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Ticfa, US bilateralism and Bangladesh

AFTER a decade of negotiation between the US and Bangladesh, TIFA has recently received a new name — Trade and Investment Cooperation Forum Agreement (Ticfa). Only in four cases the name TIFA varied and became Trade and Investment Cooperation Forum (TICF), Trade and Investment Development Cooperation Agreement (TIDCA), Framework Agreement for Trade, Economic, Investment, Technical Cooperation (FATEITC). Whatever the term is, these are the precursors for the US to have complete bilateral trade and investment (BTI) agreements with its strategic allies. ticfa-us

Bangladeshi workers lead protest march in Vancouver for safety accord

More than 100 protesters marched through Hudson's Bay in downtown Vancouver on Monday, demanding the company do more to address safety issues and workers' rights months after the collapse of the RanaPlaza garment factory in Bangladesh. The protesters took over the second floor of The Bay chanting, "Stop the killing! Sign the accord!", urging the store to sign on to an international agreement known as the Bangladesh Safety Accord. [caption id="attachment_889" align="alignleft" width="300"]kalpona-akter Kalpona Akter, executive director of the...

H&M aims to pay all textile workers “living wage” by 2018

Hennes & Mauritz , the world’s second-largest clothing retailer, laid out a plan to pay a fair “living wage” to some 850,000 textile workers by 2018, saying governments were acting too slowly. “We believe that the wage development, driven by for example governments in some countries, is taking too long, so we want to take further action and encourage the whole industry to follow,” H&M said in a statement on its website on Monday. H&M sources most of its garments from factories in Asia, particularly Bangladesh, where a factory collapse in April that killed almost 1,130 people put pressure on big brands to improve the working conditions of those making clothes for the West.

Robi signs MoU with Marie Stopes Bangladesh

Mobile phone operator Robi  Axiata Ltd and Marie Stopes Bangladesh have recently signed a MoU at the Robi Corporate Office in the city. The agreement was signed to facilitate empowering the Female Community Support Group (FCSG) members of Marie Stopes  Bangladesh, located in rural areas of Bangladesh. PixThe MoU was signed by Pradeep  Shrivastava, Chief Marketing Officer, Robi and Anil  P Tambay, Country Management Consultant, Marie Stopes Bangladesh, on behalf of their respective organizations. From  Robi Axiata,  Ahmed Saady Yaamin, Vice Presid...

Pol violance hampers export-import thru’ Dhaka-Chittagong highway

The Dhaka- Chittagong highway has turned into a mostly violated and risky route due to hartals and continuing demonstration which covers the country’s 80 per cent export and import. The business leaders of different organisations once again urged to the political leaders to keep free from all kind violence on Dhaka-Chittagong highway to sake supply chain undisturbed of the country. Voilance in Dhaka-Chittagong highwayBangladesh earned $28 billion from exporting the apparels sector, wher...

BRAC receives Healthcare Innovation Award

An innovative programme by development organisation BRAC transforming health for women and children in Dhaka’s slums has been awarded a prize in the first global GSK and Save the Children $1million Healthcare Innovation Award. BRAC is one of five organisations, from a long list of nearly 100 applications from 29 countries from across the developing world, selected to share the award. It will receive $300,000 to pilot test its programme, called Manoshi, in the slums of Freetown, Sierra Leone, where under-five and maternal mortality rates are amongst the highest in the world. Photo
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