Renowned economist Professor Rehman Sobhan yesterday stressed workers' participation in industry ownership, in a bid to create a win-win situation. 
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Speakers at a discussion yesterday slammed the World Bank and International Monetary Fund (IMF), saying these agencies always advocate the government to privatise state-owned enterprises (SoEs) instead of suggesting ways to help them recover losses.
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Bangladesh's export earning, remittance and foreign aid flow may witness some signs of slack in future if the economic recession in the US and European countries becomes severe and prolongs, said speakers at a seminar yesterday.
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The European Commission called on Wednesday for a 200 billion euros (259 billion dollars) stimulus package to snap Europe's economy out of recession through spending hikes and tax breaks.
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The World Bank said yesterday Bangladesh's export growth might fall by 4.3 percentage points and remittance by 20 percentage points this fiscal year over the last year due to global economic meltdown.
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The apex trade body for the readymade garments (RMG) sector is upbeat on Bangladesh's growth in exports despite global financial meltdown, turning down the World Bank prediction of a fall.
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BGMEA President Anwar-Ul-Alam Chowdhury Parvez has suggested that bankers should not fear to invest in the garment sector as the flow of foreign buying orders to Bangladesh is increasing.
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More international buyers are coming to Bangladesh despite the global financial recession as they think China, one of the major competitors of Bangladesh, is no more viable for them due to higher prices of apparel items.
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Germany targets Bangladesh as a lucrative investment destination considering the latter's steady economic growth for the past several years despite political instability.
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Bangladesh's textile industry apprehends an economic shock on a European Union move to change the rules of origin (RoO) by the year 2010 that favours a single-stage transformation with regard to garment manufacture.
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The 18th annual US Trade Show will begin here at Dhaka Sheraton Hotel on February 26 next year.
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The current Rupee depreciation may not be appreciated by Indian economists, but it has definitely proved encouraging for Sri Lankan garment exporters.
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A four-day garment and knitting technology show titled 'Zak Garmentech Bangladesh' will begin from January 13 in Dhaka.
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Bangladesh must focus on export diversification, investment in infrastru-cture, food security enhancement and human capital development to offset the negative effects of the current financial turmoil, US Ambassador to Bangladesh James F Moriarty said yesterday.
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Southtech Limited of Bangladesh and Comentor from Denmark developed a new internet-based tool for hiring large pools of specialized employees online, said a press release.
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