Bangladesh has sought a two-year duty-free access for its readymade garment products to the US market as the coronavirus pandemic put the major export-earning sector in trouble amid cancellations of global orders.
Category: Business
e-commerce has a billion-dollar market: Tipu Munshi
Commerce Minister Tipu Munshi on Wednesday called upon all involved in e-commerce to maintain their service quality for creating its good image as it has a billion-dollar market.
114 stranded Bangladeshis return from London
Dhaka, May11: The government today brought back 114 stranded Bangladeshi nationals from London by a special chartered flight of Biman Bangladesh airlines amid flight suspension due to COVID-19 pandemic.
IBBL Shari`ah Supervisory Committee meeting held
An online meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on 9 May 2020, Saturday.
Some shopping malls reopen amid virus fear
As businesspeople have been permitted to keep shopping malls and markets open on a limited scale from Sunday, some of them reopened their shops in different parts of the country, including Dhaka and Chattogram, while some kept their businesses shut…
Gausia market workers stage protest demanding arrears
Shop employees of Gausia market staged demonstrations and blocked Mirpur Road for an hour on Sunday demanding their arrears.
The Global Resilience Imperative
By Johan Rockström and Ottmar Edenhofer POTSDAM – As the COVID-19 crisis passes and governments try to shore up collapsing economies, many will be tempted to roll back their climate and nature commitments. They should resist that impulse. This century…
Biodiversity or Bust
By Tudor Alexis TORONTO – The blame game has begun. The number of COVID-19 victims is still unknown, but there is a stream of hate and misinformation pervading timelines. The damage of disinformation and the virus itself to families and…
No waiver of goods storing charge at Ctg port after May 16
CHATTOGRAM, May 9, 2020 (BSS) – The waiving of goods storing charge at Chattogram Port Authority (CPA) yard would not be extended after May 16, CPA chairman Commodore Abul Kalam Azad told BSS.
RMG workers demand wages, Eid bonus by 25 Ramadan
Garment workers movement’ a platform of garment workers,demanded payment of wages and Eid bonus by 25th Ramadan.
Essential goods transfer from India to BD by train begins
The first freight train loaded with onions was handed over by Indian Railway to Bangladesh Railway authorities at Gede (India) – Darsana (Bangladesh) interchange point on Saturday.
GP stands by customers, physicians, business partners
Grameenphone on Friday announced more initiatives and contributions to stand by customers, frontline health professionals, and its business partners during the coronavirus pandemic.
Train kills 14 migrant workers walking home in India
New Delhi, AP/UNB, May 08 – A train in India crashed into a group of migrant workers walking along the railroad tracks on to their way back to their home state on Friday, killing at least 14, officials and local…
Chemical leak at LG plant in India kills 11, sickens 1,000
Hyderabad, AP, India – A gas leak at a chemical factory owned by a South Korean company in southern India early Thursday left at least 11 people dead and about 1,000 struggling to breathe.
‘Silent virus carriers to be rapid spreaders at markets’
Dhaka, May 07 – The reopening of markets ahead of Eid will surely help the stalled wheel of economy move again, but health experts warned that it will lead to a stark rise in coronavirus cases, putting a serious strain…
A step forward in fighting hunger
– Dr Bandar Hajjar The title seems both mysterious and exciting! To cut the reader’s confusion short, the title is related to the Saudi Project for the Utilization of Hajj Meat. It simply means that, last year, the project was…
e-commerce providers allowed to deliver food items
The government has allowed e-commerce providers to deliver food items, books, electronic gadgets and dresses to customers’ doorsteps adopting proper safety measures.
Disinfect all transports on highways: Jatri Kalyan Samity
The Jatri Kalyan Samity, a passengers’ welfare organisation, requested the government to take immediate measures to disinfect all vehicles running on roads and highways to curb the transmission of coronavirus.
White House readies to scrap Trump’s coronavirus task force
In the latest sign that the Trump administration no longer considers the coronavirus pandemic its top daily priority, the White House is set to disband the emergency task force handling the outbreak.
Flight operation to remain suspended till May 16
The Civil Aviation Authority of Bangladesh (Caab) on Tuesday extended the suspension of all international and domestic flights till May 16, aiming to prevent the spread of coronavirus. The restriction on operation of international passenger flights has been extended till…
Operate shops, shopping malls 10am-4pm: Commerce Ministry
Businessmen will be allowed to keep shops and shopping malls open for six hours from 10am to 4pm every day from May 10, after maintaining health guidelines during the general holidays.
E-commerce proposals at WTO a recipe for corporate greed
Geneva, (Kanaga Raja) – The proposals for a WTO agreement on e-commerce, which are currently on hold, would further exacerbate inequality and division at a time when the world needs to work as one, according to a new report.
Workers of closed RMG factories to get 65pc salary for April
Dhaka, May 04 – Readymade garment (RMG) workers of factories that were kept shut during the general holidays, will receive 65 percent salary for the month of April.
City, Meghna groups cut refined soybean oil, sugar prices
City Group and Meghna Group have reduces the wholesale price of refined soybean oil by Tk 5 per litre and sugar by Tk 3 per kg.
PM asks Railway to transport goods across country
Prime Minister Sheikh Hasina on Monday asked Bangladesh Railway to transport goods across the country strengthening its luggage-van services during this ongoing crisis caused by novel coronavirus outbreak.
Shops, shopping malls to remain open till 5 pm for Eid
The government has decided to allow keeping shops and shopping malls open till 5 pm maintaining health guidelines during the general holidays extended until May 16 considering Ramadan and Eid-ul-Fitr.
BB asks banks not to take interest for April, May
DHAKA, May 3, 2020 (BSS) – Bangladesh Bank (BB) has instructed all banks to transfer the interest or profit for the month of April and May against the existing loans or investments to transfer an interest free blocked account and…
Chartered flight arranged to bring Bangladeshis from UK
DHAKA, May 3: The government has decided to arrange a chartered flight on May 10 to take home Bangladeshi citizens who have been stranded in the United Kingdom (UK) amid flight suspension due to deadly COVID- 19 pandemic.
Bangladesh airlines asked to be ready for domestic flights
Civil Aviation Authority of Bangladesh (CAAB) on Saturday directed all the airlines to take preparations for resuming domestic flights from May 8.
US dollar credit outside US grew by 6% in 2019, says BIS
Geneva, 29 Apr (Kanaga Raja) – US dollar credit to non-bank borrowers outside the United States grew by 6%, to reach $12.2 trillion at end-2019, the Bank for International Settlements (BIS) has said.