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‘Developing country status in time’

Bangladesh will graduate from ‘Least Developed Country’ to ‘Developing Country’ status within the stipulated time, 2024, braving all odds like the ongoing coronavirus crisis. The subsidiary body of the United Nations, Committee for Development Policy (CDP) is going to re...

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Jute creates new hope

The export income from jute and jute good products has been increasing. In the last three months, the country has earned US$ 30.75 crore dollars by exporting jute and jute products despite the coronavirus pandemic.The exports from this sector have increased by 59 percent in last three months, accord...

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Padma Bridge to boost tourism

A revolutionary boost to tourism is among the various prospects expected to be ushered in following completion of the Padma Bridge.The tourism industry is expected to witness a flourishment on both sides of the Bridge.Apart from advantages of industry-trade, housing, fisheries, agro-economy, the cha...

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Syndicate active again to make rice market volatile

Despite having a huge government stock of rice, the price of the main staple food has increased, indicating market manipulation by an organised syndicate comprising wholesalers, millers and importers.The unscrupulous traders have hiked the rice price to make the market unstable under the very nose o...

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Padma Bridge to usher in urban revolution

The stunning landscapes on the both sides of the country’s first-ever international standard expressway, Dhaka-Mawa-Bhanga Expressway, connecting the capital with the southwestern regions via Padma Bridge, has opened a new door to urbanisation, industry insiders said.Housing projects are on th...

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Food security foolproof

A record stock of food grains has been achieved this year despite the deleterious impact of coronavirus on crops. While the world is facing a severe challenge to its food security due to the coronavirus pandemic, Bangladesh has set a record in food grain production. The country is now the ...

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Health care items earn good dividend

Bangladesh, which in the recent past faced crunch of health protection materials like PPE (Personal Health Care Materials) and masks, has now secured a strong position in the export of healthcare products. In the last few months, Bangladesh has exported health care products worth Tk 4,500 crore...

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Govt well prepared to ensure food security

Government has taken all sorts of preparation to meet the demand for rice and paddy and ensure food security of the country despite the coronavirus pandemic and worsening flood situation. The government has extended Boro rice and paddy procurement process for 15 days which will end tomorrow (Tu...

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HSIA 3rd terminal construction on

An extensive construction work of the third terminal of HazratShahjalal International Airport (HSIA) is going on in full swing as the government wants to complete the much-awaited project within the scheduled time (March 2024).According to the project officials, they are continuing the construction ...

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Bangladesh ranks 2nd

The country has broken all its previous records in producing freshwater fish, bagging the second position among the highest fish producing countries in the world. Industry insiders said, “Government’s utmost efforts to protect fish sanctuaries, imposing restriction on fishing for a ...

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Fresh move to meet procurement demand

Amid government’s decision to import rice and issuance of warning against the rice mill owners to shun wrong-doings, the government, to increase food grains stock, has increased its time limit for another 15 days to procure more rice from the country. At the same time, it has been decided...

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Installation of all Padma Bridge spans likely by Dec

The installation of all 41 spans of the Padma Multipurpose Bridge is likely to complete by December this year since the progress of the main bridge construction nears 90 percent, an official says.“The progress of the main bridge construction is 88 percent, so far. If situations favour us all (...

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Govt eyes huge revenue from streaming sites

The government is eyeing to generate revenue from online video streaming sites like Netflix, Amazon Prime, Zee5, and others as the channels are getting huge popularity in the country.However, as the channels do not have local agents in the country, the government is not getting VAT or TAX against th...

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Chinese boon for RMG

The Chinese government has offered zero tariff facility to 97 percent importables from Bangladesh.The country's readymade garment (RMG) sector sees this opportunity as a boon as it is struggling badly due to the coronavirus pandemic. This offer is virtually found as a great relief to apparel man...

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Cash incentives to attract FDI

The government has decided to provide cash incentives to investors at the Economic Zones (EZ).In this regard, the government is going to establish 10 more EZs following its move to attract more foreign investment shifting from China.Investors at the Economic Zones are to get cash incentives for expo...

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Fair price brings cheers for jute farmers

Fair price of jute despite the temporary closure of the state-owned mills has brought cheers the jute growers.Fair price is virtually encouraging the farmers to bring more land under jute cultivation to bring the next season. The abrupt decision of the government for temporary closure of jute m...

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Savar tannery estate work forging fast

Savar Tannery Industrial Estate (STIE) must complete its central effluent treatment plant (CETP) by June next year to get the international buyers’ agency’s 'Leather Working Group' certificate.This certificate is obligatory for boosting hides sale globally. But the certificate ca...

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Syndicates behind rice price hike

Despite good harvest of paddy and adequate stock of rice, unscrupulous traders have hiked the prices of rice on the pretext of supply chain disruption, closure of markets and dearth of goods carriages during Eid holidays.Organised syndicates are resorting to market manipulation to make the rice mark...

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More foreign investment likely

The government will initiate policy reforms to attract more foreign investment in Bangladesh in the post-Covid-19 pandemic period, sources in the finance ministry said.When the policy is reformed it will be very easy and comfortable for foreign countries to invest in Bangladesh.In this regard, propo...

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Exports rebound

The country’s exports have witnessed a rebound amid all odds like the coronavirus crisis and other challenges, analysts said Wednesday. They cited the much-coveted economic recovery as well as the improving conditions in Bangladesh as well. According to Commerce Ministry information,...