Concerns over labor unrest in Garment Industry
Concerns over labor unrest in Garment Industry

Garment factory owners in Chattogram are alarmed by growing labour unrest. Over the past two weeks, protests have occurred in at least eight factories, causing the shutdown of two. While industry leaders are working to address the situation, instability remains a frequent issue in various...

Int’l Papertech export begins on February 10
Int’l Papertech export begins on February 10

6th International Papertech Expo- 2025 is set to begin on February 10. The three-day international exhibition of paper industry and technology will be held at the International Convention City Bashundhara (ICCB) in the capital. The exhibition is being organized by Bangladesh Exhibitions...

Behind $500 billion AI data center plan, US startups jockey with big techs
Behind $500 billion AI data center plan, US startups jockey with big techs

This week, a major announcement by former President Donald Trump about a $500 billion private-sector investment to build AI data centers has spotlighted the emerging role of nimble cloud computing startups. These smaller firms are carving out a niche in an industry long dominated by tech giants,...

Ex-state minister for industry sent to jail
Ex-state minister for industry sent to jail

The Chief Metropolitan Magistrate Court in Dhaka issued an order on January 13, directing the detention of Awami League leader and former State Minister for Industry, Kamal Ahmed Majumder, in connection with a murder case filed at the Kafrul Police Station in the capital. Earlier, on October 19,...

Crowd grows at ICCB's garment accessories show
Crowd grows at ICCB's garment accessories show

The 22nd Garment Technology Exhibition Bangladesh (GTB 2025) and the 14th Gap Expo 2024 are currently underway at the International Convention City Bashundhara (ICCB) in Dhaka. The event showcases state-of-the-art equipment, accessories, and packaging products used in the readymade garment (RMG)...

New factories face double costs in industrial sector
New factories face double costs in industrial sector

The government has decided to double the price of new connections in industries and captives, and the ministry already given in-principal approval. Energy and mineral resources division expressed their desire of charging price in line with imported LNG. If the owners want to increase load in...

Initiatives aimed at reviving glory of ‘golden fiber’
Initiatives aimed at reviving glory of ‘golden fiber’

The Interim Government of Bangladesh has taken significant steps to revive the nations once-thriving jute industry, often dubbed the golden fiber. As part of this initiative, Bangladesh Bank has introduced special provisions to facilitate the repayment of outstanding loans in the jute sector....

Energy Adviser describes bureaucratic challenges as ‘Fighting My Own Shadow’
Energy Adviser describes bureaucratic challenges as ‘Fighting My Own Shadow’

Energy Adviser Dr. Fouzul Kabir Khan expressed frustration over bureaucratic challenges, likening his efforts to fighting with my own shadow during a seminar titled Predictable Energy Pricing and Supply Stability organized by the Dhaka Chamber of Commerce and Industry (DCCI) on Saturday....

Dubai to reimpose 30% alcohol sales tax from next month
Dubai to reimpose 30% alcohol sales tax from next month

Dubai will reinstate a 30% municipality tax on alcohol sales starting January 1, 2025, according to several restaurateurs and a communication from alcohol retailer African + Eastern. The announcement was made via email to restaurants and bars, notifying them of the change, reads a Khaleej Times...

Running business is difficult now: Speakers
Running business is difficult now: Speakers

Businessmen said they are going through hardship as there is a chaos in the banking sector of the country and the law and order situation has not fully restored. The business leaders made the remarks on Saturday at a trade conference titled Private sector outlook: Expectations and Priorities...