Home » Archives by category » Economy (Page 259)

L-R: Photo shows a fire that breaks out at a RMG factory in Ashulia Saturday, leaving 111 people dead and the portion of damaged flyover that collapses on same day in Ctg, claiming the lives of at least 12 people. Pubali Bank Limited donated Tk 2 crore to the Prime Minister’s Relief Fund to help […]

Continue reading …

The government has decided to procure Aman rice at a rate of Tk 26 per Kilogram (Kg) after considering all aspects of the production cost and market price, food minister Abdur Razzak said on Sunday. He said the government has set a target of procuring three lakh metric tons (MT) Aman rice. Abdur Razzak was […]

Continue reading …

Abdur Rahim Harmachi Chief Economics Correspondent The foreign aid received by Bangladesh has nearly trebled, to USD 334.69 million, in the first three months of the current fiscal as compared to the same period last year. An expert believes the boost in the flow of foreign aid is an outcome of the government’s alertness over […]

Continue reading …

US Secretary of Labour Hilda L Solis on Friday assured that her department was ready to help Bangladesh with technical assistance and expertise in the readymade garment sector. “The US Department of Labor stands ready to help, with technical assistance and expertise, to work with the government of Bangladesh to ensure that this horrific tragedy […]

Continue reading …

Twelve out of 47 banks in the country held 72 per cent of classified loan or default loan of the banking sector as on September 31 of this year as they disbursed significant amount of loans unlawfully to the clients, said Bangladesh Bank officials.   According to the latest BB data, the classified loans in […]

Continue reading …

Garment owners promise to bear expenses of fire victims’ families for 10 years It took four days for the trade body of garment makers to take a mere decision to form a taskforce that will give the factory owners a deadline to upgrade their fire safety measures. The BGMEA still does not know when the […]

Continue reading …

WB external panel due on Dec 1 In this October 14 photo, the World Bank country director along with a three-member external panel of the global lender leaves the Anti-Corruption Commission office. The external panel of internationally-recognised experts which is scheduled to come on December 1 will advise the global financer and co-financiers of Padma […]

Continue reading …

Cuts ties US global retailer Walmart yesterday said Tazreen Fashions, the garment factory where a fire killed at least 111 people, had been making clothes for the reta Buy cialis lowest price iler without its knowledge. But the website of Tuba Group, a major Bangladeshi garment exporter that owns Tazreen Fashions, shows Walmart on the […]

Continue reading …

This November 25 photo shows fire service men tried to extinguish the blaze at Tazreen Fashions Ltd at Nishchintapur on the capital’s outskirts Ashulia.  The garment factory in Bangladesh where a weekend fire killed at least 112 people had been making clothes for Wal-Mart without the giant US retailer’s knowledge, Wal-Mart said. Wal-Mart said the […]

Continue reading …

A Dhaka Court on Tuesday ordered the Anti-Corruption Commission to confiscate all the movable and immovable properties of Destiny Group. Destiny Group Chairman Mohammad Rafiqul Amin, his wife Farah Diba, Destiny 2000 Limited Chairman Mohammad Hossain and all the associate organisation of group including its Tree Plantation Project will come under the order. Judge Mohammad […]

Continue reading …

3 deals signed; recruitment to start next year Kuala Lumpur on Monday signed a memorandum of understanding (MoU) with Dhaka on recruitment of Bangladeshi workers to Malaysia lifting a nearly four-year ban on the manpower recruitment. The MoU was signed by Malaysian government’s Human Resource Minister Datuk Dr S Subramaniam and Bangladesh Expatriates’ Welfare and […]

Continue reading …

Clean sweep for govt-backed panel Standard Bank Ltd Chairman Kazi Akramuddin Ahmed-led panel recorded a landslide victory at the biennial election of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) early Sunday, grabbing 20 posts out of 30. The government-backed panel claimed 11 posts out of 15 from the chamber group and nine […]

Continue reading …