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By Siddique Islam The European Parliament has asked Bangladeshi authorities to put in place health and safety measures to prevent a recurrence of the clothing factory fire last year that saw more than 111 people lose their lives. The call comes after a resolution was adopted by Members of the European Parliament (MEPs) last week. It […]

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Despite being confronted by high interest rates, local apparel accessories and packaging producers are efficiently supporting Bangladesh’s exports and economy as a whole, Civil Aviation and Tourism Minister Md. Faruk Khan has said. The Minister said this while speaking in the capacity of Chief Guest at the closing ceremony of the fourth International Garment Accessories […]

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By SYED ZAIN AL-MAHMOOD DHAKA–The U.S. is considering dropping Bangladesh from a list of developing countries that receive preferential trade access in the wake of a garment factory fire in November that killed 112 people, exposing the nation’s poor working conditions. An official at the U.S. Trade Representative’s office said it would decide by the spring […]

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Abdur Rahim Harmachi The World Bank’s Country Director for Bangladesh, Ellen Goldstein on Saturday said she will be ‘remembered’ for the Padma Bridge project, which is currently caught up over alleged graft-related complexities. The outgoing WB official, whose term expires in January this year, acknowledged Bangladesh’s discontent over the failure to launch the much awaited […]

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  Economic prospects for Bangladesh and Sri Lanka, in contrast to the rest of South Asia, remained favourable despite a moderate slowdown last year, says a United Nations report. Strong growth in private investment and consumption, backed by a steady increase in remittances, contributed to economic expansion in the two countries. Titled “World Economic Situation […]

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The Bangladesh central bank has withdrawn a proposal to make counterfeiting currency notes a capital offence after Germany’s central bank said it would suspend a plan to help the Bangladeshi bank because of the death penalty threat. Bangladesh Bank governor Atiur Rahman said a proposal to impose the death penalty for forgery had been forwarded […]

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This January 16 photo shows a Mirage car, Mitsubishi Motors’ latest compact, fuel-efficient vehicle, at its launching event by Rangs Ltd in Dhaka. Mitsubishi Motors Corporation (MMC), a world-famous Japanese automaker, is planning to set up a manufacturing unit in Bangladesh with an initial investment of Tk 400 crore to produce ‘Mirage Sedan Car’ to […]

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The lender now says Bangladesh’s GDP growth will fall to 5.8pc this year on slow exports, investment The World Bank has revised down its GDP growth forecast for Bangladesh to 5.8 percent due to slow exports and low investment. The global lender earlier projected the country’s GDP (gross domestic product) growth at around 6 percent, […]

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Analysts say smartphones, 3G to fuel e-commerce growth Analysts take part in a roundtable on e-commerce, jointly organised by Bangladesh Association of Software and Information Services and The Daily Star at the newspaper’s office in Dhaka yesterday.  The volume of e-commerce business will get bigger in near future as the use of smartphones marked a […]

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Bangladesh earned $14b last year Bangladesh earned a record amount in remittance, more than $14 billion, and exported the second highest number of workers last year despite the Middle East crisis, said researchers. The remittance earning of the country was around $ 13 billion in 2011. Last year, Bangladesh exported more than six lakh workers. […]

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buy viagra Discussants at a roundtable, “Role of Social Media in Advancing Peoples’ Right to Know”, jointly organised by The Daily Star and London East Bank College Chittagong in the daily’s Chittagong office yesterday. Social media should be used with the purpose to uphold public interests, said Chairman of National Human Rights Commission (NHRC) Prof […]

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The company installs more than one million solar home systems Nobel Laureate Prof Muhammad Yunus speaks at a programme organised at Radisson Hotel in Dhaka yesterday to celebrate the installation of one million solar home systems by Grameen Shakti. Prof Muhammad Yunus and his Grameen Shakti team were showered with praises from people of all […]

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