Category: Industry

Bangladesh Textiles Mills Association (BTMA) on Sunday placed a 9-point proposal for consideration of the government in the next national budget that includes fixing income tax at 10 percent on the profit of the textile sector and to continue the…

DHAKA: Nissan Motor will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch.

The Textiles and Jute Minister Abdul Latif Siddique has tersely objected to US envoy Dan Mozena’s asking managements to allow trade union rights in readymade garment factories.

Titas Gas Transmission and Distribution Company, a state-owned gas agency, will start providing physical connections to households within the next 10-15 days.

The distribution and supply of electricity in all the 21 districts of the country’s southwest and southeast regions resumed on Thursday night after the tropical storm Mahasen crossed the country’s territory.

Thousands of workers will start working again in hundreds of readymade garments factories in Asulia area under Savar from Friday as per decision of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Businessmen in real estate and construction sectors want government’s supportive policy in the coming budget to keep the prices of construction materials stable.

The factory workers of Global Capsules Limited at Rupatali area of the city have withdrawn  their  strike and  backed to work on Monday noon after five-day as owners agreed to meet 5 out of 9 point demands about increase of…

The G20 is responding to business concerns, but needs to further improve its performance to maintain the momentum in the global economic recovery, according to a new report by the International Chamber of Commerce (ICC).

A newly-formed bilateral chamber, Bangladesh-Philippines Chamber of Commerce and Industry (BPCCI), has been launched recently. The aim of the new chamber is to promote trade and investment between Bangladesh and the Philippines, said a press release on Monday. Ambassador of the…

Dhaka Chamber of Commerce and Industry (DCCI) and Registrar of Joint Stock Companies and Firms (RJSC) signed a Memorandum of Understanding (MoU) on Monday.

Real Estate & Housing Association of Bangladesh (Rehab) on Saturday expelled its general secretary Engineer Anisuzzaman Bhuiyan Rana on charge of anti-organisational activities.

After the recent incidents of fire at and collapse of factory buildings in the garment exporters’ hub of Bangladesh, the country and its garment units, are facing the ire of international business communities.

The United Nation‘s labour agency urged Bangladesh to close unsafe factories as rescuers pulled more bodies from the wreckage of the nation‘s worst industrial disaster in which at least 548 have died. 

The authorities of three garments including Vertex Ltd shut their factories as cracks found in buildings at Tetuljhora in Savar of the city.

A German clothing company says it is “surprised, shocked and appalled” after samples of its textiles were reportedly found in the remains of a Bangladesh garment factory that collapsed on the outskirts of Dhaka last week.

Dhaka Chamber of Commerce and Industry (DCCI) urged the Non-Resident Bangladeshi (NRB) businessmen of Dubai to invest in Bangladesh. DCCI president M Sabur Khan made the call during a meeting with Dubai Chamber of Commerce and Industry in Dubai on Wednesday where…

The businessmen of Abu Dhabi have expressed their keen interest to invest in ceramics, petroleum, oil and gas sectors in Bangladesh.

The business community on Sunday urged BNP to withdraw their May 2 dawn-to-dusk hartal keeping in mind the Savar tragedy.

In the latest development, the government is going to form a committee soon to monitor overall conditions of the country’s readymade garments factories.

President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Atiqul Islam on Sunday urged the garment workers to join their works to protect the country’s RMG sector.

Bangladesh-India Friendship Power Company Ltd (BIFPCL) will start functioning next month with the initial equity money of Tk 16 crore for the proposed Rampal 1320 MW coal-fired power plant project.

Various bodies of the country’s export-oriented apparel business owners on Tuesday urged political parties to shun the ongoing confrontational politics, calling it ‘detrimental to life and property’. 

Leading women entrepreneurs on Monday urged the political parties to stop confrontational politics for the sake of economy and to save them from the huge financial losses.

Production at Fenchuganj Fertilizer Factory came to a halt due to lack of power supply on Sunday.

Former caretaker government adviser Mirza Azizul Islam on Thursday said the recent political instability and its impact on export-oriented industries, small businesses and transports could cost the country about 0.6 percentage points of GDP in the current fiscal.

Real Estate and Housing Association of Bangladesh (REHAB) on Wednesday demanded among other things the scope to invest legally earned undisclosed money in the real estate sector for five to ten years from next fiscal. They placed the demands during…

The first meetings of the India-Bangladesh-Bhutan working group on water and power and the working group on transit and connectivity will be held in Dhaka on Thursday and Friday respectively.