Tuesday , 15 June 2021
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Category Archives: Industry

Savar tragdy: BGMEA asked owners to close factories

Financial News Service President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Wednesday expressed deep shock at the loss of lives of garment workers from the collapse of the eight-storied Rana Plaza at Savar on the outskirt of the capital. “We are very deeply shocked at the tragedy  and convey our message of sympathy to the bereaved family,” BGMEA ... Read More »

Savar tragdy: Nobody knows how many people inside of collapsed bldg

 Savar Correspondent In the worst case of building collapse in the country, rescuers have so far pulled alive more than 1,500 people out of the debris of the Rana Plaza in Savar while the death toll has crossed 200. Fire Brigade and Civil Defence Director General Ali Ahmed Khan said the nine-story building near the Savar Bus Stand came crushing ... Read More »

Savar Building Collapse: Death toll rises to 184

businessnews24bd.com The death toll reached to 184 Thursday morning as an eight-storey building collapsed in Savar bus-stand area Wednesday morning. The rescue team identified some 144 bodies and handed over to family and relatives today. Flags flew at half-mast as the shell-shocked country declared a day of mourning for the victims of the country’s worst factory disaster. Several people were ... Read More »

Savar tragady: HM assures legal action

businessnews24bd.com Home Minister MK Alamgir assured legal action against those responsible for the tragic collapse of multi-storied Rana Plaza at Savar near capital Dhaka in which at least 80 people were killed on Wednesday. “Building codes were not followed and proper construction materials were not used in the construction of the building,” he said after visiting the spot on Wednesday. ... Read More »

Garment exporters eyeing expanding domestic mkt

Badrul Ahsan The country’s apparel manufacturers, mainly dependent on imports of fabrics from Thai, Indian and Chinese, have now set their eyes to grab multi-billion-taka local market, alongside their usual exports, insiders said. Around 25 leading apparel exporters including East West Industrial Park Ltd., Bevelon Group, Millon Clothings Ltd., Beximco and Giant Group of Companies now look forward to doing ... Read More »

Cabinet forTU in RMG sector

businessnews24bd.com The cabinet on Monday approved in principle a proposal to amend the Labour Law to allow readymade garment (RMG) sector workers the rights of trade union. Currently, the RMG workers can form unions only with prior permission from the owners. Several policies regarding the safety and welfare of the RMG workers and their safety in the factories would be ... Read More »

Country’s apparel industry hit hard by labour crisis

FHM Humayan Kabir Bangladesh’s apparel industry has been hit by shortage of labour, particularly skilled and semi-skilled ones, as many of the factories are suffering from the problem, resulting in shifting of export orders to other countries. The insiders including, among others, some of the owners of the readymade garments (RMG) units, said they have been facing such a situation ... Read More »

Investment-friendly policy needed:Huge potentials in electronic goods, ICT sectors

Financial News Service Bangladesh now stands at the doorsteps of immense potentials in electronic sector. The country can avail the opportunities of exporting electronic goods worldwide. Bangladesh has all kinds of facilities, including potential market, required capital and technical know-how. Now the entrepreneurs in this sector need a long-term investment-friendly policy. Experts have opined that Bangladesh is a country capable ... Read More »

Walmart asks apparel exporters to disclose supplier list by April 15

      Financial News Service Walmart , the world’s largest retailer, has given its suppliers an ultimatum to disclose by April 15 which factories they work with, and says it will sever ties with those that subcontract work without telling Wal-Mart. The compnay has donated $1.6 million (£1.04 million), to part-fund a Bangladesh training centre to help improve the ... Read More »