Investors should increase their leverage on goals and strategies of global brands to ensure that workers in Bangladesh ready-made garment (RMG) factories get living wages, a latest report opined. According to it, on an average, prices paid to suppliers have dropped by 13 per cent, and lead times for production...
Read moreMahindra & Mahindra, a part of the $20.70-billion Mahindra Group, is planning to further expand its business in Bangladesh.The Indian multinational automaker has an ambitious goal to expand its global footprint and Bangladesh is a key part of this growth strategy.Mahindra has been operating in Bangladesh for the past 25...
Read moreSpeakers at a seminar have laid emphasis on the formulation of "entrepreneurship policy" to ensure employment and financial solvency of the country's huge number of young people, reports BSS.If the government makes an inclusive plan, Bangladesh would again lead the journey of attaining the sustainable development goals (SDGs) what it...
Read moreIndia has redesigned a navigation lock at Farakka barrage over the Ganges to ensure smooth and safe migration of hilsa during the three-month spawning season, reports UNB.It will ensure hilsas' journey up to Allahabad down the Ganges from this monsoon after a gap of over 40 years, according to the...
Read moreChittagong City Corporation Mayor AJM Nasir Uddin said recently the opening of the Philippines visa centre in the port city would embolden the ties between the two countries.He was speaking as the chief guest at the opening ceremony of the visa centre at a hotel in the port city.Honorary Consul...
Read moreISLAMABAD, Feb 10 (Reuters): Pakistani Prime Minister Imran Khan will meet International Monetary Fund (IMF) chief Christine Lagarde in Dubai today for talks on issues which have held up bailout negotiations, a Pakistani minister said.Pakistan is seeking its 13th bailout since the late 1980s to deal with a current account...
Read moreWASHINGTON, Feb 10 (AFP): The US trade deficit in November receded from a 10-year high in the prior month, as imports fell by more than exports, according to a report that had been delayed by the government shutdown.However, the trade gap is more than 10 per cent higher for the...
Read moreGENEVA, Feb 10 (Reuters): South Korea can impose annual trade sanctions of $84.81 million on the United States after challenging US anti-dumping and anti-subsidy tariffs on washing machines, a World Trade Organization arbitration panel ruled on Friday.The sum was much less than the $711 million that South Korea had asked...
Read moreDUBAI, Feb 10 (AFP): A record investment package being prepared by Saudi Arabia for Pakistan will likely provide welcome relief for its cash-strapped Muslim ally, while also addressing regional geopolitical challenges, analysts say.At the heart of the investment is a reported $10 billion refinery and oil complex in the strategic...
Read moreWASHINGTON, Feb 10 (AFP): With a March 1 deadline fast approaching, US and Chinese officials resume negotiations next week to prevent escalation of a trade dispute that has major implications for the global economy.China's economy already has shown signs of slowing, while the trade war has shaken the confidence of...
Read moreBERLIN, Feb 10 (Reuters): German industrial output unexpectedly fell in December for the fourth consecutive month, data showed on Thursday, sending another signal that growth in Europe's biggest economy is weakening.Data from the Federal Statistics Office showed industrial output was down by 0.4 per cent, confounding a Reuters forecast for...
Read moreCommerce Minister Tipu Munshi handing over the best premier pavilion prize of Dhaka International Trade Fair 2019 to Islami Bank Bangladesh Limited Deputy Managing Director Abu Reza Md. Yeahia at a ceremony in the capital on Saturday as the bank set up an eye-catching pavilion at the fair venue. Chairman...
Read moreShahjalal Islami Bank Limited Vice-Chairman Mohammed Golam Quddus, Managing Director and CEO M Shahidul Islam, senior executives, businessmen and local elite formally inaugurating the bank's relocated Chawkbazar Branch at Ridma Tower of Kapasgola Road, Chawkbazar in Chattogram on Sunday
Read moreCEO of Partex Star Group (Complex-1) Quazi Mohammad Shahed and Professor of BUET Dr Mohammad Maksud Helali jointly inaugurating a Partex Furniture showroom at Jasimuddin Road, Uttara in the city recently
Read moreDeputy Managing Director of First Security Islami Bank Ltd Md. Mustafa Khair posing with others at the inauguration of the 29th Foundation Course of FSIBL trainee assistant cash officers at FSIBL Training Institute in the city on Sunday with Principal of the training institute Md. Ataur Rahman present
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