Int’l conference on living wages held in Berlin

A tripartite delegation from Bangladesh, composed of 11 members from the government, business associations and trade unions, took part in the ‘European Conference on Living Wages’ in Berlin, Germany. The conference was jointly organised by the governments of Germany and the Netherlands held on November 25-26, said a media release issued on Thursday. living wagePresident of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) M Atiqul Islam and a senior official from the Mini...

Bangladesh jute report – Nov 27

VARIETY BALES FOB Narayanganj (One bale = 180 kg) (Taka per bale) Ready Position (in taka) Bangla white special (BW special) 12,800 Bangla white A (BWA) 12,500 Bangla white B (BWB) 11,600 Bangla white C (BWC) 10,100 Bangla white D (BWD) 9,650 Bangla white E (BWE) 9,200 Bangla tossa special (BTS) 13,100 Bangla tossa A (BTA) 13,800 Bangla tossa B (BTB) 11,900 Bangla tossa C (BTC) 10,400 Bangla tossa D (BTD) 9,950 Bangla tossa E (BTE) 9,500 WRS/TRS, HABIJABI, CUT ROPES Bangla white rejection (BWR) 8,250 Bangla white habijabi (BWH) 6,300 Bangla tossa rejection (BTR) 8,500 Bangla tossa habijabi (BTH) 6,300

Ticfa opens door to address labour, safety issue

US Trade Representative Michael Froman said a new agreement with Bangladesh will give the two countries a formal mechanism to address the serious labour, safety and worker rights issues that led to the Southeast Asian nation’s loss of US trade preferences earlier this year. The countries signed the Trade and Investment Cooperation Forum Agreement (Ticfa) at a ceremony in Washington Monday. In June, the US said it was suspending Bangladesh’s trade benefits under the Generalized System of Preferences as of September. The US cited pervasive garment factory safety problems, including two tragedies that claimed the lives of more than 1,230 workers, in addition to the failure of industry and government to allow Bangladeshi workers...

Reform in RMG sector faces political obstacles

Reform measures aimed at improving conditions in the troubled Bangladesh garment industry face new obstacles as political upheaval takes hold in advance of national elections. The announcement on Monday that the 10th parliamentary election would take place on Jan. 5 set off a series of disturbances on Tuesday, including a 71-hour strike and shutdown of road, rail and sea transportation, and the expectation of more delays in shipments and other disruptions for businesses. violance BDDiss...

Restaurants honoured with Curry Oscars by British PM

The UK’s favourite cuisine was once again celebrated at the ninth, annual British Curry Awards on Monday at Battersea Evolution, as the nation’s finest curry restaurants were honoured at undisputedly the most lauded event of the UK hospitality sector. This year's ceremony once again welcomed a who’s who guest list of 100 leading restaurateurs, celebrities, politicians, dignitaries, business leaders and influencers, says a press release. UK PMAmong them were Prime Minister David Cameron; politicians Chris Grayling MP, Keith Vaz MP, Anne Main MP, Al...

WTO deal still possible in Bali Conference, hopes ICC

International Chamber of Commerce (ICC) has called the members of World Trade Organization (WTO) to spare no effort to achieve a trade facilitation deal in time for the Bali Conference next week. ICC, following the WTO Director-General Roberto Azevedo’s signal on Tuesday that the formal WTO negotiating process had reached a conclusion for the time being, asked the member countries to demonstrate the political will needed to settle the agreement, said a press release here on Thursday . icc-logo “This is a clarion call for global business to continue ur...
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