Month: June 2013

It says failure to ensure factor safety standards can affect overall export The World Bank on Sunday expressed its doubt about achieving the government’s target of GDP growth at 7.2 per cent and revenue collection to Tk 1,36,090 crore in the upcoming fiscal year 2013-2014. ‘Achieving gross domestic growth at 7.2 per cent

The telecom regulator has sent a draft amendment to Nationwide Telecommunication Transmission Network guideline to the telecommunications ministry which will allow the mobile and WiMAX operators to enter into the NTTN business. Bangladesh Telecommunication Regulatory Commission officials said the draft amendment to the NTTN guideline would allow

Bangladesh exported goods worth $35million or 0.72 per cent of the total to the USA under its Generalised System of Preference programme. ‘As per the statistics of United States International Trade Commission programme Bangladesh’s total amount of export to the USA was $4,878million in 2012.

Biman plans to recruit a general sales agent for opening its cargo service in 15 offline destinations in Europe. To be appointed for at least three years, the GSA would be expected to look after the national carrier’s freight service where it doers not operate flights,

Netherlands wants to support the garment industry of Bangladesh to grow in a responsible manner, said a Dutch minister in Dhaka on Sunday. Dutch trade and development cooperation minister Lilianne Ploumen also urged global buyers not to stop sourcing from Bangladesh apparel sector.

The expenditure for activities under the corporate social responsibilities by the scheduled banks increased by 39.22 per cent in 2012 against a 6.07-per cent rise in 2011. According to the latest Bangladesh Bank data, the banks spent Tk 304.66 crore for CSR activities in last year while they spent Tk 218.83 crore in 2011.

Dhaka stocks gained heavily on Sunday as investors became hopeful after the elections of the new leaders of the bourse and the peaceful end to four city corporation polls in the previous day. DSEX, the benchmark general index of Dhaka Stock Exchange, gained 2.44 per cent, or 99.87 points, to close at 4,179.67 points.

Bangladesh on Sunday received an award from Food and Agriculture Organisation in recognition of its progress in fighting hunger and eradicating poverty through ensuring its food security. A total of 38 countries, including Bangladesh, were honoured with the ‘special recognition’ for their outstanding progress in fighting hunger and poverty at a special

Banglalink has appointed Shihab Ahmad as its chief commercial officer with effect from June 26, said a press release. Prior to this appointment, Shihab was the company’s senior marketing director. He has served the company for over 8 years now,

Shuvra Kanti Choudhury will join Central Depository Bangladesh Limited as its deputy managing director today. Prior to this appointment, he was the chief financial officer and acting chief executive officer of the Dhaka Stock Exchange.