Turkish textile sector eyes Bangladeshi workers
Turkish textile industry players are planning to bring over Bangladeshi workers to Turkey, Istanbul Textile and Apparel Exporter Associations (IHKIB) head Hikmet Tanrıverdi has told daily Habertürk, saying not enough Turks could be found for the positions.
“We could not find Turkish blue-collar workers to hire in our factories at the minimum wage, as a majority of them prefer to work in the services sector for the same amount of money in a cleaner working environment,” Tanrıverdi said.
“Syrian ...
“We could not find Turkish blue-collar workers to hire in our factories at the minimum wage, as a majority of them prefer to work in the services sector for the same amount of money in a cleaner working environment,” Tanrıverdi said.
“Syrian ...
Cornell cuts apparel ties over Bangladesh accord
Cornell University severed its relationships with the apparel manufacturer JanSport over worker and factory safety in Bangladesh.
Cornell first pressed the issue in May when President David J. Skorton sent a letter to Eric Wiseman, CEO of VF Corporation which owns JanSport, asking the corporation to sign the Accord on Fire and Building Safety in Bangladesh by the end of September. Skorton threatened to terminate JanSport’s license for Cornell goods if the company didn’t sign.
On Thursday Cornell did just ...
On Thursday Cornell did just ...
Bangladesh Business Forecast Report Q4 2014
Bangladesh will benefit from the power struggle between China and India for dominance of South Asia and the Indian Ocean, as the two giants will want to strengthen their political, economic and defence cooperation with Dhaka. This bodes well for Bangladesh's long term economic growth, which we are forecasting to come in at an annual average rate of 6.3% over the next 10 years.
With the return of political normalcy, we are optimistic that investment and export sector growth will start to pick up over the coming quarters, and are forecasting real GDP growth of 6.3% in FY2014/15.
Bangladesh Bank is expected to keep its REPO rate unchanged at 7.25% in H1FY15 (July-December), as inflation will likely remain relatively benign, while the economy should recover from the recent political t...
Kalam spurs youths to work hard
Famed former Indian president Dr APJ Abdul Kalam mesmerised a huge gathering of youths in Dhaka yesterday with his usual inspirational speech, pushing them for dreaming great and defeating failures.
“There will always be problems in life. Problems should not become your captain, rather you should become the captain of the problem, defeat the problem and succeed,” said the scientist while addressing over 700 university students at Sonargaon Hotel in the capital.
He is now in the capital to attend the 110th founding anniversary of the Metropolitan Chamber of Commerce & Industry, Dhaka. The two-day celebration kicked off with the dialogue with the students, reports the Daily Star.
Bangladesh tops tourists arrival chart in India
Bangladesh has topped the tourists arrival chart in India, followed by the US and the UK. According to the latest figures released by the Ministry of Tourism, 7,32,105 Bangladeshis visited India in September 2014, which is 14.79 per cent of the total foreign tourist arrivals of 4.95 lakh in September. It is followed by the US (11.88 per cent) and the UK (8.33 per cent)
In the past two years, tourists arrival from Bangladesh is on the rise. In 2012, about 4,87,397 tourists visited India and it rose to 5,24,923 in 2013. In both these years Bangladesh was third in the list of source countries for foreign tourist arrivals to India consisting of 7.41 and 7.63 per cent respectively. During the period, the US and the UK topped the chart.
