Govt finds half of RMG units flouting social compliances
About half of the readymade garment factories do not implement social and workplace compliances including minimum wages for their workers. This was disclosed at a quarterly meeting on social compliances in RMG sector held at the commerce ministry Tuesday with commerce adviser Hossain Zillur Rahman in the chair...[ + ]
SC holds back govt
plea against Hasina
case verdict
The Appellate Division of the Supreme Court on Tuesday held back for a week the government’s petition seeking stay on the execution of the High Court verdict that quashed the extortion case against Sheikh Hasina...[ + ]
CTG ARMS HAUL
Court orders
further probe
A Chittagong court on Tuesday ordered further investigation into the biggest-ever haul of 10 trucks of smuggled arms and ammunition to bring behind-the-scene big shots to justice and crack the hidden deal, court sources said. Chittagong metropolitan sessions judge ANM Bashir Ullah also asked the investigation officer to complete the reinvestigation in two months...[ + ]
Northern farmers
limit fertiliser use
Complain about high prices,
short supply of fertiliser
Supply shortage and high prices have compelled many marginal paddy farmers in the northern districts to limit use of fertilisers in the peak cultivation season, which could have a dampening impact on the prospects of boro output, a New Age field survey reveals. Though they could purchase limited quantity of urea fertiliser from authorised dealers, both triple super phosphate and murate of potash were not available in the locality, many farmers said during a field trip to remote villages...[ + ]
Other Headlines
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Gazipur spinning mill workers block road for dues
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Cabinet body okays 5.67 lakh tonne rice import
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Rice import from India resumes
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Zillur warns govt, demands Hasina’s release
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EC, 5 BNP standing committee leaders reply
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Sheikh Helal and associate sentenced to 7 years’ RI
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Hannan released on bail
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All necessary steps taken for free, fair polls: chief adviser
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Armed forces to help hold meaningful polls in shortest possible time: Moeen
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Benazir book says she had cell numbers of assassins
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Torture, human rights violations continue: Odhikar
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Electoral Roll Rules approved
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ADB repeats call for energy price hikes
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Dhaka urges G8 to give LDCs fair market access
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Death penalty sought for 9/11 conspirators
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Four million Iraqis hungry despite wealth: UN
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Russia warns of new arms race without space ban
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Hasina’s release demanded
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DAB leader, wife face arrest order
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Student shoots classmate in Memphis school cafeteria
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Policeman suspended over illicit affair in Moulvibazar
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Police produce arrested in court today
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Change in admin
EU buyers stress more promotional
campaign for RMG export growth
Bangladeshi garment exporters need to develop more promotional capacities, product innovation and ensure smooth supply chain as global competitors are being critical in deciding their sourcing destinations. Representatives of garments importers in the EU markets told New Age that low prices would not remain the only factor to ensure sales but buyers have to be pursued with many other business factors...[ + ]
IPO made mandatory for PLCs
with capital Tk 50cr
The Securities and Exchange Commission at a meeting on Tuesday approved changes to its rules, making initial public offering mandatory for the public limited companies once their paid-up capital reaches Tk 50 crore. ;‘The revised rules will be effective after gazette notification,’ SEC executive director Farhad Ahmed told reporters...[ + ]
Other Headlines
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Nokia to add Google search engine in cell phones set
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Awareness about business laws stressed
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Spanish textile group eyes Asia to boost growth
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Oil prices go over $93
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S Korean MP stages demo to block FTA with US
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Recession in Asia unlikely: Lee
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Dilip Das made senior GM of CBC
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EU in new assault on ‘rip off’ mobile call rates
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GM to offer buyout to 74,000 workers
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AIG fuels US credit-crunch worries
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Australia probes soaring food prices
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Nigeria wants oil companies to pay compensation for degradation
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US store chain cuts Chinese food sales
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Prime Bank wins SAFA award ’06
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NBL holds annual conference
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Dollar slips against euro after positive survey on German investor confidence
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Stock Watch
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