Latest News

Tuesday , 23 Jan 2007
Port inefficiencies cost the country around $1.1 billion a year

Long delays at the Chittagong Port cause huge financial losses to ship operators, which add to cost of business and raise prices for consumers. Most of the ships at the countrys premier port have to spend 24 to 99 hours whereas in Singapore and...

Tuesday , 23 Jan 2007
Government to corporatise three nationalised commercial banks

The interim government has revived the process to make three nationalised commercial banks (NCBs) – Sonali, Janata and Agrani – public limited companies during its tenure. It is expected that the finance ministry would soon submit a proposal for...

Tuesday , 23 Jan 2007
Pharmaceutical products of Bangladesh has potential to enter Australian market

Pharmaceutical products of Bangladesh can enter into Australias off patented and generic medicine market subject to fulfillment of certain procedural requirements by the exporters. This was mentioned by Chief Executive Officer Ian Chalmers of...

Tuesday , 23 Jan 2007
Lamy for stepping up WTO talks at Davos meet

Top WTO trade ministers should agree to step up stalled multilateral trade talks at their upcoming meeting in the Swiss Alps, WTO Director General Pascal Lamy said on January, 23. About 30 key trade ministers, including top officials from the EU,...

Tuesday , 23 Jan 2007
Govt to support pvt sector in setting up industries

The government will extend all possible cooperation to private sector entrepreneurs for setting up industrial ventures that will manufacture goods to substitute for the countrys imports of such items like mobile handset. Special assistance will also...

Wednesday , 24 Jan 2007
World Economic Forum meeting starts at Davos

The global business and political elite gathered on January 24 in the Swiss mountain resort of Davos for their annual festival of schmooze and serious debate at the World Economic Forum (WEF). Climate change, tensions in the Middle East and...

Wednesday , 24 Jan 2007
Pakistani RMG benefits from political unrest in Bangladesh

Political unrest in Bangladesh during the fag end of last year made some foreign buyers divert their orders to Pakistan. Readymade garment (RMG) export from Pakistan in December 2006 was up by 15 per cent against the same period of the previous year...

Wednesday , 24 Jan 2007
MCCI suggests the SAFTA Ministerial Council thorough review of the pact

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka has urged the SAFTA Ministerial Council (SMC) to make a thorough review of the implementation of the SAFTA agreement with a view to assessing its role in expanding trade among the SAARC...

Wednesday , 24 Jan 2007
Privatisation of NCT of Chittagong Port to ease congestion

The interim government is reviving the process of privatisation of the New Mooring Container Terminal (NCT) aiming to make it operational soon and ease container congestion at the countrys premier Chittagong seaport. The Ministry of Shipping held a...

Wednesday , 24 Jan 2007
ILO Report: Asian economic growth not reflected in employment

As unemployment levels in Asia is rising slightly in 2006, a report of ILO said that everyone is not benefiting from Chinas phenomenal economic growth. Global Employment Trends report of The International Labour Organisation (ILO) said that despite...

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