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China offers preferential loan to renovate KPM      

China has offered preferential loan to renovate the Karnaphuli Paper Mills (KPM) in Chittagong to enhance its production capacity to 30,000 metric tonnes a year. In a letter to the Industries Secretary on December 5, 2014, DGM of the China National Machinery Import and Export Corporation (CMC) Zhao Zhengxian also requested the Bangladesh government to take necessary steps for signing an MoU between CMC and Bangladesh Chemical Industries Corporation (BCIC) to facilitate the works. kpmSources at the Economic Relations Division (ERD) said an internatio...

Bangladeshis most active in politics

Bangladesh has ranked the highest in terms of people’s political participation among 33 developing and emerging nations, says a global survey. The country, however, has a very low political efficacy with over two-thirds of the respondents saying government officials do not care about what the people think, it says. The survey, titled “Spring 2014 Global Attitudes Survey” by the US-based Pew Research Centre, shows 65 percent Bangladeshis have higher level of involvement in political affairs and 29 percent medium level, though the Asia region ranks the lowest in this field with an overall median of 24 percent. As regions, the Middle East and Africa have relatively high rates of participation in political affairs.

Modi assures Hamid of resolving Teesta, LBA issues

Reaffirming the Indian government’s commitment on resolving Teesta water sharing and implementation of the Land Boundary Agreement (LBA) issues, Indian Prime Minister Narendra Modi today said his government has been working continuously on these two crucial matters. “We’ve been working on Teesta water sharing and LBA issues for their immediate solution,” the Indian premier said when he met President Abdul Hamid at Hyderabad House, President’s Press Secretary Ihsanul Karim told BSS quoting the meeting. INDIA-BANGLADESH/Modi said...

Vocational training for RMG workers

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a Memorandum of Understanding (MoU) with Skills and Employment Programme of Bangladesh (SEP-B) to provide vocational training to the RMG workers to improve their productivity, the Dhaka Tribune reported. Bangladesh-rmg-workerBGMEA vice president Reaz Bin Mahmud and Paul Weijers, team leader of SEP-B, signed the MoU on behalf of their respective organizations. Under the MoU, which aims at developing private sector-led vocational traini...

Bangladeshi political feud plays out in Chicago street

The request to put up a pair of familiar brown street signs on North Clark Street in Rogers Park sailed through the Chicago City Council, joining the 1,500 other honorary roadways aldermen have approved for 50 years. This one, however, didn’t end up a feel-good move, like bestowing the sobriquet “Frank Sinatra Way” on a stretch of Grand Avenue in a traditionally Italian neighborhood or proclaiming a couple blocks of Campbell Avenue in North Center the “DeVry Institute of Technology Court.” [caption id="attachment_11459" align="alignleft" width="300"]

Bangladesh left out of US GSP review  

Bangladesh has not been included in the list of countries now under review of the US GSP programme that could alter their beneficiary status. The GSP status of Bangladesh as also other countries has been suspended in June last year, following which the US authorities were reviewing the worker rights, child labour, intellectual property rights, or arbitral awards issues to consider reinstating the trade preferences. Since the suspension of the GSP programme, a number of countries continued to be reviewed that could alter their beneficiary status, according to the latest Trade Policy Review of US by the World Trade Organisation (WTO). But in the review list Bangladesh was not included.
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