Bangladesh’s exports suffered a setback in October, with shipments declining by 13.64% compared to the same month in the previous year, according to the data released by the Export Promotion Bureau (EPB) on Thursday. The total value of exports for October this year amounted to $3.76 billion, a decrease from the $4.35 billion recorded in […]
Exports drop 13.64% in October Read More »
Cotton ginning mills in the north Indian state of Punjab have gone on indefinite strike from today. They have decided not to run their ginning mills until the state government accepts their demand regarding notices issued for recovery of pending tax liability. The state’s ginning mills have gone on strike at a time cotton arrival
Ginners in India’s Punjab go on strike; cotton arrival to get affected Read More »
China recently approved setting up the China (Xinjiang) Pilot Free Trade Zone. A State Council circular issued on October 31 called for efforts to build the zone into a demonstration model of high-quality development for central and western regions. The zone will serve the construction of core areas of the Belt and Road Initiative, support
China approves Xinjiang Pilot Free Trade Zone Read More »
To deal with the dollar-crisis, the value of the dollar has been increased by 50 paise in expatriate and export earnings. Banks will buy Tk 110.50 per dollar and sell it to importers at Tk 111.00 in these two cases from 1 November. Also, the maximum rate of interbank dollar will be Tk 114.00, which
Dollar rate increases again in expatriate and export earnings Read More »
The Minimum Wage Board Chairman Liaquat Ali Mollah said that the minimum wage of garment workers will be decided by the second week of November. He said that the increased salary will be effective from next December. Liaquat said this at the end of the fifth meeting of the Employer-Labor and Minimum Wage Board on
Minimum wages for RMG workers to be fixed in Nov, effective in Dec Read More »
