Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said that the recently signed International Accord for Health and Safety in the Textile and Garment Industry is separate from RMG Sustainability Council (RSC).

Bata Shoe Company (Bangladesh), one of the widely known footwear brands in the country, returned to profit in April-June period of the current year after incurring a massive loss in the same quarter last year.

All industries and their respective regulatory bodies are responsible for ensuring consumer protection as well as deepening financial inclusion, according to speakers at a webinar.

Import-related irregularities have gone down significantly after the National Board of Revenue (NBR) doubled the minimum penalty for evading duties, helping the government earn more in taxes.

Business of hotels and resorts in tourist destinations is rebounding slowly as the Delta Covid-19 variant and dengue have turned customers very cautious over whether they would go on holidays.

Real estate firm Concord has recently achieved a AA+ credit rating from the Credit Rating Agency of Bangladesh.  

Effective supply chain and commercialisation of agriculture products is a must for availing a safe food value chain as the marketing of perishable items is a big challenge in the country now, stakeholders said at a webinar yesterday.

Bangladesh Railway, which operates and maintains all railways in the country, registered remarkable earnings in the last couple of years as the comparatively cheaper and hassle-free mode of transport is gaining popularity among local importers.

Garment makers have demanded a 10 per cent incentive on the export of garment items made from non-cotton fibres to encourage investment in man-made fibre (MMF).

The government yesterday warned of stern action against people engaging in profiteering or price manipulation of basic commodities as it may upset the currently stable domestic market.

The former signatories of the Accord Bangladesh have joined together to continue their legally binding commitments to workplace safety in Bangladesh and expand the programme to other countries.

Bangladesh Jute Mills Corporation (BJMC) has received around 55 proposals from home and abroad till date seeking to invest in 25 state-run jute mills shuttered in July 2020 for modernisation, said BJMC Chairman Md Abdur Rouf yesterday.

Padma Bridge, Payra Port and Dhaka Metro Rail-6 are among the fast-track projects nearing completion, whereas several others are witnessing a slower than expected implementation rate, according to a progress report.  

Prime Minister’s ICT Affairs Advisers Sajeeb Wazed Joy yesterday said that the next step of digital Bangladesh is developing a cashless society to ensure transparency, accountability and mobility in financial transactions.

The prices of flats have started to rise in Dhaka ending a three-year stagnation as demand for new homes increased and construction costs surged.

Runner Motors has recently been presented three awards from Indian automotive company Eicher Motors for the highest sales of commercial vehicles and trucks in the overseas market for fiscal 2020-21. 

Local garment makers yesterday sought Spanish investment in non-cotton textile items as the demand for apparel items manufactured from man-made fibre (MMF) is on the rise.

Implementation of the Annual Development Programme (ADP) in July was 17.22 per cent lower compared to the corresponding month of last fiscal year due to the economic impact of a recent countrywide lockdown.

An overall decline in the country’s foreign trade last year for the pandemic brought the Chattogram port down nine places in the latest ranking of Lloyd’s List “One Hundred Container Ports 2021” analysing annual container transport of 2020.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA)  today sought Spanish investment in non-cotton textile items as the demand for man-made fibre (MMF) garment items is on the rise.