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Bangladesh made spectacular economic progress despite limited resources: ICCB


Bangladesh made spectacular economic progress despite limited resources: ICCB
United News of Bangladesh (UNB)
Bangladesh, July 12 Bangladesh has made spectacular economic progress over the last five decades despite limited resources, International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman said Sunday.
The GDP growth rate has reached a record high. Per capita income has also risen steadily, he said.
Rahman made the remarks while presenting the Executive Board Report of ICC Bangladesh for 2020 in its annual council held virtually in the city.
He said the country has achieved near self-sufficiency in food production for its population of 170 million.
The country now even shoulders the burden of the world s largest refugee population of over 1 million Rohingyas who have fled persecution in neighbouring Myanmar, Rahman said. ....

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Plan big to diversify exports | The Daily Star


Plan big to diversify exports
Experts say
Garment is a success model for Bangladesh’s exports but now is the time to focus on other potential sectors like leather, pharmaceuticals and light engineering, an expert says. Photo: Star/File
Star Business Desk
Star Business Desk
Bangladesh needs to formulate long-term plans on how to enhance its export basket after graduating from the UN s group of Least Developed Countries (LDCs), experts say at a webinar held yesterday.
Related measures could include providing low cost and easy access to finance, adequate policy support along with fiscal and non-fiscal incentives for non-garment export sectors while ensuring equal treatment and skills development, they said. ....

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