Monday, July 16, 2018 | ePaper

Govt giving special incentives to SME sector: Amu

  • Print
Economic Reporter :
Industries Minister Amir Hossain Amu has said the government is giving special incentives to the entrepreneurs of the Small and Medium Enterprise (SME) sector to establish sustainable and green industries in the country.
"The rate of air pollution of SME factories is lower than the heavy industries. That's why we are giving special incentives in establishing green SME factories," he said.
The Industries Minister made the remarks while addressing a session titled
'Greening of SMEs and Enhancing National Productivity: the Role of Circular
Economy' of the 'High Level Eighth Regional 3R Forum in Asia and the Pacific'
held in Madhya Pradesh of India on Wednesday, according a message received on Thursday.
He said the SME sector is contributing a lot to the country's GDP while it is also creating employment opportunities here. 'About 25 percent of the country's total GDP comes from SME."
Amu said SME sector is suitable for implementation of Reduce, Reuse and Recycle (3R) strategy of waste.
Development Commissioner of the Indian Micro, Small and Medium Enterprises Ministry presided over the session.

More News For this Category

ONE Bank Limited arranged a simple ceremony on the occasion of its 19th Founding Anniversary of the bank at its head office on Sunday. M Fakhrul Alam, Managing Director along with Senior Executives and employees of the bank attended to mark the occasion. Presently, the bank is operating through 95 Branches, 90 ATM Booths and 19 Booths across the country.

ONE Bank Limited arranged a simple ceremony on the occasion of its 19th Founding Anniversary of the bank at its head office on Sunday. M Fakhrul Alam, Managing Director along with Senior Executives and employees of the bank attended to mark the occasion. Presently, the bank is operating through 95 Branches, 90 ATM Booths and 19 Booths across the country.

.

Imperva willing to train cyber-security experts in BD

Business Desk :Imperva, a global best-in-class cyber-security solutions provider, announced that they would like to help Bangladesh develop local resources by training up a national cyber security team before

Shahnawaj made DMD of Dhaka Bank

Shahnawaj made DMD of Dhaka Bank

Business Desk :AKM Shahnawaj has recently been promoted as Deputy Managing Director of Dhaka Bank Limited. Prior to taking the new role, he was the Senior Executive Vice-President (SEVP)

NCC Bank Limited has signed an agreement with Computer Source InfoTech Ltd for purchasing

NCC Bank Limited has signed an agreement with Computer Source InfoTech Ltd for purchasing "Loan Management Solution" software at the bank's head office recently. Mosleh Uddin Ahmed, Managing Director, Muhammad H Kafi, Head of Operations, Khondoker Nayeemul Kabir and Md. Habibur Rahman, Deputy Managing Directors of the bank and Md Solaiman Hossain, Managing Director and Abu Mustofa Chowdhury, Director of the software company were also present.

.

Price fall in large-caps drives stocks down

Economic Reporter :Stock markets opened the week on Sunday with downward trend due mainly to price fall in large-cap securities despite higher transactions.The major falling sectors were textile, paper

PM urges UAE to invest in SEZs

BSS, Dhaka :Prime Minister Sheikh Hasina on Sunday urged the United Arab Emirates (UAE) to invest in the Special Economic Zones (SEZs) of Bangladesh.The Prime Minister was talking to

Qazi Akramuddin elected Int. Director of Lions Club

Qazi Akramuddin elected Int. Director of Lions Club

Business Desk :Chairman of Standard Bank Limited and former President of FBCCI Lion Qazi Akramuddin Ahmed has been elected "International Director" for 2018-2020 period of the world's largest philanthropic,

BIAA Delegation called on Zhang Zuo

BIAA Delegation called on Zhang Zuo

Business Desk :A business delegation of Bangladesh Indenting Agents' Association (BIAA) led by its President Muhammad Ayub on Thursday met Zhang Zuo, Ambassador, People's Republic (PR) of China to

63 companies get Nat'l Export Trophies

Economic Reporter :A total of 63 companies were awarded the National Export Trophies for their contribution and performance in the country's export earnings as well as other compliance issues

Director of Envoy Textile Limited Tanvir Amhed, receiving a gold medal as National Export Trophy in textile fabrics sector for FY 2014-15 from the Commerce Minister Tofail Ahmed initiated by the ministry on Sunday at Osmani Memorial Auditorium in the capital.

Director of Envoy Textile Limited Tanvir Amhed, receiving a gold medal as National Export Trophy in textile fabrics sector for FY 2014-15 from the Commerce Minister Tofail Ahmed initiated by the ministry on Sunday at Osmani Memorial Auditorium in the capital.

.