Fix private sector’s problems to achieve SDGs: experts From left, Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh, Debapriya Bhattacharya, distinguished fellow at the Centre for Policy Dialogue, Asif Ibrahim, vice chairman of Newage Group, and M Masrur Reaz, senior economist in the Trade & Competitiveness Global Practice of the World […]
Policy on cards for apparel buying houses The government is set to frame a policy to bring in discipline and ensure accountability among the buying houses in the export-oriented apparel industry. The commerce ministry has already prepared a draft that seeks to get buying houses registered with the Export Promotion Bureau. Without registration with the […]
82pc remediation complete: Accord Some 82 percent of overall remediation works have been carried out until January 1 this year in garment factories under the Accord, a platform of over 200 European clothing retailers and brands formed mainly to strengthen workplace safety. A total of 127 garment factories have already completed all kinds of remediation […]
Orion opens LPG bottling plant in Mongla Orion Group yesterday opened a liquefied petroleum gas (LPG) bottling plant in Mongla in a bid to plug the gap in cooking fuel supply. The plant built at a cost of Tk 200 crore will supply 80,000 tonnes of LPG per year. The country’s demand for LPG, used […]
Changes needed in economic pattern Local and regional institutions should be restructured to benefit from global business, for which political willingness is highly important, economists said yesterday. “The core challenge for South Asian countries is to restructure their economic pattern,” said Rehman Sobhan, chairman of the Centre of Policy Dialogue, at a session on the […]
Political harmony needed to achieve GDP target: MCCI Political harmony should be maintained in the country to achieve the government’s economic growth and inflation targets, said the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) yesterday. It said adequate infrastructure, energy, policy continuity, skilled manpower, political stability and investment-friendly climate are the key factors for […]
Another 300MW on way from India The cross-border power trading arm of India’s state-owned National Thermal Power Corporation has won a contract for supplying 300 megawatts to Bangladesh for fifteen years. The power supply is expected to start from June this year, said a statement from the NTPC, the country’ largest power generation firm. As […]
No reason to reject China consortium’s proposal: BSEC chief There is no basis for turning down the Chinese consortium’s proposal to buy 25 percent stakes in Dhaka Stock Exchange and become a strategic partner, said M Khairul Hossain, chairman of the Bangladesh Securities and Exchange Commission. At the same time, the proposal from the National […]
Govt plans ‘textile village’ under PPP The government is going to set up a “textile village” on 28 acres of land belonging to Tangail Cotton Mills under Bangladesh Textile Mills Corporation (BTMC) through a public-private partnership (PPP) initiative. Ramisa Group has proposed to develop the village at Mirzapur in Tangail at an estimated cost of […]
Leather goods exporters stare at tough times Bangladeshi footwear and leather goods exporters are bracing themselves for tough competition in the global market after the Indian government recently announced a mega financial incentive for the sector’s revival. Both the countries export footwear and leather goods to the same destinations like the EU, the US and […]