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Bangladesh imports US corn

In a historic turn of events, Bangladesh recently purchased almost 100,000 metric tons (3.9 million bushels) of U.S. corn, the largest quantity purchased by the country since 1989 when the U.S. Department of Agriculture’s (USDA’s) Global Agricultural Trade System (GATS) first began recording sales. These sales are directly attributable to U.S. Grains Council (USGC) programming and educational activities to inform Bangladeshi buyers of the current market situation. The Council has been very active and engaged in Bangladesh for the past two years, including bringing a strong bd-us...
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IBBL Board Meeting held

A meeting of the Board of Directors of Islami Bank Bangladesh Limited (IBBL) was held on October 23, 2015 Friday at the Board Room of Islami Bank Tower. Engr. Mustafa Anwar, Chairman of the Bank presided over the meeting. Local and foreign Directors along with Mohammad Abdul Mannan, Managing Director of the Bank were present in DSC_01the meeting. The meeting approved third-quarterly unaudited financial statement and expressed its satisfaction while evaluating the performance of the Bank over the success & progress achieved so far. Besides, the board ga...

Consumer products shining hope in Bangladesh

Bangladesh is emerging as one of the world’s next great growth opportunities for companies with a keen understanding of the nation’s rising consumer class. Every year, 2 million Bangladeshis join the ranks of middle-class and affluent consumers, and they are highly optimistic about the future, value foreign brands, and are jumping onto the digital bandwagon. These are among the findings in a new report by The Boston Consulting Group (BCG). The report, titled Bangladesh: The Surging Consumer Market Nobody Saw Coming, is being released today. The BD couple...

Policy to end child marriage must in Bangladesh

Fifteen months after pledging to end child marriage in her country, Bangladesh’s prime minister, Sheikh Hasina, seems determined to lower the age of marriage in Bangladesh. In July 2015, at the Girl Summit in London, United Kingdom, Sheikh Hasina announced plans to end child marriage under 15 in Bangladesh by 2021, and to end child marriage under 18 by 2041. These commitments were very welcome given the high rate of child marriage in Bangladesh: 29 percent of girls are married by age 15, the highest rate in the world. By age 18, when they should be graduating from high school, 65 percent of girls are married. A horrifying

Bangladesh’s teenage surf girls

They lead double lives. Born into poverty in the Bangladeshi district of Cox’s Bazar, Johanara, Aisha, Shumi, Rifa, Suma, Shobe Majaraz, Mayasha and Nargis wake up early each morning to go to work hawking snacks and handcrafted jewelry on their local beach down in the southern reaches of the country, along the Bay of Bengal. They work late into the night, earning as much as they can to support their families. Shumi, 11, is the only one among this group of eight friends ranging from 10 to 13 who goes to school. She wishes to become a doctor when she grows up. But the odds are stacked against her in what, despite making significant strides in recent years to improve the position of its women [caption id="attachment_20388" align="alignleft" width="468"]

15 techno parks by 2021

Bangladesh is setting up four technology parks to promote IT export and business process outsourcing (BPO) business and hopes to attract investment from the Middle East market. Rafique Ahammed, Commercial Counsellor at Consulate General of Bangladesh, told Gulf News that the plan is to have 15 techno parks by 2021 and seeks $1 billion (Dh3.67 billion) export earnings within the next three years. He said the South Asian country offers a huge potential for ICT (information and communications technology) sector as it gears up the digital transformation with ‘Digital mobiledevi...
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