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Investment summits alone won’t help without improving investment climate
Investment summit

Economics

Investment summits alone won’t help without improving investment climate

A four-day international investment summit was recently held in Dhaka. Given the changing global and domestic context, this event carried particular significance. According to the Bangladesh Investment Development Authority (BIDA), foreign investors attending the summit proposed investments amounting to Tk 310 billion. Some of these proposals were already in the pipeline. While this is certainly encouraging, especially amidst global economic instability, the mere announcement of investment proposals is not enough.

No more delays in the name of reforms—Control inflation
No more delays in the name of reforms—Control inflation

Economics

No more delays in the name of reforms—Control inflation

The leaders of the top four business organizations in the country have expressed their concerns regarding the government's initiative to increase gas prices in a joint letter addressed to the Energy Adviser. They have warned that raising gas prices at this moment will severely impact industries, leading to a sharp rise in production costs. As a result, Bangladeshi products may lose their competitive edge in the international market.

Canada supports Bangladesh’s democratic aspirations, economic growth
Canada supports Bangladesh’s democratic aspirations, economic growth: Nahida Sobhan

Interview

Canada supports Bangladesh’s democratic aspirations, economic growth

Views Bangladesh: Bangladesh has established a new interim government led by Nobel Laureate Professor Dr. Muhammad Yunus, following the student-led movement that brought down the previous government of Sheikh Hasina. How are the Canadian government and its citizens perceiving this student-driven revolution in Bangladesh

RMG industry incurred $400m loss amid unrest: BGMEA
RMG industry incurred $400m loss amid unrest: BGMEA

National

RMG industry incurred $400m loss amid unrest: BGMEA

Bangladesh's apparel industry has faced a production loss of around $400 million due to the latest worker unrest in September and October in the Savar, Ashulia, and Gazipur industrial areas.

ISPR requests not to get misled by rumours over security of St. Martin’s
ISPR requests not to get misled by rumours over security of St. Martin’s

National

ISPR requests not to get misled by rumours over security of St. Martin’s

Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.

RMG workers stage demo on Bishwa Road demanding ARREARS
RMG workers stage demo on Bishwa Road demanding ARREARS

City

RMG workers stage demo on Bishwa Road demanding ARREARS

The workers of a readymade garment (RMG) factory staged demonstration blockading the Kuril-Bishwaroad area in the capital demanding their due arrears on Wednesday (May 154) afternoon, creating severe traffic jam in that area. The workers of Euro Zone Fashions Limited on Zamzam Road in Zoar Sahara area blocked the road around 5:30pm.

Workers to get salary-bonus before Eid-ul-Azha
Workers to get salary-bonus before Eid-ul-Azha

National

Workers to get salary-bonus before Eid-ul-Azha

The workers of all sectors including the readymade garment (RMG) will be paid their salaries and bonus before the start of the holy Eid-ul-Azha vacation.

Garment workers withdraw road blockade at Banani
Garment workers withdraw road blockade at Banani

City

Garment workers withdraw road blockade at Banani

The readymade garment (RMG) workers who blockaded the road in front of Sainik Club at Banani in the capital on Saturday (May 4) morning protesting factory closure have withdrawn the blockade after two hours.

RMG workers blockade road in Banani
RMG workers blockade road in Banani

City

RMG workers blockade road in Banani

Readymade garment (RMG) workers have blockaded a road at Banani in the capital protesting the closure of their factory.

Salary-bonus paid in 100% RMG factories: BGMEA
Salary-bonus paid in 100% RMG factories: BGMEA

National

Salary-bonus paid in 100% RMG factories: BGMEA

BGMEA President SM Mannan Kochi claimed this at a press conference organized at the association’s Uttara office in the capital on Wednesday (April 10).

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