7.53 7.15 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Dec. 18.07 17.11 Exports(FOB) ($mln)(BB) Nov. 2,2...

Tk 10 cr looted from Sonali Bank in K’ganj

Burglars looted Tk 10 crore from the Kishoreganj district head branch of Sonali Bank Ltd in the district town early Sunday. sonali bankThe thieves entered the bank in the early hours making way by cutting earth on the backside and took away the money from the vault, said Humayan Kabir Bhuiyan, manager of the branch, reports UNB. The incident came to light on Sunday when bank employees went to open the vault, he said. On information, police rushed to the spot and kept the bank encircled. Officer-in-...

Immediate endorsement of shipbuilding policy demanded

Leaders of the shipbuilding industry demanded immediate endorsement of the drafted policy and act for the sector, facilitating it to capitalise on its tremendous prospects locally and globally. They said that particular business-friendly policy and law would significantly jack the industry up, helping to make it another vital foreign currency earner like RMG and taking the riverine Bangladesh's economy to a new height, reports The Financial Express (FE). MDG : Western Marine Shipyards Ltd, one of Bangladesh’s leading shipyards

Incentives to lower revenue from RMG sector: CPD

Government incentives to apparel exporters is estimated to cause about Tk 500 crore lower revenue from the sector, said a CPD report published on Saturday. CPD-GarmThe report, titled ‘Analytical Review on Bangladesh’s Macro-economic Performance in FY2013-14’, said, “The revenue foregone from reduction of advanced income tax (AIT) on apparel exports alone could be worth more than Tk. 500 crore.” “The recently announced incentives to business may also result in somewhat lower tax collection,” said the report, “T...
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