Tuesday , 15 June 2021
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Category Archives: From other media

Country receives $1.86b foreign aid in first 3 quarters of current FY

FHM Humayan Kabir, The Financial Express The government has received foreign aid worth US$ 1.86 billion in three quarters up to March this fiscal as the major donors including Asian Development Bank and Japan have disbursed a substantial amount of assistance, officials said Thursday. The external assistance received by Bangladesh through the government channel during July-March period of the current ... Read More »

ILO suggests steps on factory safety

The high-level mission of the International Labour Organization (ILO), which is now on a visit to Bangladesh, held a series of meetings with government officials, apart from Prime Minister Sheikh Hasina and the Labour Minister since its arrival on Wednesday. The team’s discussion centred round the state of workplace safety in the country after the disastrous collapse of Rana Plaza ... Read More »

Buyers demand coordinated efforts to ensure RMG units’ safety

Global apparel buyers Monday expressed their concern over frequent accidents in the country’s apparel sector, including the latest Savar tragedy, and demanded coordinated efforts from the government and apparel leaders to ensure safety. “We are concerned over Bangladesh issues,” vice president of Li and Fung, Bangladesh Roger Hubert said at a meeting with the leaders of the Bangladesh Garment Manufacturers ... Read More »

Country’s overall import orders mark 14.44pc rise in March

The country’s overall import orders increased significantly in March over the previous month despite political turmoil, officials said Monday. Opening of LCs against imports, generally known as import orders, increased by 14.44 per cent to US$3.28 billion in March, 2013 from $2.87 billion in February, according to the central bank statistics. “We expect that the rising trend of import orders ... Read More »

BEF for taskforces to spot breach of building code

FE Report In view of Savar building collapse, Bangladesh Employers’ Federation (BEF) said on Monday the government should formulate taskforces comprising five to seven members to look into factories if there is any breach of building code. “As employers’ representatives, we can’t avoid responsibilities of the collapse so no other agencies including various government agencies connected to the process can ... Read More »

BB lowers loan provisioning for SMEs by 75pc

Bangladesh Bank (BB) has revised the general provisioning (GP) against standard loan and lease down to a minimal level for small and medium enterprises (SMEs) and women entrepreneurs. A BB circular, issued Monday, set the general provision against loan and lease for SMEs and women entrepreneurs down to 0.25 per cent from current 1.0 per cent. A BB official said, ... Read More »

10 proposals okayed incl supply of 15m MRPs

The Cabinet Purchase Committee Monday approved 10 proposals including the award of a contract to a British firm to supply 15 million improved booklets to be used as machine readable passports (MRPs) along with same number of their laminates and RFID solutions. The Cabinet body’s nod came from a meeting held with Finance Minister AMA Muhith in the chair. The ... Read More »

Govt rejects int’l search, rescue assistance

David Bergman The government has rejected offers of international search and rescue assistance, including a formal offer of sending a team of specialists from Britain. The offers were made within 36 hours after the collapse of the Rana Plaza building at Savar which has so far led to the death of 378 people, mostly apparel workers employed by the five ... Read More »

RMG owners blind to amass wealth at the cost of workers

 Kazi Zahidul Hasan Leaders of different professional bodies have termed the Savar tragedy as a dreaded “mass killing’ with least care to the lives and safety of workers from garment factory owners. They said, factory owners have become blind to amass wealth and get quick rich, they are showing the face of ugly capitalism defeating all human values. It must ... Read More »

Many Sohel Ranas all over going unpunished

Special Report The hauling up yesterday of Sohel Rana, owner of the eight-storied garment factory building that collapsed killing at least 400 people and injuring over 2000 others, has met a demand of garment workers and some political parties, but would this lead to solution of problems that has been created by privileged law-breakers across the country. The man who ... Read More »