Tag: Industry

Real Estate & Housing Association of Bangladesh (Rehab) on Saturday expelled its general secretary Engineer Anisuzzaman Bhuiyan Rana on charge of anti-organisational activities.

After the recent incidents of fire at and collapse of factory buildings in the garment exporters’ hub of Bangladesh, the country and its garment units, are facing the ire of international business communities.

The United Nation‘s labour agency urged Bangladesh to close unsafe factories as rescuers pulled more bodies from the wreckage of the nation‘s worst industrial disaster in which at least 548 have died. 

The authorities of three garments including Vertex Ltd shut their factories as cracks found in buildings at Tetuljhora in Savar of the city.

A German clothing company says it is “surprised, shocked and appalled” after samples of its textiles were reportedly found in the remains of a Bangladesh garment factory that collapsed on the outskirts of Dhaka last week.

Dhaka Chamber of Commerce and Industry (DCCI) urged the Non-Resident Bangladeshi (NRB) businessmen of Dubai to invest in Bangladesh. DCCI president M Sabur Khan made the call during a meeting with Dubai Chamber of Commerce and Industry in Dubai on Wednesday where…

The businessmen of Abu Dhabi have expressed their keen interest to invest in ceramics, petroleum, oil and gas sectors in Bangladesh.

The business community on Sunday urged BNP to withdraw their May 2 dawn-to-dusk hartal keeping in mind the Savar tragedy.

In the latest development, the government is going to form a committee soon to monitor overall conditions of the country’s readymade garments factories.

President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Atiqul Islam on Sunday urged the garment workers to join their works to protect the country’s RMG sector.

Bangladesh-India Friendship Power Company Ltd (BIFPCL) will start functioning next month with the initial equity money of Tk 16 crore for the proposed Rampal 1320 MW coal-fired power plant project.

Various bodies of the country’s export-oriented apparel business owners on Tuesday urged political parties to shun the ongoing confrontational politics, calling it ‘detrimental to life and property’. 

Leading women entrepreneurs on Monday urged the political parties to stop confrontational politics for the sake of economy and to save them from the huge financial losses.

Production at Fenchuganj Fertilizer Factory came to a halt due to lack of power supply on Sunday.

Former caretaker government adviser Mirza Azizul Islam on Thursday said the recent political instability and its impact on export-oriented industries, small businesses and transports could cost the country about 0.6 percentage points of GDP in the current fiscal.

Real Estate and Housing Association of Bangladesh (REHAB) on Wednesday demanded among other things the scope to invest legally earned undisclosed money in the real estate sector for five to ten years from next fiscal. They placed the demands during…

The first meetings of the India-Bangladesh-Bhutan working group on water and power and the working group on transit and connectivity will be held in Dhaka on Thursday and Friday respectively.

The High Court (HC) on Tuesday lifted a previous ban on providing new gas connections by the government to households and industrial units.

Dhaka Chamber of Commerce and Industry (DCCI) on Saturday said the two major political parties should put behind the past and go forward to bring political stability in the country through dialogue. 

Toyota, Honda and Nissan are recalling more than 2 million vehicles globally for an identical problem with air bags on the passenger side whose inflator may burst, sending plastic pieces flying.

The Cabinet Purchase Committee on Wednesday approved seven proposals, including the import of 50,000 metric tons of wheat.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Tuesday voiced grave concern over the prevailing power crisis in the region of Chittagong.

Independent oil and gas exploration and production company Tullow Oil PLC has sold share capital of Tullow Bangladesh Ltd (TBL) for $42.35 million to KrisEnergy Asia Holdings BV.

Messrs Global Labels (Bangladesh) Ltd, a Spain-Bangladesh joint venture company, will establish a garment accessories industry in Dhaka Export Processing Zone involving US$ 2 million.

Norwegian Trade and Commerce Minister Trond Giske on Saturday visited GPHouse, the corporate headquarters of Grameenphone.

Dhaka Chamber of Commerce and Industry (DCCI) on Saturday urged the National Board of Revenue (NBR) to keep new entrepreneurs and their businesses out of tax net for the first three years for their hassle-free growth and helping the economy…

Industrial orders in Germany rebounded in February, a promising sign for first-quarter growth in Europe’s biggest economy after an unexpected drop the previous month.

President of Dhaka Chamber of Commerce and Industry (DCCI) M Sabur Khan on Wednesday called upon the government to ensure uninterrupted supply of gas, power and energy to industries in the country’s greater economic interest.

Kevin John Steele, the new Managing Director of Biman Bangladesh Airlines Ltd, joined his new assignment on Monday.