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by Sanjiv Burmann Schoolchildren in a slum in Dhaka, capital of Bangladesh, put their best feet forward to greet German Foreign Minister Guido Westerwelle during his trip. Some stood dressed in their finest clothes and sang songs; others lined the narrow alleys, ready to present him with flowers. Westerwelle may have recalled their faces as […]

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Dhaka, June 24 (Xinhua-ANI): Bangladesh’s food grain import during July-April period of the outgoing 2011-12 fiscal year ending this month declined sharply by more than 50 percent year-on- year, said a central bank official of Sunday. Quoting Bangladesh Bank (BB) data, the official who preferred to be unnamed said Bangladesh’s rice import plunged 56.32 percent […]

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More than 300 clothing factories in Bangladesh have re-opened after several days of violent protests by workers over salaries. Tens of thousands of workers vandalised plants and clashed with the police, demanding better pay and conditions. Garment workers last got a pay rise two years ago but union leaders say pay has not kept pace […]

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By JULHAS ALAM Bangladesh said Thursday it anticipates 7.2 percent economic growth in the coming fiscal year from increased export earnings and more remittances from Bangladeshis abroad. Finance Minister A.M.A. Muhith unveiled the budget for 2012-13 in Parliament amid a boycott of the proceedings by the opposition, who accuse the government of repressing its leaders […]

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(Reuters) – Bangladesh’s exports fell for the third month in a row in May, government figures showed on Sunday, as the euro zone debt crisis continued to subdue the country’s economy. In May, exports plunged 4.17 percent from a year earlier to $2.199 billion, Export Promotion Bureau data showed. In April, exports fell 7.13 percent […]

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Finance Minister A M A Muhith at a post-budget briefing Friday termed the proposed budget as ‘people’s budget’, and defended the money whitening facility offered in the budget for the sake of economy and investment. He said the siphoning off undisclosed money would decrease, if such money is injected into the formal economy. The finance […]

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