No initiatives yet to send skilled workers abroad

The country’s overseas job sector is largely dependent on less and semi-skilled workers mainly in the absence of necessary initiatives from the government and private manpower recruiters, sector insiders have said. They said the government should make a database of skilled workers and also introduce e-migration system to enhance sending skilled workers. Less and semi-skilled workers do not get desired wages and are also vulnerable to abuses in many ways, they also said.

Source: http://print.thefinancialexpress-bd.com/2017/01/12/161800

WB lowers Bangladesh growth projection to 6.8%

The World Bank (WB) has cut down Bangladesh’s projected economic growth to 6.8% in the current fiscal, citing two cardinal causes. Internal security challenges and sluggish external demand are the factors the multilateral development financier assigned to the projected deceleration of the growth. Its Bangladesh growth forecast is 0.4% points lower than government target of 7.2% growth in gross domestic product (GDP) in the current financial year (FY), 2016-17.

Source:
http://print.thefinancialexpress-bd.com/2017/01/12/161848
http://www.thedailystar.net/business/wb-cautious-growth-1344151
http://www.newagebd.net/article/6770/wb-retains-lower-gdp-growth-projection-at-68pc-for-fy17

Teletalk signs deals with Nokia, Alcatel-Lucent for network expansion

State-owned mobile phone operator Teletalk has teamed up with NOKIA and Alcatel-Lucent-Shanghai Bel to spread out its network under a modernisation and expansion project. To this end, Teletalk on Wednesday struck two separate deals with NOKIA and ALSB for package-2 and package-3. Teletalk managing director Gias Uddin Ahmed, NOKIA South Asia Market Unit Head Nicolas Bouverot and NOKIA Networks CT Country Head Roland Reynier inked the agreements in presence of state minister for Posts and Telecommunications Tarana Halim at posts and telecommunications division. NOKIA is entrusted with implementing the package-2 with USD 18.0 million while ALSB would carry out the package-3 involving USD 14.1 million.

Source:
http://www.newagebd.net/article/6775/teletalk-signs-deals-with-nokia-alcatel-lucent-for-network-expansion
http://www.thedailystar.net/business/teletalk-signs-33m-deals-upgrade-network-1344085

US scrap shipments to Bangladesh up sharply

US ferrous scrap shipments to Bangladesh increased sharply by 204 per cent, according to a report by www.recyclinginternational.com. Bangladesh imported 291, 836 tonnes of ferrous scrap from the US in the first 11 months of 2016 compared to 96, 045 tonnes in the corresponding period of 2015.

Source: http://print.thefinancialexpress-bd.com/2017/01/12/161802

Dhaka to engage with Delhi to lift jute duty

With a fifth of the country’s yearly jute exports at stake following India’s imposition of anti-dumping duty on import of jute products from Bangladesh and Nepal, a national jute advisory committee meeting yesterday decided to engage immediately with India for lifting the duty. The meeting, held at the textiles and jute ministry, also decided that the duty issuance would be discussed during prime minister’s upcoming visit to India.

Source: http://www.thedailystar.net/frontpage/dhaka-engage-delhi-lift-jute-duty-1344139

Biman wins Malaysian award

The award is given by the KLIA management, Malaysia based on the highest numbers of passengers carried between Kuala Lumpur and Southeast Asian regions, said Shakil Meraj, general manager (PR) of Biman. Biman Country Manager for Malaysia Mohammed Salahuddin received the award recently from YB Dato’ Seri Liow Tiong Lai, minister of transport, Malaysia, at a grand award ceremony held in Kuala Lumpur.

Source: http://www.dhakatribune.com/business/2017/01/12/biman-wins-malaysian-award/

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