BGMEA, the association of ready-made garment factory owners, has held the promoter of Rana Plaza and owners of five garment factories it housed as responsible for the casualties and recommended punishment for them.
Category: Business
FDI went up in 2012 Bangladesh
The Foreign Direct Investment (FDI) in Bangladesh has gone up by 13.75 percent in 2012, despite a weak global investment climate.
Bangladesh’s export potentials to EU untapped
Bangladesh’s export potentials to the European Union countries still remained untapped despite ‘best possible’ market access, the head of EU delegation in Dhaka, Ambassador William Hanna said on Wednesday stressing on diversification of export basket.
Banks to remain open Saturday: BB
The Bangladesh Bank on Wednesday directed the scheduled banks to keep their branches open on June 29 (Saturday) to facilitate the revenue collection.
British Airways to let passengers to switch on mobile phones
British Airways is to become the first European airline to let passengers switch on their mobile phones and other devices just after landing.
Export earnings from fruits, vegetable items mark rise
The country’s export earnings from vegetable and fruits over the first 11 months of the current fiscal have increased by 42 and 35 percents respectively compared to the previous fiscal, according to the Export Promotion Bureau (EPB).
Seminar on ‘Islamic Economics and Banking’ held
A seminar on ‘Islamic Economics and Banking’ organised by Islami Bank Bangladesh Ltd (IBBL) was held here on Tuesday marking the opening of its new branch in Kamal Tower at Sachar Bazar in the district.
Condolence meeting on banker Lutfar Rahman held
A condolence meeting was held in the capital on Tuesday in memory of former Bangladesh Bank governor Lutfar Rahman Sarkar.
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.
TCB starts selling essentials in Rajshahi
Ahead of the holy month of Ramadan, Trading Corporation of Bangladesh (TCB) has started selling essentials at fair prices through its authorized dealers in all eight districts of Rajshahi division on Sunday last, official sources said.
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.
Developing economies drivers of int’l trade growth: ICC
Dhaka – Developing economies remain the drivers of international trade growth despite the ever-rising level of regulation in the wake of the financial crisis and a clear trade finance gap for small- and medium-sized enterprises (SMEs) in the southern hemisphere,…
Atiur at unconventional monetary policy meet
Bangladesh Bank Governor Dr. Atiur Rahman participated in a Banking and Monetary Policy related Governors’ panel discussion this morning (23 June, 2013) on the occasion of Annual General Meeting of Bank of International Settlements (BIS) at Basel.
DCC fixes meat prices for Ramadan
Dhaka North City Corporation and Dhaka South City Corporation on Sunday fixed the prices of beef and mutton for the upcoming Ramadan.
BB asks banks to strictly maintain age limit in recruitment
The Bangladesh Bank on Sunday issued a circular directing the concerned banks to fix the highest age limit (30) while recruiting officials and employees to the banks following the government rules.
Investment needed to attain middle-income status: MCCI
Speakers at a discussion here on Sunday said the private investment in the country needs to have a major boost for the fulfillment of the national goal to achieve the middle-income status by 2021.
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.
6 IBBL officials promoted to Ex-VP
Six senior officials of Islami Bank Bangladesh Limited (IBBL) were promoted to Executive Vice President (EVP) post on Saturday.
Indian Ocean Rim countries meet next month
Ministers for commerce and industries from member countries of the 20-nations Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) will meet at the forum’s headquarters in Mauritius next month to explore ways of strengthening business ties.
Rice price hike in Satkhira
After remaining stable for a long time, the rice market in Satkhira has become unstable with a sudden surge in price of the staple.
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…
OMS stoppage makes rice price high in Satkhira
After remaining stable for a long time, the rice market in Satkhira has become unstable with a sudden surge in price of the staple. Price of per sack (60 kgs) of rice has increased by Tk140 to Tk160 at wholesale…
Oracle having trouble to keep Wall Street happy
Oracle is still having trouble closing enough business software deals to keep Wall Street happy.
Rice price hike in city
The average retail price of rice in Dhaka city has increased to Tk 31.5 per kg from Tk 25.9 over the first half of June, according to official statistics.
Bangladesh is place for building, exporting ships: Experts
Experts at a seminar here on Thursday stressed the need for promoting the shipbuilding business in the country to earn more foreign currency by exporting ships.
Remittance hits $1,194.40m in Apr, $ 1,087.19m in May
The country received $ 1,087.19 million in remittance during the month of May this year from wage earners abroad with the highest mount of $ 256.56 million coming from Saudi Arabia.
Agrani Bank’s 889th branch opens in Shibpur
Agrani Bank has opened a new branch at Shibpur bazar in Narsingdi district on Saturday .. With this new branch the number of branches of Agrani bank stands at 889th. Local Parliament Member (MP) Johirul Hoque Mohan attended the function…
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.
High interest rate sought to buy Euros of Portuguese debt
Investors have demanded higher interest rates to buy 1.5 billion Euros ($2 billion) of Portuguese debt as the bailed-out country’s economic recovery efforts struggle to gain traction.
Potential taxpayers should not be less than 6 million: NBR
National Board of Revenue (NBR) chairman M Ghulam Hossain on Wednesday said that the potential income tax payers in Bangladesh should not be less than 60 lakh considering the economic size and activities in the country.