DHAKA: The International Labour Organization (ILO) and the Government of Bangladesh are set to launch a new programme to improve working conditions in the ready-made garment (RMG) sector in Bangladesh, on Tuesday in Dhaka.The three-and-a-half year initiative will focus on improving RMG

DHAKA: Grameen Phone Employees Union (GPEU) won the UNI Global Union ‘Freedom from Fear Award’ for 2013.In a letter, UNI General Secretary Philip J. Jennings, said, “This Award is in recognition of the fact that, following GP’s unilateral announcement of 250 job cuts in May 2012,

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 50 points to stand at 3,814 at the close on the third trading day of the week.Trade deals stood at 64,333 with transaction at Tk 1,888

DHAKA: The government has finally given approval the draft of ‘national occupational health and safety policy act 2013’ with a view to ensuring compliances in factories.   The approval came from the regular cabinet meeting held at secretariat with Prime Minister Sheikh Hasina in the

DHAKA: A Joint Venture Agreement was signed between The Glove Technology SA of Malaysia and Bangladesh based IPSSL Group of Companies (IPSSL) at the Mandarin Oriental Hotel, at Kuala Lumpur, Malaysia. The agreement was formally signed by Tun Haji Abdullah Bin Ahmad Badawi, the Former

DHAKA: bKash CEO, Kamal Quadir, spoke at the GSMA Mobile Money Summit in New York City on October 16.He talked about success of bank-led Mobile Financial Service (MFS) and its positive impact in achieving financial inclusivity for the poor and unbanked in Bangladesh. bKash, a leading

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, shed over 71 points only to stand at 3,771 at the close on the first trading day of the week.Trade deals stood at 41,696 with volume of

DHAKA: Google shares have topped $1,000 (£617) for the first time, jumping 13.8% on Friday after the company reported better-than-expected earnings.Shares in the online giant closed 122 points up at $1,011.4, and have risen 42% since the start of 2013.Friday`s share price rise followed

DHAKA: ONGC Videsh Ltd and Oil India Ltd (OIL) have won two shallow water oil and gas blocks in Bangladesh, Oil Minister M Veerappa Moily said today.The 50:50 joint venture of OVL, the overseas arm of state- owned Oil and Natural Gas Corp (ONGC), and OIL "has been awarded shallow water

DHAKA: Toyota is recalling 885,000 vehicles to fix a problem that could cause a water leak from the air conditioning unit.It said water could leak into the airbag control module, causing a short circuit and illuminate a warning light.In some cases airbags "could become disabled or could

DHAKA: TheContributor.com, The Other 98% and Indigenous Designs, in a press release on October 16, announced the launch of Shop Your Values, a human rights campaign that encourages shoppers to boycott GAP, Old Navy and Banana Republic stores for their refusal to sign the Bangladesh Worker

DHAKA: Its swift-delivery service has shipped millions of Harry Potter novels and Adele CDs since its launch 15 years ago. But it is actually the 8GB memory card and HDMI connector cables which have made Amazon a $120bn business, the online retailer has revealed.To mark its 15th

DHAKA: Airtel Bangladesh Limited, one of the fastest growing telecom operators of the country, has spread its 3G coverage in many areas of Dhaka and Chittagong, says a press release.The news release said with the launch of its 3G services on  trial basis in Dhaka and Chittagong, in the

DHAKA: Bangladesh High Commissioner to Pakistan Suhrab Hossain said there exists huge opportunities to increase bilateral trade and investment between Pakistan and Bangladesh.Addressing the Faisalabad Chamber of Commerce and Industry (FCCI) on Friday, he said: “We are not only friendly

DHAKA: The price of rawhide has been fixed between Tk 85 and 90 per square foot in Dhaka and Tk 80-85 outside the capital.Bangladesh Hide and Skin Merchant Association, Bangladesh Tanners` Association (BTA) and Bangladesh Finished Leather, Leather Goods and Footwear Exporters Association

DHAKA: The United Nations labour agency said it was deeply saddened by the tragic loss of life in a fire at a garment factory in Bangladesh, adding that the incident highlights the need to do more to address the safety of workers.At least nine people have reportedly been killed in the

DHAKA: Investors witnessed gain in benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 21 points to stand at 3,843 at the close on the last trading day of the week.The volume of transactions stood Tk 2,194 million with 66,902

DHAKA: The International Monetary Fund (IMF) has welcomed progress towards the implementation of a new value-added tax (VAT) code in Bangladesh, a key reform being undertaken as part of a three-year IMF financial assistance program.On the conclusion of a two-week-long mission to the

DHAKA: The Arab Spring uprisings will end up costing Middle Eastern economies about $800 billion in lost output by the end of next year as countries struggle to restore stability.Banking giant HSBC estimated on Wednesday, reports The Jerusalem Post.In a research report, HSBC predicted

DHAKA: Bangladesh’s export earning in the first quarter of the current 2013-14 fiscal year (July 2013-June 2014) grew 21.24 percent year-on-year to $7.63 billion, official data showed Wednesday.Of the total earnings, Bangladesh’s Export Promotion Bureau (EPB) data showed that the