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A file photo shows workers sewing clothes at a readymade garment factory on the outskirts of Dhaka. The government has cut source tax on export earnings for readymade garment and other export-oriented sectors to 0.60 per cent from 1 per cent amid apparel makers’ hectic lobbying for the reduction. — New Age photo The government […]
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PreviousNext The China-based Asian Infrastructure Investment Bank (AIIB) plans to invest $270 million in a Bangladesh clean water infrastructure project. The project aims to improve access to piped water and sanitation to municipalities with poor water quality. The announcement was made on Sept 3, when members of the AIIB’s Board of Directors visited Savar to […]
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The government has cleared the Delta Plan 2100 as a long-term strategy to prevent floods and soil erosion, manage rivers and wastes, and supply water throughout the century. The government will initially take 80 projects to implement at six ‘hotspots’ by 2030 at an estimated cost of $37.5 billion in the first phase of the […]
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In an ambitious plan to connect the member states of BIMSTEC, foreign ministers from the seven-nation grouping on Wednesday identified and agreed to push forward 167 connectivity-related projects at an estimated cost of $50 billion The foreign ministers have agreed to approve projects, at least in principle, following a detailed study by the Asian Development […]
Continue reading …Finance Ministry recommends BSEC increase closed-end mutual funds duration
August 30, 2018 No Comment
Finance Minister AMA Muhith Mehedi Hasan/Dhaka Tribune A letter signed by Finance Minister AMA Muhith recently, was sent to BSEC to consider extending the duration to 10 years of the mutual funds which will mature by 2023 The Ministry of Finance has recommended that the Bangladesh Securities and Exchange Commission (BSEC) extend the tenure of […]
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A file photo shows workers sewing clothes at a readymade garment factory on the outskirts of Dhaka. Twenty-two per cent of female garment workers face physical, psychological and sexual harassment at workplace or on the way to/from the workplace, says a recent study. — New Age photo Twenty-two per cent of female garment workers face […]
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Cowhides are salted for preservation at a storehouse in Old Dhaka. Photo: Mostafigur Rahman. PreviousNext The decision to lower prices for rawhides and skins of sacrificial animals ahead of Eid-ul-Azha was not wrong, Commerce Minister Tofail Ahmed has said. “I read it in the media that a crisis was created over rawhides. When I reduced […]
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The Barisal Hide and Skin Merchants Association claims the failure of the Bangladesh Tannery Association to pay what they were due from last year was the cause of the reduced price of raw hide Dhaka Tribune In local markets hides and skins were collected on the basis of pieces, not on measurement of square feet. Seasonal […]
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Fisheries and Livestock Minister Narayon Chandra Chanda India’s decision to strictly enforce the ban on cow export has worked to Bangladesh’s advantage, Fisheries and Livestock Minister Narayon Chandra Chanda thinks. He says the decision taken by India a few years ago has led to a boom in cattle production, easing pressure on ‘imports’. The minister […]
Continue reading …Bangladesh Welcomes Malaysian Effort to Open Foreign Worker Hiring Process
August 16, 2018 No CommentBangladesh Welcomes Malaysian Effort to Open Foreign Worker Hiring Process Sharif Khiam and Ali Nufael Benar News Dhaka and Kuala Lumpur 2018-08-15 Migrant workers stand in a field in Malaysia, Aug. 14, 2018. S. Mahfuz/BenarNews Bangladesh has welcomed Malaysia’s decision to end a monopoly on recruitment of workers from the South Asian nation, saying […]
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Bangladesh government has created a scope for three leading mobile operators to earn additional combined monthly revenue of around Tk 387 crore by introducing unified minimum rate of Tk 0.45 per minute, leaving the subscribers to feel the pinch of increased call rate. Four mobile phone operators, following a directive from the Bangladesh Telecommunication Regulatory Commission (BTRC) […]
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File photo of workers at a ready-made garment factory Mehedi Hasan/Dhaka Tribune According to provisional data from the Export Promotion Bureau (EPB), Bangladesh earned $3.01 billion in July, 21.72% higher than the $2.47 billion earned in the same period last year Bangladesh’s apparel export earnings in the first month of the fiscal year saw the highest […]
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