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November exports up 13.73pc as garment sales surge

Bangladesh’s exports rose 13.73 percent to $2.75 billion in November from a year earlier, driven by stronger garment sales, official data showed on Sunday. Exports from July to November, the first five months of the country’s 2015-16 financial year, rmgbdrose 6.7 percent to $12.88 billion from a year earlier, the Export Promotion Bureau said. Sales of garments, comprising knitwear and woven items, totalled $10.46 billion in July-to-November compared with $9.69 billion a year earlier. Garments are a key foreign-exchange earner for the South Asian nation...

Inter-regional cooperation to promote blue economy

Representatives from coastal and island countries from across Asia gathered in Bangkok yesterday to discuss how they can forge stronger inter-regional cooperation to promote Blue Economy approaches to address marine and coastal conservation challenges in the region. The meeting, entitled “A Thematic Consultation on Blue Economy for Climate Change Resilience: Towards Partnerships and Collaboration” was jointly organized by the Embassy of Bangladesh in Bangkok and IUCN (International Union for Conservation of Nature) Asia Regional Office, to create a platform for dialogue amongst South, Southeast and East Asian countries towards greater inter-regional cooperation to sustainably use coastal and marine resources.

Separate ministry of corporate affairs proposed

Institute of Chartered Secretaries of Bangladesh- ICSB President Mr. Mohammad Asad Ullah, FCS, proposed to set up a separate ministry of corporate affairs to provide precise service to about 1.5 lakh listed and many other non-listed companies. The sector which has been contributing about 73% to the country’s economy is being neglected in many ways. A separate ministry for corporate sector will help to boost up the country’s economy and increase revenue in a remarkable way. DSC_6479ICSB President Mr. Mohammad Asad Ullah, FCS was speaking at the 2

BD economic success story excludes millions masses

Dressed in cheap, worn-out clothes, Farida Begum looks much older than her 30 years. Her pale face is etched with worry as she sits in her tiny bamboo-fenced shack next to a railway track in Tejgaon slum, in central Dhaka. The shack has been home for her three-member family for the past four years. It has electricity but no running water, while the local slumlord charges them 1,400 taka (US$18) a month for rent. [caption id="attachment_20715" align="alignleft" width="650"]bd success Despite significant socioeconomic progress in the past decades, about ...

80pc garment factories safe

More than 80 percent of Bangladesh’s garment factories supplying global retailers have been found to be safe, the government said on Monday, citing improvements made after a deadly 2013 accident. Syed Ahmed, the inspector general of factories, said 1,475 garment factories had been assessed as part of a government initiative supported by the International Labour Organization, Canada, the Netherlands and United Kingdom. rmgbdSome 81 percent were found to adhere to building codes, as well as fire and electrical safety standards, he said. Among the other f...

IBFB raises revival of GSP issue to US

The business leaders of International Business Forum of Bangladesh (IBFB) strongly raised the issue of revival of GSP facilities of Bangladeshi products in the U.S. market in a meeting with the U.S. State Department in USA. Mr. Hafizur Rahman Khan, President of IBFB & Chairman of Runner Group of Companies and Mr. Mahmudul Islam Chowdhury, Founding President of IBFB, Chairman of Khan Bahadur Group & former Mayor of Chittagong, discussed about GSP issue in a meeting with the officials at the U.S. State Department held on Tuesday, 03 Nov 2015 in Washington DC. Apart from IBFB leaders, Mr. Kurt W. Tong, Principal Deputy Assistant Secretary of State for Economic and Business Affairs, Mr. Gilbert Morton, Officer for Bangladesh Affairs in the State Department and other officials were p...
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