Tuesday , 15 June 2021
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Category Archives: Industry

electronic or “e-” cigarettes as a tool to stop smoking

University of Hawaii Cancer Center Prevention and Control Program researchers found that smokers who use electronic or “e-” cigarettes as a tool to stop smoking tend to be younger and more motivated to quit smoking as compared to other smokers. Dr. Pallav Pokhrel and Dr. Thaddeus Herzog found that approximately 13 percent of smokers had tried e-cigarettes as a means ... Read More »

ITUC finds amended labour law far short of int`’l standard

 businessnews24bd.com The Brussels-based International Trade Union Confederation (ITUC) has criticised the amended Bangladesh Labour Act 2013, passed by the parliament last week, stating that it is `falling well short of international labour standards`. The ITUC, an affiliation of 308 organisations of 153 countries and territories, called on the government of Bangladesh to be serious about enforcement of provisions of the ... Read More »

Marcel fridge prices reduced for Ramadan

businessnews24bd.com On the occasion of Ramadan, prices of Marcel brand of fridges have been reduced substantially. At the same time, the quality of Marcel fridge has been upgraded. Marcel fridges have been selling at reduced prices since July 1.   The Marcel authorities said the production cost of Marcel brand of refrigerators has gone down after the production has increased ... Read More »

Walton made uPVC doors, windows marketing starts

businessnews24bd.com Popular brand Walton is now manufacturing uPVC doors and windows. Such products are now manufactured at Walton’s own factory making them suitable to use anywhere in the world. Walton has taken a massive initiative for marketing these fire, heat and sound resistant products comparatively at lower prices. Walton authorities said the latest machineries have been set up at Walton ... Read More »

Garment workers’ salary, bonus by Aug 6

RMG Desk The government has directed all garment factory owners to pay salary and Eid bonus by August 6 and not to terminate any worker before Eid. The direction came at a meeting held at the Secretariat on Sunday noon with Home Minister Mohiuddin Khan Alamgir in the chair. The meeting was informed that the home ministry would send a ... Read More »

Alarafah workshop on RMG held

Md. Habibur Rahman, Managing Director of Al-Arafah Islami Bank inaugurated a day-long workshop on ‘Readymade Garments (RMG) Industries Financing in AIBL’ at the bank’s Training & Research Academy on Saturday, says a press release.   Read More »

Experts suggest efficacy tests on drugs in local market

Shamsul Huda Health and pharmaceutical experts suggest conducting bioequivalence tests to ascertain efficacy of some categories of drugs manufactured locally. Currently some manufacturers conduct such tests before exporting their drugs as it is required in the export market, sources said. But they do not it for the drugs marketed locally, the sources said. A source said: “Our 150 million people ... Read More »

BB, CIRDAP join hands to drive SME growth

Business news Desk  Bangladesh Bank (BB) and the Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP) today signed a memorandum of understanding (MoU) to work together to drive further the growth of small and medium enterprises (SMEs). BB Governor Dr Atiur Rahman and CIRDAP Director General Dr.  Cecep Effendi signed the MoU at the CIRDAP Centre in ... Read More »

Wages of BD garment workers fall by 2.0pc

FE Report Wages in Bangladesh’s readymade garment (RMG) sector fell more than 2.0 per cent in the last decade in terms of real purchasing power parity (PPP) for which the country has been the choice for relocation of textile industry, said The Washington Post on Friday. Foreign investors have been relocating garment industry in Bangladesh over the last few years ... Read More »

Bangladesh garment exports boom despite disasters

businessnews24bd.com Output from Bangladesh’s accident-prone garment sector increased in June, data showed Tuesday, with demand from foreign retailers still growing despite the country’s factory disaster in April. At least 1,129 people were killed when the Rana Plaza factory complex collapsed outside the capital Dhaka in April, sparking demonstrations against Western brands and prompting some retailers to threaten to cancel orders. ... Read More »