The readymade garment factory owners were asked on Sunday to pay the salary and festival bonus of their workers by August 6 next to avert any untoward incident ahead of Eid-ul-Fitr.
Category: Industry
Google stumbles in 2Q as slump in ad rates deepens
Google views the computing shift to smartphones and tablets as a golden opportunity, but the Internet search leader’s second-quarter performance served as an unsettling reminder that it poses a nagging financial challenge, too.
GP reports Tk 47.4bn revenues for 1st half of 2013; EPS declines
Grameenphone Ltd (GP) reported Tk 47.4 billion revenues for the first half of 2013, a 2.2 percent increase from the first half of 2012.
Airtel Bd signs corporate agreement with ActionAid Bd
“Airtel Bangladesh Limited has signed a corporate agreement with ActionAid Bangladesh which is a non-profit based organisation well known for working with poor people to end poverty in more than 40 countries of the world. The signing ceremony took place…
GP launches m-Centrex to upgrade BR telecom system
Dhaka – Grameenphone Limited, the leading telecommunications service provider in the country, formally launched m- Centrex for Bangladesh Railway aiming to upgrade the telecommunication system of Bangladesh Railway by transforming the copper based system into fiber/IP system.
Automobile production set new record in 2012
Washington, DC – World auto production set yet another record in 2012 and may rise even higher during 2013. According to London-based IHS Automotive, passenger-car production rose from 62.6 million in 2011 to 66.7 million in 2012, and it may…
Sick cottage industries made profitable in Rajshahi
The industrial estate of Bangladesh Small and Cottage Industries Corporation (BSCIC) in Rajshahi metropolis has started making profit with investment by some of the country’s big companies.
Retailers in Bangladesh garment safety deal
A group of 70 international retailers has agreed a programme of safety inspections at garment factories in Bangladesh in the wake of a devastating building collapse that killed more than 1,100 people in April.
Perpetrators of politicising business escaped responsibily
Speakers at a roundtable on Sunday emphasised the need for not mixing up politics with business and business with politics.
FBCCI urges judicious electricity use during Ramadan
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Sunday urged the shop owners and managements of the shopping malls to abide by the decision of keeping shops open till 8pm during the first 10 days of the…
Oil price up on Egypt unrest, stockpiles fall
The price of oil stayed above $101 a barrel Thursday after being jerked higher by unrest in Egypt and a fall in U.S. energy stockpiles that suggests a recovery in demand.
Extortion may affect market prices: FBCCI
Predent of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Kazi Akram Uddin Ahmed on Sunday voiced concern that the prevalence of extortion on the highways can affect the prices of essentials and vegetables during the month of…
15 get garment-making training
A group of people have received training on garment manufacturing under a new corporate social responsibility (CSR) partnership that the International Labour Organisation (ILO) terms ‘a big step forward’.
Ban on ads for breast-milk substitutes in offing
The government has approved a proposal to put a ban on advertisement that promotes some baby foods as an alternative to breast milk.
Emerging Market Iniiative Award for Robi
Robi wins Emerging Market Initiative of the year at the Asia Communication Awards 2013. Mobile phone operator Robi Axiata Limited has been awarded the Emerging Market Initiative of the Year Award for its “BIMA and Robi – Life Insurance” service.…
FICCI stresses resolving political crisis
Foreign Investors’ Chamber of Commerce and Industry (FICCI) on Sunday stressed resolving the political crisis in the country for attracting foreign investment.
Telenor, Ooredoo win Myanmar telecom licenses
Myanmar granted licenses Thursday to Norway’s Telenor and Ooredoo of Qatar to set up the country’s first foreign-owned mobile phone networks.
Bagladesh-India to review power initiatives
A Bangladesh delegation led by Power Secretary Monowar Islam is in the Indian capital New Delhi to what the Indian High Commission in Dhaka says “give impetus to power sector cooperation”.
REHAB Summer Fair begins Wednesday
A four-day housing fair, titled ‘REHAB Summer Fair-2003’, begins here on Wednesday, aiming to help people make plans to buy plots and apartments.
Lessons learned from B’desh factory collapse
NEW YORK – The recent Rana Plaza factory collapse in Bangladesh that killed more than 1,100 people highlights the serious risks that labor conditions can pose not only to workers, but also to organizations’ reputations, supply chains, and bottom lines.
Bachelor of Entrepreneurship planned: DCCI
DCCI Business Institute (DBI) is going to offer ‘Bachelor of Entrepreneurship Development’ (BED) degree, the first of its kind in the country, said officials on Saturday.
Bidi–cigarette workers discrimination protested
Bidi factory workers in Barisal on Thursday formed human chain, staged demonstration on city roads and handed over memorandum demanding withdrawal of proposed additional taxes on handmade tobacco products and discrimination between bidi and cigarette factory workers. Barisal Karikar Bidi…
Attract black money for investment, plead businesses
President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Kazi Akramuddin Ahmed on Wednesday stressed the need for plugging up the sources of black money or undisclosed money and squeezing their sources.
9 new units to start production in Comilla EPZ soon
Nine new units will start production in Comilla Export Processing Zone soon which will create employment opportunities for about 15,000 workers.
Fast Retailing to support women empowerment in B’desh
Fast Retailing Company Ltd on Saturday announced plans to empower women and challenge gender inequality in Bangladesh through two new initiatives — a US $1 million donation to the Asian University for Women, and a project to support girls’ soccer.
KAFCO suffers Tk6 cr loss for gas crisis each day
Frequent suspensions of gas supply to Karnaphuli Fertiliser Company Limited (KAFCO) in Chittagong continue to make a sharp dent in its income.
FBCCI finds budget realistic, not ambitious
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Saturday termed the proposed budget realistic but not ambitious contradicting the Finance Minister.
Grameenphone expands telemedicine project
Grameenphone, the leading mobile phone operator in the country, has widened the reach of telemedicine service in the country aiming to provide quality healthcare to the rural people.
Int’l RMG retailers urged to stay in BD
BGMEA leaders Wednesday urged international retailers to stay in Bangladesh as the initiative to ensure safety of workers and workplace has been taken.
Petrobangla wants illegal gas lines legalised
State-owned Petrobangla on Tuesday extended the time limit to legalise illegal gas connections up to June 20 from the existing May 31, and warned the consumers that they will face the music if they fail to do so by the…