Chris Ye chris.ye@csr-asia.com
Category: Business
EU buyers of BD RMG must promote standards
Chairperson of the European Union’s Committee on Foreign Affairs (AFET) has urged European companies sourcing readymade garments (RMG) from Bangladesh to promote acceptable standards in the manufacturing units.
Political unrest to affect economy: CPD
Centre for Policy Dialogue (CPD) on Monday observed that the continuation of the current political unrest will leave an unfavourable footprint on economic performance over the 2013-14 fiscal. The observation came in a CPD report on macroeconomic performances in the…
JS budget session begins Monday
The budget session of the ninth parliament will begin Monday and the opposition BNP has decided to join the session ending their long boycott.
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.
Walmart, Gap standards for RMG factories safety
Top US companies are now in negotiations to agree on new safety standards for their clothing-producing contractors in Bangladesh, a month after a garment factory’s collapse in Dhaka killed more than 1,100 workers.
Rich cricketers to go under NBR microscope
As scandals keep on unfolding, the National Board of Revenue (NBR) appears to scrutinise the tax files of some rich cricketers, both the present and former ones, to ascertain the sources of their ‘hefty’ money.
7.2pc GDP growth for next fiscal ‘over ambitious’
The government’s plan to keep 7.2 percent GDP (gross domestic product) growth target in the coming budget will be an ‘over ambitious’ given the external and internal situation, especially political uncertainty, said economists.
BB governor appreciates banks’ CSR activities
Appreciating the CSR activities of banks, Bangladesh Bank governor Dr Atiur Rahamn on Saturday said banks and financial sector institutions in the country are maintaining generally benign and safe working environment.
Price manipulation frustrates Boro farmers
Farmers in Sirajganj district are not getting the reasonable price for Boro paddy much to their frustration.
Price manipulation frustrates Boro farmers
Farmers in Sirajganj district are not getting the reasonable price for Boro paddy much to their frustration.
Launch Suravi-7 caught in storm, runs aground
Triple deck launch MV Suravi-7 remains stranded on shoal since Thursday night after caught in storm on way to Dhaka from Barisal.
Saudi Amnesty: One lakh B’deshis get consular services
Bangladesh missions in Riyadh and Jeddah have extended consular services to over 100,000 Bangladesh nationals till Thursday evening since the declaration of an amnesty by the Saudi government.
Gap, Wal-Mart work on another BD safety plan
Further splintering the global fashion industry’s response to the tragedies in Bangladesh’s apparel industry, Wal-Mart, Gap announced they’ll be pursuing their own, independent safety reform plan.
JICA to extend loan to BB for RMG sector
The Japan International Cooperation Agency (JICA) will provide Tk 1 billion loan to Bangladesh Bank for the development of country’s garments sector.
Fc credit cardholders can spend more
Bangladesh Bank on Thursday decided to allow foreign currency credit cardholders to spend unused travel allowance and US$1,000 more for online purchase of goods and services annually.
Int’l Business Forum de leaves for US
A delegation of the International Business Forum of Bangladesh (IBFB) on Thursday departs the country for United States on a three-week visit, in a bid to explore new areas of businesses.
Muhith sees 6.03% GDP growth
Finance Minister Abul Mal Abdul Muhith categorically said that the growth of gross domestic product (GDP) would not go below 6.3 percent in the current fiscal year.
Cash dividend, bonus from UAE-BD Investment Co
The UAE-Bangladesh Investment Company Limited on Thursday handed over cash dividend worth Tk 49 lakh and bonus shares worth Tk 13.90 crore to Finance Minister AMA Muhith for the 2012 calendar year against the government’s stake in the company.
Shillong-Dhaka bus service to start soon
Bangladesh and India are set to have another link with the introduction of the much-awaited Shillong-Dhaka bus service. Meghalaya transport minister HDR Lyngdoh said India and Bangladesh have mutually agreed to start the bus service and both governments have cleared…
Islami Bank’s SME client gets loan
Saifuddin Ahmed Chowdhury, proprietor of M/s SH Traders and one of the investment clients of Islami Bank Bangladesh Limited, Andarkilla branch here, received Tk 50 lakh as loan from the bank’s branch.
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.
Faridpur remittance fair attracts large crowd
A 2-day expatriate banking and remittance fair held from May 24 to 25 at Ambika Moida in Fairdpur targeting to channelize remittance through banking, has fetched huge crowd. A total of 15 commercial banks have demonstrated their expatriate banking and…
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…
Share prices at the country’s both
Buourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-witnessed uptrend in early hours of trading on Tuesday.
Oil falls below $94 a barrel
The price of oil fell Monday as traders concerned about global energy demand took profits ahead of economic data from China and the United States.
Stocks bounce back from loss
Share prices at the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –- bounced back on Monday after a fall on Sunday.
US entrepreneurs keen to invest in private sector
The US entrepreneurs on Monday expressed their interest to invest in the Bangladesh’s private sector.
RMG workers withdraw city blockade
Readymade garment workers withdrew their protest programme of road blockade on Monday after five-hour as they were given assurance to meet their demands.
Stocks fallen at the beginning of the week
Investors saw a moderate fall in the benchmark indices of the country’s bourses on Sunday. The Dhaka Stock Exchange (DSE) general index shed over 79 points to stand at 3,895 at the close on the day’s trading. Trade deals stood…