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RMG factory owners agree to pay Tk 5,300 wage

Owners of ready-made garment factories on Wednesday night agreed to pay Tk 5,300 in minimum wage for entry-level workers. The announcement came after a meeting of representatives of the garment owners with Prime Minister Sheikh Hasina at her official residence Ganobhaban, chief of the apparel trade body said. “Yes, we’ve agreed to the new minimum monthly wage,” M Atiqul Islam, President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) told UNB over phone. rmgHe said it will be decided in a day or two as to from which month the ...

Norwegian support sought for developing shipbuilding

President Abdul Hamid on Wednesday sought Norwegian support in shipbuilding and ship recycling sectors of the country. He sought the assistance while newly-appointed Ambassador of Norway to Bangladesh Merete Lundemo presented her credentials to him at Bangabhaban. Welcoming the new envoy at Bangabhaban, the President appreciated Norwegian cooperation to Bangladesh in various sectors and hoped that it would be further increased in the days to come. BD-NorPresident Abdul Hamid proposed exchange of trade delegations between the two countries for promoting...

Decisions to be taken in Nov to help RMG sector

Netherlands Ambassador to Dhaka Gerben De Jong on Wednesday said this November is extremely important for further development in the readymade garment sector as two important decisions will be taken during the period which will help Bangladesh become the number one producer in the world. “Because, in November there are two decisions to be taken – one on joint standards to inspect factories and secondly the discussion on the minimum wage,” the envoy told a function in the city. Ned envoyJong said it will be very difficult to explain in Euro...

Touching lives, the Sachin Tendulkar way

He is the world's richest cricketer with an estimated wealth in excess of a billion rupees (Rs 1000 cr). It is a tag he may lose soon enough to the likes of MS Dhoni. But then Sachin Tendulkar is also one of the world's humblest cricketers. That is a tag he will carry for the rest of his life beyond the cricket field. Walking down the steps to prac tice at the Wankhade Stadium on Tuesday, Tendulkar was already struggling to cope with the cricketer’s myriad paraphernalia his trademark super light pads, thigh guards, gloves, abdomen guard, two heavy bats and the ubiquitous helmet hanging by the chin strap from his left hand. There was this young cricketer dressed in cream flannels who was sticking his notebook out through a break in the fencing from the adjacent stand for an autograph. ...

BB to provide loans with low interest for creative publishers

Bangladesh Bank (BB) said on Tuesday that from now on scheduled banks and non-bank financial institutions would be able to disburse loans from a Tk 600-crore BB fund to the micro and small enterprises dedicated to publishing knowledge-based and creative books and their marketing. The BB issued a circular to managing directors and chief executive officers of all banks and NBFIs saying that the publishers would be able to receive loans with an interest rate of 10 per cent from the banks and the NBFIs under the BB refinance fund. bbThe banks and the N...

Airtel offers 3G at 2G price

Airtel Bangladesh Ltd, one of the fastest growing mobile service providers of the country, has recently announced its products and prices of 3G services in Bangladesh. Airtel 3G will be available to customers in Dhaka and Chittagong and will offer world-class 3G experience at high speed. Speaking at the press conference of Airtel 3G, Chris Tobit, Managing Director and CEO of Airtel Bangladesh said, “We are excited to offer innovative products and prices of our 3G services with highest speed, innovative contents and affordable packages for all segments, which will mark a major milestone for Airtel in Bangladesh. As the country ushers in an era of high speed mobile telephony, it will be Airtel’s endeavor to be at the forefront of this growth story. We will continue with our philosophy ...