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Prime Minister Sheikh Hasina said, “For many countries Bangladesh is now considered as a role model of socio-economic development. Around five crore people elevated their position from poor-class to middle-class and per capita income has been raised to US$ 850 from US$ 630,” The artillery strength of Bangladesh Army has entered into a new phase […]

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By Alex Renton in Dhaka Dhaka’s leather business is booming, yet 90% of workers die before 50 and the industry causes pollution on a major scale The smell catches you from blocks away: a throat-tightening mix of bad egg, rotten meat and acrid ammonia. Among the rickshaws, barefoot men push carts piled with grey-blue skins. In […]

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India has sought Bangladesh’s permission to allow exports by Indian companies operating in its country through the North-Eastern region besides earmarking land for setting up India-specific Special Economic Zones (SEZs) there. North-East Region may serve as a gate-way for exporting goods from Bangladesh, especially, to Indian market and can help in giving a push to […]

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This high yielding China-origin variety of orange has seen successful cultivation at Agriculture Research Station in Khagrachhari Sadar upazila, thanks to the initiative of five researchers of Bangladesh Agriculture Research Institute.Photo: STARKafil Mahmud, Khagrachhari A newly introduced high-yielding variety of orange has seen successful cultivation in the district, following research by Bangladesh Agriculture Research Institute […]

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Hit by hartal, top business body urges opposition The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the BNP-led alliance to withdraw the eight-hour hartal called for today and proposed holding dialogues to resolve political issues. “Please find alternatives [to hartal] to carry out your political movement. Do not call hartal for […]

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LGRD Minister and Awami League General Secretary Syed Ashraful Islam on Wednesday sharply criticised US Ambassador Dan W Mozena for pushing Bangladesh to allow trade unions in the country’s RMG factories. Without mentioning the US Ambassador’s name, he said the US envoy should look at his own country first before frequently advising Bangladesh regarding trade […]

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by  F R Chowdhury In the early days of independence our import used to be three to four times higher than our exports. This was an alarming situation. It could not go on like that. We knew Bangladesh had the potentials and that it would find new avenues to eventually balance the situation. Since then […]

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L-R: A man carries a solar panel to install it at a rural home. People install a solar panel, which is a great source of power in off-grid areas. Photo: Grameen ShaktiStar Business Desk Grameen Shakti (GS) has reached the landmark of the installation of one million solar home systems in the country’s rural areas […]

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A high-level meeting will be held on Sunday to decide the fate of pre-shipment inspection (PSI) as its timeframe expires at the end of this month. Chairman of the National Board of Revenue Md Ghulam Hussain called the meeting to discuss the matter with all the customs commissioners. Contacted, a customs commissioner said they will […]

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State-owned Biman Bangladesh Airlines has earned around Tk 1 billion as profit only from the Hajj flights this season. Civil Aviation and Tourism Minister Muhammad Faruk Khan disclosed the information on Saturday at a press conference at the Biman headquarters at the capital’s Kurmitola earlier in the day. He said the airliner has earned a […]

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Analysts at the roundtable say the service needs further promotion, coordination Participants take part in a roundtable on mobile financial services at The Daily Star Centre in Dhaka yesterday.Photo: STARStar Business Report Bangladesh can use mobile financial services not only to accelerate financial inclusion, but also to bring more than 85 percent unbanked population to […]

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Australian expert says Bangladesh should showcase its capabilities to the world Abdullah Mamun Bangladesh can become a significant part of the outsourcing industry expected to be worth $124 billion by 2016, said a foreign analyst in the ICT sector. Business process outsourcing (BPO) deals in 2010 were worth $45 billion, of which 46 percent were […]

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