Category: Industry

The authorities are in a fix whether to hand over the land of the state-owned Rangamati Textile Mills for setting up a power plant or to build a medical college and hospital. The Cabinet Economic Affairs Committee approved a proposal…

Commerce Minister Tofail Ahmed on Monday said the database of workers at the country’s thousands of garment factories will open on April 7. The minister was talking to journalists after a meeting with the visiting European Parliament delegation led by…

The High Court on Sunday granted bail for six months to Rana Plaza owner Sohel Rana in a case filed by Rajdhani Unnayan Kartripakkha (Rajuk) under the Building Construction Act. However, the Jubo League leader has to remain behind the…

Dhaka’s District and Sessions Judge’s Court on Thursday rejected the bail petition of Tazreen Fashions’ Managing Director (MD) Delwar Hossain and set March 20 to pass order on the prosecution’s petition to scrap the bail of Delwar’s wife and also…

Jamunal Group chief Nurul Islam Babul on Tuesday filed bail bond with the Chief Metropolitan Magistrate (CMM) Court of Dhaka in two separate cases filed with Bhatara Police Station of the capital. Magistrate Md Ashiqur Rahman of the court allowed…

The Anti-Corruption Commission (ACC) on Monday sent a letter to Bangladesh Oil Gas and Mineral Corporation (Petrobangla) authorities seeking some documents for the purpose of its inquiry, according to sources. ACC deputy director Ahasan Ali served the letter seeking information…

A Dhaka court on Thursday fixed March 13 to hear on the bail petition of Tazreen Fashions Managing Director (MD) Delwar Hossain in the case filed in connection with the devastating fire in the garment factory in 2012. Dhaka’s District…

The textile testing laboratory of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) got the accreditation certificate from the National Accreditation Board for Testing and Calibration Laboratories of India. This certification will enable the textile testing laboratory of BGMEA to proclaim…

The Ambassador of Chile to Bangladesh, based in New Delhi, Cristian Barros, on Wednesday invited Bangladeshi entrepreneurs to start business in Chile under an initiative ‘Startup Chile’. The envoy informed that the Chilean government has taken an initiative, titled ‘Startup…

The first meeting of the joint working group (JWG) for cooperation in textiles sector between Bangladesh and India will be held here on Thursday, said an official. Bangladesh and India signed a memorandum of understanding (MoU) on cooperation in textiles…

US Ambassador in Dhaka Dan W Mozena on Thursday said the defiant owners of the readymade garment (RMG) who are ‘unwilling’ to meet the international safety and labour rights standards should ‘close and leave’ their businesses to keep the vibrant…

Jamuna Group Chairman Nurul Islam Babul sued Basundha Group Chairman Ahmed Akbar Sobhan and five others demanding a compensation of Tk 20 billion for publishing fake, false and defaming news items in the Daily Kalerkantha and the Bangladesh Pratidin. Judge…

The Bashundhara Group’s East-West Property Group lodged a defamation case against seven persons including Jamuna Group Chairman Nurul Islam Babul on Monday demanding a compensation of  Tk eleven billion for running a false and fake report in the Daily Jugantor.…

Kin Selection Products Manufacture (BD), a Chinese company, will set up a leather product industry in Uttara Export Processing Zone (UEPZ).

The 12th Social Business Design Lab will be held at Yunus Centre in the capital on Saturday. The Yunus Centre Social Business Design Lab is a meeting place for the people of diverse backgrounds having the goal of developing and…

The prosecution on Wednesday sought cancellation of Tazreen Fashions Chairman Mahmuda Akter Mita’s bail to Dhaka’s Metropolitan Sessions Judge’s Court. On Wednesday, Khandaker Abdul Mannan, Public Prosecutor of Dhaka’s District and Sessions Judge’s submitted the petition. Although, the petition was…

The Chief Judicial Magistrate Court of Dhaka on Monday granted bail to Tazreen Fashions Chairman Mahmuda Akter Mita while the bail petition of the Managing Director (MD) and also Mita’s husband Delwar Hossain was rejected and he was sent to…

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Thursday signed an agreement with leading consultancy firm Impactt to improve the productivity in the readymade garment (RMG) sector.

Foreign Direct Investment (FDI) to Bangladesh in December 2013 was Tk 3387.975 million (US$ 43.575 million), Agriculture Minister Matia Chowdhury informed Parliament Tuesday.

Biman Bangladesh Airlines will resume its New York flight from June 4 this year after nearly eight years. The flight will operate via Birmingham. Biman’s Dhaka-New York flight remained suspended since July 2006 due to financial losses and serious shortage…

Dhaka – Stressing that the business and politics should not be mixed up, Commerce Minister Tofail Ahmed on Friday urged all to come under the same platform rising above differences in the greater interest of the country’s economy. “We’re marching…

The country’s top business leaders on Tuesday urged the government to use all possible means and launch an ‘image-rebuilding campaign’ immediately in an effort to let the entire world know ‘things are normal now and Bangladesh is back to business’.

Dhaka – The government has planned to float a strong platform soon along with top business leaders in an effort to help businesses overcome the challenges for maintaining an ‘impressive’ track record on economic growth and development.