Microsoft empowers Transcom Group’s digital transformation journey

Transcom Group, a business conglomerate in Bangladesh, has joined hands with Microsoft and cloud solution partner Elevate Solutions Ltd to accelerate its digitalisation across all business operations. .Arif-Uz-Zaman, head of technology at Transcom Group; Md Yousup Faruqu, country managing
18 November 2023, 11:46 AM

'Stop arrests of workers, revise minimum wage'

Bangladesh Garment Sramik Sanghati, a RMG workers' platform, today held a rally in front of Jatiya Press Club demanding a review of the declared wage of Tk 12,500 along with an end to the arrests of workers agitating for fair wages
17 November 2023, 15:35 PM

Stone crushers left uncared for

Although stone crushers help provide a key raw material for construction in Bangladesh, these workers have long been overlooked when it comes to ensuring fair wages and suitable working conditions, according to industry people.
17 November 2023, 01:00 AM

Can Bangladesh exploit its under-utilised workforce?

Forhad Hossain has been looking for a permanent job since earning his master’s in management degree from Abdullah Al Mahmud Degree College in Sirajganj in 2019.
17 November 2023, 00:30 AM

Shipping Corporation to add 18 new ships to fleet

Aiming to enhance its capacity in transporting seaborne cargo, the state-owned Bangladesh Shipping Corporation (BSC) has taken an initiative to add a total of 18 new ships to its fleet in a short period.
16 November 2023, 18:02 PM

Renewables the cheapest long-term option for Bangladesh

Renewable energy is going to be the cheapest option for Bangladesh to meet growing electricity demand in the long term, the Centre for Policy Dialogue (CPD) said, citing a Bloomberg report.
16 November 2023, 18:00 PM

ILO calls for transparency in fixing RMG wages

The International Labour Organization (ILO) has underscored the necessity of adopting a minimum wage determination process for Bangladesh’s garment sector founded on transparency, fairness and evidence to ensure a decent living wage for the workers.
16 November 2023, 15:11 PM

Blockade dents income of ride-hailing drivers, rickshaw pullers

Mohammad Alauddin, who drives a CNG-run three-wheeler on hire for a living, had waited to no avail for passengers at Pallabi of Dhaka yesterday during the usual peak hours from 10:00am to 12:27pm.
16 November 2023, 00:15 AM

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

LGD still leads in ADP spending ahead of polls

The local government division (LGD) accounted for 21 percent of the total expenditure among 58 ministries and divisions in the first four months of the current fiscal year (FY) ahead of the upcoming national elections, scheduled to be held on January 7 next year.
16 November 2023, 00:00 AM

Delay brokerage regulations till June

The DSE Brokers Association of Bangladesh (DBA) has urged the government to put the formulation of a Stock Dealer, Stock Broker and Authorized Representative Regulations, 2023 on hold until June next year.
15 November 2023, 18:00 PM

$100 million RMG work orders postponed for unrest: BGMEA

The damage took place in the last three weeks
15 November 2023, 16:18 PM

Lentils, soybean oil being purchased for OMS

50 lakh litres of soybean oil, 27,000 tonnes of lentils will be bought
15 November 2023, 15:21 PM

Summit buys 2,000 towers from Banglalink for Tk 1,100cr

The two have already signed a $100 million deal
15 November 2023, 14:52 PM

Banks rebuked for negligence to money loan cases

The central bank issues a directive on Money Loan Court today
15 November 2023, 14:23 PM

ADP spending from govt’s fund increases ahead of elections

The government’s spending from its own purse rose in the first four months of the current fiscal year while the use of the funds from the foreign aid portion of the budget fell.
15 November 2023, 10:30 AM

Square Pharma posts Tk 600 crore profit in July-September

Square Pharmaceuticals PLC registered a 9 percent year-on-year growth in profit to Tk 600 crore in July-September this year.
15 November 2023, 06:55 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

State banks’ Tk 1,600cr stuck in ailing NBFIs

Deposits of Tk 1,600 crore of four state-run commercial banks —Sonali, Rupali, Agrani, and Janata — have been stuck in several weak non-bank financial institutions (NBFIs) as the latter have repeatedly failed to repay despite maturity owing to a persisting liquidity crisis.
15 November 2023, 00:00 AM

Hatcheries fall on hard times amid rising costs

Although Chanchra union in Jashore is the biggest source of fish fry in Bangladesh, local hatcheries are struggling in face of higher input costs and changing climate conditions, according to industry people.
15 November 2023, 00:00 AM