Browse Tag

lead

Export privileges to US sought on climate vulnerability grounds

Citing its increasing vulnerability to the impacts of climate change, Bangladesh has sought exemption from quotas and duty for all its exports to the United States. US trade representatives have said they will consider the call for “duty free, quota free” privileges, according to Bangladesh’s commerce secretary, Mahbub Ahmed. Such a rule change, if adopted, would make Bangladesh one of the first countries to receive duty reductions for “economic vulnerability” because of climate change. Bangladesh-rmg-workerIncreased ...

Narrow mindset hindering outlook for solar project

A conservative outlook in scrutinizing bids for a solar power project may jeopardise the government’s intention to lower the renewable energy price. Even many world renowned companies are apprehended to be left out from participating in the final round of bidding, due to the narrow viewpoints of the bid evaluating body. Official sources said that as part of the government’s 500 MW solar power programme, the state-owned Power Development Board (PDB) recently invited bids from local and international companies to set up a 30 MW solar power plant in Kurigram district. solar

Pharmaceuticals a burgeoning export industry for Bangladesh

Two decades after its emergence as the world’s second-largest exporter of readymade garments, Bangladesh is now positioned to become a leading exporter of pharmaceutical products. Its Tk. 4 billion ($51.7m) in pharmaceutical export earnings pales in comparison to the $20 billion the nation makes from readymade garment exports. But the sector’s growth is phenomenal given the fact that 20 years ago, 75% of Bangladesh’s pharmaceutical products were imported. Now, 97% of Bangladesh’s need is produced locally. pharma“Demand for our products is growing e...

BJP reaffirms stand against land, Teesta deals with Bangladesh

Prime Minister Sheikh Hasina on Sunday called up the BJP’s prime-minister elect Narendra Modi to congratulate him even as the new government he is set to lead may find it difficult to meet Dhaka’s key expectations. Hours after the call, the BJP reaffirmed its stand of opposing the deal the two countries’ governments had inked during outgoing Prime Minister Manmohan Singh’s visit to Bangladesh in September 2011. bd-indiaHasina and her Awami League government have been upset over the Congress-led United Progressive Alliance government’s failure...

$7225m required for agri development master plan

An investment of about $ 7,225 million is needed to implement the priority programmes of the Master Plan for Agriculture Development in the country’s southern region during the 2013-2021 period. This was revealed at a presentation on the master plan to apprise the development partners at the NEC 2 at the city’s Sher-e-Bangla Nagar on Sunday, reports UNB. The government with technical support from FAO has prepared the master plan, aimed at sustainable food security, poverty reduction and livelihood development for the poor. This is a roadmap for integrated agricultural development in the country’s coastal zone.

Potential to ‘have better share of global leather market’      

Bangladesh has enormous potential to increase its global market share of leather and leather goods export putting the export volume at US$ 16 billion within a decade, ministers and industry leaders said here. The use of modern technology, environment-friendly components and availability of skilled workforces along with easier access to credit for investment can help achieve the goal of higher leather and leather goods export, they said on Sunday. Bangladesh has so far grabbed only 0.46 percent of the global market share while the export of leather and leather goods exceeded US$ 1 billion though the sector could be the second largest export sector after RMG, they observed, UNB reports.
Verified by MonsterInsights