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RMG sourcing opts for free trade deal with India

When a well-known international sports brand approached Nagesh Sharma, who runs an apparel sourcing company from Gurgaon, with a huge order for tracksuit pants, Mr Sharma tried to source the product from India. He found only one apparel factory could match the buyer’s specifications. The primary problem, Mr Sharma says, is that India’s garment factories are too small; they typically have 150 people and about 80 machines. The average factory in Bangladesh has 600 people. Mr Sharma eventually sourced the order rmgfrom a Taiwan...

Govt planning record budget for 2016-17

The Bangladesh government has planned a national budget of 3.40 trillion taka ($43 billion) for the next fiscal year (2016-17), the country's finance minister said here on Thursday. Muhithmuhith "We're planning a 3.40 billion taka national budget for the 2016-17 fiscal (July 2016-June 2017)," Finance Minister A.M.A. Muhith said. He, however, did not elaborate on the new fiscal year budget which is to be unveiled in parliament in the first week of June, Xinhua news agency reported. The Bangladesh parliament in June 2015 ...

New book on BD women’s journey against sexual violence

Jean Lebel, President of Canada’s International Development Research Centre (IDRC), was joined by co-editor Hameeda Hossain, a human rights activist and researcher, to launch Of the Nation Born: the Bangladesh Papers. The book charts women’s journeys toward justice, accountability, and dignity in Bangladesh after being subjected to sexual violence during and after the 1971 liberation war. A scene from Birangona: Women of WarThe formal release of the book took place with a ribbon-cutting ceremony o...

JU Public Ad Dept 1st reunion on Saturday

The first reunion of the Public Administration Department of Jahangirnagar University (JU) will be held on Saturday at the campus marking the 10th years founding anniversary of the department. A press release signed by its convener also the assistant professor of the dept. Jebunnessa confirmed this. ju 22juThe press release also said, the department has arranged a seminar titled on “Governance and Administration in Bangladesh” marking the celebration at Jahir Raihan Auditorium at the campus. JU VC Prof Farzana Islam will inaugur...

IBBL stall at US Trade Show

Tofail Ahmed, MP, Commerce Minister of Bangladesh, Jackson Cox, Chairman, Asia Pacific Council of American Chamber of Commerce, Marcia S. Bernicat, Ambassador, Embassy of the US in Dhaka, Md. Nurul Islam, President, American Chamber of Commerce, Showkat Ali Sarkar, US TRADE---- 03Vice President, American Chamber of Commerce, Khd. Rashed Maqsood, Member, Executive Committee, American Chamber of Commerce visited Islami Bank stall at Pan Pacific Hotel Sonargaon on March 3, 2016 after inauguration of a three-day US Trade Sh...

Bank Asia opens branch in Brahmanbaria

The 104th Branch of Bank Asia started formal operation at Brahmanbaria town today (Thursday, 3 Mar, 2016). Lawmaker from Brahmanbaria-3 constituency Mr. RAM Ubaidul Muktadir Chowdhury inaugurated the new branch at Sadar Hospital Road. Chairman of Board Executive Committee of Bank Asia Mr. Rumee A Hossain, Director Mr. M Irfan Syed and President & Managing Director (CC) Mr. Aminul Islam, ADC of Brahmanbaria Photo- BAMrs. Nurun Nahar, ASP (Sadar) Mr. A.M. Masud and General Secretary of District Awami League Mr...
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