Finance News: Latest Financial News, Finance News today in Bangladesh

Impact of automation in apparel sector

The latest development in the readymade garment (RMG) factories of the country, courtesy of limited automation, has sent mixed signal to all concerned. Particularly, the workers are alarmed, for it means loss of their livelihood. Already close to 31 per cent workers, mostly helpers, in the production process of the...

Focusing innovation of eco-friendly packaging materials

With growing governmental interest in replacing polythene with biodegradable alternatives, fostering innovations in eco-friendly packaging has become imperative. Reports suggest that private researchers, particularly students, are actively exploring alternatives to polythene. While jute sacks and bags are often cited as viable substitutes, innovations targeting other materials could yield promising results....

Automation but no wastage of human capital

It is indeed a good development that the country's labour-intensive apparel industry is advancing along the path of automation to accelerate the production process and reduce the cost of production. Automation has gained greater importance for Bangladesh when its competitors such as China and Vietnam are far ahead in the...

Aligning HR practices with corporation aims

Strategic Human Resource Management (SHRM) is a dynamic approach that integrates human resource practices with a corporation's overarching goals. In today's competitive landscape, aligning HR strategies with business objectives ensures that a corporation not only survives but thrives.At its core, SHRM focuses on maximising workforce capabilities to meet corporate needs....

Misinformation and deepening divides

Bangladesh is currently facing heightened communal tensions, aggravated by waves of misinformation spreading across borders. Political unrest in the country has been exploited by false narratives, especially in Indian media, to portray exaggerated claims of violence against the Hindu minority. This misinformation is not only deepening divisions between the Hindus...