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BIAC holds dialogue on Int’l Commercial Arbitration

A Dialogue entitled “Relative Role of International Law and Domestic Law in International Commercial Arbitration” was held on Tuesday at a local hotel organized by Bangladesh International Arbitration Centre (BIAC). The keynote speaker at the Dialogue was the former Solicitor General of Australia Dr. Gavan Griffith, BIAC Chief Executive Dr. Toufiq Ali welcomed the participants and requested Dr. Kamal Hossain to moderate the event. DSC_0729_editDr. Hossain observed that in inte...

Bangladesh key economic indicators – Jan 29

DAILY INDICATORS

Tuesday Previous Taka/US $ (inter-bank) 77.75-77.7525 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,706.54 4,751.61 --------------------------------------------------------------- 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. 2,212.44 2,119.20 Imports(FOB) ($mln)(BB) Oct. 2,751.00 2,658.00 ----------------...

Dhaka Chamber hails monetary policy, urges interest cut

The Dhaka Chamber of Commerce and Industry (DCCI) urged the Bangladesh Bank to take steps to reduce the bank interest rate to achieve the 16.50 per cent private sector credit growth targeted in the monetary policy for the second half of the current fiscal year. Terming the newly announced Monetary Policy Statement (MPS) as investment-friendly, DCCI said it will assist in achieving the targeted economic growth by taking the internal and external economic indices to a positive place. dcciThe chamber body in a statement ...

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 economy showing predictable growth: Khalid Quadir

'The interesting story which most people in the international investment community may not know, is that, over the last 20 years, Bangladesh economy has been growing 5 to 6% per year.

We never grow 20%. We never have zero growth. This is the predictable and consistent growth that all investors want', says Khalid Quadir, a Bangladeshi expatriate in US.

'Part of the business of investing in Bangladesh is this 

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