Nearly a year after the collapse of a garment-factory complex in Bangladesh killed more than 1,100 workers, labor groups say global retailers still haven’t put up the funds needed to compensate the victims.
A trust fund set up earlier this year by labor groups and clothing companies said it would raise $40 million to help survivors of the RanaPlaza disaster and the families of those who perished. So far, the fund has collected $15 million.
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The Government of Bangladesh launched a 'digital bus' service on Thursday with free Wi-Fi for passengers in the capital Dhaka, starting with the Uttara-Motijheel route.
The state-owned Bangladesh Road Transport Corporation (BRTC) announced that in addition to Wi-Fi, buses would also include vehicles tracking technology identifying buss location and distance.
Passengers will be able to activate their devices through the buses' QR code scanner, which has installed on some 400 buses: 100 articulated...
A new insurance scheme in which pre-determined flood thresholds trigger speedy compensation offers hope for poor people in flood-prone Bangladesh, experts say.
“Floods adversely impact the ability of the poor to earn a livelihood both by destroying assets and limiting opportunities for labour,” said Snehal Soneji, Oxfam International’s Bangladesh country director.
“This [insurance] product is index-based and operates at the meso-level, which means that payout is triggered on the basis of a certain threshold being reached resulting in immediate payout without the long process of surveying and then payout,” he explained, referring to traditional insurance schemes that rely on time-consuming damage assessment surveys to determ...
The year 2013 has been one of the most challenging years for the country's economy in recent times. Failure to implement the Padma bridge project, collapse of a garment factory killing over 1,100 people, US suspension of GSP facilities, large scale financial scams, unprecedented political violence, etc have been very damaging to the country’s image.
According to the Executive Board Report, against all odds, Bangladesh has been able to attain a GDP growth of 6....
Days after sparking controversy with comments about death sentence for rape convicts and Kargil martyrs, Samajwadi Party’s Jamshedpur unit came up with a bizarre solution to illegal immigration of people from Bangladesh to India. The party believes that massive economic investments in Bangladesh will lead to greater job opportunities for youths in the neighbouring country and they will eventually stop crossing over to the Indian border for livelihood.
The local election mani...
Through a rigorous mento...
Through a rigorous mento...
