Major trade bodies and the Bangladesh Employers’ Federation (BEF) have voiced concern over a government proposal to allow only 20 individuals to establish an enterprise-level union, regardless of enterprise size, as part of amendments to the labour law aimed at aligning with international standards.
The interim government has taken a series of steps to restore confidence among investors and reinvigorate the stock market, which has been hovering between 4,000 points and 5,500 points for the last several years.
The cabinet yesterday approved a new telecom licensing policy that seeks to abolish the fragmented licensing regime while capping foreign ownership in telecom and related services.
The interim government has moved to expedite long-pending lawsuits filed by 10 institutions, including state-owned banks and a non-bank financial institution (NBFI), against loan defaulters, in a bid to speed up the recovery of defaulted loans.
Heavy monsoon rains have disrupted Bangladesh’s agricultural supply chain, driving up prices of essential vegetables and eggs across the country over the last three months.
Bangladesh Bank (BB) yesterday purchased $134 million from five commercial banks through multiple auctions as part of its ongoing strategy to contain the depreciation of the US dollar against the local currency, the taka.
Among the five Shariah-based banks slated for merger by the central bank, three have agreed to the regulator’s plan, while two have opposed it during separate meetings in the last three days.
We have always been champions of hugging. From clutching relatives at weddings long enough to make the stage creak, to embracing one another at mosques after prayers, to greeting colleagues with theatrical warmth at the first meeting of the week. And of course, the masters of the art, our politicians, hugging voters before elections with dazzling smiles, then hugging power afterwards as if their lives depended on it.
The garments industry of Bangladesh still suffers from a huge wage gap between male and female workers, with the latter holding just 5 percent of all supervisory positions in the sector, according to experts.
Earlier, it would take 10 days
It is Monem's 10th consecutive top taxpayer award from the zone
Retailers were selling the homegrown variety of onion at Tk 200 a kg at Karwan Bazar today, compared with Tk 130 on Thursday
Economist Wahiduddin Mahmud says at the BIDS conference
Asian Development Bank has approved a $400 million loan for Bangladesh to help fight climate change challenges.
India has extended the ban on the exports of onion till March next year with a view to increasing availability in domestic markets and to keep prices in check, according to a notification issued by the Directorate General of Foreign Trade yesterday.
Garment export to the US fell 24.75 percent year-on-year to $6.35 billion in January-October this year
government plans to cut the size of the budget for the ongoing fiscal year and keep it slimmer in the next fiscal year