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Leather sector aims for $5b in exports

Bangladesh will be able to churn $5 billion from exporting leather, leather goods and footwear in four years, riding on the back of product diversification and value addition, a leading exporter said yesterday. The sector will create 200,000 jobs in the period, said Md Saiful Islam, managing director of Picard Bangladesh. “Everyone is talking about export diversification. The leather sector will help Bangladesh diversify its exports,” said Islam, also the vice president of Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh. [caption id="attachment_11277" align="alignleft" width="300"]

Cotton Assoc visits Bangladesh

As part of its strategy to represent all sectors of the global supply chain, ICA Cotton Association made a return trip to Bangladesh last month to meet with key stake holders from the Bangladesh spinning and textile community, BTMA and BCA. cotton-bollICA President, Jordan Lea led the delegation - accompanied by Jean-Marc Derossis, ICA First Vice President; Kai Hughes, ICA Managing Director and John Gibson, ICA Head of Arbitration - to deliver two presentations in Dhaka's Radisson Blu and to attend a networking reception in the city to m...

Women Chamber hands over ‘Empower 5000’ to FM

A 12 member delegation from Bangladesh Women Chamber of Commerce and Industry (BWCCI) led by its President Ms. Selima Ahmad met with Finance Minister Mr. Abul Maal Abdul Muhith on Tuesday to discuss issues in further promoting women entrepreneurship development in Bangladesh. SAMSUNG CAMERA PICTURESBWCCI President Ms. Selima Ahmad thanked Honorable Finance Minister for the continuation of 100 crores taka as grant for women entrepreneurs as well as the announcement ...

BTRC plans to offer 450 MHz spectrum to mobile operators    

The telecom regulator plans to allocate the 450 megahertz spectrum band to mobile operators after 2015 -- a move that is expected to widen the operators' scope to utilise a wider range of spectrums and offer faster internet. The allocation will be made after the regulator offers the 700 MHz band next year. A 12-member committee headed by a commissioner of Bangladesh Telecommunication Regulatory Commission will prepare a licensing guideline by November, reports the Daily Star. btrcDue to low frequency, the 450 MHz band will enable service providers to depl...

ICMAB pleads for representation in proposed FRC    

Institute of Cost and Management Accountants of Bangladesh (ICMAB) requested the government Wednesday not to exclude its representation from the proposed Financial Reporting Council (FRC) saying that a 'vested quarter' was working to do so on an 'unholy' purpose. ICMAB president Mohammed Salim FCMA made the request while reading out a written speech at a press conference arranged at a city hotel. The press conference was also addressed by ICMAB vice president Abu Sayed Md Shaykhul Islam FCMA, Secretary Jamal Ahmed Choudhury FCMA, its past president Rafiq Ahmad FCMA and council member Muzaffar Ahmed FCMA, reports the Financial Express.

AMTOB urges elimination of tax on SIM

Association of Mobile Telecom Operators of Bangladesh (AMTOB) organized a press briefing urging the government for elimination of SIM tax and SIM replacement tax and other concerns. AMTOB Press Conference - Low ResRepresentatives of Mobile Network Operators (MNOs) (from left) Nishat Ali Khan, DGM, Corporate Affairs, Pacific Telecom Bangladesh Ltd. (Citycell), Ishtiaq Hussen Chowdhury, Director, Stakeholder Relations of Grameenphone Ltd., Ashraful H. Chowdhury, Chief Regulatory Affairs Officer of Airt...