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Pak government urged to follow Bangladesh model

Pakistan Jute Mills Association (PJMA) has urged the government to follow Bangladesh in adopting an aggressive approach to support its jute sack industry. Secretary General of PJMA, Mohammad Younus said that recently appellate division of the Supreme Court had supported Bangladesh government’s decision to make use of jute bags necessary for packaging rice in order to provide assistance to jute sack industry against the polypropylene or plastic bags. jute goodsBangladesh has already promulgated orders nominating jute sacks mandatory packaging for whe...

Border trade comes as boon for Tripura

The border trade between India and Bangladesh has come as a boon to people in land-locked Tripura, who were at a disadvantageous position compared to people in other states when it comes to availability of goods. Kolkata is 1,700 km from Agartala, while Dhaka and Chittagong are within 140 km range of Tripura. Goods from these two cities are made available in Tripura through Land Customs Stations. “We can take the advantage of proximity and therefore reduced transport cost to get the commodities here easily,” Prashanta Bhattacharya, President of Indo-Bangla Chamber of Commerce, Tripura Chapter, said.

16th amendment bill soon to impeach judges

The cabinet has approved the proposal for amendment of constitution to pave the way for restoring the parliament’s authority to impeach the Supreme Court judges for misconduct or incapacity. Once Constitution (16th amendment) Act-2014 is passed in the parliament, it will raise public confidence upon the judiciary, Cabinet Secretary M Musharraf Hossain Bhuiyan said while briefing media on the amendment move. Thigh courthe approval came at a regular meeting of the cabinet at Secretariat with Prime Minister Sheikh Hasina in the ...

Bangladeshi jobseekers being smuggled into Hong kong

The illegal jobseekers, mostly from Bangladesh and Pakistan are allegedly being smuggled into Hong Kong (HK) through Shenzhen of China, an HK-based English daily reported on Sunday. The South China Morning Post report claimed that illegal immigrants from Bangladesh or Pakistan had entered HK by boat in the past years. [caption id="attachment_8803" align="alignleft" width="300"]china-sampan Middlemen are supposedly paid HK$10,000 to HK$12,000 to take illegal immigrants to Hong Kong by high-speed boat. Photo taken from South China Morning Post....

Indian businesses urge to check jute imports from Bangladesh

With domestic demand for jute bags shrinking, local manufacturers have asked the Centre for concessions to export for countering competition from Bangladesh in global markets. jute goodsManufacturers have also demanded that penal duties be imposed on jute imported from across the border to nullify the impact of export subsidies given by Bangladesh, making its products cheaper here in the absence of import duty. “We met the Textiles Secretary and put across the acute demand crisis that the industry is going through and the steps that can be taken ...

Shrimp exports to US plummet

Shrimp export to the United States has almost halved over the past several years although Bangladesh’s overall exports marked all-time high last year mainly for steady flow to the European market, the industry sources said. MDG : Bangladesh Shrimp industryExport Promotion Bureau (EPB) officials confirmed the state of external trade to the FE Tuesday. They listed several factors that contributed to the fall of trade on the U.S. market and the rise on the EU market that propped up the country’s shrimp export. Shrimp exports fetched USD 638 ...
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