Archive / Economy - 2019
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The importance of building relationships in the apparel industryCustomers desire a connection with their manufacturing partnersThe building of meaningful relationships between manufacturers and customers is crucial for the longevity of Bangladesh’s RMG sector....2019: A good year for construction sectorBangladesh’s construction industry passed a relatively good year in 2019 riding on increased development activities and mega projects buoyed by a stable economy and rising...Bangladeshi migrants prefer Italy, France or the US, not IndiaBangladesh Foreign Minister A.K. Abdul Momen was in the news recently after he cancelled his three-day visit to India. Momen has been quite critical of...Shift focus to agro-based industry: BCIPresident of Bangladesh Chamber of Industries (BCI) Anwar-ul Alam Chowdhury Parvez yesterday underscored the need for focusing on agro-based industry to ensure sustainable economic growth...Starting upbeat, BD economy ends 2019 tankingBangladesh began 2019 with things looking up on the economic front coupled with political stability after vote, but concerns have blunted it at the end...BB set to give round on single-digit credit rateThe national bank is set to give a round on single-digit financing cost on modern credits subsequent to getting endorsement from its top managerial staff,...Bangladeshi expatriates mark Victory Day in UAEundreds of Bangladeshi expats marked the 49th Victory Day and remembered the martyrs of the 1971 Liberation War during an event held at Bangladesh Embassy...HSBC to award business excellenceThe Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh yesterday launched its first ever Business Excellence Awards to recognise the country’s businesses and entrepreneurs for...Telecom sector’s revenue to cross $5b by 2023The telecommunication industry’s revenue will grow by 34 percent in the next five years to $5.08 billion from $3.8 billion at present, on the back...Substantial mist ends ship benefits on Shimulia-Kathalbari courseShip activity on Shimulia-Kathalbari course stayed suspended since early Tuesday because of thick haze, making sufferings several travelers in the midst of shuddering virus.Shafik Ahmed,...Bottlenecks facing Bangladesh’s export sectorExport-led growth in Bangladesh has been largely fuelled by an abundant supply of low-cost labour and duty-free access to the EU and US markets. Although...Labour rights must for enabling business environmentBANGLADESH has been enjoying zero-duty benefit to the European Union under its Everything but Arms scheme since independence, but once it graduates to a middle...Woman entrepreneur ray of hope for Bangladesh garment industryEntrepreneur Ankiti Bose’s online fashion portal Zilingo has been the ray of hope for a number of small scale garment factories of Bangladesh as it...For the sustainable development of our apparel industryNelson Mandela, the revered political leader, philanthropist and president of South Africa, said that “Education is the most powerful weapon you can use to change...Dhaka shuts brick kilns to fight smog, leaving workers joblessExcavators flanked by Bangladesh riot police are at work demolishing illegal soot-belching brick kilns around the smog-choked capital Dhaka, forcing migrant labourers out of work...Bangladesh tears down brick kilns to fight toxic smogExcavators flanked by Bangladesh riot police are at work demolishing illegal soot-belching brick kilns around the smog-choked capital Dhaka, forcing migrant labourers out of work...Why RMG sector needs a change of mindsetAs the RMG industry in Bangladesh experiences its most challenging trading period for several years, the above words from the former US president are quite...Trial run of Indian ships using Bangladeshi ports to begin in JanuaryBangladesh, India also agree to provide cruise ship passengers with on-arrival visas India will soon have access to Bangladeshi ports for movements of its cargo ships...Don’t miss the technology trainWhen we look back at the recent achievements of the Bangladesh economy, there is a whole lot to be proud of, but our success in...Bangladeshi apparel workers exploited in JordanThe US imports readymade garments made in Jordan where factories reportedly exploit migrant apparel workers of Bangladesh.Jordanian apparel factories export apparels for the American and...Cement export from Bangladesh falls in 5MFY19-20Bangladesh's cement industry has earned an export revenue of US$4.08m during July-November 2019, compared to US$4.92m earned in same period last year. This translates a...Asia’s balancer, BangladeshRemember those expansive aphorisms, “Britannia rules the waves” and the “empire where the sun never sets”? Don’t they look odd against today’s restrictive “Brexit” mindset?...“The reduction of production cost will increase the prospects for export”What are the unique aspects of your company?We claim ourselves to be the experts of the tiles industry as our company has been dealing with...China says no ‘time limit’ on trade dealChina echoed comments from US President Donald Trump yesterday, saying there was no deadline for signing a US-China trade deal, as tensions spiked between the...Huawei moves to overturn 'unlawful' US subsidy banChinese telecoms giant Huawei said on Thursday it has petitioned a US court to overturn a ban that prevents carriers in rural America from buying...The Environmental Cost Of FashionSix years ago, an eight-story building collapsed in Bangladesh, killing 1,138 people working in garment factories.Since the tragic Rana Plaza factory collapse, Fashion Revolution has...Accelerating the growth of SMEs in rural BangladeshUNLEASH is a global innovation lab where young minds come together to transform their personal insights into ideas and build strong global networks around the...It is our ‘competitiveness‘ which is holding us backThere are two contrasting contexts as far as the competitiveness of Bangladesh economy is concerned. On the one hand, the economic growth rate in Bangladesh...New trading board approved for non-listed firmsThe securities regulator on Tuesday decided to allow non-listed firms, bonds and debentures for trading their shares under a new platform called Alternative Trading Board...Exhibiting the New Spirit in Bangladeshi ArchitectureFour exhibitions in four different locations of the world, with one in Bangladesh, demonstrate the new vibrancy propelling architectural production and thinking in Bangladesh. Bengal...Bolstering SME FoundationThe SME Foundation has been one of the noble efforts of the government in spreading employment and industrialisation around the country. Although a little behind...Project to enhance shrimp and fish health in BangladeshExperts at the University of Stirling are working with senior industry, government and scientific officials from Bangladesh in a bid to tackle a major issue...Bangladesh- Embassy of Oman celebrates 49th National Day in DhakaEmbassy of the Sultanate of Oman Dhaka celebrated the country's 49th National Day at a reception on November 25 held at Le Meridien Dhaka.Ta'eeb Salim...President asks CAs to ensure transparency in accountsPresident Abdul Hamid yesterday urged charted accountants to play a responsible role in ensuring transparency and accountability in the accounts of the public and private...Ceramics expo kicks off on Dec 5A three-day international ceramics exposition will begin in the city’s International Convention City Bashundhara on December 5.The Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) will...Jute to the rescueThere is no reason why jute-based products from Bangladesh cannot be a formidable presence in the world marketIt is wonderful to see that we are...'Ensure transparency in public, private sectors'The president formally announced the SAFA International Conference 2019 opening on SaturdayPresident Abdul Hamid has urged charted accountants to play a responsible role in ensuring...A great step for Digital BangladeshThe inauguration of the National Data Centre is a watershed moment for Bangladesh’s ICT sector, and brings us even closer towards realizing the government’s vision...Textile can turn a $300-bn industry by 2030: CII officialThe Indian textile industry can turn a $300-billion industry by 2030 and generate 35 million jobs, according to Hari Thiagarajan, Tamil Nadu council vice chairman...Tiger Energy agents visit BDAgent of Tiger Energy, an incredibly famous coal mining organization, visited Bangladesh being welcomed by nation's rumored coal shipper JHM Internation, says an official statement. Tiger...Economic indicators contradict GDP growth figure: economistBangladesh’s macroeconomic indicators are not in keeping with economic growth numbers of the government, which not only raises questions about the figures but also points...BIDA boss charms more ventures from UKBIDA Executive Chairman Md. Sirazul Islam has encouraged more ventures from UK, perhaps the greatest patron of FDI to Bangladesh. He was going to a morning...Bangladesh seeks assistance from Italy to develop leather industryBangladesh Ambassador to Italy Abdus Sobhan Sikder has sought technical assistance from the country for the development of the leather industry of Bangladesh.The ambassador also...Time to tap the blue economy opportunityDear readers, in October this year, I went to China to participate in China International Agricultural Machinery Exhibition (CIAME) 2019, held at Qingdao in Shangdong...NBR to get government forms until Dec 01The National Board of Revenue (NBR) will acknowledge personal assessment form for the expense year 2019-20 from singular citizens until December 1 (Sunday). The cutoff time...Invest in hospitality managementSalman F Rahman, the prime minister’s private industry and investment adviser, yesterday asked entrepreneurs of the Confederation of Asia-Pacific Chambers of Commerce and Industry’s (Cacci)...Bangladesh to assess impact of integrating renewables into gridWith renewable energy taking root in Bangladesh, the government’s Power Division has issued a request for expressions from interest from consultants to help it prepare...Yearly Banking Conference starts WednesdayA two-day Annual Banking Conference composed by Bangladesh Institute of Bank Management (BIBM) starts at BIBM from Wednesday. The BIBM Governing Body Chairman and Bangladesh Bank...ADB alerts against 13 issue venturesThe Asian Development Bank, or ADB, on Monday asked government organizations to actualize extends in time, which confronted hiccups in execution, authorities said. The Manila-based moneylender...T- Shirt printing business patternPresently a days, T-shirt become one of the most go-to decisions for all age and sexual orientation and giving the wearer with so much vitality,...Economic growth alone can’t ensure well-being of peopleEconomic growth alone cannot ensure well-being of the general mass, especially those living under the poverty line, economists said yesterday.The view came at the closing...Bangladesh at a crossroadsTaxation and representation will largely determine the success of our middle income aspirations At the heart of any democracy is the idea that a social contract...Conducive business climate key to double digit GDP growthBangladesh needs to improve its ranking in the World Bank’s Ease of Doing Business index in order to achieve double digit GDP growth in the...Job creation, decentralized dev key to economic transformationCommerce Minister Tipu Munshi was chief guest of the seminar chaired by BCI President Anwar-ul Alam ChowdhuryEmployment generation, geographic decentralization of economic activities, addressing income...Five steps to put the RMG sector back on trackRecent figures show the export of ready-made garments (RMG) from Bangladesh during the first four months of the current fiscal year (FY2019-20) fell by 6.67...Textile Talent Hunt 2019-20 propelled to set change blue print to beat current difficulties and investigate future chancesThe seventh period of Textile Talent Hunt, TTH 2019-20 has propelled on 24 November 2019 A present report indicated that around 39% of Bangladeshi RMG exporters...FUSO strengthens presence in Bangladesh with new 3S facility and expanded product offeringsMitsubishi Fuso Truck and Bus Corporation (MFTBC; headquarters: Kawasaki City, Kanagawa Prefecture; President and CEO Hartmut Schick), announces the inauguration of a new 3S facility...D Money Bangladesh Ltd gets eASIA Gold Award 2019The competition was held among Asian tech giants from 24 countries and companies/ projects had to be less than three years old to competeAdministrated by...Turkey, Bangladesh should shape new collaboration opportunitiesThe bilateral economic and commercial relations of Turkey and Bangladesh can be strengthened. The two countries have many opportunities to work together, hence should come...H&M underpins Bangladesh pieces of clothing digitized wage installment frameworkH&M Group has hailed the ongoing move by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to help the digitized pay installment arrangement of the...'Turkey, Bangladesh should form new cooperation fields'Turkish Culture and Tourism Minister has said Turkey and Bangladesh have opportunities, and the two countries should form new cooperation fields.The bilateral economic and commercial...Govt to give priority to expansion of SME sector: ShahriarState Minister for Foreign Affairs M Shahriar Alam on Wednesday said the government will give priority to further expansion of small and medium enterprise (SME)...Bangladesh among top 4 countries in digital economy growthBangladesh has ranked as one of the top four countries in terms of ‘improvement and remarkable growth’ in digital economy in the last four years,...Bangladesh now greatest cotton pant provider to the USBangladesh has outperformed China is providing cotton pants to its greatest fare advertise - the United States. As per Otexa information during the January-April 2019 period,...Are educational institutions failing the RMG industry?The Bangladesh ready-made garment (RMG) industry started its journey in 1978 and 41 years later, we are still heavily dependent on imported skills at the...60% attire laborers will lose positions to mechanization by 2030Around 60 percent article of clothing laborers will lose their positions in Bangladesh by 2030 when robots will supplant the laborers with the attack of...Maiden auto policy of Bangladesh in final stageImport substitution, FDI, regional market key focusThe Bangladeshi government is set to issue the country's first automobile policy that has focused on an import substitution...Bangladesh's forex reserves reach over 32 bln USD in OctoberBangladesh's foreign exchange reserves reached over 32 billion U.S. dollars by the end of October, central bank data showed on Monday.Bangladesh Bank (BB) data showed...PM seeks larger UAE investment in BangladeshPrime Minister Sheikh Hasina today sought both public and private investment from UAE in larger volume in potential sectors such as RMG, IT, agriculture and...Malaysia Readies New Deal for Bangladesh's Fleeced Migrant WorkersMalaysia is edging toward a new deal with Bangladesh to lift a ban imposed on migrant workers from Bangladesh more than a year ago over...China's thoughtful flying industry posts powerful developmentChina's thoughtful flying division detailed enduring extension just as nonstop high security principles in the initial 10 months of this current year, official information appeared. The...ADB Project to Improve Fiscal Management, Develop Capital Markets in ArmeniaThe Asian Development Bank (ADB) has approved a $40 million-equivalent policy-based loan attached to reforms that help strengthen fiscal sustainability and develop the financial and...Matlub reelected president of India-Bangladesh Chamber of Commerce and IndustryThe India-Bangladesh Chamber of Commerce and Industry has reelected Nitol Motors Ltd Chairman Abdul Matlub Ahmed as its president for 2019-2021.Shoeb Chowdhury, CEO of HSTC...A support to SME entrepreneursShoppers were very cheerful with a major discounts for wide range of products put on display at the ongoing ‘Development Fair’. Products displayed at the...Finland keen to invest in BangladeshFinland government officials came up with the remark during a seminar on “Doing Business with Finland” held at a hotel in Dhaka on SundayFinland has...Onion value begins falling; wholesalers get kickbackAs onion cost began falling with the administration's transition to import the produce and appearance of the privately created ones in the market, the wholesalers...Bangladesh needs to diversify products: H&MSwedish retail giant H&M is the largest apparel buyer in Bangladesh. Every year, it buys more than $3 billion worth of garment items from the...Singapore airlines Krisflyer spontaneous escape promotionSingapore Airlines KrisFlyer has just published their latest Spontaneous Escapes for December 2019, covering over 40 destinations. Redeem Krisflyer miles online from now till 30th...Inconvenient downpours hit India's mid year crops, postpone provincial economy recuperationOverwhelming downpours in October and November have carried more wretchedness to India's ranchers, after summer-planted yields, for example, soybean, cotton, rice and vegetables endured rain...Saudi Aramco plans to supply LNG to BangladeshReuters is reporting that Saudi Aramco plans to supply LNG to Bangladesh as part of a US$3 billion agreement signed in October.The deal, signed by...Bangladesh Can Boost its Exports with Better LogisticsTo meet the needs of its growing economy and to boost export growth, Bangladesh needs to improve its transport and logistics systems, says a new...Bangladesh’s growth necessitates trade diversification: MinisterCommerce Minister Tipu Munshi said Bangladesh’s continued economic growth necessitates diversification of trade, greater investment in infrastructure and energy sectors and upskilling of human resources...Embracing free market principles driving force behind economic success of Bangladesh, says officialThe success of Bangladesh as one of the fastest-growing economies in the Asia Pacific and in South Asia currently is the result of embracing free-market...Bangladesh secures top position in ship breakingThe ship breaking industry of Bangladesh has captured the global market by dismantling around 47.2% world vessels.A report titled ‘Review of Maritime Transport 2019’ published...Businesses expect robust growth next yearAs high as 97 percent of business enterprises in Bangladesh said they would expand their operations next year, buoyed by a strong economy and positive...SME loans via NGOsThe Bangladesh Bank will order banks to lend to small and medium enterprises through non-governmental organisations for a rapid growth of the SME sector, Governor...Participation jumps by 57% at Bangladesh Denim ExpoThe number of exhibitors jumped by more than 57% at the just concluded 11th edition of Bangladesh Denim Expo. A total of 99 exhibitors from...Bangladesh in the world of global businessBangladesh is the one of the fastest growing economies in the world currently and projections suggest that it will be the 28th and 23rd largest...Those shaming Amazon about Bangladeshi factories should be ashamed of themselvesIt’s difficult to muster a lot of sympathy for Amazon founder Jeff Bezos, reportedly the world’s richest individual, whose divorce this summer from his wife...39 % RMG exporters acknowledge costs underneath their creation costsAn exploration led by the Fair Wear Foundation (FWF) uncovered that separated from the danger of cut off business ties, the providers acknowledged work orders...Sanwo-Olu draws curtain on 2019 Lagos International Trade FairThe News Agency of Nigeria (NAN) reports that the 33rd Edition of the fair, which began on Nov. 1 at Tafawa Balewa Square, Lagos, had...Bangladesh Leather Sector Recovers From Two-Year SlumpDue to higher shipments to non-traditional markets, the export of leather and leather goods from Bangladesh has bounced back after more than two years of...Bangladesh Plans Debut Dollar Bond in Bid to Diversify EconomyBangladesh may enter international debt markets with a dollar-denominated sovereign bond next year, as South Asia’s fastest-growing economy seeks funding to expand beyond its key...EBL, Sarah Resort consent to arrangementVISA, Mastercard, Diners Club International, Discover and Union Pay International cardholders of Eastern Bank Limited (EBL) and some other banks would now be able to...Economy not gloomy, but challenges remain: DCCIThe current state of Bangladesh’s economy is not gloomy but it faces some major challenges such as rising bad loans, declining exports and stagnant private...Bangladesh to launch first taka bond on London bourse MondayThe government is floating the first taka bond worth around millions of dollars on London Stock Exchange on Monday.Backed by the World Bank Group’s private...Bangladesh booms in a sluggish world economyOngoing trade disputes between the United States and China have stymied global markets and shaken the established order.Projected economic growth in South Asia has fallen...ADB approves loan for Bangladesh power transmission expansion projectThe Asian Development Bank (ADB) has approved a loan of €271.84m ($300m) for the Dhaka and Western Zone Transmission Grid Expansion project in Bangladesh.In addition...Harvard school’s alumni team in town to explore Bangladesh economyAn alumni team from South Asia of Harvard Business School (HBS) yesterday met with the former presidents of the Metropolitan Chamber of Commerce and Industry,...Banks' resources for GDP proportion remains at 61.0 pc in FY19The nation's financial area resources for GDP (Gross Domestic Product) declined possibly in the past monetary year (FY19), as indicated by a report discharged by...Nation's post-graduation challenges stress specialistsBangladesh should address a couple of center arrangement difficulties to accomplish the upper-center salary nation status by 2031, financial experts said. The difficulties incorporate guaranteeing impartial...Six more EPZ products up for neighborhood dealThe legislature has permitted the clearance of six additional items, made at the fare handling zones (EPZ), in the neighborhood showcase by making good on...Bangladesh seen as climate threat by boosting coal relianceA Bangladeshi plan to burn more coal for power will worsen global warming in a nation already battered by climate crises from floods to cyclones,...Myanmar getting solid in worldwide attire businessMyanmar is coming up as a significant contender of Bangladesh in the worldwide attire markets. The nation has truly built up a great deal in...H&M expects to be atmosphere positive by 2040The H&M supervisor says 'natural advancement, sustainable power source, improved materials' are better ways than handle environmental change than a cut down on utilization. With the...Prime Minister Touts ‘Quiet Transformation’ of BangladeshMany see Bangladesh as a “market” of more than 30 million middle- and affluent-class people and a “development miracle.” To me, our strengths are the...Blue Economy: A new economic frontier of BangladeshThe ocean considered as a source of wealth for millennia, and conjoining to the economies around the world. There are many large cities and centers...Bangladesh gets more than one percent worldwide LNG in first yearBangladesh got more than one percent of absolute worldwide LNG generation in the initial a year subsequent to entering the LNG import commercial center as...Indo-Pacific business forum: Quality infrastructure underlined for sustained growthThe Indo-Pacific countries including Bangladesh requires quality infrastructure to support and sustain their dynamic economic growth while new investment in energy is essential as the...ICT’s impacts on Bangladesh’s economyMore than 120 companies export information and communications technology (ICT) products valued nearly $1 billion to 35 countries, in Bangladesh. By 2021, it’s predictable that...More than 50 RMG factories using digital solutions of Coats DigitalMore than 50 apparel factories in Bangladesh, including Epyllion, Pacific Jeans, Dekko Designs, Fakir Fashion and Ananta, are currently using digital solutions of Coats Digital,...Terrible advances taking toll on banks' benefit gainingBenefit of the nation's banks has declined by around 17 percent throughout the most recent 10 years, principally because of development in the volume of...Workshop on PPP in BangladeshOpen Private Partnership Authority of Prime Minister's Office as of late composed a workshop on PPP in Bangladesh at Planning Commission, Agargaon, Dhaka. An outline on...USAID study distinguishes BD's six promising divisions past RMGThe United States Agency for International Development (USAID) has recognized six promising segments which can assume a fundamental job to further lift the economy of...Expansion somewhat decreases in OctoberThe expansion rate diminished to 5.47 percent in October from 5.54 percent in the earlier month because of huge fall in costs of non-nourishment things...Garment and textile machinery imports saw an 11% fall in FY19Material and article of clothing apparatus imports declined by 11% to $1.42 billion in the last financial year, on account of stagnation in speculation. As indicated...Bank loans still elude small women entrepreneurs: studyWomen entrepreneurs, particularly small ones, continue to remain marginalised when it comes to getting loans from the financial sector despite various initiatives taken over the...PerkinElmer: For Safer, Healthier and Better TomorrowPerkinElmer, a global leader committed to innovating for a healthier world, pioneers scientific technologies for better detection, imaging, and informatics to help our customers make...Money for Leather: PM assures incentives for 5 yearsPrime Minister Sheikh Hasina yesterday said financial incentives in the leather sector would continue for at least the next five years to achieve the target...Personal expense reasonable for start November 14Like the earlier years, weeklong Income Tax Fair will start the nation over from November 14 meaning to broaden charge related administrations and bring issues...Onion costs close to untouched highThe costs of onion keep on taking off, as the key flavor was sold at Tk 110-135 a kg in various regions of the city...Yarn worth Tk 1,000 crore heaped up in distribution centerBangladesh's turning ventures and sub weaving division have been confronting a predicament as the vast majority of the plants are reeling under immense stores of...India struggles but Bangladesh's GDP rides high on manufacturing, export boomOne fine day India woke up to the realisation that Bangladesh had overtaken it in GDP growth rate when the Asian Development Bank (ADB) updated...Agribusiness not any more overwhelming nation's populaceAgribusiness is not any more overwhelming the nation as rancher families contain just 47 percent of its all-out family units, another administration statistics says. The data...Germany May Encourage Automakers to Invest in BangladeshThe German government indicates it could encourage its luxury automakers to establish plants in Bangladesh, especially if the south Asian country invests in its energy,...Bangladesh exports robust: World BankBangladesh economy has been able to sustain strong growth in 2019-20, primarily due to rising exports and record remittances.This was stated in a new World...Bangladeshi scientists plan to turn waste into eco-friendly hydrogen fuelBangladesh is exploring ways to transform over 227 million tonnes of annual waste into environmentally friendly hydrogen fuel in a bid to ease the government's...11th Bangladesh Denim Expo to focus on responsibilityThe eleventh edition of Bangladesh Denim Expo, an international exposition to promote Bangladeshi denim goods, will focus on driving the country’s denim industry towards the...Economy threatened as influentials control bank decisionsThe tendency not to return bank loans is deeply rooted among a certain group of people of Bangladesh. Wealthy, influential and well-connected businessmen feel no...Tough times for the apparel industry: BGMEA presidentFifty-nine garment factories have been shut and 25,900 workers have lost jobs in the last seven months, BGMEA President Rubana Huq said.“Most of them were...Extreme occasions for the attire business: BGMEA presidentFifty-nine piece of clothing manufacturing plants have been closed and 25,900 laborers have lost positions over the most recent seven months, BGMEA President Rubana Huq...More government support sought for SME sectorThe workshop was organized by the Poverty Reduction through Inclusive and Sustainable Markets (PRISM) project funded by EUThe government should put more emphasis on the...NY State senators keen to boost investment in BangladeshThe visiting senators of the New York State Senate yesterday expressed deep interest for enhancing socio-economic cooperation, trade and investment in Bangladesh.The delegation, led by...Bangladesh’s textile industry works towards becoming more eco-friendlyMore than 100 garment factories in Bangladesh have recently received the "green building" certificate from the United States Green Building Council (USGBC), an NGO that...Telenor, Axiata end chats on the merger of Asian tasksTelenor Group and Axiata Group Bhd have commonly consented to end discourses to combine their Asia tasks to increase a greater a dependable balance in...Is it accurate to say that we are Destroying Something Permanently for Temporary Benefits?Material industry is considered as one of the most risky businesses on the planet. An investigation of BUET group drove by Mohidus Samad Khan (Faculty...Bangladesh garment workers face menstruation taboosBangladesh is the second biggest source of textiles for the global clothing market after China. Bangladesh's clothing industry employs about 4 million workers, more than...Iran, Bangladesh to Launch Direct Flight Soon: EnvoySpeaking at a meeting with deputy governor of the central province of Isfahan, Sarker said Bangladeshi leaders and high-ranking officials have special respect for Iran’s...WISTA International Welcomes WISTA BangladeshThe Women’s International Shipping & Trading Association (WISTA) International welcomes Bangladesh to the global network of women in shipping. WISTA Bangladesh joins as the 48th...ACWA Power commits to 3.6 GW gas-to-power plant in BangladeshACWA Power has announced the signing of a Memorandum of Understanding with the Bangladesh Power Development Board (BPDB) for a LNG-based power plant and terminal...Handloom products fair begins in Dhaka tomorrowA four-day fair on handloom products titled Heritage Handloom Festival 2019 will start tomorrow in the capital’s Gardenia Hall. SME Foundation and the Association of Fashion...Bangladesh hosts parallel sustainability conferencesThe Bangladesh Denim Expo and Sustainable Apparel Forum (SAF) will return next month between the 5-6th, with a focus on sustainability and responsible manufacturing techniques.Held...Saudi energy giant to invest $3bn in Bangladesh’s power sectorSaudi Arabia’s energy giant, ACWA power, will set up an LNG-based 3,600 MW plant in Bangladesh after an agreement was signed in Dhaka on Thursday.The...Singapore's assembling yield rises 0.1pc in SeptSingapore Economic Development Board said on Friday that the nation's assembling yield became 0.1 percent year-on-year in September, contrasted with an overhauled 6.4 percent decline...We need both traditional and new solutions to fight povertyBangladesh has done remarkably well in reducing poverty and improving living conditions. The country halved poverty rates in a decade and a half, lifting more...The new challenges for our NGOsBecause of the decline in donor financed projects, opportunities for NGOs are dwindling gradually. In the present day context NGOs should play multi-dimensional roles instead...NBR aims to cut export-import process completion time to 1-2 days in 3yrsThe National Board of Revenue has set a target of reducing the time for completing import procedures to two days and that for export procedures...Textile industry asks Govt to ban import of used clothes from China, Bangladesh and IndonesiaThe committee has also sought adequate safeguard measures on imports of fibres, yarns, fabrics and readymade garmentsThe newly formed National Committee on Textiles and Clothing...Remote guide getting costlier for BangladeshBangladesh's remote guide taking is getting to be pricier, as three key benefactors have improved their loan costs and administration charges from this financial year...Lululemon Faces Troubling Allegations From Bangladeshi WorkersLululemon (NASDAQ:LULU) was recently hit by allegations of worker abuse at one of its suppliers' factories in Bangladesh. The Guardian interviewed several female workers at...