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Exports bounce back, up 7 pct in August

Bangladesh exports in August rose 7.25 percent from a year ago to $2.16 billion, government data showed on Sunday, driven by an increase in readymade garment exports and ending a brief slowdown in July. Exports fell 1.4 percent in July from a year earlier, the first decline since August 2012. The August figures were still 17.5 percent below the government’s monthly target. rmgReadymade garments, comprising knitwear and woven items, fetched $4.23 billion in July and August, the first two months of the current financial year, compared with $4.16 billion...

Judge impeachment bill placed in JS

The constitutional amendment bill to restore the parliament’s authority to impeach Supreme Court judges for misconduct or incapacity was placed in parliament this evening. Law Minister Anisul Huq placed the bill in the parliament amid full support of main opposition Jatiya Party lawmakers. sangsad bhabanThe bill was sent to the parliament standing committee on law ministry giving it seven days for submitting a report in parliament after scrutiny. All parliament members of ruling alliance also supported the bill by thumping up their des...

Bangladesh withdraws from UNSC candidature in Japan’s favour

Bangladesh today said it would withdraw its candidature for a non-permanent seat in the UNSC in favour of Japan, as the Japanese Prime Minister Shinzo Abe arrived here on a two-day visit to boost economic and security ties. “We would...Withdraw Bangladesh’s candidature (for a non-permanent seat on the UN Security Council) in favour of Japan,” said Prime Minister Sheikh Hasina at a joint press briefing with Abe. abes-dhaka-visitShe said: “In view of Japan’s continued and strong support in Bangladesh’s development process and ...

Five arrested while cheating during DU admission test

ARREST_2540291bThe examiners have caught five admission seekers on the first day of the admission tests for the first year honours courses at Dhaka University for cheating in examination halls.

The examiners caught the students at Badrunnesa College, Ideal College, Home Economics College and Government Laboratory and School examination centres on Friday morning.

Dhaka University's acting proctor Amzad Ali said: “They were caught while they ...

$10m fund for fire, building safety

safety-team-buildingThe International Finance Corporation (IFC)—a member of the World Bank—and VF Corporation, an American retail giant, will provide $10 million to the Bangladeshi suppliers of VF to ensure fire and building safety.

VF, the parent company of many well-known brands like The North Face, Vans, Wrangler and JanSport, will provide a full corporate guarantee in support of the loan, IFC said in a statement yesterday.

The f...

TEXAPP to discuss Bangladesh textile, apparel sector

TEXAPP Bangladesh 2014 - Bangladesh Textile & Apparel Forum, which is expected to bring together Bangladesh’s textile and apparel industry leaders and machinery importers of Bangladesh under one roof, will be held from September 3, 2014, in Dhaka. Bangladesh-rmg-workerThe event, being organized on the sidelines of the 15th TexTech Bangladesh 2014 International Expo, will discuss several issues related to the Bangladesh apparel industry and also deliberate on how to further take the industry forward in t...
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