The government on Monday withdrew all value added taxes and supplementary duties imposed against every SIM card replacement through the Mobile Number Portability (MNP) service.
Category: Business
Social dialogue key to fixing minimum wages: ILO
The International Labour Organisation (ILO) Country Office in Bangladesh has said it is encouraged by the Bangladesh government’s decision to revisit the minimum wages for readymade garment workers through an agreement reached by a special tripartite committee set to examine…
China 2018 trade growth slowed as US trade battle heated up
China’s trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened.
Govt revises wage structure of RMG workers
Gazette in 2-3 days with retrospective effect from Dec 1 Dhaka, Jan 13 – In the wake of widespread protests by RMG workers for the last few days over the disparity in their new wage structure, the government on Sunday…
20 hurt as cops, RMG workers clash in Ashulia
The academic activities at Shahjalal University of Science and Technology resume on Monday after the Eid-ul-Azha vacation.
Get back to work or factories to be shut indefinitely: BGMEA
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday threatened to keep all the factories shut for an indefinite period if the agitating workers do not go back to work by Monday.
Bodi tells Yaba traders: ‘Surrender by Wednesday’
Cox’s Bazar, Jan 13 – Controversial ex-MP Abdur Rahman Bodi on Friday asked yaba traders at Teknaf and Ukhia Upazilas to surrender within five days. “If the enlisted yaba traders do not surrender within five days, they will face terrible…
IBBL Business Development Conference begins
Dhaka, Jan 12 – A two-day business development conference of Islami Bank Bangladesh Limited began at Pan Pacific Sonargaon Hotel, Dhaka on January 12, 2019, Saturday. Professor Md. Nazmul Hassan, PhD, Chairman of the bank inaugurated the conference as chief guest.
Dhaka Police chief warns garment unrest ‘vested interests’
Dhaka, Jan 12 – Dhaka Metropolitan Police (DMP) Commissioner Md Asaduzzaman Mia on Saturday warned unnamed ‘vested quarters’ against trying to use the ongoing unrest in the garments sector to serve their own subversive ends, and vowed not to let…
German envoy for peaceful mechanism to resolve RMG issues
Dhaka, Jan 12 – German Ambassador to Bangladesh Peter Fahrenholtz has laid emphasis on finding a peaceful way to resolve the issues related to the RMG sector in Bangladesh.
Bangladesh garment workers’ unrest on; 50 factories closed
Dhaka, Jan 12 –Readymade garment (RMG) workers demonstrated for a sixth consecutive day on Saturday in the capital, Ashulia and Gazipur demanding higher wages.
Remove illegal establishments from roads in a week: Quader
Road Transport and Bridges Minister Obaidul Quader on Friday ordered the authorities concerned to remove all the illegal establishments along roads and highways across the country within a week.
A closer look at the World Bank’s sizable China portfolio
China continues to borrow an average of $2 billion a year from the World Bank, making it one of the Bank’s top borrowers—despite being the world’s second-largest economy and itself a major global lender, according to our study released today.
No rise in default loan from now on, says finance minister
New Finance Minister AHM Mustafa Kamal on Thursday announced that there will be no rise in default loan from now on and it will be reduced gradually.
HC asks Etihad Airways: Handover women harassment footage
Dhaka, Jan 10 – The High Court on Thursday directed authorities concerned of Etihad Airways to handover video footage containing the alleged incident of harassing and torturing two Bangladesh born women at Abu Dhabi International Airport in 2011.
20-km tailback on Bd’s premier Dhaka-Chittagong highway
A 20-kilometer long tailback was created on Dhaka-Chattogram highway in Daudkandi upazila on Thursday morning, causing immense sufferings to hundreds of passengers.
Bd RMG workers staging demo again in capital, suburbs
At least 35 people were injured in clashes between garment workers and police in different areas of Savar, Gazipur and the capital on Thursday.
BB heist: Philippine court jails former RCBC manager
A Philippine court on Thursday held former manager of Rizal Commercial Banking Corp. (RCBC), Maia Santos-Deguito, guilty of money laundering offenses in connection with the $81 million Bangladesh Bank heist.
50 injured as Bd garment workers police clash Near Dhaka
At least 50 people were injured in separate clashes between garment workers and police at Savar, Ashuliaand Gazipur district on Wednesday.
16th Dhaka Int’l Textile & Garment machinery exhibition begins
The 16th Dhaka International Textile and Garment Machinery Exhibition began at Basundhara International Convention Centre (BICC) in the capital on Wednesday.
Hyundai exhibits ‘walking car’ at CES
Hyundai has shown off a small model of a car it says can activate robotic legs to walk at 3mph (5km/h) over rough terrain. Also able to climb a 5ft (1.5m) wall and jump a 5ft gap, the Hyundai Elevate…
Ethiopia-Eritrea border trade boom as peace takes hold
The reopening of the border between former enemies Ethiopia and Eritrea has dramatically changed the towns near the frontier, writes the BBC’s Emmanuel Igunza. The sun had just risen but the market in Adigrat was already coming alive when I…
Dhaka International Trade Fair begins Wednesday
Dhaka, Jan 8 – The 24th Dhaka International Trade Fair (DITF) begins at Sher-e-Bangla Nagar in the city on Wednesday.
One RMG worker killed in Savar clash over minimum wage
Savar, Jan 8 – A readymade garment (RMG) worker was killed and 30 others were injured in clashes with policemen during demonstrations at Hemayetpur on Tuesday.
Asian countries dominate in passport power in 2019
Japan goes into the new year holding the 1st place on the Henley Passport Index, with citizens enjoying visa-free/visa-on-arrival access to 190 destinations. In a further display of Asian passport power, Singapore and South Korea now sit in joint 2nd…
Islami Bank Matlab branch distributes blankets
Dhaka, Jan 08 – The Matlab Branch of Islami Bank Bangladesh Limited distributed blankets among the cold-affected people of Pachani Village of Mohanpur Union, Under Matlab Uttar Upazila, Chandpur on January 4, 2019.
RMG workers continue protests for minimum wage 50 injured
Readymade garment workers, protesting for a third consecutive day, clashed with police in Dhaka and Savar on Tuesday, leaving dozens of people injured.
Stopping criminals from laundering their trillions
Al Capone had a problem: he needed a way to disguise the enormous amounts of cash generated by his criminal empire as legitimate income. His solution was to buy all-cash laundromats, mix dirty money in with clean, and then claim…
IBBL distributes blankets among cold affected people
Dhaka, Jan 07 – The Islami Bank distributes blankets in Sreenagar, Munshigonj. Md. Joynal Abedin, Director of Islami Bank Bangladesh Limited distributed blankets among the cold-affected people in bank’s Sreenagar Branch, Munshigonj on January 6, 2019, Sunday.
RMG workers unrest in Gazipur, Savar, Uttara: Bus torched
Garment workers staged demonstrations in Uttara, Savar and Gazipur on Monday demanding cancellation of the ‘discriminatory’ wage board announced by the government for them, disrupting traffic on Dhaka-Mymensingh highway and Airport road for several hours.