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May 31 2016 Thailand keen to invest in BD’s renewable energy, tourism, food sectors

FE Report
Bangladesh and Thailand consider each other a gateway to Southeast Asia and South Asia region to expand trade and business showing a good number of areas of interest for investment for the economic benefit of the two countries.
When Bangladesh wants to export its textile, pharmaceutical, jute, handicraft, food and frozen food products to Thailand, [...]


May 31 2016 BD considers Thailand a model of development: Shahriar

Bangladesh considers Thailand  "a model of socio-economic development" for all developing countries, said State Minister for Foreign Affairs Md Shahriar Alam.
The state minister said this while speaking at the ongoing Bangladesh expo in Bangkok's Queen Sirikit National Convention Centre Tuesday, reports bdnews24.com.
This was the first-of-its kind expo Bangladesh embassy in Thailand organised in the 44 [...]


May 31 2016 REB to expand line to cover 2.5m rural consumers

FE Report
The government approved another electricity line expansion project of the Rural Electrification Board (REB), officials said Tuesday.
Presided over by Prime Minister Sheikh Hasina, the Executive Committee of the National Economic Council (ECNEC) at its meeting in Dhaka endorsed the Tk 12.28 billion project to cover 2.5 million new consumers in the electricity distribution line.
Of [...]


May 31 2016 Prices of aromatic rice shoot up sharply

Yasir Wardad
Prices of aromatic rice shot up sharply in last one month as businesses are allegedly taking advantage of its high demand during the month of holy Ramadan, insiders said.
The prices recorded 14 to 40 per cent hike in the market in a month ahead of the fasting month.
Aromatic rice is mainly used by Bangladeshis [...]


May 31 2016 Substantial tax hike best option to cut tobacco use: Experts

 Raising tax substantially on tobacco products in the upcoming budget can help cut tobacco consumption in the country and protect public health from its adverse impacts, say economists, reports UNB.
"There's no doubt if tax on tobacco products is increased substantially, tobacco users will be forced to quit smoking and its use because of their high [...]


May 31 2016 RoO helps increase woven garment export earnings

Monira Munni
The revised rules of origin (RoO) by the European Union (EU) has changed the equation in overseas trade of the local apparel sector in recent years with earnings from shipments of woven garments surpassing that of knitwear ones, insiders have said.
Besides, offering of better prices by overseas buyers, especially in the European markets, has [...]


May 31 2016 Bangladesh budget for FY17: Highlighting some issues

The proposed Bangladesh budget for fiscal year (FY) 2016-17 will be presented to parliament on this Thursday. Like in other countries, in Bangladesh also various interest groups have been trying to advance their sectional interests through budgetary provisions.  
The state-owned banks (SoBs) are keen do recapitalise through budgetary grants and canvassing their case to enable [...]


May 31 2016 Brexit or not, EU needs to be more competitive

'Too many cooks spoil the broth' and this seems true in the case of the European Union (EU). The Brexit debate has questioned where the EU economy is headed. After years of stress post-2008, most major economies have got back on their feet, but not the EU. It remains a meaningful economy, but its continued [...]


May 31 2016 The limits of oil\’s rebound

For the first time since last October, the price of a barrel of oil has broken through $50. So it seems a good time to update the analysis I presented in January 2015.
Back then, I argued that $50 or thereabouts would turn out to be a long-term ceiling for the oil price. At the time, [...]


May 31 2016 Deactivation of unverified SIMs begins Wednesday

The re-registration of SIMs using biometric details is going to be completed on Tuesday night. Deactivation of biometrically unverified SIMs will start from Wednesday.
But, subscribers can activate deactivated SIM instantly after completing its re-registration using the method, said officials of telecom regulator.
Meanwhile, BTRC issued a new directive that said subscriber will get 450 days time [...]