What the papers say

Migration Meet in Dhaka

A weekly round up of articles about employment, the labor market, skills training and workforce development. This week’s round up is drawn from The Independent. Here is the news for the week ending 3rd November 2016.

This week in the Bangladesh English Press…

…we look at the potential of call centres to create jobs. Bangladesh is about to hold a major summit on migration and the country secures billions of dollars in Chinese investment.

Potential for Outsourcing

Call centres are a common outsourcing service. Typically companies based in Asia offered these services to large multinational corporations with customers in North America and the United Kingdom.

In future up to 200,000 new jobs could be created every year in outsourcing ventures such as call centres.

Young educated people would be the main candidates .

Bangladesh has held a BPO summit for the last two years to draw attention to business opportunities in the sector.

The Philippines has over one million people employed in the industry. India is the main competitor and attracts top firms.

The Philippines has an advantage with US firms because the American accent is used in the Philippines. The Philippines also has a lot of qualified people and affordable office space.

Migration Summit in Dhaka

Dhaka will host the Global Forum on Migration and Development in December.

The theme of the ninth summit will be, “Migration that works for Sustainable Development for All: Towards a Transformative Migration Agenda.”

Bangladesh and Germany are jointly planning the meeting scheduled for December 11th to 12th.

Senior Officials from the International Labour Organisation and the International Organisation on Migration will attend.

China Invests in Bangladesh

The governments of China and Bangladesh has just signed $24 billion of loans and investments.

And another $13 billion will be invested by Chinese companies.

China wants to invest in the Bangladesh China India Myanmar Corridor plan, in textile and other infrastructure projects.

But China warns of the challenges of its planned investments such as land acquisition and gas supply.

Bangladesh Economic Zones Authority has already signed an MoU with China’s Ministry of Commerce. A Chinese Economic and Industrial Zone will be located at Anwara in Chittagong on 774 acres of land.