Tag: Industry

Dhaka’s District and Sessions Judge’s Court on Thursday rejected the bail petition of Tazreen Fashions’ Managing Director (MD) Delwar Hossain and set March 20 to pass order on the prosecution’s petition to scrap the bail of Delwar’s wife and also…

Jamunal Group chief Nurul Islam Babul on Tuesday filed bail bond with the Chief Metropolitan Magistrate (CMM) Court of Dhaka in two separate cases filed with Bhatara Police Station of the capital. Magistrate Md Ashiqur Rahman of the court allowed…

The Anti-Corruption Commission (ACC) on Monday sent a letter to Bangladesh Oil Gas and Mineral Corporation (Petrobangla) authorities seeking some documents for the purpose of its inquiry, according to sources. ACC deputy director Ahasan Ali served the letter seeking information…

A Dhaka court on Thursday fixed March 13 to hear on the bail petition of Tazreen Fashions Managing Director (MD) Delwar Hossain in the case filed in connection with the devastating fire in the garment factory in 2012. Dhaka’s District…

The textile testing laboratory of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) got the accreditation certificate from the National Accreditation Board for Testing and Calibration Laboratories of India. This certification will enable the textile testing laboratory of BGMEA to proclaim…

The Ambassador of Chile to Bangladesh, based in New Delhi, Cristian Barros, on Wednesday invited Bangladeshi entrepreneurs to start business in Chile under an initiative ‘Startup Chile’. The envoy informed that the Chilean government has taken an initiative, titled ‘Startup…

The first meeting of the joint working group (JWG) for cooperation in textiles sector between Bangladesh and India will be held here on Thursday, said an official. Bangladesh and India signed a memorandum of understanding (MoU) on cooperation in textiles…

US Ambassador in Dhaka Dan W Mozena on Thursday said the defiant owners of the readymade garment (RMG) who are ‘unwilling’ to meet the international safety and labour rights standards should ‘close and leave’ their businesses to keep the vibrant…

Jamuna Group Chairman Nurul Islam Babul sued Basundha Group Chairman Ahmed Akbar Sobhan and five others demanding a compensation of Tk 20 billion for publishing fake, false and defaming news items in the Daily Kalerkantha and the Bangladesh Pratidin. Judge…

The Bashundhara Group’s East-West Property Group lodged a defamation case against seven persons including Jamuna Group Chairman Nurul Islam Babul on Monday demanding a compensation of  Tk eleven billion for running a false and fake report in the Daily Jugantor.…

Kin Selection Products Manufacture (BD), a Chinese company, will set up a leather product industry in Uttara Export Processing Zone (UEPZ).

The 12th Social Business Design Lab will be held at Yunus Centre in the capital on Saturday. The Yunus Centre Social Business Design Lab is a meeting place for the people of diverse backgrounds having the goal of developing and…

The prosecution on Wednesday sought cancellation of Tazreen Fashions Chairman Mahmuda Akter Mita’s bail to Dhaka’s Metropolitan Sessions Judge’s Court. On Wednesday, Khandaker Abdul Mannan, Public Prosecutor of Dhaka’s District and Sessions Judge’s submitted the petition. Although, the petition was…

The Chief Judicial Magistrate Court of Dhaka on Monday granted bail to Tazreen Fashions Chairman Mahmuda Akter Mita while the bail petition of the Managing Director (MD) and also Mita’s husband Delwar Hossain was rejected and he was sent to…

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Thursday signed an agreement with leading consultancy firm Impactt to improve the productivity in the readymade garment (RMG) sector.

Foreign Direct Investment (FDI) to Bangladesh in December 2013 was Tk 3387.975 million (US$ 43.575 million), Agriculture Minister Matia Chowdhury informed Parliament Tuesday.

Biman Bangladesh Airlines will resume its New York flight from June 4 this year after nearly eight years. The flight will operate via Birmingham. Biman’s Dhaka-New York flight remained suspended since July 2006 due to financial losses and serious shortage…

Dhaka – Stressing that the business and politics should not be mixed up, Commerce Minister Tofail Ahmed on Friday urged all to come under the same platform rising above differences in the greater interest of the country’s economy. “We’re marching…

The country’s top business leaders on Tuesday urged the government to use all possible means and launch an ‘image-rebuilding campaign’ immediately in an effort to let the entire world know ‘things are normal now and Bangladesh is back to business’.

Dhaka – The government has planned to float a strong platform soon along with top business leaders in an effort to help businesses overcome the challenges for maintaining an ‘impressive’ track record on economic growth and development.

Thirteen people, including the two owners, have been charged over a factory fire in Bangladesh in November 2012 that killed more than 100 people.

Despite withdrawal of embargo, decision on new gas connections to industries and commercial consumers has been put on the backburner by the gas distribution companies due to reconstitution of a high level committee after departure of its head.   As a…

Billions of dollars of investment made by more than 10,000 Pakistanis in Bangladesh is facing uncertainty in the wake of tense situation ahead of next parliamentary elections in Bangladesh.   Experts monitoring the situation, however, say although the situation poses some…

Mohammad Shahjahan Khan, involved in shipping and real estate business, has been elected new President of the Dhaka Chamber of Commerce & Industry (DCCI) for the year 2014.   Osama Taseer has been elected Senior Vice President and Kh. Shahidul Islam…

Dhaka Chamber of Commerce and Industry (DCCI) on Thursday signed a memorandum of understanding (MoU) with the Institution of Diploma Engineers, Bangladesh (IDEB) to promote DCCI’s project of creating 2,000 new entrepreneurs.

Dhaka – Referring to recent decline in readymade garment (RMG) export due to recent political unrest, leaders of the sector and its backward linkages on Tuesday demanded special incentives like special P.C or Baisalam, term loans without interest and halting…

Dhaka – Bangladesh Bank will provide US$ 25 million to Standard Group as loan assistance to recover the losses in recent arson attacks on the group’s readymade garment (RMG) factory at Gazipur industrial belt.

Dhaka – Upset over the mindless violence across the country, apparel manufacturers have decided to form a human chain on Saturday in front of the BGMEA complex in the city, aiming to send out a strong message to the politicians…

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Sunday called on the chiefs of the two major political parties to make sure that the upcoming national election is participated by all the parties and accepted by all…

The government on Sunday formed a high-powered committee to investigate the recent arson attack at Standard Group, a leading apparel factory, in Gazipur.