Archive / Career - 2019
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Building a circle of trust between buyers and suppliers in BangladeshWell-known retail names are, in some cases, disappearing. They are being replaced by smaller, more nimble companies which operate almost exclusively online and bring trends...Disposable Fashion Is Growing Exponentially, and It’s Hell on the EnvironmentWhen she was younger, Katherine Nation recalls going on shopping binges at Forever 21 and H&M to spend all the cash she’d received on Christmas...Cotton farming needs to growCotton is a necessary raw material for maintaining Bangladesh’s current flow of garments export. However, although the demand of cotton is steadily increasing, there is...Trade war a boon for Bangladesh: ADBBangladesh's gross domestic product (GDP) will grow 0.19 percent more within the next one or two years if the US-China trade war escalates further, the...Bangladesh And The Fire Next TimeThe fire began late Wednesday night. In a small restaurant at the bottom of Wahed Mansion, in the Bangladeshi capital of Dhaka, a young boy...Bangladesh stands to gain from US-China trade conflict, says ADB chief economistThe chief economist of the Asian Development Bank (ADB) has termed Bangladesh’s economic growth “miracle” and said the country appears to gain from the trade...Coats Global Services Conclude Apparel Tech Up BangladeshCoats Global Services (CGS), a Coats business providing complementary software solutions to the apparel and footwear supply chain, concluded the first series of Apparel Tech...Bangladeshi shrimp sector sets agenda of moving black tiger shrimp into premium categoryAfter years of losing market share to competitors in other countries who farm vannamei shrimp (Penaeus vannamei), Bangladeshi shrimp farmers, who primarily farm black tiger...Invest in Bangladesh, PM urges expatriatesPrime Minister Sheikh Hasina made the call visiting with Speaker of Tower Hamlet Council in London, Ayas Miah, who paid a courtesy call at the...MHPS Opens Branch Office in Dhaka, BangladeshMar 4, 2019--Mitsubishi Hitachi Power Systems, Ltd. (MHPS) today opened a branch office in Dhaka, the capital city of Bangladesh. Establishment of the new base...Firms venturing overseas due to economic instabilitySeveral firms, both new and more established are gearing to venture into more lucrative markets overseas due to the dicey macroeconomic situation in the country.The...Incentive for remitters to curb hundi: analystsIntroduction of a minimum incentive for the remitters would play a huge role in curbing the use of illegal money transfer system and bringing all...Better corporate governance key to higher GDP growth: MannanPlanning Minister MA Mannan yesterday said Bangladesh needs to improve corporate governance practices if it wants to maintain its high economic growth rate.Bangladesh is one...Policy for automobile sector on cardsBangladesh will formulate a policy in six months to develop the country's automobile sector, the commerce minister said.Tipu Munshi said Bangladesh encourages Indian entrepreneurs to...SIAM hosts second Indo-Bangla auto show in DhakaThe second edition of the Indo-Bangla Automotive Show organised by the Society of Indian Automobile Manufacturers (SIAM) in collaboration with the Automotive Component Manufacturers Association...Australian brands should address worker issues: OxfamAn in-depth analysis of lives of workers working in the Australian clothing supply chains has revealed a systemic failure to ensure payment of living wages...Construction industry booming in BangladeshThe demand for cement, steel, bricks and other construction materials recorded a good growth in Bangladesh during 2018 and looks to perform even better this...How big tobacco keeps cancer rates high in countries like minearing for people with cancer in Bangladesh – as I do every day – should be getting easier. After all, we’ve had a decade-long economic...Bangladesh Versus India in the Development RaceThere’s an old theory that as an organism develops, it progresses through the same evolutionary stages traveled by its ancestors. Traditionally, economic development has worked...Bangladesh on the path of industrialisation?Countries like Bangladesh may lose competitive advantage in attaining economic growth to come out of poverty by creating mass urban employment in the garment industry,...Relocating Hazardous Old Town Industries: At primary stage, perenniallyAfter an inferno had claimed 124 lives in Old Dhaka's Nimtoli in 2010, the government took up four projects to relocate four types of industries...Chameli earns 51¢ an hour making clothes for Australia's $23 billion fashion industryChameli often goes hungry and earns about 51¢ an hour making clothes in a factory that supplies Australia's $23 billion fashion industry.She lives in a...Construction sector looks to thrive on higher demandThe construction sector passed a good year in 2018 and looks to perform even better this year on the back of speeding up of implementation...Traders urge improvement of Nepal-Bangladesh customs processNepali traders in the eastern region have expressed dismay over unnecessary customs charges and documentation hassles while trading goods to Bangladesh.They have drawn the attention...A golden era for the construction industryDr AFM Saiful Amin, Professor, Civil Engineering Department, BUET, talks to Nihad Nowsher about the state of the construction industry in Bangladesh and what the...Bangladesh’s energy conundrumIn spite of being the “Next Eleven” emerging economies of this century, Bangladesh is witnessing a trend of moving backwards in terms of energy consumption....IDLC earnings weighed down by subsidiariesIDLC Finance's earnings per share fell 6 percent to Tk 5.76 last year from a year ago because of a lower net profit caused by...Trade gap with India stood at $7746.13m in FY2018The rising trade deficit with the neighbouring India has become one of the major concerns for the economy of Bangladesh. The diplomatic failure is one...Fahim gets support from association group as FBCCI PresidentThe association leaders lent their support during a discussion on recommendations for the upcoming national budget at Dhaka Club on Sunday Business leader Sheikh Fazle Fahim...Japan commits to help boosting Bangladesh agriculture: RazzakThe agriculture minister Dr Md Abdur Razzak, MP has underscored the need for further development of the agriculture sector with a view to boosting country’s...RMG industry as the major employment sectorThe ready-made garment (RMG) industry in Bangladesh is entering an important new chapter in its history. Decisions made now by the industry and its leaders...Bangladesh: the Government challenges the AccordNext Monday 18, the Supreme Court of Bangladesh is expected to decide the future of this agreement that last July 119 international companies to give...Dress Better With Conscious Fashion Brand, Ninety PercentNinety Percent is the London-based contemporary label that is totally wearable with their stylish laid back and super comfy vibe we all crave. And not...Creating a new economic zone for apparelThe signing of a Mem-orandum of Understanding (MOU) early last year between the BGMEA and the Bangladesh Economic Zones Authority (BEZA) was, quite rightly, much...Untreated industrial effluents spell doomA recent study by Bangladesh University of Engineering & Technology (BUET) paints a gloomy picture of the state of water bodies in the country. Unless...Bangladesh boosts Tk 1200cr annual local flower marketFlower growers and traders make huge money every year in February, the month that sees huge sales of flowers as people celebrate three major events–Pahela...https://www.themds.com/markets/less-margin-for-fashion-bangladesh-puts-more-pressure-on-the-giants-of-the-sector.htmlThe largest groups of fashion distribution face a complex scenario in the first links in the value chain, that is, supply. The wages increase in...Bangladeshi participation encouraged ahead of Techtextil and TexprocessBangladeshi visitors are being encouraged to take part in the Techtextil and Texprocess exhibition to be held May 14-17, 2019 in Frankfurt of Germany.Omer Salahuddin,...Surge in textile sector investmentTo meet the growing demand for fabrics and yarn, Bangladeshi investors made an investment of nearly Tk 7,000 crore in the primary textile sector, the...More policy support needed for pharma sector growthExperts on Saturday identified lack of skilled human resources, inadequate policy support and poor backward linkage industries as the key challenges for the growth of...Empowered women driving Bangladesh's development: envoyWomen in Bangladesh are driving its development journey in a big way, as the country's economic transformation is driven -- in large part -- by...Top Bangladesh trade lobby FBCCI goes to polls on Apr 27Announcing the date on Tuesday in a media release, FBCCI asked the aspirants to submit their nomination papers within Mar 25.The organisation will accept application...Dwindling rail sector performance worrisomeExperts have underscored the need for utilising the donor fund accordingly with a view to improving Bangladesh Railway (BR). Grant, donation and loan from international...FBCCI dialogue on power: High bank interest rate hindering investmentBoth the State Minister for Power, Energy and Mineral Resources Nasrul Hamid and FBCCI President Md Shafiul Islam Mohiuddin expressed concerns regarding the banking sectorFBCCI...Bangladesh sues Manila-based bank in NY over heistBangladesh's central bank has filed a lawsuit in a New York court against a Philippine bank, seeking damages and the return of $81 million stolen...Clarks Inn Group keen to help develop hospitality industryOfficials of the group announced their entry into the Bangladesh market at a press conference held in the Westin DhakaIndian hotel chain Clarks Inn Group...Bangladeshi mango granted GIA geographical indicator (GI) tag has been granted to the Khirsapat mango, popularly known as Himsagar, in a development expected to open up branding opportunities...Almost 5,000 Bangladeshi garment workers sacked over strikesNearly 5,000 low-paid Bangladeshi garment workers sewing clothes for global brands have been sacked by factory bosses for taking part in strikes over wages earlier...The Top 10 Stories of JanuaryIn less than a week, we will bid adieu to the first month of 2019. Time does fly. The unfortunate thing is that we seldom...The economy of the fairness industryIn a country where fairness equates to beauty, the fairness culture is one that drives the cosmetics industry. Fair & Lovely, Tibet Snow and Pond's...Update on BangladeshThe Bangladeshi cement industry has been busy over the last month. Both Vietnam and Iran have marked up the country as a major destination for...Hunger for profits drives exploitation of females in Bangladesh’s garment industryCheap labor is one of the strongest factors behind Bangladesh’s remarkable success in the global market for Ready Made Garments (RMG).The South Asian nation, once...Bangladesh cement industry to expand despite rise in raw material costsThe Bangladeshi cement industry is expanding its capacity despite increases in raw material costs. In 2017 the effective capacity of active plants stood at about...Unless addressed, wages issue will keep troubling Bangladesh’s garment industryThe recent week-long mass protests by garment workers in Bangladesh came to an end after an upward revision of wages for six classes of workers....33 Bhutanese coal trucks stopped from heading to BangladeshIndian Customs law disallowed 33 Bhutanese coal-laden trucks at Dawki integrated check post (ICP) in Meghalaya to transit to Bangladesh following a Supreme Court order...Nike teases Tuesday reveal of new iPhone-controlled self-lacing sneakersPosted on Twitter, the video shows various athletes reacting to the shoes as they lace up. One person can be seen using an iPhone 7...A harbinger of change?Bangladesh’s garments workers, many of whom are now highly skilled at their job, have been demanding an increase in their pay. Workers of numerous readymade...‘Cybersecurity is a big challenge for Bangladesh’s banking sectorIn an exclusive interview with the Dhaka Tribune's Mehedi Hasan, Bank Asia Ltd President and Managing Director Md Arfan Ali, talks about Bank Asia’s vision...Mohammad Lutfor Rahman: With regards to trade, India is clearly the greater influence on BangladeshBangladesh has seen a decade of good economic growth, in contrast to most of the global economy. This has lifted it from among the ranks...Bangladesh textile sector saw investment of Tk6,900 crore in last five yearsFrom 2014 to 2018,local entrepreneurs invested an average of Tk1,380 crore per year in the primary textile sector Bangladesh’s primary textile sector, a backward linkage industry...Acer launches Chromebook powered by AMDAcer expanded its award-winning line of 15.6-inch Chromebooks with its first AMD-based Chromebook, the Acer Chromebook 315. Powered by 7th Gen AMD A6-9220C or A4-9120C...I'm optimistic about the future of hospitality industry in BangladeshIn the hospitality industry, it's not the job that you do, but how you do it matters the most. Auparupa Ray, General Manager, Golden Tulip...