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Bangladesh Denim Expo Nov 11 & 12

The first international Denim Expo in Bangladesh opens November 11th – 12th 2014. The Expo brings together world leaders in the denim trade to create a new comprehensive showcase of the denim supply chain. Held at the Radisson Blu Water Garden Hotel’s Grand Ballroom and Utshab Banquet Hall, the Bangladesh Denim Expo will host some 50 exhibitors from over 14 countries. Denim LogoThe  Commerce Minister Mr. Tofail Ahmed, MP has consented to be Chief Guest at the event’s inauguration ceremony. His Excellency Mr. Gerben d...

Bank Asia opens regional head office in Chittagong

‘Bank Asia Bhaban’, regional head office of Bank Asia has been inaugurated at Agrabad in the port city of Chittagong on Saturday (8 November, 2014) aiming to provide faster service to clients. Mr. A. Rouf Chowdhury, Chairman of the Bank, formally inaugurated the new building. Former Chairman of the Bank Mr. Anisur Rahman Sinha, Executive Vice Chairperson of Rangs Group Mrs. Zakia Rouf Chowdhury, Vice Chairmen of Bank Asia Mr. AM Nurul Islam and Mr. Mohd. Safwan Choudhury, Executive Committee Chairman Mr. Rumee A Hossain, Audit Committee Photo-press

After Rana Plaza: Business As Usual?

More than one and a half years have passed since 1137 garment workers lost their lives and more than 2500 people were injured in the Rana Plaza industrial disaster – only five months after a fire at Tazreen factory killed 112 workers. These disasters sent shockwaves around the world, and shed light on the exploitative and often dangerous working conditions of Bangladesh’s growing RMG-industry. Rana plaza222For years Bangladeshi trade unions, together with their comrades in the international labour movement, had voiced their concerns ...

Achievements of older people in Bangladesh

Campaign to gather signatures to the ADA petition. © BohubrihiBangladesh was one of the first countries to get involved in the Age Demands Action (ADA) campaign which began in 2007. Throughout this journey older people have used the campaign to ask for a national policy on ageing and to raise awareness about a UN convention of the rights of older people have seen significant national achievements over the past two years. helpageThe campaign started with only handful of people and one affiliate, the Resource Integration Center (RIC). It has s...

Tea prices down for second week

Tea prices in Bangladesh fell for a second straight week at the weekly auction on Wednesday due to higher supplies but strong demand for quality leaf capped the slide and sales rose. [caption id="attachment_10423" align="alignleft" width="300"]tea cup Bangladeshi tea fetched an average of 181.37 taka ($2.34) per kg at the auction, down from 185.70 taka at the previous sale held on Oct. 28.[/caption] Bangladeshi tea fetched an average of 181.37 taka ($2.34) per kg at the auction, down from 185.70 taka at the previous sale held on Oct. 28, said an execu...

Global remittance to top $ 436b — 3 times more than foreign aid

One day last year I (Adam) was sipping coffee with our nanny, Grace, in our kitchen in Hong Kong. She made no secret of the fact that she helped support her family back in the Philippines, but I was still surprised to hear her ask: “By the way, can I take the day off next Tuesday? I want to send money home.” I knew the Bank of the Philippine Islands was open on Sundays. In fact, that’s its busiest day, when all the nannies working in other countries have their day off and use it to do their banking. Remittance from nannies like Grace is big business in the Philippines. In the first half 2014, the US $28 billion in remittance single-handedly pushed the Philippines’ current account balance into surplus and accounted for nearly 10 percent of GDP.
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