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US retailers’ donation to Bangladesh fund ‘paltry’

Walmart has been criticised for offering a paltry amount to victims of the RanaPlaza factory collapse in Bangladesh after joining other US-owned retailers including Asda, Gap and The Children’s Place to donate $2.2m (£1.32m) to a compensation fund. Of 28 retailers linked to the building in Dhaka, where more than 1,100 people died and at least a further 1,000 were injured nearly a year ago, just 16 have been confirmed as donors to a formal compensation fund co-ordinated by the UN agency the International Labour Organisation (ILO). So far there is just $7m in the pot, well short of its $40m target.

Good business for good cause

An Edinburgh business that puts all of its profits into charity has opened another outlet in Glasgow. Social Bite is a chain of cafes where the focus is on finding social utility in commercial profits. good businessThe people behind the venture were inspired by similar businesses they visited in Bangladesh. Co-founder Josh Littlejohn and chef Billy Paul McCondochie spoke to STV News about their social enterprise, which gives its profits to charity and hires one quarter of i...

IBCF 43rd meeting held

The 43rd Meeting of Islamic Banks Consultative Forum (IBCF) was held on Tuesday ( 25th March, 2014) in the meeting room of Bangladesh Association of Banks (BAB) Prof. Abu Nasser Muhammad Abduz Zaher, Chairman of the Forum and Chairman, Board of Directors of Islami Bank Bangladesh Limited presided over the meeting.  DSC_0744The meeting discussed on Islamic Banking activities in Bangladesh. The meeting was attended among others by Md. Nazrul Islam Mazumder, Vice-Chairman, IBCF & Chairman, EXIM Bank...

Robi Experience Center in Comilla

Robi inaugurates its Experience Center in Comilla on Friday. The Rob iExperience Center is designed to increase the customer satisfaction by integrating sales and after-sales services in an open, friendly and comfortable environment. In addition to handling all customer service inquires, the RobiExperienceCenter is being positioned as Robi's flagship sales channel, selling all Robi products and services and also attractively priced handsets and data-related equipment with the best after-sales service. DSC_1009

Premier Bank to install Southtech scaled HR solution

Premier Bank Limited on Thursday signed an agreement with Southtech Limited for the implementation of Southtech scaled, a premier human resource management solution in Bangladesh. The agreement was signed by Premier Bank’s Managing Director & CEO K.A.M Majedur Rahman and Southtech’s Managing Director & CEO,Syed Mamnun Quader. premier bankThe signing ceremony was attended by other senior management member of Premier Bank: Mr. M. Rezaul Karim, AMD, Mr. Tarek Reaz Khan, DMD & COO, Mr. Asif Zaman, SEVP & Head of HRD, Mr. Md. Mashu...

Bangladesh Ambassador meets Congressman Ellison

Bangladesh Ambassador in USA Akramul Qader met with US Congressman Keith Ellison a member of the House Committee on Financial Services on Thursday in Capitol Hill. Ambassador Qader and Congressman Ellison discussed the ongoing war criminal trials and labour safety and labour rights in Bangladesh. Bangladesh Ambassador informed that the International Crimes Tribunals of Bangladesh (ICTBD) is only trying those who allegedly involved in the crimes against humanity during the liberation war in 1971, none brought to the trial for his political faith or affiliation, says a press release. photo
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