Kin Selection Products Manufacture (BD), a Chinese company, will set up a leather product industry in Uttara Export Processing Zone (UEPZ).
Category: Business
Sylhet-Akhaura route: 4 rail stations shut for staff shortage
Four railway stations on the Sylhet-Akhaura route have remained closed over the last four years due to shortage of manpower, including station masters, much to the sufferings for the passengers.
12th Social Business Design Lab Saturday
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…
Immediately compensate Rana Plaza victims’ families
Leaders of RMG workers on Friday at a rally in the city demanded of the government to compensate the families of the Rana Plaza victims immediately.
‘Central bank can help RMG factories recoup losses’
Dhaka – The government through the central bank can help the owners of garment factories recover the heavy losses caused by political instability across the country last year, says a top banker. “There’s no long-term fund to help the garment…
DCCI training on business communication ends
Dhaka – The five-day training course on “International Business Communication in English” concluded at Dhaka Chamber of Commerce & Industry (DCCI) through awarding certificates among the participants on Wednesday. DCCI vice president Kh. Shahidul Islam has called upon the entrepreneurs…
BB governor for gender-sensitive, environ-friendly budget
Bangladesh Bank governor Dr Atiur Rahman on Wednesday stressed the need for formulating a gender-sensitive, and environment -and development-friendly national budget. “A budget is very important for our nation, family and personal life. The national budget should be gender-sensitive, and…
Prosecution seeks Tazreen chairman bail cancellation
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…
Government is constructing 158 new godowns
The government is constructing 158 new godowns across the country with a view to preserving another 1.05 lakh metric tons of food. Food Minister Quamrul Islam on Tuesday stated this in Parliament, replying to a starred question of Enamul Haque…
Efforts on to get back GSP in 2 months: Tofail
Dhaka – Commerce Minister Tofail Ahmed on Tuesday said all-out efforts are on to fulfill all the US conditions to get back the Generalized System of Preferences (GSP) facility within the next two months. Bangladesh has three more conditions, out…
Trade union calls for implementation of RMG wage award
Garment Workers’ Trade Union Centre on Tuesday said many readymade garment factories have not yet implemented the new wage board for workers. The minimum wages for the garment workers, effective from January, have been set at Tk. 5,300.
Tazreen MD denied, chairman granted bail
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…
Govt inks US$ 535 m deal with WB
International Development Association (IDA), the World Bank’s concessionary arm, will provide US$ 535 million for strengthening delivery of urban services and quality of higher education in the country. Mohammad Mejbahuddin, Secretary of Economic Relations Division and Johannes Zutt, World Bank…
Withraw Nasiman, Kariman from highways: HC
The High Court has ordered the withdrawal of indigenous three-wheelers, locally known as Nasiman, Kariman or Bhatbhati, from highways in 10 districts of south-western Bangladesh. The bench of Justice Salma Masud Chowdhury and Justice Md Habibul Gani issued the order…
Ctg-Dhk, Ctg-Sylhet train services resume
Train communications of Chittagong with Dhaka and Sylhet, which remained suspended following a derailment in Gangasagar area of Akhaura upazila, resumed after about 10 hours early Monday.
Citycell likely to get 6 months to pay 2G renewal fee
Dhaka – Country’s first mobile phone operator Citycell is likely to get another six months’ time to pay 2G license renewal fee. But to avail of that chance it will have to pay the unpaid amount of revenue sharing of…
Dhaka-Sylhet-Chittagong rail links snapped as train derails
Train communication of Chittagong with Dhaka and Sylhet remained suspended as a freight train bogie derailed in Gangasagar area of Akhaura upazila on Sunday evening.
Fog cuts off Paturia-Daulatdia ferry link for 4 hrs
Ferry movement on the Paturia-Daulatdia route resumed on Sunday morning after four hours of disruption due to dense fog.
Banker detained for Jamaat involvement in Rajshahi
Detective Branch (DB) of police detained a banker for his alleged involvement in political activities of Jamaat from Raipara area under Rajpara Police Station in the city last night.
Mobile operators help to eliminate illegal VoIP business: BTRC
Dhaka – Chairman of the Bangladesh Telecommunication Regulatory Commission (BTRC) Sunil Kanti Bose on Saturday sought cooperation from all the mobile phone operators in eliminating illegal Voice Over Internet Protocol (VoIP) business. He also urged the operators to complete SIM…
BRAC Bank employees run marathon for humanity
Dhaka – The employees of BRAC Bank Limited has organised a marathon titled ‘BRAC Bank DAUR 2014 – Kolyaner Pothochola’ to raise fund for humanity. Benazir Ahmed, Dhaka Metropolitan Police (DMP) Commissioner, was present as the chief guest at the…
BD economy more self-contained than of India: Amu
Industries Minister Amir Hossain Amu on Friday said the economy of Bangladesh is more self-contained than that of India. “In terms of economy, our country is more self-dependent than India. It’s recognised in the world that our country is self-sufficient…
Award for ADB’s best project teams
The Asian Development Bank (ADB) has awarded three of its best performing project teams in Bangladesh as part of its efforts to promote efficient project implementation. ‘Second Crop Diversification Project’ executed jointly by the Department of Agricultural Extension and Bangladesh…
BGMEA teams up with Impactt to improve RMG productivity
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.
Bangladesh Bank calls for environment-friendly projects
Governor of Bangladesh Bank Atiur Rahman on Thursday asked banks and financial institutions to finance environment-friendly industrial infrastructures. He said the Investment Promotion and Financing Facility (IPFF) Cell of the central bank, backed by the World Bank (WB), has been…
JETRO keen on cooperation with DCCI
Japan External Trade Organization (JETRO) wants to cooperate with Dhaka Chamber of Commerce & Industry (DCCI) in promotion of trade and investment between Dhaka and Tokyo.
Sewing machines distributed among FF families in Jhenaidah
A total of 100 sewing machines distributed free of cost among 100 freedom fighter families in six upazila of the district on Tuesday.
Visitors swarming at Islami Bank pavilion at DITF
Visitors are thronging the pavilion of Islami Bank Bangladesh Ltd (IBBL) at Dhaka International Trade Fair (DITF) here in large number. Decorated exceptionally, the pavilion easily draws the attention of the visitors at the month-long fair.
FDI to BD US$ 43.575 million in Dec 2013
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.
How junk economists help the rich impoverish the working class
By Paul Craig Roberts January 29, 2014 “Information Clearing House – Last week, I explained how economists and policymakers destroyed our economy for the sake of short-term corporate profits from jobs offshoring and financial deregulation. That same week Business Week…