Bangladesh to become 20th largest economy by 2038
Bangladesh is set to become the world's 20th largest economy by 2038 owing to continued economic growth, according to a forecast by the London-based Centre for Economics and Business Research (CEBR) on Wednesday.
29 December 2023, 01:30 AM
Bangladesh not using Uyghur items: BGMEA
There is no chance of Bangladeshi garment factories using materials like cotton, yarn and fabrics produced in China’s Xinjiang region, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), yesterday.
29 December 2023, 00:15 AM
Govt ponders running industries on LPG
The government has formed a panel to frame a policy by identifying the potentials and challenges of use of liquefied petroleum gas (LPG) in the industrial sector.
11 December 2023, 00:15 AM
RMG shipment to the USA fell 24.75% in Jan-Oct
Garment export to the US fell 24.75 percent year-on-year to $6.35 billion in January-October this year
8 December 2023, 00:15 AM
Dialogue with diplomats on labour rights postponed
The commerce ministry yesterday informed of having postponed its upcoming meeting on the latest labour rights reforms with five diplomats “for the Christmas holiday”.
6 December 2023, 00:20 AM
Govt likely to retreat from its quest for higher growth
government is likely to lower its economic growth target by one percentage point for the fiscal year ending in June
6 December 2023, 00:15 AM
Bangladesh to discuss labour rights today
The government is going to hold a dialogue today on the latest labour rights situation as both the US and the European Union (EU), two major export destinations, are putting pressure for implementing commitments made in a National Action Plan (NAP).
4 December 2023, 00:40 AM
Demand for Tk 70cr arrears: Garment workers stage sit-in before Srama Bhaban
Nearly 1,000 workers of Dird Composite Textiles Ltd staged a sit-in in front of the Department for Inspection of Factories and Establishments (Dife) and the Department of Labour (DoL) yesterday, demanding arrears amounting to nearly Tk 70 crore.
3 December 2023, 19:01 PM
Next BGMEA election likely on March 9
The elections to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the platform for apparel manufacturers and exporters, is going to be held in March next year to elect the leadership for 2024-26.
3 December 2023, 18:00 PM
Strong rebound expected in apparel shipment to US
Festive season sales signalling a strong rebound in apparel shipment from Bangladesh
3 December 2023, 00:05 AM
Labour Issues: Govt, businesses play down prospects of US trade penalties
The government and business leaders have played down the significance of the diplomatic note from the Bangladesh embassy in Washington DC to the commerce ministry about possible measures like trade penalties and visa restrictions over labour issues.
29 November 2023, 18:00 PM
168 out of 200 review prayers are from owners
Out of more than 200 applications seeking a review of the recently declared wage structure for garment workers, 168 came from factory owners
23 November 2023, 00:00 AM
Exporters worried, unions urge improvements
Business leaders and apparel exporters are worried over a recent US statement on Bangladesh’s labour rights situation while union leaders and trade analysts suggested bringing improvements to avert trade sanctions.
19 November 2023, 18:20 PM
Cepa talks with India may not begin this year
Still quite some time to go for the signing of Comprehensive Economic Partnership Agreement (Cepa) between India and Bangladesh
19 November 2023, 00:30 AM
'Political peace vital for business'
MCCI president outlines peace as vital for business activities.
19 November 2023, 00:15 AM
Govt officials to discuss Blinken's statement
Bangladesh is already in the process of improving the labour rights situation and top bureaucrats will discuss a recent US statement on the issue, said a top commerce ministry official yesterday.
18 November 2023, 23:45 PM
Buyers ready to pay more for value-added garments
International clothing retailers and brands have suggested that local garment suppliers produce more value-added garment items for better prices as work orders may rebound after the general election of the country next year.
16 November 2023, 00:00 AM
Amended labour law not worker-friendly
A group of labour leaders of Bangladesh yesterday complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.
15 November 2023, 00:00 AM
Amended labour law not worker-friendly
A group of labour leaders of Bangladesh today complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.
14 November 2023, 16:56 PM
RMG work orders may rebound next season
There could be a strong rebound in the inflow of work orders for garment items from international retailers and brands in the coming seasons as the global economy is slowly making improvements from sluggish trends while the country could witness stability, buyers said.
9 November 2023, 01:07 AM