The official review panel has asked the owners of seven garment factories operating in three buildings in Chattogram to close down immediately, as they were found risky for workers. These factories were inspected under a national initiative taken after Rana Plaza tragedy. The panel is headed by the inspector general...
Read moreJapanese companies consider the cheapest wage a most competitive feature for continuing business in Bangladesh among 20 Asian countries and two regions though the country's rate of year-to-year wage increase is higher than three other countries.A JETRO survey on business scenario of Japanese companies, however, found that the country's position...
Read moreThe state-owned Trading Corporation of Bangladesh (TCB) will start selling commodities at subsidised rates across the country on April 22 on the occasion of holy Ramadan beginning next month, reports BSS."The TCB is likely to start selling commodities across the country, including the capital, for Ramadan on April 22 at...
Read moreThe Dhaka Chamber of Commerce and Industry (DCCI) has placed a set of demands, including establishment of an SME bank to help boost the country's small and medium enterprises (SME).The chamber also called for imposing higher tariffs on imported SME goods and reducing electricity tariff and taxes for the local...
Read moreThe government will encourage foreign direct investment (FDI) in the country's textile sector, Textiles and Jute Minister Golam Dastagir Gazi said on Monday, according to a statement."The government has been taking (over) the textiles mills from their private entrepreneurs as the latter breached the key terms and conditions of privatisation,"...
Read moreJOHANNESBURG, April 01 (Reuters): Ratings agency Moody's said it would not publish a review of South Africa's debt rating as indicatively scheduled, without giving a reason for the delay or the next scheduled release date.In accordance with European Union regulations, Moody's provides dates for the potential release of both solicited...
Read moreThe Annual General Meeting (AGM)-2019 of Janata Exchange Company (JEC) Srl, Italy (a wholly owned subsidiary of Janata Bank Limited) was held at its Rome Office in Italy recently, according to a press release. Chairman of JEC and CEO and Managing Director of Janata Bank Limited Md Abdus Salam Azad...
Read moreNEW DELHI, Apr 01 (Reuters): Johnson & Johnson's baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to a public notice from the state's drugs watchdog, findings that were rejected by the US drugmaker.This comes just a few months after Indian authorities launched an...
Read moreBRUSSELS, Apr 01 (AFP): Inflation in the eurozone slowed in March, data showed on Monday, amid worries that the European economy is cooling as the effects of Brexit finally take a toll.The slowdown of inflation comes as signs are multiplying of slower economic growth, especially in powerhouse Germany and the...
Read moreUnion Bank steps into seventh yearThe Union Bank Limited stepped into its seventh year on Monday. On the occasion, a celebration programme was held at its head office at Gulshan-1, Dhaka. Omar Farooque, Managing Director of the Union Bank, inaugurated the programme by cutting a cake. Among others, Advisor of...
Read moreOmar Farooque, Managing Director of the Union Bank, along with other officials cutting a cake at its head office in the city in celebration of the bank stepping into its seventh year on Monday
Read moreMd Ahsan-uz Zaman, Managing Director and CEO of the Midland Bank Limited, inaugurating an agent banking centre at Tawariganj Bazar in Laxmipur as the chief guest recently
Read moreACI Consumer Brands has launched 'Freedom Antibacterial Intimate Wash' and 'Freedom Hair Removal Cream' at a grand event at the ACI centre in the city recently. Syed Alamgir, Managing Director of ACI Consumer Brands, and other officials seen at the programme
Read moreManaging Director & CEO of Standard Bank Ltd Mamun-Ur-Rashid, Director & Professor of Hitotsubashi University of Tokyo, Japan, Seiichiro Yonekura, CEO of Global Education Japan Mioa Kayto and business entrepreneur, social activist and sponsor of Yonekura scholarship Mohammad Abbas Uddin in a photo session with others at 'Professor Yonekura' Scholarship...
Read moreManaging Director and CEO of Guardian Life Insurance Ltd M M Monirul Alam, Head of Marketing and Communication Rubayat Saleheen, Director David Griffiths and Chief Operating Officer Shamim Ahmed posing with others at a prize-giving ceremony of the insurance company at its head office in the city recently. Attractive mega...
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