Payment promise turns a hoax

September 30, 2009

Owners of a garment factory at Savar went into hiding Saturday after giving its workers false hope that their dues would be cleared before Eid.   

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Exporters asked to reschedule loan by Sept 30

September 30, 2009

Bangladesh Bank issued a circular Sunday allowing the major export sectors, affected by global recession, to reschedule their loans till September 30 without down payment.
   The sectors are frozen food, leather, leather goods, textile (including spinning) and the readymade garments.  

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Stimulus offers nothing

September 30, 2009

Bangladesh Garment Manufacturers and Exporters Association has demanded immediate review of the stimulus package that announced Sunday keeping garment sector out of the bailout.

 

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Stimulus fails to satisfy exporters

September 30, 2009

The stimulus package announced Sunday to offset immediate impact of the global financial crisis failed to satisfy the major stakeholders in the country’s trade, business, investment and export sectors.   

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Govt to unearth root of RMG unrest: PM

September 30, 2009

Prime Minister Sheikh Hasina Wednesday said the government would investigate if the recent unrest in the apparel sector was a conspiracy hatched by vested quarters to get financial benefit from the government. 

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RMG workers demand wage commission

September 30, 2009

The garment workers Saturday demanded formation of a wage commission, a minimum salary of Tk 5,000 and amendment to the existing labour law to make it labour-friendly.    Read more

Apparel sector to get Tk 2.0b as subsidy before Eid

September 30, 2009

The government is likely to disburse a subsidy of Tk 2.0 billion before the Eid-ul-Fitr to overcome the ongoing crisis faced by the apparel sector.

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IDLC opens SME booth at Imamgonj

September 30, 2009

IDLC Finance Limited, a multi-product financial institution, inaugurated its new small and medium enterprise (SME) Booth at Imamgonj in the city.

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Experts for timely evaluation of donor-funded edn projects

September 30, 2009

Technical education experts at a programme Tuesday stressed the need for evaluating and monitoring the government and donor funds before implementing any education projects to ensure the best use of the funds, reports UNB.

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Experts suggest gradual price hike of electricity for quality supply

September 30, 2009

State Minister for Power, Energy and Mineral Resources Enamul Haque said the prices of electricity should be increased gradually in line with the consumers’ purchasing capacity to provide them quality power.   

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