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Bangladesh Bank (BB) is going to launch its second Strategic Plan 2015-2019 at 10:30am on  Saturday at A.K.N. Ahmed Auditorium, Bangladesh Bank Training Academy (BBTA), Mirpur in the city .
Governor Dr. Atiur Rahman will announce the strategic plan as chief guest of the ceremony. All Deputy Governors, senior executives of Bangladesh Bank and Managing Directors/CEOs of all scheduled banks and Non-Bank Financial Institutions will participate in the ceremony.  BB-logo
Bangladesh Bank has finalized the new Strategic Plan 2015-19 consisting of 14 strategic goals. These high level goals will be reached through a total of 105 objectives which would essentially be attained by 320 action plans in the medium and long run. This document is an outcome of the Executive Retreat 2014 and delineates the objectives and action plans those Bangladesh Bank will undertake in the next five years to realize each of the strategic goals.
It is to mention that on May 30, 2010, Bangladesh Bank announced its first five-year strategic plan aiming to add an impetus to uphold its mandate as a central bank of the country and Vision 2021 of the Government as well.

Faculty Sections / Australia likely to cancel Bangladesh tour
« on: September 30, 2015, 07:37:23 PM »
The fate of Bangladesh‘s home series against Australia has been dogged as Australia is going to cancel its tour due to security concerns.
Cricket Australia (CA) has not yet announced its decision, but it has directed Australia‘s Test squad to re-join their state squads for training as deliberations on the proposed tour of Bangladesh continue.
The 15 players lead by Steve Smith was set to fly out on Monday morning for Bangladesh, but they delayed the tour due to security concern.
The Bangladesh government tried everything in its power to convince the security team during their two-day stay in Dhaka after the CA stalled the Aussies‘ departure following DAFT‘s (Department of Foreign Affairs and Trade) security update on last Friday which read: “There is reliable information to suggest that militants may be planning to target Australian interests in Bangladesh”.
The Bangladesh government even offered the Australian cricket team the kind of security usually reserved for VVIP‘s.
But the fate of the series apparently lost considerable ground when CA‘s head of security Sean Carroll, Australian team manager Gavin Dovey and team security manager Frank Dimasi left Dhaka late Monday night.

Faculty Sections / 2 arrested for Facebook status on hajj
« on: September 30, 2015, 07:30:29 PM »
Two people were arrested from Satkhira's Shyamnagar upazila today over allegedly posting Facebook status demeaning hajj.
The detainees were identified as Mohan Kumar Mondal, chief of a local NGO, and Showkat Hossain, our Satkhira correspondent reports.
A lawsuit was filed against them under ICT act, accusing them of hurting religious sentiment, by upazila unit Awami League's President Akbar Kabir.
Mohan, son of Shivpad Mondal in the upazila, is said to be the executive director of Leaders, a local non-government organisation.
Shyamnagar Police Station Officer-in-Charge Inamul Haque endorsed the facts and said they posted Facebook status on the stampede at Hajj that killed over 700 people.

Cable TV operators in Nepal have blocked 42 Indian channels in protest against what they call an unofficial "blockade of goods" into the country.

Scores of trucks carrying supplies are stranded on the India-Nepal border, amid protests in south Nepal over the country's newly adopted constitution.

India has been critical of Nepal's new constitution. But it denies enforcing a blockade, saying goods are being held up due to security reasons.

The move comes after a former Maoist splinter party started a campaign against Indian movies and TV channels in Nepal.

The president of the Nepal Cable Television Association told BBC Nepali the "black-out will be indefinite".

Sudhir Parajuli said they decided to shut down the broadcast of the Indian channels as "India has been intruding in the national sovereignty of Nepal," the PTI agency said.

A Kathmandu movie theatre stopped showing Indian movies two days ago, an employee said.

Indian television channels are popular among viewers in Kathmandu and other cities in Nepal.

However there has been growing anger at what is being seen as Indian attempts to wilfully obstruct the supply of essential goods into Nepal and interference with the internal affairs of a sovereign nation.

India expressed concern over the new constitution after its adoption spurred protests by minority ethnic groups in the south of Nepal. At least 40 people have been killed in the violence.

Demonstrators in the region have since blocked two of the main border crossings from India, shutting off vital supply lines.

With several hundred trucks stuck at the frontier, supplies including sugar, salt and cooking gas cylinders are being affected.

Nepal is heavily dependent on supplies from neighbouring India.

Indian envoy Ranjit Rae was called in by the Acting Nepalese Foreign Minister Khaga Raj last week and the issue of "obstruction" in the supply of essential goods coming in from the Indian side was raised with him, the PTI news agency reported.

However it said Mr Rae had clarified that there was no obstruction from the Indian side on the movement of goods and the problem was due to unrest, protests and demonstrations on the Nepalese side.

Robi and Airtel have formally applied for permission to merge their operations from the telecom regulator, a move that will turn the combined entity into the second largest mobile operator after Grameenphone in Bangladesh.

“We received a joint application. The approval process will start in a short while,” said Md Sarwar Alam, spokesman for Bangladesh Telecommunication Regulatory Commission.

The merger will also require the government approval, on top of the regulator's recommendation, to go through, he added.

Both the operators plan to start the integration process next week, with the view to completing the merger by January next year, according to senior executives of Robi and Airtel.

Robi will have a 75 percent stake in the merged entity and Airtel 25 percent, according to the joint application signed by Supun Weerasinghe, chief executive officer of Robi, and PD Sarma, managing director of Airtel Bangladesh, to the telecom regulator.

Of Robi's 75 percent stake, 70 percent will be owned by Axiata Group, Robi's Malaysia-based parent company, and 5 percent by Japan's NTT DOCOMO.

At present, Axiata Group's share in Robi is 91.59 percent and NTT DOCOMO's 8.41 percent.

The merged entity will be registered as Robi Axiata Ltd and it will operate under the brand name of Robi, according to BTRC officials.

As per the joint application, Robi and Airtel's spectrum will be allocated to the merged entity.

Faculty Sections / Smart policy crucial for apparel export growth
« on: September 30, 2015, 07:22:00 PM »
Effective policy and its timely implementation are crucial for the garment sector in Bangladesh to tap the potential that exporters, the government and international organisations often discuss.

"We need smart policies and their smart implementation. Besides, the labour law has to be implemented honestly to ensure the factories are safer and worker rights are respected,” said Prof Mustafizur Rahman, executive director of Centre for Policy Dialogue.

Both KM Rezaul Hasanat, chairman of Viyellatex Group, and MA Jabbar, managing director of DBL Group, said the government has taken a lot of initiatives following the twin tragedies -- Rana Plaza building collapse and the Tazreen Fashions fire.

"But our expectations are higher than what the government is doing," said Hasanat, a leading exporter in Bangladesh.

Jabbar, another leading exporter, said there are policies and initiatives in place, but implementation is slow. “It should pick up.”

They were speaking at a panel discussion on 'Sustainable Development of Apparel Export: Priorities and Way Forward' at the Westin Dhaka yesterday.

HSBC Bangladesh organised the seminar where business leaders, exporters, experts and economists discussed the potential and challenges faced by the apparel sector.

Faculty Sections / Exports to Japan will hit $2b by 2018
« on: September 30, 2015, 07:20:55 PM »
Bangladesh is looking to export $2 billion worth of products to Japan over the next three years, Commerce Minister Tofail Ahmed said yesterday.

Last fiscal year, the country received $915.22 million for its exports to Japan.

It is possible to reach the target as the demand for Bangladeshi products, especially garment and leather, is higher in Japan, Ahmed told reporters after a meeting with the newly-appointed ambassador of Japan to Bangladesh, Masato Watanabe, at the secretariat.

Exports to Japan have been on the rise due to the relaxation of Rules of Origin (RoO) for products originating from least-developed countries, the minister said.

As a result, all Bangladeshi exports to Japan, save for hand gloves and arms, enjoy duty-free benefits.

In fiscal 2014-15, garment exports to Japan rose 14.02 percent year-on-year to $652.55 million, partly due to relaxed RoO for Bangladeshi knitwear from April this year.

Japan's annual garment sales are about $40 billion, most of which are from China.  The RoO are a set of conditions that determine the source of a product and are important in determination of duties.
Exports will increase further if the Japanese investors set up the factories in the proposed special economic zone for them and ship the products to their country, Ahmed said. The Bangladesh government has agreed to give an SEZ to Japanese investors in Chittagong after many of them expressed interest in shifting their companies from other countries.

Japan has already promised to give $6 billion in aid for implementing the Matarbari power project in Cox's Bazar district, according to Ahmed. Watanabe said both Bangladesh and Japan have been working to establish the SEZ for Japanese investors. Many Japanese companies are waiting to invest in Bangladesh, he said.

The location of Bangladesh is in a very strategic position, he said, adding that the country has the potential to be the hub for Asean (The Association of Southeast Asian Nations) and South Asia as a result.

“Bangladesh needs strong infrastructure, transportation, power and educated manpower to attract more and more investment from abroad. This is my expectation.”

Apple said on Monday it had sold more than 13 million iPhone 6s and 6s Pluses during their first weekend on the market, setting a record for its marquee product.

The company beat its previous record of 10 million in sales for the previous generation of iPhones in its first weekend in 2014. This year's results benefited from the inclusion of the Chinese market, where regulatory problems delayed the gadget's debut last year.

Analysts had expected the company to sell 12 million to 13 million phones this past weekend.

"Customers' feedback is incredible, and they are loving 3D Touch and Live Photos," Apple Chief Executive Officer Tim Cook said in a statement. "We can't wait to bring iPhone 6s and iPhone 6s Plus to customers in even more countries on October 9."

Analysts had said Apple was virtually assured to set a new record for iPhone sales with the inclusion of China, which many expect will soon be the company's largest market

Mobile phone operators will launch pilot activities on November 1 to collect fingerprints of all SIM card holders as part of its re-registration process across the country.

The Association of Mobile Telecom Operators of Bangladesh will start scanning fingerprints to confirm whether the SIM holder is the same person under whose name the SIM is registered, its secretary general TIM Nurul Kabir told at press conference at its office in Dhaka today.

The operators will collect the fingerprints and check whether the scan matches with those provided for the national identity cards. 

The fingerprint collection will formally start from December 16 and continue for the next six months, he said. 

To use SIM cards, all users will have to show national identity cards, photos and their fingerprints.

There are 12.87 crore mobile subscribers in the country, according to latest statistics from the BTRC, the telecom regulator

Business Administration / Agent banking in areas with no bank branches
« on: September 05, 2015, 01:52:07 PM »
Agent banking has been introduced in the areas of Bangladesh where traditional banking has not yet reached.

Bank Asia and Dutch-Bangla Bank – started recruiting agents at the grassroots level from Jan 19 to offer banking services through them.

Another two banks – South Bangla Agriculture and Commerce Bank, and NRB Commercial Bank – are going to launch the service.

Bangladesh BankThe central bank issued licences to the four banks for running agent banking, under which financial services would be offered through agents instead of branches.

Bangladesh Bank officials said Bank Asia had already appointed 49 agents in 32 Upazilas under 17 districts while Dutch-Bangla recruited six agents.

The central bank had issued a circular on Dec 9, 2013 approving agent banking in the rural areas where banks have no branches.

In another circular on Jan 6 this year, the central banks endorsed agent banking also in the urban areas not covered by traditional banking system.

Dutch-Bangla Bank Deputy Managing Director Abul Kashem Md Shirin told, “A large portion of the population is still out of banking services. Agent banking has been introduced to bring them under banking service.”

According to Bangladesh Bank, customers will not require to pay any charge for the services they will receive through the agents.

Small amounts of money can be deposited or withdrawn besides receiving remittance through agent banking.

The agents can disburse small credit and collect loan instalments and utility bills.

The policy on agent banking stipulates that customers can receive government assistance from social safety programmes and deposit insurance premium through the agents.

They can also transfer money from one account to another and check account balance.

Anyone can collect information about opening of bank account from the agents and apply for loans, and credit or debit cards through them.

The agents, however, cannot make payment on any cheque, open any account, issue cheque books or bank cards, and transact foreign exchange.

An agent has to have the qualifications determined by the central bank and give a security deposit of Tk 100,000 for appointment.

They will get a certain commission on transactions.

The policy says NGOs, micro-credit agencies, cooperatives, post offices, companies, mobile-phone operators’ agents, union information service centres, local government institutions and any individual capable of offering financial services based on information technology can be appointed agents

Business Administration / Huge tourism potentials of Bangladesh
« on: September 05, 2015, 01:49:43 PM »
Cox’s Bazar, Kuakata, Saint Martin’s Island, Sundarbans, Tea gardens in Sylhet, Chittagong Hill Tracts, Paharpur, Mainamati, Mahasthangarh- enough to craft a passage of celestial scenic beauty and impeccable archaeology in a traveller’s mind. And the list doesn’t end here. It goes on with numerous other places of natural beauty and historical spots.

Tourism is one of the most dynamic, fastest growing and single largest industries in the world today. This is a sector which has turned the wheel of fortune of many countries in the world. bd insuranceWhereas many of our neighboring countries have successfully utilized their potentials in tourism sector and flourished their economies, in Bangladesh we see the completely opposite scenario. Here the potentials in this sector are slowly destroyed through sheer negligence and lack of proper planning and vision.

From natural, historical and archaeological perspective, Bangladesh comes up with diversified places of tourist attractions. Some notable ones are- Sonargaon, Central Shahid Minar, Mausoleum of National Leaders, Ahsan Manzil, National Museum, Bahadur Shah Park, National Memorial of Dhaka, The Lalbagh Fort, Kuakata (sunrise and sunset both can be seen from the same place here), Himchari, Moheskhali, Inani Beach at Cox’s Bazar, Khagrachari, Kaptai Lake, Buddish Temple at Rangamati, Sitakunda, Patenga and Fouzdarhat Beaches, Foy’s Lake, Cox’s Bazar (world’s longest sea beach), Sundarbans (world’s largest mangrove forest and World Heritage Site by UNESCO), Saint Martin’s Island, Jaintiapur Town, Tea Gardens of Srimongal, The Border Post of Tamabil- Jaflong, Madhabkunda, Lawachara, Madhabpur Lake, Tangore haor at Sunamgonj, Hakaluki haor at Moulovibazar, Paharpur, Mainamati, Mahasthangarh etc. Besides all these the countryside of Bangladesh has always been a treat to the eyes of the tourists from all over the world.

Tourism sector has the potential of massive contribution to our country’s economy. If this sector is properly developed, Bangladesh can earn a huge amount of foreign currency which can boost up the country’s economy. At the same time, it will provide employment opportunities to many people especially local people. Tourism can raise public support for conservation as it can provide awareness and environmental education to tourists and local people. Tourism is less environmentally damaging than other revenue generating industries based on natural resources. Furthermore, tourism can reinforce political unity of Bangladesh with many other countries through cultural and social exchange. Tourism can also create a positive image of Bangladesh in global arena which is a big advantage. This can promote foreign investment and business enterprises here.

Tourism sector got recognition as an industry in Bangladesh in 1999. But not much has changed since then which should have been. In 1998 Bangladesh and Cambodia received 171,961 and 96,000 tourists respectively. After 11 years in 2009, Bangladesh could attract only 267,000 tourists and Cambodia over 2 million tourists. This comparison indicates inconsistency in the degree of initiatives by these two countries within the same period of time. Lack of prioritization of this sector by all the governments is a major reason behind this situation. The sector do not have trained people and seriously suffer from lack of resources. Development of tourism sector for any country definitely requires vision and proper planning. But in Bangladesh the sector develops without the necessary planning and policy. Tourist spots are not properly preserved here and safety and security of tourists is still a question. In Cox’s Bazar, there are about 450 hotels and motels built in an unplanned way which is destroying the natural beauty. Moreover it is experiencing various illegal activities. Communication system in the country is also not very satisfactory. There is still no official tourist guide though The Ministry of Civil Aviation and Tourism has been in existence since 1975. Last but not least, the growing political instability is causing a major harm as tourists do not feel it safe to visit the country. All these have negative impact on our tourism sector as the number of arrivals by inbound tourists here is slowly decreasing over the year which is undoubtedly a major concern.

Table: Number of Arrivals by Inbound Tourists

Countries                      2010                             2011                          2012                2013

Bangladesh                   303,000                155,000                   125,000             148,000

India                             5,776,000               6,309,000             6,578,000           6,968,000

Sri Lanka                     654,000                    856,000                  1,006,000          1,275,000

Singapore                     9,161,000               10,390,000           11,098,000         11,899,000

Malaysia                       24,577,000            24,714,000           25,033,000        25,715,000


In spite of the negative aspects and need for massive planning, according to the World Travel and Tourism Council (WTTC), in 2013 Bangladesh travel and tourism sector directly supported 13,28,500 jobs that is 1.8% of total employment. The total contribution of travel and tourism to GDP was Tk460.3bn (4.4% of GDP) in that year. Globally in the same year Travel & Tourism directly supported 100,894,000 jobs (3.4% of total employment). This is expected to 126,257,000 jobs (3.7% of total employment) in 2024. The total contribution of Travel & Tourism to employment, including jobs indirectly supported by the industry, was 8.9% of total employment during that year and it is forecasted to rise to 346,901,000 jobs in 2024 (10.2% of total jobs). It means that there is a huge potential in this sector globally. The countries’ whose tourism sector is already flourishing, will definitely utilize this potential further with more and more efficient planning and management. Bangladesh should also come up with initiatives to thrive in this industry. The total contribution of Travel and Tourism to GDP is expected to rise by 6.8 per cent per annum to Tk. 819.4bn in Bangladesh, by 2023. But without necessary planning, these statistics will just remain in pen and paper.

The above statistics show that proper planning is prerequisite for this sector. First of all Infrastructure development and preservation of tourist spots are of utmost necessity. Then a proper policy guideline is also needed to be formed by the government. Also unplanned commercial development has to be stopped. Safety of tourists is a major concern. The law enforcing agencies must be vigilant in this regard so that tourists are not harassed, cheated or face any difficulties during their stay in Bangladesh. There should also be access for tourists to file complaint and get solution in case of any hassle faced by them. Proper sanitation facilities are also required in tourist spots for convenience. These facilities must be planned keeping in mind the need for tourists of all age, sex etc. e.g. separate changing room facilities in sea-beaches for both women and men.

Branding of our tourism is also required. ‘Beautiful Bangladesh’ campaign has to be more and more strengthened. The way Malaysia has promoted their tourism through ‘Malaysia- Truly Asia’ or India through ‘Incredible India’ is a lesson to be learnt by us. India also promotes their regional tourism efficiently. The Ministry of Tourism of India promotes the country’s various tourism products through its several campaigns under the ‘Incredible India’ brand- both for international and domestic markets. The ministry has also set up a Hospitality Development and Promotion Board, which will monitor and facilitate hotel project approvals. The allocation for Ministry of Tourism in the Union Budget 2013-14 was increased by INR 876.6 million (USD 14.13 million) to INR 12,976.6 million (USD 209.30 million).

In 2013 the Malaysian government announced a three-year tax exemption incentive for tourism and travel agents who provide services and handle up to 750 foreign tourists or 1,500 domestic tourists. The Malaysian government always focuses on enhancing the country’s position as a leading tourist destination and come up with vision, target and plan to attract tourists and provide them a good experience there. As a result the country earned recognition from the World Tourism Organization (UNWTO) as the ninth most visited country in the world from 2009 to 2011, and ranked 14th in terms of revenue earned from the tourism sector. These prove that an integrated approach is necessary to boost this sector and they have done that. These are learning for us.

Business Administration / Banking in Bangladesh
« on: September 05, 2015, 01:48:43 PM »
On Saturday 25 April, the International Retail Banking Summit in Bangladesh 2015 took place. As Efma’s first event in Bangladesh, it gathered more than 150 participants, and served as a platform for the retail banks to discuss key issues affecting the retail financial services industry in the country. We spoke to some of the speakers at the event to find out more..
What makes Bangladesh unique in terms of retail banking?

Sarder Akhter Hamed, EVP & Head of Retail Banking at United Commercial Bank: With a population of more than 166 million, Bangladesh offers a big opportunity for the expansion of retail banking. Indicators are on a positive shift as GDP has crossed US$1,190 with a strong projection of further growth. The median age is 25.8 and on the rise, which indicates that more people are of working age. Moreover, the people are talented and the willingness to work is really high. What’s more, labour is still cheap. Within this context, there is a huge growth opportunity in the expansion of the retail banking business if we can offer cheaper banking solutions for these untapped populations.

Ali Reza Iftekhar, managing director and CEO, Eastern Bank: It has a large population density, a growing middle class, a varied financial need and a strong regulatory framework. With a large unbanked population, who are becoming aware of the benefits of financial inclusiveness, the market has a tremendous growth opportunity.

Shitangshu Kumar Sur Chowdhury, deputy governor, Bangladesh Bank: There are a number of features that make Bangladesh unique, but its large unbanked population is perhaps one of the most significant areas of differentiation. Around 29 million families of rural Bangladesh are engaged in farming activities and 50 percent of those are sharecroppers. This large segment had no access to formal financing. Another unique feature of the region is the development of Islamic banking. Today, Islamic banking makes up one-fifth of the total banking sector, comprising eight banks. Islamic banks have been growing faster than the conventional banks and are now focusing on a wider horizon, encompassing not only the conventional Shariah products but also products geared to SMEs, microfinance, and financing in the agriculture sectors.

What are the biggest challenges facing retail banks in Bangladesh today?

Chowdhury: Maintaining the path to sustainable economic growth in the real economy is the overriding challenge facing Bangladesh today. Only by achieving this goal can we reduce the income and wealth gap between different segments of the population, and sustain socially inclusive prosperity which is at the heart of the Nation’s aspiration. Only by sustainable growth can we tackle the unemployment which has left millions of our young people without job and prospects. This is a time for all of us involved in the banking industry and beyond to unite around to create a banking industry diverse enough to meet diverse needs of Bangladesh’s economy. Our task is significant. But if we succeed, we will be able to do our part to improve the future for millions of our people.

Iftekhar: Retail banking is a relatively new concept in Bangladesh. Most banks are very much into branch banking, with specific focus on corporate or institutional business. Individual customer financial needs and preferences are yet to be fully addressed. Changing the industry mind set into a consumer centric environment is the biggest challenge. Price-war instead of service-war comes into the same purview as well. The absence of attractive and long term investment plans also contributes towards the challenges we face every day. Most importantly, the human resources development is the key area to address for all of us.

Hamed: The cost of catering banking services to the large unbanked population is the biggest challenge for Bangladesh. Though mobile financial services has been introduced in the country, the coverage of such services is still limited to in border remittance, which is a very small area of the money in motion. Also interbank transactional connectivity, other than cheque or card, is a barrier which banks need to overcome to create a bigger transactional network.

How are banks in the region meeting those challenges?

Hamed: Banks are still struggling to establish the growth of online payments through cheaper channels. Educating the mass market to transact through digital channels is one of the key development areas. Banks are putting up effort to establish the solution of mobile financial services, but this network requires investment and maturity.

Chowdhury: At BB we have chosen to take a catalyzing role in reorienting our financial sector’s goals and ethos in socially and environmentally responsible direction, guiding the sector in mainstreaming CSR in corporate goals and objectives and launching a comprehensive well-orchestrated financial inclusion campaign in which banks and financial institutions are participating with spontaneity and enthusiasm. This is meaningfully helping attainment of the inclusive growth and poverty eradication goals of our Government’s near and longer term national development plans; by upholding healthy output and employment growth in Bangladesh economy even in the backdrop of ongoing global slowdown.

Iftekhar: We are learning every day. Some banks, like EBL, actively promote consumer banking and that is leading others to change their key area of focus gradually. Central Bank is guiding us on various regulatory, service and customer-centric issues that will help boost retail banking in Bangladesh. Inter-bank communication and the understanding of the common goal is now far better through various associations like ABB and BAB. All of us are now aligned with the financial and non-financial aspirations of the people and the regulators alike.

Commerce / US economy adds 173,000 jobs in August
« on: September 05, 2015, 01:39:56 PM »
The US added 173,000 jobs in August, the Department of Labor said on Friday, in the last unemployment report before September’s interest rate decision by the Federal Reserve.
That was lower than the 217,000 new jobs economists had expected the US economy to create last month.
However, the Labor Department said that August figures tended to be revised higher subsequently.
The unemployment rate fell to 5.1% – down from the July figure of 5.3%

Commerce / Bangladesh garment sector to employ autistic people
« on: September 05, 2015, 01:36:43 PM »
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has agreed to help in recruiting autistic youth in the country’s ready-made garment sector.
“Like others, autistic people also should have a better and respectable life. To achieve this, BGMEA wants to help them get jobs in the RMG sector and provide related training,” BGMEA President Atiqul Islam said at an event to highlight the cause of autistic people, reports fibre2fashion.
He sought cooperation from garment manufacturers in the matter, which could only add more glory to the industry.
“Then we can say ‘Made in Bangladesh’ with more pride. But it will be possible only when efforts are made together.”
Saima Wazed Hossain, chairperson of National Advisory Committee on Autism and NDDs, urged all to deliberate on how autistic people could be turned into a workforce rather than recruiting one or two sporadically.
US-licensed school psychologist Saima, the prime minister’s daughter, who spearheads disability campaign in Bangladesh, presented a roadmap on how to employ those “honest, dedicated and loyal” youth.
BGMEA organised the event bringing together factory owners, parents of the children with autism, and government officials at its headquarters in Dhaka to raise awareness about those children’s employment.
According to UN estimates, more than 80 per cent of adults with autism are unemployed globally, though they have abilities.
Sajida Rahman Danny, President of Parents Forum for Differently Able – parents of autistic children – said their children are confronted a challenge when they grow up.
“They don’t go to school after a certain age. They have to stay at home unless parents find a suitable job for them,” she said.
They were training those children to make them fit for employment

Commerce / Bangladesh rises gas, power prices
« on: September 05, 2015, 01:34:17 PM »
Bangladesh has increased the prices of natural gas and power with effect from September 1, 2015, officials said.
The Bangladesh Energy Regulatory Commission (BERC) announced the new pricing of the essentials services at a press conference in the capital Dhaka on Thursday.
Electricity retail price increased by 2.93 per cent to BDT 6.33 a unit from BDT 6.15, according to the announcement.
For household gas use, the tariff for a single burner stove has been increased to BDT 600 a month against the present level of BDT 400 while that of a double-burner stove has been raised to BDT 650 from BDT 450. This is a big 26.29 per cent jump.
“The new tariffs will be effective from September 1,” AR Khan, chairman of the BERC, told reporters.
He also said the power price for irrigation and the consumers who use up to 50 units will remain unchanged.
The price of per cubic meter of CNG has been raised from BDT 30 to BDT 35.
Being pursued by the Awami League-led government, the BERC increased the retail prices of electricity for the seventh time in March 2014 and the bulk price for the sixth time in September 2012.
The Commission, last time, increased the prices of natural gas for all categories of consumers in August 2009

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