PresseBox – nova-Institute publishes the first comprehensive market study on the consumption of biodegradable and compostable plastic products in Europe: 100,000 tonnes in 2015, market demand could grow to beyond 300,000 tonnes in 2020. Compostable plastic bags dominate the market…
Khulna – Workers of seven state owned jute mills in Khulna went on an indefinite strike on Monday to press home their five-point demand. The Collective Bargaining Agreement (CBA) and non-CBA Oikya Parishad of the seven jute mills — Crescent…
Dhaka – With an aim to make the pharmaceutical industry of the country a multi-billion dollar industry, the 45th annual general meeting (AGM) of the Bangladesh Association of Pharmaceutical Industries (BAPI) was held at a city hotel on Thursday. Following…
The cabinet on Monday gave the final approval to the draft of the ‘The Bangladesh EPZ Labour Law, 2016′ keeping a provision for constituting trade unions (TUs) in the export processing zones (EPZs) as well as forming a permanent wage…
STAFF REPORTER Commerce minister Tofail Ahmed has said there is no possibility to probe the alleged anti-dumping on jute goods export to India as Bangladesh provides cash incentive to jute traders.
– Bangladesh Bank (BB) has set the SME (small and medium enterprises) loan disbursement target at Taka 1 lakh 13 thousand 503 crore and 43 lakh for 2016, which is higher by 8.52 percent from the target of 2015.Last year…
The government will shut down the tanneries in the capital’s Hazaribagh area if their owners fail to relocate those to Savar Tannery Estate within 72 hours.Industries Minister Amir Hossain Amu instructed the Bangladesh Small and Cottage Industry Corporation (BSCIC) to…
Amy Yee At Western Marine’s shipyard on the edge of the Bay of Bengal, machines shriek and sparks fly as workers turn hulking pieces of metal into gigantic ships. The clanging of hammers echoes as a stray dog trots across…
STAFF REPORTER The special taskforce of Dhaka Power Distribution Company Limited on Sunday had unearthed massive electricity theft and tax evasion during a drive in a 24 storied and 18 storied twin tower building named ‘Tokyo Plaza’ in Narayanganj.
Dhaka Northern Power Generations Limited (DNPGL) obtained a fund of $ 28.97 million (equivalent to Tk 227.41 crore) from Investment Promotion and Financing Facility (IPFF) for its 55 MW power plant at Singair of Manikganj.
Dhaka – Transparency International Bangladesh (TIB) has expressed concern over the reliability and security of the proposed Rooppur Nuclear Power Plant and demanded full public disclosure of information related to the project to ensure transparency in the plant construction. Bangladesh’s…
The Asian Development Bank (ADB) and the government of Bangladesh on Tuesday signed $205 million loan agreements for increasing access to reliable supply of electricity and improving efficiency and capacity of power systems in Bangladesh.
The Sustainable Innovation Forum at COP21 hosted an abundance of growth companies that are interested in accelerating sustainable development and the advancement of the green economy. In developed countries, venture capital firms and governments are able to invest in these…
Bangladesh is likely to become the world’s top cotton importer replacing China, according to the US Department of Agriculture (USDA) data.
State Minister for Finance and Planning MA Mannan on Sunday said the government is ready to provide essential support to the Mobile Financial Service (MFS) providers to reach out maximum population.
The re-registration of subscriber identity modules (SIMs) through biometric verification system begins on Wednesday on an experimental basis, State Minister for Posts and Telecommunications Tarana Halim said on Tuesday.
Chittagong – The newly elected office bearers and leaders of BGMEA, Chittagong chapter called on city mayor AJM Nasiruddin at his office chamber on Saturday. The BGMEA team headed by the newly elected first vice President Moinuddin Ahmed Minto greeted…
Dhaka – Bangladesh’s National Economic Council (Ecnec) on Tuesday approved the proposed Chinese Economic & Industrial Zone to be set up on 774.25 acres of land at Anwara, Chittagong involving Tk 420.37 crore exclusively for Chinese investors. The approval was…
The government has asked the garment factories to announce Eid-ul-Azha holiday from Sep 21 in phases in order to ease travel hassles. The order was issued in a meeting of the home ministry with representatives of police and business leaders…
The 107th Social Business Design Lab organized by Yunus Centre took place today on 29th August 2015 at the Grameen Bank Auditorium. Around 150 participants and observers, from national and international organisations with diverse background attended the programme, including a…
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the government to ensure adequate gas and power supplies to industries for accelerating the country’s industrialisation process. “The government has already taken a number of positive initiatives to…
The 86th Social Business Design Lab took place today 22 June 2015 at the Grameen Bank Auditorium. About 150 participants and observers, from national and international organizations with diverse background attended the program, including a large number of international visitors.…
The “Bangladesh Denim Expo” starts Monday at the Radisson Blu Water Garden Hotel in the capital, aiming to showcase Bangladesh’s growth potential in the denim industry globally. Commerce Minister Tofail Ahmed will inaugurate the exposition as the chief guest on…
As the global market for dyed yarns and fabrics becomes increasingly competitive, German multinational Huntsman Textile Effects is helping Queen South Textile Mills of Bangladesh reinforce its industry leadership with a renewed emphasis on environmental and economic sustainability. Under a…
The European Union (EU) has alerted Bangladesh that it could revisit Everything But Arms (EBA) if another tragedy like Rana Plaza takes place or even just the continuation of poor conditions for workers. “Another tragedy, or even just a continuation…
With just one month left for the second anniversary of the Rana Plaza disaster, several organisations negotiating compensation for its victims are reminding brands to stick to their commitments of donating to the victims of the garment industry’s deadliest disaster.…
Exporters, as part of its ongoing programme protesting hartal and blockade, will observe a token hunger strike on Saturday seeking an end to violence and thus restoring a peaceful business environment in the country. They will observe the token hunger…
A two-day training course organized for the physically challenged male and female entrepreneurs ended at the hall room of Rangdhanu Zila Protibondhi Adhikar Sangstha (RZPAS) here on Tuesday afternoon.
Nobel Laureate Professor Muhammad Yunus visited China from 15 December to 19 December 2015. He was invited to launch Grameen China and attend a number of high-level events organized by the Chinese Association of Microfinance (CAM). On December 15, Professor…
Four major companies from the readymade garment (RMG) sector have joined the “Partnership for Sustainable Textile”, initiated by German Federal Development Minister Dr Gerd Mueller. The four companies are: DBL Group, Niagara Textiles Ltd, Saiham Knit Composite Ltd and JMS…