Apparel industry tops social audit even amid a global decline

The Bangladeshi readymade garment industry continues to undergo the highest average number of social audits, which assess labour and human rights risks, even as audits have declined in other surveyed countries including China, Vietnam, Turkey and India, according to a report by the International Trade Center (ITC).The report said excessive...

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HSBC looks to double UK wealth business as banks target 'mass affluent'

LONDON, Aug 24 (Reuters): HSBC aims to double the assets under management in its British wealth business to 100 billion pounds ($131 billion) in the next five years, the division's head told Reuters, joining rivals in targeting more fee income from the UK's 'mass affluent'.The lender aims to become a...

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REB, PDB and BERC get new chairmen

The Rural Electrification Board, the Power Development Board and the Bangladesh Energy Regulatory Commission are receiving new chairmen amid a widespread reshuffle in the administration, reports bdnews24.com.Maj Gen SM Zia-ul-Azim was appointed as the chairman of the Bangladesh REB in a notice from the Ministry of Public Administration on Thursday.The...

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NBR unfreezes bank accounts of Abdul Awal Mintoo

The National Board of Revenue (NBR) has instructed banks to unfreeze the accounts of Abdul Awal Mintoo, a noted businessman and vice-chairman of the Bangladesh Nationalist Party (BNP), along with his spouse and son after keeping the accounts blocked for 17 years, reports BSS.The Central Intelligence Cell (CIC) of the...

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