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EU urges higher pay for garments in Bangladesh

Global brands should raise the price they pay to Bangladeshi garment makers so that they can provide a living wage to workers, a European Union politician said yesterday. “There are many of us who feel that this is important and the EU parliament also feels that this is important,” Jean Lambert, chair of the EU delegation for relations with the countries of South Asia, said at a media briefing at the EU headquarters in Dhaka. EU ParliamnetLambert called in Bangladesh to participate in the inaugural Dhaka Apparel Summit, organised b...

Kargil and India’s role in creation of Bangladesh

Pakistan's former military dictator Gen Pervez Musharraf has said he believes in a tit-for-tat policy on all fronts and claimed that Kargil conflict was in response to India's role in the creation of Bangladesh. musharraf1The 71-year-old former president, who masterminded the Kargil conflict in 1999 and ruled over Pakistan for nine years, said that India had played role in creating Bangladesh and trying to seize Siachin. "They also undertook such operations so Kargil also happened," he told Samaa TV channel. "I believed in a tit-for...

Dhaka-Colombo stepping forward to sign FTA

Bangladesh and Sri Lanka are stepping forward to close Free Trade Agreement (FTA) deal between the two countries, mentioned Industry and Commerce Minister of Sri Lanka when ICC Bangladesh President Mahbubur Rahman called on him at his office in Colombo recently. Photo-ColomboICCB President Mahbubur Rahman assured the Minister all possible cooperation of the private sector. "I will brief our Commerce Minister and request him to expedite the FTA process for expanding trade between the two countries ,"   said Mahbubur Rahman. Respon...

Ecnec okays 2 projects for 4 lac new power connections  

The Executive Committee of the National Economic Council (ECNEC) yesterday approved the expansion of two rural electrification projects aimed at providing power connections for some four lakh new clients. The electrification projects will cover 11 districts in Barisal and Khulna Divisions, which would require a total cost of Taka 1,834 crore. The districts are Jhalkati, Patuakhali, Pirojpur, Bagerhat, Jessore, Jhenidah, Khulna, Kushtia, Magura, Meherpur and Satkhira. ecnecThe approval came from an ECNEC meeting held at the NEC conference room...

Germany’s BMW appoints new chief from 2015  

German top-of-the-range carmaker BMW announced a shake-up at its helm Tuesday, appointing a new chief executive and proposing a new head of the supervisory board. Current head of production Harald Krueger, 49, will take over as BMW's chief executive in May, the company said in a statement. bmwHe will replace Norbert Reithofer, who has held the position since 2006 and will be put forward for election to the supervisory board at the 2015 annual general meeting, it added. The supervisory board supports Reithofer then for election as its chairman. ...

Exports to US shrink by 6pc in July-Nov  

Bangladesh-rmg-workerA file photo shows employees are busy in a garment factory in Dhaka. The country’s export earnings from the US market posted negative growth in the first five months of the current financial year 2014-15 while export to China and India registered a modest growth in the period. — New Age photo A file photo shows employees are busy in a garment factory in Dhaka. The country’s export earnings from the US market posted negative growth in the first five months of the current financial year 2014-15 whil...
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