Bangladesh labour supply to Malaysia to increase

Malaysia, Nov. 13 (NsNewsWire) — Bangladesh is ready to help supply labour to meet demand from Malaysia’s agriculture and plantation industries for workers and this can be best done through the government to government transfer system between both nations. “There are around 500,000 Bangladeshi laborers across Malaysia at the moment, except in Sabah. Through the […]

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Modern prawn trade center inaugurated for southwestern Bangladesh farmers

DHAKA, Nov. 12 (NsNewsWire) — A joint venture trade center with all modern fish processing and standard facilities has been inaugurated in Bangladesh’s southwestern Khulna district for hundreds of prawn farmers. The ‘SaFaL – Model Fish Buy & Sell Centre’ was inaugurated by Abdur Rashed, deputy director of Fish Inspection & Quality Control (FIQC), Department […]

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Bangladesh’s July-October Exports Shrink

DHAKA, Nov. 11 (NsNewsWire) — Bangladesh’s July-October merchandise export earnings fell about 1 percent from that in the same period a year earlier, said an Export Promotion Bureau (EPB) official Tuesday. According to the official, the country’s export income reached 9.652 billion U.S. dollars in the first four months of the current fiscal year 2014-15 […]

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Bangladesh imports surge 10 pct in Q1 of current fiscal year

DHAKA, Nov. 11 (NsNewsWire) — Bangladesh’s imports surged 10 percent year on year to nearly 10 billion U.S. dollars in the first quarter of the 2014-15 fiscal year (July 2014-June 2015), showed the central bank. According to statistics of the Bangladesh Bank (BB), the settlement of letters of credit (LCs), generally known as actual imports, […]

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Bangladesh signs 1.12 bln USD Padma river training deal with Sinohydro

DHAKA, Nov. 10 (NsNewsWire) — Bangladesh has signed a nearly 90 billion taka (over 1.12 billion U.S. dollars) deal with Chinese Sinohydro Corporation Limited for training works of the country’s 3 billion U.S. dollars Padma bridge project. Shafiqul Islam, director of the Bangladesh’ Padma bridge project, and Lyu Liushan, a senior official of Sinohydro Corporation […]

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China’s inflation up 1.6 pct in October

BEIJING, Nov. 10 (NsNewsWire) — China’s consumer price index (CPI), a main gauge of inflation, grew 1.6 percent year on year in October, the National Bureau of Statistics (NBS) said Monday. The inflation index was in line with the consensus projection, and was the same as that of September, which was the lowest since January […]

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Nobel laureate Yunus’ reputation precedes him in the Saudi capital

DHAKA, Nov. 9 (NsNewsWire) — The excellent reputation of Professor Muhammad Yunus preceded him when he came to the Saudi capital on Monday night as the winner of the 2nd Global Entrepreneurship Award (GEA 2014). Visitors at the awards ceremony had their eyes fixed upon him as he entered the Ritz-Carlton in Riyadh, whispering among […]

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Mobile distributor SiS subsidiary to be listed in Bangladesh bourses

DHAKA, Nov. 6 (NsNewsWire) — A leading Asian investment holding company has announced that its subsidiary — Information Technology Consultants Limited (ITCL) — will be separately listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange in Bangladesh. ITCL Wednesday made the announcement in a press release. SiS International Holdings, engaged in the distribution […]

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