Archive / January - 2021
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Bangladesh Economy 2020: Soaring from the rubbleThe year 2020 started out with a cloud of uncertainty hanging over the horizon. The novel coronavirus was spreading in Europe, the vacation spot of...Searching for substance found in the discourse into the future of jobsThe work-sharing between humans and machines is a contentious issue. The discourse possesses been progressing, resulting in some lamentable observations. When confronted with rising low...The entertainment environment hopes to make a comeback after Covid-19 yearThe entire year 2020 will forever be remembered not merely as enough time for pandemic but also as the main one with empty stadiums, galleries,...Bangladesh mulls import of plastic scraps but local manufacturers opposeThe government is wanting to permit the import of environment-friendly plastic scrap goods that usually do not put any adverse impacts on the domestic industry...
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Cotton import grows despite pandemicBangladesh's cotton imports grew by about 9 % to 75 lakh bales in the 2019-20 marketing year (MY) despite the ongoing coronavirus pandemic, according to...Covid-19 and SDG 9: Strengthening infrastructure and innovationOn February 3, 2020, Huoshenshan Hospital, a crisis specialty field medical center covering a location of 34,000 square metres and containing 1,000 beds, opened up...Tesla delivers record amount of EVs found in Q4 but falls just brief of full-year targetTesla delivered an archive amount of cars worldwide in the fourth one fourth of 2020, but fell just shy of a goal for 500,000 products...Foreign secy to go to Delhi regarding Modi’s approaching Dhaka tripIssues to be prioritized during Modi’s upcoming go to to Dhaka are connectivity, IT and methods to expedite credit line, says Foreign Secretary Masud Bin...Onion prices tumble due to imports from India startThe cost of onions has dropped to Tk 10-15 per kilogram as the import of the daily essentials from India started yesterday.The cost of local...
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Bangladesh in the age of Artificial IntelligenceArtificial Cleverness or AI, which is apparently the newest and most exciting frontier on science and engineering, attempts to emulate humans on performing sophisticated tasks...Govt formulating mild engineering development policyThe government is attempting to formulate a mild engineering production policy with the purpose of strengthening the contribution of the domestic light engineering industry to...Family Existence During Pandemic: Shed rhythm in new realityIt had been not the spouse and children reunion that she had envisioned.In May this past year, Fahmida Akhter (not her real name) returned to...Setting development priorities correct in 2021As the Covid-19 pandemic still left a deep dent in the production trajectories of Bangladesh, the country must set its development priorities best suited to...‘Abilities passport’ for migrant workersDURING the early a few months of the Covid-19 global pandemic, almost 400,000 migrant personnel were forced to come back home to Bangladesh, not knowing...
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Keeping craftsmanship, and the marriage industryRahman Mia (not his true name) have been supplying flowers to the various event corporations of Dhaka going back 5 years. The business enterprise had...Slack begins 2021 with a global outageSlack, the messaging program used by millions of men and women for work and school, suffered a worldwide outage in Monday, the first time back...Chittagong seaport sees Covid-induced decline on container trafficThe container traffic at the Chittagong port contracted by approximately 6.0 per cent in 2020 as the Covid-19 rattled movement.The country’s main sea port witnessed...What we anticipate in 2021 for BangladeshAgainst all of the odds 2021 ushers in with a lot of targets. The Covid-19 pandemic which engulfed our financial and social lives atlanta divorce...
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Task applications under Canada pilot program starts, might continue for 3 yrsCanada involves 10 provinces and 3 territories. Yukon is probably the territories. The 3 territories can be found to the north of the country. Yukon...COVID-19 ails Bangladesh’s health, politics and economyThe COVID-19 pandemic was pivotal in shaping the politics and economy of Bangladesh in 2020. The state death count remains less than in various other...
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World Lender prediction on Bangladesh market inconsistent: Finance ministerFinancing Minister AHM Mustafa Kamal has said the World Lender is not regular in its prediction about Bangladesh's economy."Sometimes, they make a prediction and frequently...Bangladesh seeks sociable, legal cover of migrant personnel in emergency situationsBangladesh wants community and legal coverage of migrant workers in vacation spot countries during emergency situations including the Covid-19 pandemic which has exposed the sheer...Today Marks the 10th Anniversary of the Mac App StoreWhile the App Store launched on the iPhone in July 2008, the Mac App Store didn't become available until January 6, 2011, when Apple released...Recall of the crazy: South America's new era of nature-led tourismIn 1947, Christopher Isherwood undertook a six-month tour of Southern America, focusing on cultural sites, large cities and hobnobbing with local grandees. The title of...Fair Technology to set up Hyundai car manufacturing facility in GazipurFair Technology Limited, the country's lone distributor of renowned South Korean car supplier Hyundai Motor Company, will set up a good Hyundai car manufacturing facility...Bangladesh, Jordan to interact for strengthening trade tiesBangladesh Ambassador to Jordan Nahida Sobhan met Jordan's Minister of Sector, Trade and offer Maha Ali recently and discussed bilateral issuesBangladesh and Jordan have discussed...
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Bangladesh garment industry 'on danger' - BGMEAGarment manufacturers found in Bangladesh warn that their market could collapse unless the federal government agrees to extend a good scheme to lend them cash...Apple Threatens to Ban Parler From App Retailer as being Twitter Bans Donald TrumpApple offers given conservative social networking Parler 24 hours to implement a full moderation plan and take out objectionable content or encounter a permanent ban...Anguilla Names New Director of TourismAnguilla has named a fresh director of tourism, the island’s tourist plank announced. The destination has tapped tourism veteran Stacy Liburd to the role, in a...Furniture makers endure a down economy amid pandemicThe furniture industry has been kept devastated by the ongoing pandemic as people tend to shy from non-essential items during times of crisis, according to...Let Bangladeshi workers go back to MalaysiaDhaka has requested Kuala Lumpur to allow the Bangladeshi migrants, who got stranded after coming here on leave because of the pandemic, to go back...
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Migrant women workers suffer both at home and abroadMany women who've faced domestic violence decide go work abroad on search of an improved life. Unfortunately, some of these females who had been mistreated...If China no more really wants to be the world’s factory, who will take its place?China’s transformation into the world’s making powerhouse offers been remarkable. When it joined up with the World Trade Group (WTO) in 2001, it had been...EU trade privilege depends on human rights recordBangladesh must meet the European Union's new criteria on human privileges to retain its duty-free market access to the bloc due to the EU looks...
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$150b export opportunity awaits BangladeshBangladesh needs to utilize the growing e-commerce marketplace and increase the operational efficiency of open public and personal sectors to seize the opportunities on the...Apple and Hyundai collection to agree deal to make autonomous carsHyundai Engine and Apple intend to indication a partnership deal on autonomous electric automobiles by March and begin production by around 2024 in the United...Bangladesh an inspiration for South Asian peersWith rising financial growth during the last few decades, Bangladesh has turned into a start-up hub where businesses reach a new height, according to Binod...Bangladesh exports may face different challengesMaintaining trade benefits will be one of the important challenges for Bangladesh after completing graduation from the least developed country in 2027, according to overseas...
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Facebook says risk to US democracy resulted in ban on Donald TrumpUS President Donald Trump’s Facebook profile was suspended as a result of the threat to US democracy, the social press giant’s chief operating officer said.Sheryl...More SME research to diversify exports: commerce ministerMore research is necessary for export diversification leveraging small and medium enterprises, which will be the lifeline of Bangladesh's economy contributing about 26 per cent...Jordan senate president lauds Bangladesh’s growth during pandemicJordanian Senate President and past primary minister Faisal Akif Al-Fayez has highly valued Bangladesh's above 5 percent GDP growth even during pandemic beneath the leadership...More talks had a need to boost trade with IndiaCommerce Minister Tipu Munshi yesterday needed even more discussions between Bangladesh and India on removing various non-tariff barriers to improve bilateral trade."Steps will be taken...
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BGMEA to start automation of UD issuance Jan 16The Bangladesh Garment Makers and Exporters Association is certainly going to start automation of Utilisation Declaration issuance on January 16 to get efficiency and transparency...Bangladesh Bank, BRAC Lender carry workshop on SME financingThe Bangladesh Lender and BRAC Lender jointly organised a virtual workshop broadcast from the BRAC Lender head office at Tejgaon in the capital on January...Bangladesh becomes 'role model' as AL in electric power: PMAwami League (AL) has turned the nation as a job model in the world because of residing in the state electric power for an extended...
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Mega assignments transforming Bangladesh economy It is often explained that infrastructure-megaprojects are necessary drivers for accelerating economical progress in a developing region like Bangladesh where ordinary GDP growth within the...First rice, now wheat: India rides on global grain trade bandwagonAfter rice, India is set to turn a major exporter of wheat aswell - because of surging international prices from Chinese stockpiling and ultra-low interest...Apple Pay Promo Presents Four Months of Free of charge Coffee From Panera BreadApple today sent out emails highlighting a fresh U.S. Apple Fork out promotion, that will see Panera Breads offering four a few months of unlimited...Goa, India's get together hotspot, reels from lack of international touristsThe sun’s golden rays fall on Goa’s smooth, sandy beaches every evening, magical as ever but strangely quiet and lonely. This holidays, few visitors are...Bangladesh’s Beximco could sell AstraZeneca vaccine by next monthBangladesh’s Beximco Pharmaceuticals will purchase up to three million doses of the AstraZeneca COVID-19 vaccine from Serum Institute of India at about $8 each on...Pakistan looks to improve bilateral tradePakistan is considering resuming direct flights with Bangladesh and establishing maritime connectivity between the two nations to improve bilateral trade."Bangladesh is well-positioned in a variety...
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WhatsApp delays updated online privacy policy after confusion and individual backlashWhatsApp has delayed the launch of a new privacy policy announced earlier this month after dilemma and customer backlash forced the messaging provider to better...Huawei to build major store beyond China in Saudi ArabiaChinese telecoms manufacturer Huawei has partnered with Saudi Arabia-established developer Kaden Investment to create its most significant flagship store exterior China in Riyadh.Huawei’s new retailer...EU talks about vaccine certificates to help summer tourismEUROPE is seeking at a common vaccine certificate to help get travelers to their vacation destinations preventing tourism from suffering another disastrous year due to...Russia Plans to Raise Wheat Export Tax From March 1, Global Prices Rise* Russian government has but to sign off proposal* Russia could keep taxing wheat exports found in the 2021/22 season* Plans a formula-based taxes for...Turkey seeks to improve South Asia tiesIn August 2019, Turkey launched its “Asia Anew” initiative, that was inaugurated by Foreign Minister Mevlut Cavusoglu in a bid to boost the country’s cooperation...Looking in advance retrospectively: A Bangladeshi perspectiveBIMSTEC was founded on 6 June 1997, at first as BIST-EC (Bangladesh, India, Sri Lanka and Thailand Economic Cooperation). Myanmar’s becoming involved December 1997, renamed...
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The future of mobile financial services in BangladeshMobile financial services already are growing at an easy clip in Bangladesh. If interoperability among operators and compliance is certainly ensured, the service's cost is...Zapping COVID: Tech sector calls for aim in virus with latest gadgetryFrom virus-zapping drones to smart masks to disease-predicting wearables, the tech sector is showcasing ways to detect and mitigate the coronavirus outbreak.Medical crisis which forced...Turkish Airlines fined Tk 3 lakh for bringing passengers without Covid-19 negative certificatesA mobile court at Hazrat Shahjalal International Airport fined Turkish Airlines Tk three lakh for delivering three passengers who didn't have Covid-19 negative certificate.The three...SME Foundation to create business incubation centresSME Foundation will probably set up a Organization Incubation Centre (BIC), 1 found in Dhaka and another found in Chattogram, to facilitate entrepreneurship development and...Apparel task uncertainty on the waneWith recuperation of international suppliers and brands' do the job orders, job uncertainty among Bangladesh's garment staff has been alleviated to 4 per cent in...Belgium's King considering go to to BangladeshBelgium's King Philippe is considering a visit to Bangladesh to find its impressive socio-economic development seeing as both countries seek to strengthen trade relations.The King...
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Circular Manner: H&M Launches Children Collection Made From PLASTIC Collected On Indonesian BeachesAs part of its Bottle2Fashion task, H&M has partnered with Danone Aqua to transform plastic material bottle waste from the shores of Indonesia into recycled...Cybersecurity jobs boom in UAE with starting salaries of Dh40,000 or even moreThe rapid shift to remote work in 2020 has resulted in a shortage of qualified cybersecurity professionals in the UAE.But lucrative prospects await those willing...Trump administration revokes licences of Huawei suppliers including IntelThe Trump administration notified Huawei suppliers, including chip maker Intel, that it's revoking selected licences to market to the Chinese company and intends to reject...Cottage Sector, SMEs: Tk 2,700cr fresh stimulus unveiledWith small businesses still struggling to recover from the pandemic-induced monetary slowdown, the government has rolled out two fresh stimulus packages involving Tk 2,700 crore...Ambassador Miller: Dhaka-Washington ties to get more robust under Biden administrationJoint efforts ought to be designed to put pressure in Myanmar over Rohingya circumstances, says US envoyUS Ambassador to Bangladesh Earl R Miller has said...Dhaka, Delhi conducting analysis to sign trade dealDhaka and New Delhi are preparing a good joint study report to sign a comprehensive economic partnership arrangement (CEPA) to improve bilateral trade and expenditure...
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Wrong actions ruin Bangladesh sugar industryThe liberalisation of sugar import possesses subjected the ailing state-possessed sugar mills to an uneven competition, delivering them to the brink of collapse with the...Bangladesh an emerging big monetary force, says Iranian ambassadorIranian ambassador to Bangladesh Mohammad Reza Nafar reported that Iran wished to engage deeply with Bangladesh in the energy sector and make the bilateral trade...Tapping into the probable of IT providers in BangladeshFreelancing possesses paved its approach as an appealing career path for the countless educated unemployed in Bangladesh. The largely untapped market segments of freelancing, outsourcing,...Setup specialised bank for little enterprises: DCCIThe Dhaka Chamber of Commerce and Sector (DCCI) yesterday recommended creating a specialised lender or fund to greatly help cottage, micro, tiny and moderate enterprises...Trade contract with Nepal soon: ministerThe federal government will sign a preferential trade agreement (PTA) with Nepal within a short time so that you can improve bilateral trade, said Commerce...Wildlife Trade: 2 traffickers held with deer hidesLaw enforcement detained two alleged traffickers along with 19 deer hides found in Bagerhat's Sharankhola yesterday, 3 days after a tiger's skin was first recovered...
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Social distancing proves a boon for bicycle exportersThe necessity to maintain social distancing to avoid infection amid the ongoing coronavirus pandemic has buoyed the global demand for bicycles.And with Bangladesh being an...Bangladesh the favored option in an uncertain worldAmong the main characteristics which brands look for when getting into a sourcing destination are political balance. Stability brings confidence and certainty and permits makes...Bangladesh-US ties to attain new heightForeign Minister AK Abdul Momen yesterday reported relationships between Bangladesh and the US will reach a fresh height beneath the Joe Biden administration."We are very...Contentious cruising: China's Paracel Islands tourism is about more than travelThey're known for clear aquamarine waters, stretches of soft beaches ... and political intrigue.Welcome to the Paracel Islands.After an 11-month suspension due to the pandemic,...Pandemic wipes out 3.57 lakh apparel jobs: studyThe coronavirus pandemic destroyed 3.57 lakh jobs in the garment industry in Bangladesh in 2020 as factories gone for layoffs and closures as a result...Unemployed Supertankers Are Going to Get Junked on Asia’s BeachesCovid-19 is destroying the marketplace for supertankers that deliver about a fifth of the world’s crude oil. The effect may very well be booming trade...Rules need further reforms for steady global trade financeThe main modes of international trade are export and import plus they involve four common ways of payment: profit advance, open account or supplier credit,...
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UN report: Bangladesh’s economic growth dropped to 0.5% in 2020Bangladesh has seen a good dramatic drop in it is monetary growth in the 2020 twelve months as the country’s monetary growth fell to 0.5%...Twitter acquires newsletter program RevueTwitter acquired Dutch newsletter program Revue for an undisclosed sum found in a bid to include more features for its users.Revue allows users to create...Airports in Bangladesh lack modern methodology facilities: AOABAll important airports in Bangladesh lack contemporary approach facilities and there are several obstacles, including large delay in obtaining permission for import and export of...Evaly brings SME package to deliver products to entrepreneursEvaly, among the leading digital marketplaces in Bangladesh, has brought SME deal to provide the products made by factories across the country easily to tiny...‘Trade, expense should dominate Bangladesh-US ties’Bangladesh diplomacy should be more proactive to get period from Biden administration, which is pre-occupied by Covid-19 pandemic, for gains from Dhaka-Washington relationship, eminent personalities...
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Bangladesh garment sector struggles as pandemic empties order booksBangladesh’s huge export-oriented readymade garment industry is fighting for its survival after fresh coronavirus curbs in Europe and North America shrivelled already-weakened order books, industry...Withdraw anti-dumping duty on hydrogen peroxide: Commerce minister to PakistanBangladesh Commerce Minister Tipu Munshi today demanded that Pakistan withdraws the anti-dumping duty about export of hydrogen peroxide for greater bilateral trade between the two...Apple Saw Largest Number of iPhone Upgraders Ever found in Q1 2021The release of the new iPhone 12 models which have all-OLED shows, edge-to-edge designs, 5G connectivity, and significant camera improvements, drove a rise in both...Economy will go back to high growth path next fiscal year: UNBangladesh's economy will return to the high growth trajectory in the next fiscal season overcoming the scarring impacts of the coronavirus pandemic, according to a...
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96% MSMEs in Bangladesh lost income in Covid-19 pandemic'42% of MSMEs and smaller businesses are in direct threat of failure in the next six months and regardless of an economy's level of development'An...GameStop soars again seeing that Wall Street bends under great pressureAnother episode of selling gripped the US stock market Friday, as anxiety mounts above whether the frenzy behind a swift, quick rise on GameStop and...Restructuring export basket on lines of Bangladesh need to boost growthIndia must restructure its export basket if it really wants to achieve high growth found in exports, the Economic Survey has said. It contributes that...Bangladesh to outperform Asian peers on economic recoveryBangladesh will probably recover faster than its Asian peers from the Covid-19 fallout because of bettering exports, growth in domestic intake and remittance inflow, according...Rising Bangladesh exports keep lessons for India: Eco SurveyThe Economic Study 2021 on Friday suggested that India may take some "lessons" from Bangladesh, a solid exporting nation, and give attention to specialising in...
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XQuarry: The UAE’s primary off-road and adventure recreation area is opening in SharjahSituated in a vintage quarry in Sharjah’s Mleiha desert, XQuarry may be the UAE’s primary off-road and adventure park.Spread across nearly one particular million square...96pc small enterprises suffer fall in income: studySome 96 percent of Bangladesh's micro, small and medium enterprises (MSMEs) witnessed a fall in income with the median loss in business reaching 82 per...Multiple regulators resulting in increased tariffs in energy sectorMultiple regulators found in the energy sector are actually proving costly for both operators and consumers, building a big effect on the tariff especially found...China's financing to Bangladesh surgesChina has emerged among the leading bilateral creation partners of Bangladesh since it disbursed US$460.41 million loans in the first 50 percent of the existing...Malaysia’s external trade likely to remain modest in 2021Malaysia’s exterior trade for 2021 is likely to remain modest with exports projected to rebound by 2.7 %, the Ministry of International Trade and Industry...India, Bangladesh assessment bilateral ties, discuss PM's March visit to DhakaForeign Secretaries of India and Bangladesh on Friday carried out a comprehensive review of the entire bilateral ties and placed discussions in preparations for Primary...