Bangladesh allows exports of rawhide

Rawhide and skins from animals sacrificed during Eid al-Adha can now be exported, Bangladeshi Commerce Minister Tipu Munshi said Wednesday. The development comes after prices have dropped significantly this year after the Muslim religious festival when people sacrificed millions of animals such as sheep, cows, goats and camels on the sacred day here on Aug. 12, […]

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Asian Growth Steady Despite Rising Trade Tensions

MANILA, PHILIPPINES, July July 20 (NsNewsWire)– Growth in Asia and the Pacific’s developing economies for 2018 and 2019 will remain solid as growth continues apace across the region, despite rising tensions between the United States and its trading partners, says a new Asian Development Bank (ADB) report. In a supplement to its Asian Development Outlook (ADO) 2018 report released […]

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Robi counts loss of BDT 2.8 billion in 2017 despite promising growth

DHAKA, Feb. 22 (NsNewsWire) — Despite encouraging growth in terms of both subscriber and revenue, Robi was unable to register any profit in 2017. Alongside continued investment for network development, a number of market and regulatory factors forced the company to incur heavy net loss of BDT 2.8 billion in 2017. Robi has published the […]

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Bangladesh scraps Thai rice deal

BENGALURU, India: Bangladesh scrapped a plan to import Thai rice, citing delays in finalising a deal, as rice prices in India and Thailand fell this week, pressured by sluggish overseas demand, reports Reuters. Bangladesh, which has emerged as a major importer of rice since 2017 after floods damaged its crops, scrapped a plan to import […]

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Williamson wags limp finger at China

Williamson wags limp finger at China Source:Global Times Published: 2018/2/13 22:33:41 British Secretary of State for Defence Gavin Williamson showed his tough stance against China as he wrapped up his visit to Australia. “We shouldn’t be blind to the ambition that China has and we’ve got to defend our national security interests,” he told ABC, […]

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Williamson wags limp finger at China

Source:Global Times Published: 2018/2/13 22:33:41 British Secretary of State for Defence Gavin Williamson showed his tough stance against China as he wrapped up his visit to Australia. “We shouldn’t be blind to the ambition that China has and we’ve got to defend our national security interests,” he told ABC, adding that “We’ve got to ensure […]

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Bangladesh 4G spectrum auction attracts nearly 500 mln USD in bids

by Naim-Ul-Karim DHAKA, Feb. 13 (Xinhua) — Bangladesh’s top two cell phone companies bid nearly 500 million U.S. dollars on Tuesday to obtain spectrum for fourth-generation (4G) services as part of government’s plans to expedite the launch of 4G mobile services. The country’s largest cell phone operator Grameenphone, 55.8 percent owned by Norwegian telecom company […]

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US economic nationalism a hard sell in Davos

Source:Global Times Published: 2018/1/27 0:13:39 1 US President Donald Trump on Friday addressed the World Economic Forum in Davos, saying “America First does not mean America alone” and that “when the US grows, so does the world.” This address sounds like a PR statement in face of global opposition over the past year. Trump did not […]

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Global unions reach $2.3 million Bangladesh Accord settlement with multinational brand

GENEVA, Jan. 23 (NsNewsWire) — IndustriALL Global Union and UNI Global Union have reached a US$2.3 million settlement with a multinational apparel brand to remedy life-threatening workplace hazards. The settlement, reached through an arbitration process under the legally-binding Bangladesh Accord for Fire and Building Safety, represents one of the largest payments made by a brand […]

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