DHAKA: The world renowned retailer Wal-Mart Stores Inc. said that the environment of readymade garments factories of Bangladesh has been developed comparatively than the earlier.On behalf of Wal-Mart, Bureau Veritas made the report after conducting survey on 75 factories in

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 57 points to stand at 4,439 at 11:55 am.Trade deals stood at 66,709 with transaction at Tk 2,876 million.Of the issues traded,

DHAKA: Kuwait’s emir Sheikh Sabah al-Ahmad Al-Sabah opened the third Africa-Arab summit Tuesday by pledging US$2 billion in low-interest loans and investments to African states.Arab and African leaders gathered for the two-day summit in Kuwait City to review steps to promote economic

DHAKA: State Minister for Home Affairs Ministry on Tuesday categorically said the law enforcement agency would take stern action against the miscreants involved in vandalism and sabotage in readymade garment sector.He also said the police administration has already been given directives

DHAKA: Leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) are holding an urgent meeting with Home Minister MK Alamgir and higher authorities of Labor Ministry and officers of intelligence agencies on Tuesday noon.   The meeting started at around 12:30pm at

DHAKA: Investors witnessed gain in the benchmark indices of the country`s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 101 points to stand at 4,381 at the close on the third trading day of the week.Trade deals stood at 189,254 with transaction at Tk 7,879

DHAKA: Improving working conditions in Bangladesh’s ready-made garment (RMG) industry is crucial for achieving sustainable growth in the country, says a new report by the International Labour Organization (ILO).According to the report, Bangladesh experienced relatively high economic

DHAKA: Tensions broke into the open on Monday involving two large groups of retailers — one overwhelmingly American, the other dominated by Europeans — that have formed to improve factory safety in Bangladesh.An official from the European group voiced concern that the American

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 23 points to stand at 4,279 at the close on the second trading day of the week.Trade deals stood at 140,852 with transaction at Tk 5,799

DHAKA: Boeing’s CEO says Gulf companies have placed orders for at least 225 of its new long-haul 777X planes, in what he called the biggest purchase of a planned aircraft in airline history.The orders announced on Sunday kicked off the Dubai Airshow, which is also brought major deals

DHAKA: Bangladesh offers huge potential for the establishment of a halal food industry besides serving as a platform for Malaysian companies to penetrate Western and European markets.Malaysian High Commissioner in Bangladesh, Norlin Othman said there was huge demand for halal food

DHAKA: US Assistant Secretary for South and Central Asian Affairs Nisha Desai Biswal expressed her concern over the recent workers unrest in country’s readymade garments sector.Nisha expressed her discontent in a meeting with Bangladesh Garment Manufacturers and Exporters Association

DHAKA: US Assistant Secretary for South and Central Asian Affairs Nisha Desai Biswal held a meeting with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) leaders on Sunday noon.The meeting has started at around 12:30pm in capital’s Westin hotel.With BGMEA president

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.The key index of Dhaka Stock Exchange, DSE X, rose over 14 points to stand at 4,256 at the close on the first trading day of the week.Trade deals stood at 123,142 with transaction at Tk 4,989

DHAKA: Rana Plaza tragedy got the third position in list of the top ten Reputation Crises of 2013 published in Bloomberg on Saturday. The story is as follows: No. 1: The U.S. Government The partial government shutdown this year, the debt limit debate, and the rabid partisanship driving

DHAKA: US investment bank JP Morgan has agreed to pay $4.5bn (£2.8bn) to investors who lost money on mortgage-related securities during the financial crisis.The settlement is with 21 major institutional investors.Mortgage-related investments were a major factor in the crisis, which began

DHAKA: Best Western International (BWI) has signed a contract with Maple Leaf Hotel & Resorts for a new hotel located adjacent to the international airport in Dhaka, Bangladesh.Currently under construction, the hotel near the Hazrat Shahjalal International Airport will operate under the

DHAKA: Myanmar exchanged the least border trade with Bangladesh among its four neighboring countries in this fiscal year, according to the country’s Ministry of Commerce.The country’s border trade with four neighboring countries such as China, India, Thailand and Bangladesh in FY

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 28 points to stand at 4,241 at the close on the last trading day of the week.Trade deals stood at 131,635with transaction at Tk

DHAKA: MasrerCard, a technology company in global payment industry announced the office of local representative in Dhaka Wednesday. It’s the first in the industry to inaugurate an office in Bangladesh. MasterCard Marked the occasion with an opening ceremony which graced by Dr. Atiur