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Friday 29 November 2013
RMG exports rises 19% in July- Oct’13
The exports of readymade garments from Bangladesh rose by nearly 19 percent year-on-year in the July-October 2013 period, according to the data released by the Export Promotion Bureau (EPB).
From July to October 2013, Bangladesh’s exported knitwear worth US$ 4.022 billion, showing an increase of 17.85 percent over exports of US$ 3.412 billion made during the corresponding period of last year.
Similarly, the country exported woven garments worth US$ 3.864 billion during the four-month period, registering a rise of 20.07 percent over exports of US$ 3.218 billion made during the same period last year, the data showed.
Meanwhile, exports of specialized textiles, including terry towel, special woven fabric and knitted fabrics, earned US$ 40.45 million for Bangladesh during the period under review, almost same as the amount earned during the corresponding period of previous year.
However, home textiles’ exports from Bangladesh 6.04 percent year-on-year to US$ 243.34 million during the first four months of the current Bangladeshi financial year.
Jute and jute goods’ exports also witnessed a dip of 20.66 percent year-on-year, and fetched US$ 262.14 million in foreign exchange for Bangladesh, during the period under review.
Cotton and cotton products, including yarn, waste and fabrics, exports during July-October period were valued at US$ 38.59 million, recording a decline of 4.90 percent year-on-year.
Compared to garment exports of US$ 21.516 billion made in 2012-13, Bangladesh has set a target of US$ 24.15 billion for 2013-14.
Market showing negative
Nomination Paper Submission Schedule banks open Saturday
The Bangladesh Bank asked the authorities concerned to keep the schedule banks of the country open on Saturday with a view to submitting the nomination papers of the upcoming general elections.
Assistant spokesperson for the central bank AFM Asaduzzaman came up with the disclosure to banglanews on Thursday afternoon.
Meanwhile, the election commission fixed December 2 for the last date of submission of the nomination papers of the 10th national elections.
PRAN, SIDA, Tetra Pak sign deal
An agreement between Tetra Pak, PRAN, UNIDO and the Department of Livestock Services for the joint development project “Sustainable smallholder farmers’ milk production” was signed.
The deal signing ceremony was held at a hotel in the capital on November 24.
The project is a public-private collaboration financed by the Swedish International Development Cooperation Agency (SIDA), PRAN and Tetra Pak.
Under the supervision of UNIDO, the project aims to scale up the concept of local dairy hubs initiated by PRAN in Bangladesh. A dairy hub is a network of small Village Milk Collection Centres serving small-holder farmers in 20-30 villages and a central Mother Plant to which all milk is transported and then further delivered to a processing factory.
Through the hub system, the smallholder famers gain direct access to Bangladesh’s national milk market and the farmer is guaranteed a fair price for the milk. Except for collecting milk, the centres also provide training, advice and other related veterinary services to the farmers free of cost.
Through the project, two already existing dairy hubs will be optimised and three new hubs will be established. Each hub is expected to reach about 3,000 dairy farmers and bring about an increase of their income by at least 50 percent by increasing milk production, as stated by Anisur Rahman, Chief Operating Officer of PRAN Dairy.
It will benefit about 20 thousand farmers, many of them women. Presently PRAN has two dairy hubs located in Chatmohor and Gurudaspur of Pabna district, he added.
Speaking at the ceremony, the Swedish Ambassador to Bangladesh, Ms Anneli Lindahl Kenny, expressed her appreciation that public and private actors in this way can combine funding as well as expertise to reach common goals of development and poverty alleviation in Bangladesh.
Ahsan Khan Chowdhury, Deputy Managing Director of PRAN-RFL Group and Musaddique Hossain, Director General and CVO of Department of Livestock Services signed the agreement on behalf of their respective organizations.
Zaki Uz-Zaman, head of UNIDO operations in Bangladesh; Sabir Mridha, Key account Manager of Tetra Pak and other officials from SIDA, UNIDO, PRAN and Department of Livestock Services were also present on the occasion.
Tk5,300 finalized as minimum wage
The Wage Board on Thursday finalized the decision of minimum wage Tk5,300 for readymade garments workers at entry-level but the worker’s demand to increase basic salary was ignored.
The decision was come up through the meeting with wage board members, garments owners and workers’ representatives started at around 11:30am.
According to the decision, the minimum salary was fixed at Tk5,300 but basic salary Tk2000 was not hiked.
With Wage Board Chairman AK Roy in the chair, Arshad Jamal Dipu on behalf of garments owners and Sirajul Islam Rony on behalf of workers and others were present in the meeting.
Earlier on November 4, the draft of minimum wage Tk5,300 was approved by the board.
On June 3, the government formed an 8-member wage board to re-fix the minimum wage for readymade garments workers.
BRAC Bank distributes warm clothes
BRAC Bank Limited, a private commercial bank of the country, has brought smiles to more than 26,000 poor people in the Northern region by distributing warm clothes well ahead of winter.
Our Northern region is hit hard by severe cold spell every winter. People of the area were touched upon receiving warm clothes well ahead of the winter season.
Many poor old-aged people queued up and received the warm clothes. Some broke down in tears after getting the clothes.
On receiving a blanket, Abdul Aziz, an 80-year-old man at Bhurungamari in Kurigram, said, “Warm clothes ahead of winter have come as a great help for us. We can now have a good night’s sleep this winter. May Allah bless you.”
The initiative carries the warmth of almost 8,000 employees who have donated warm clothes for the less advantaged people of our country. Apart from donating warm clothes, the employees also raised funds to buy blankets to help people survive the imminent and unbearable winter. Every winter, BRAC Bank employees come forward to help humanity.
Like previous years, the employees of BRAC Bank donate funds for "BRAC Bank DAUR – Kallayaner Pathchala", an annual marathon to raise funds for humanitarian causes. A portion of these funds has been used to buy the blankets to be distributed among the less advantaged people of our country.
Three teams of BRAC Bank distributed 3,500 blankets 6,000 sweaters and 17,000 warm clothes in three areas in the Northern districts--Bhurungamari in Kurigram, Dimla in Nilphamari and Harivasha in Panchagarh.
South East Bank workshop held
A workshop on ‘service quality increase guidelines’ for the officials of the private commercial bank South East Bank Limited was held.
The workshop held recently at South East Bank Research and Training Institute, said a press release.
The news release said officials of 29 branches of the bank took part in the workshop. Mosharraf Hossain, director of training institute moderated the workshop.
South East Bank Executive Vice-President Mostafizur Rahman, Deputy Managing Director M Shahjahan and Assistant Vice-President Ronald Roset (from left) were present, among others, in the workshop.
Saturday 23 November 2013
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