Business - NsNewsWire

Bangladesh’s 2013-14 fiscal exports hit all-time yearly high

By Sheuli Akter DHAKA, July 12 (NsNewsWire) — Bangladesh grossed the highest ever yearly export income in the immediate past 2013-14 (July 2012-June 2013) fiscal year as demand for garment products further soared on Soccer World Cup 2014 in Brazil. An Export Promotion Bureau (EPB) official told Xinhua Thursday export income in the 2013-14 fiscal […]

Bangladesh bans marriages for Rohingya Muslim refugees

Bangladesh said Thursday it has barred official marriages between its nationals and Myanmar’s Muslim Rohingya refugees, whom it claims are attempting to wed to gain citizenship. Law minister Syed Anisul Haque said he has ordered marriage registrars not to officiate any unions between Bangladeshi nationals and Rohingyas and also between Rohingyas themselves, thousands of whom […]

Speeding bus loses control, killing 11 in southern Bangladesh

At least 11 people were killed as a speeding passenger bus went out of control and collided with the persons standing roadside before plunging into a ditch in Bangladesh’s southern Barishal district on Friday night, the district’s police chief said. “We’ve come to know that 11 persons died while 15-20 others injured as the bus […]

Big brands close factories in Bangladesh due to safety concerns

A North American-led group of fast fashion brands operating in Bangladesh said Friday that it had closed or partially shut seven factories for remediation after inspectors found structural problems and safety concerns. The Alliance for Bangladesh Worker Safety — which includes 26 big brands such as Walmart, Hudson’s Bay Company, The Gap, Canadian Tire and […]

Mobile users to pay 1pc surcharge on talk time, other services

The National Board of Revenue has taken an initiative to impose surcharge at the rate of one per cent on mobile phone services including talk time to boost revenue collection from the sector, officials said. They said that the proposed surcharge would be named ‘development surcharge’. The revenue to be collected from the sector will […]

How tourism is taking off in Bangladesh

How tourism is taking off in Bangladesh It’s way off the south Asian travellers’ trail, but on a recce to Bangladesh, our (theguardian) writer discovers a country about to hit the tourist radar For details: http://www.theguardian.com/travel/2014/jul/05/tourism-taking-off-in-bangladesh

Indian heroin is going to US and Bangladesh now

India is not only producing heroin for its domestic supply but also for both neighbouring and faraway countries like Bangladesh and the United States, according to a UN report. “Heroin originating in India also reaches other countries in South Asia such as Bangladesh and Sri Lanka, although the flow to Sri Lanka has reportedly declined, […]

Bangladesh allows welfare unions in special economic zones after factory building collapse

The Bangladeshi government has approved in principle the draft of a law for economic zones that includes the provision to allow workers to form welfare unions to bargain for their rights. The approval for “Bangladesh EPZ Labour Act-2014” draft came at the regular cabinet meeting with Prime Minister Sheikh Hasina in the chair on Monday. […]

Bangladesh’s mobile phone users reach 116.24 mln

Bangladesh’s mobile phone subscribers topped 116 million at the end of May, with about 3 million new users in the first five months of this year, official data showed Wednesday. According to Bangladesh’s Telecommunication Regulatory Commission (BTRC), the total number of cell phone users in the South Asian country of about 153 million people reached […]