The majority of labour unrest that took place in 2017 was over the payment of wages arrears with highest number of such incidents in the apparel sector, according to a new survey.The survey released Monday by the Bangladesh Institute of Labour Studies showed that a total of 181 labour unrests...
Read moreA two-day 'Bangladesh Denim Expo' will kick off in the city on May 9, focusing on equality in the supply chain to develop a better working relationship. The purpose of the theme 'equality' is to mobilise the stakeholders, especially global brands and retailers, local manufacturers, governments and development partners, to...
Read moreThe level of pollution jumps by 12 per cent if the industry increases only one per cent as the production process is not sustainable or environment-friendly despite the fact that 74 development activities take place through the private sector, experts said at a discussion on Monday.They also said degradation of...
Read moreThe parliamentary standing committee on tourism ministry on Monday suggested Biman Bangladesh Airlines to sell tickets for Hajj pilgrims upon full payment by the travel agencies concerned to ensure the pilgrims' smooth journey.The Jatiya Sangsad (JS) body also advised Biman to go for automation of its ticket selling on both...
Read moreThe land acquisition process to set up Araihazar Economic Zone (AEZ) in Narayanganj district is now at the final stage, an official said."We are working on it. We hope we will be able to finalise the land acquisition process for Araihazar Economic Zone shortly," General Manager Investment Promotion of Bangladesh...
Read moreKona Software Limited recently signed an agreement with Guardian Life Insurance Limited to ensure insurance for the employees of the company along with their family members. The deal was signed at a ceremony held at Gulshan Police Plaza in the capital.The benefits under this life insurance policy will include insurance...
Read moreBangla Trac adds 200MW power to nat'l grid Bangla Trac has started supply of electricity from its 200 MW power plant in Daudkandi of Cumilla. According to the company, the 200 MW Bangla Trac Power Unit-1 at Daudkandi was commissioned on April 24 and commenced the supply of electricity to...
Read moreManaging Director of EXIM Bank Dr. Mohammed Haider Ali Miah receiving the Financial Branding Award from Minister for Expatriates' Welfare and Overseas Employment Nurul Islam at a function at a city hotel recently
Read moreLONDON, Apr 30 (Reuters): Sainsbury's and Asda, the UK arm of Walmart, confirmed on Monday they had agreed a 13.3 billion pounds (US $18.33 billion) merger to create Britain's biggest supermarket group by market share, surpassing current leader Tesco.
Read moreParticipants posing for photograph at the Bangladesh Agro Processors' Association roundtable on ‘Roadmap for Promoting Food Processing in Bangladesh’ which was held in the city Monday — FE photo
Read moreChairman of the Pragati Insurance Ltd Syed M Altaf Hussain presiding over the 266th meeting of the Board of Directors at the company's head office on Monday attended by former Chairman Abdul Awal Mintoo, directors Nahreen Siddiqua, Nasir Latif, Tabith Mohd Awal and Managing Director Md Rezaul Karim and other...
Read moreBERLIN, Apr 30 (Reuters): Germany on Monday dampened hopes that an exemption from U.S. tariffs on steel and aluminium could be extended for European Union countries, but called for trade negotiations to continue regardless of whether the levies are applied.The United States imposed import tariffs of 25 per cent on...
Read moreBANDAR SERI BEGAWAN, Apr 30 (Xinhua): Brunei's economy posted a positive 1.3 per cent growth in the year of 2017, backed by rebounding international energy prices compared with negative growth in 2016. According to the latest statistics released by the country's Department of Economic Planning and Development at the Prime...
Read moreSINGAPORE, Apr 30: In a report looking at financial services regulations across the Asia Pacific (APAC) region, Singapore and Hong Kong have come up on top as having the most favourable policies for cloud adoption, says a Media OutReach release.Cloud computing technology is redefining the way financial services institutions (FSIs)...
Read moreLONDON, Apr 30 (AFP): Britain's second and third biggest supermarket chains Sainsbury's and Walmart-owned Asda have agreed to merge, the pair said Monday, creating a 13-billion pound ($18-billion, 15-billion-euro) retail king that would leapfrog Tesco. The blockbuster deal comes as the UK retail sector faces squeezed profit margins due to...
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