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Category Archives: Industry

HRW honors RMG workers` leader Kalpona

businessnews24bd.com Kalpona Akter, leader of Readymade Garment (RMG) workers, is getting honor from Human Rights Watch (RHW), the International Human Rights organisation, HRW discloses this on its website on Thursday.   The Award titled “Alison Des Forges” celebrates the valor of individuals who put their lives on the line to protect the dignity and rights of others. Human Rights Watch ... Read More »

Scores RMG workers fall sick at Savar

Savar Correspondent More than a hundred workers of a readymade garment (RMG) factory have fallen sick suddenly.   Most of the sick workers were admitted to a local hospital in unconscious sate.   The incident happened at Deco Design Ltd of Narsinghpur on Saturday noon.   Rustom Ali, one of the workers, said two of women workers who work at ... Read More »

LG announces up to 100pc discount on Eid

businessnews24bd.com Global brand LG Electronics Bangladesh has announced scratch card offer for customers that would allow up to 100 percent discount in LG products on the occasion of Eid-Ul-Azha.The discount, from Taka BDT 500 to 100 percent, will be available on purchase of any LG products above Taka 8,000 at LG-Butterfly showrooms across the country, said a press release. “The ... Read More »

Gazipur RMG fire still out of control

 Gazipur Correspondent Fire broke out at a ready-made garment (RMG) factory in Chandra Palli Bidyut area of the district`s Kaliakoir upazila is still out of control.   Though 16 units of fire service rushed to the scene within a short time, they could not douse the fire after their frantic efforts of 17 hours.   At least five people were injured who went to put off ... Read More »

New Nokia smartphones confirmed for Q4 2016

businessnews24bd.com Industry rumblings are pointing towards a bit of a Nokia revival in the not too distant future, with the the company’s marketing chief recently insisting that Nokia will “rise again”. Now, Nokia executive Mike Wang, president of the joint management team in China, has confirmed that 3 or perhaps 4 new Nokia-branded Android devices are set to be unveil in the fourth quarter of 2016. These ... Read More »

Bangladesh starts new fiscal with plummeting exports

businessnews24bd.com Bangladesh has started the 2016-17 fiscal with exports taking a hit in another blow after remittance from expatriates plummeted. The country earned over $2.53 billion in July, the first month of the new financial year, 3.5 percent down from the same month last fiscal year. The export in the month has missed the target by 25 percent. Economists and ... Read More »

‘Bangladesh to secure top position in RMG’

businessnews24bd.com Industries Minister Amir Hossain Amu said, “Bangladesh will soon secure the top position in the world in Ready Made Garments (RMG) sector.” The minister came up with the statement while addressing an inaugural ceremony of the three-day apparel exposition arranged by the country`s fashion designer in the capital’s National Museum auditorium on Sunday. Amir Hossain Amu said RMG sector ... Read More »

BGMEA unveils roadmap to $50b export

businessnews24bd.com Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has unveiled a roadmap to attain $50 billion export earnings by 2021 from the apparel sector. The roadmap will concentrate on the priority and required activities that should be done to achieve the goal. The roadmap as dubbed “Bangladesh RMG Roadmap: Targeting US$ 50 Billion Export by 2021″ jointly prepared by the RMIT ... Read More »

China, Japan provide new hope for RMG makers

RMG Desk Garment exports to China and Japan, two new markets, soared in fiscal 2015-16 — the strongest sign yet of the growing stature of Bangladesh’s apparel sector in global trade. Last fiscal year, garment exports to Japan stood at $774.47 million, up 18.68 percent year-on-year, according to data from the Export Promotion Bureau. Some $341.22 million of garment items ... Read More »

SC orders Hazaribagh tanners to pay Tk 10,000 fine daily

Court Reporter The Supreme Court has ordered 154 tanneries at Dhaka’s Hazaribagh to pay Tk 10,000 a day as compensation for polluting the environment until they shift to Savar. An appeals bench led by Chief Justice Surendra Kumar Sinha gave the order on Monday. On June 16, the High Court ordered the 154 tanneries to pay Tk 50,000 a day. ... Read More »