Telenor will invest in the 3G mobile facility in Bangladesh through Grameenphone, the visiting Norwegian Trade and Industry Minister Trond Giske has said.
Category: Trade
Hartal cost RMG sectors Tk 250cr so far
Voicing deep concern at the fresh spell of countrywide shutdown calls, apparel sector’s trade bodies — BGMEA and BKMEA — on Sunday said the exporters had to count additional losses of around Tk 250 crore because of air shipments due…
Tri-nation connectivity dialogue looms
Dhaka is going to host a ‘brainstorming’ dialogue among Bangladesh, India and Bhutan this month to move forward the sub-regional connectivity and hydro power issues with Bhutan and Nepal via India.
B’desh ensures $1bn RMG export to Canada
Bangladesh’s extensive diplomatic efforts and constant lobbying have helped ensure the export of one billion dollar readymade garments (RMG) export to Canada, and paved the smooth way for future export, said an official release on Thursday.
Dollar weakens in Asia after poor US data
The dollar fell against the yen and euro in Asian trade on Tuesday after weaker-than-expected US manufacturing data sparked renewed fears about the state of the world’s biggest economy.
GSP “crucial” for Bangladesh: Mozena
GSP facility is crucial for Bangladesh to benefit from the ongoing World Trade Organisation (WTO) negotiations for duty-free access of products from Least Developed Countries (LDC), US ambassdor Dan Mozena has said.
BTRC to issue VoIP licence to 844 cos
The Bangladesh Telecommunication Regulatory Commission (BTRC) will begin issuance of VoIP (Voice over Internet Protocol) licences from March 25 legalising the business, according to informed sources.
Walmart ‘to reduce reliance on Bangladesh’
Wal-Mart Stores (WMT), the world’s biggest retailer, could move some of its apparel manufacturing out of Bangladesh, according to a report published in Women’s Wear Daily.
Dhaka accounts for Delhi’s 84 pc arecanut imports
India’s arecanut imports from Bangladesh constituted 84 percent of the total imports during the first nine months of 2012-13.
Google announces Android leadership change
Sundar Pichai is replacing Andy Rubin as the head of the Android operating system, announced Google CEO Larry Page on the group`s blog.
Oil falls below $92 a barrel on weak China data
The price of oil fell below $92 per barrel Tuesday as traders absorbed the impact of choppy economic data from China and stock markets showed signs of fatigue after big gains.
FBCCI effort to retain GSP
The FBCCI, the apex trade body of Bangladesh, has requested the United States to continue the Generalised System of Preference (GSP) on goods exported to US. Bangladesh enjoys tax free export of all goods except that of readymade garments to…
Thai minister backs Bangladesh workers
Thailand’s Labour Minister on Monday backed the fishing industry’s idea that its acute labour crisis could be eased by importing manpower from Bangladesh. The National Fisheries Association of Thailand proposal surfaced on Jan 22 apparently as workers from Myanmar, Cambodia…
Congress team for duty free access to US
Foreign Minister Dr Dipu Moni categorically said visiting US Congressional delegation thinks that Bangladesh should get duty free access of its products to US market. The foreign minister also suggested Bangladesh to appoint lobbyists as they need support of more…
Oman keen to invest in BD energy sector
Oman Observer reported that since the Royal Decree of His Majesty the Sultan to establish Oman’s full fledged embassy in Bangladesh last September, the two countries have seen a flurry of activity as they have started gearing up to take…
Petrol-pump owners call off strike
Petrol-pump and tank-lorry owners-workers called off their indefinite strike on Monday evening.
BD Embassy continues its efforts for retaining US-GSP
As part of the Embassy’s efforts to retain US-GSP, Ambassador Akramul Qader held two separate meetings with Congresswomen Betty McCollum and Congressman Adams Schiff on Tuesday, said a press release.
Nike signs mega deal with McIlroy
World number one golfer Rory McIlroy has signed a multi-year sponsorship agreement with Nike as the US sportswear company moves on after dropping disgraced cyclist Lance Armstrong last year.
Petrol pump owners threaten strike
Convener of Bangladesh Petrol Pump Owners and Tank-Lorry Owners-Workers Unity Council Nazmul Haque said they had earlier asked the government to raise the rates of their commission by Jan 6 — by 3.4 percent on diesel and 4 percent on…
Forex reserve top $13b for first time
The foreign exchange reserve crossed the $ 13 billion-mark for the first time on Monday, thanks to a robust growth of inward remittance as well as decreasing import payment. The reserve rose to $13.04 billion on the day — the…
Biman staff on indefinite strike
The agitating employees of Biman Bangladesh Airlines on Monday called for a non-stop strike from Tuesday as their demands had not been met, according to Moshiqur Rahman, president of the Biman Sramik League. The announcement comes following a day-long sit-in…
High US tariff blamed for poor garment safety
Agency An opinion article in the New York Times has blamed the poor safety conditions in Bangladesh garment factories to high American import duties that forces contractors to “scrimp on labour standards to stay competitive”.