The ongoing political turmoil is taking a heavy toll on the country’s export-oriented readymade garment sector with production halted for long and export consignments not making it to the ports for violence amid prolonged hartals and blockades. In the first nine days of the current month, 21 apparel factories incurred a loss of $33.78 million due to the blockade enforced by the opposition, said Shahidullah Azim, vice-president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The BNP-led 18-party alliance started enforcing blockade at the end of November. During the first nine days (except Friday) of the current month, the country had a bitter experience of blockade programme causing disruption of the normalcy of... more ›
The cabinet committee on public purchase Tuesday approved four purchase proposals involving Tk 303 crore including those for imports of wheat and fertiliser. The meeting took place at the conference room of the cabinet ministry with Finance Minister AMA Muhith in the chair. Emerging from the meeting, Additional Secretary of the Cabinet Ministry Nurul Karim told reporters that a total of Tk 123.99 crore will be spent for importing 50,000 tonnes wheat at rate of $313.92 per tonne. Singapore-based M/S Vitol Asia Pvt. Ltd. will supply the wheat. The meeting also approved two proposals for importing 50,000 tonnes urea fertiliser in two phases from China, Indonesia and Iran, Nurul Karim informed. ... more ›
Delegations of the Awami League and BNP held a meeting Tuesday to find out a way of resolving the current political crisis over election, a statement of BNP revealed. Delegations of Awami League and BNP sat at a meeting at Gulshan residence of UN Resident Coordinator Neal Walker at the invitation of UN Assistant Secretary-General Oscar Fernández Taranco, the statement said. Awami League leaders Syed Ashraful Islam, Amir Hossain, Tofail Ahmed and prime minister’s foreign affairs adviser Gowher Rizvi represented the government delegation while on the BNP side was party leaders Mirza Fakhrul Islam Alamgir, Khandaker Mosharraf Hossain, Abdul Moyeen Khan and Shamsher Mobin Chowdhury. Taranco accompanied by the UN officials was... more ›
GAZIPUR: Muggers shot two officials of a readymade garment factory and took away Tk 6 million (60 lakh) from them in Borobari area of the city on Tuesday. The injured officials were identified as production manager Shafiqul Islam, 40, and administrative officer Shahidul Islam, 45, of the ‘Sweater Tack Garment Factory’. Local sources said the duo came under the attack around 4 pm when they were going to the factory after drawing Tk 60 from a bank. When they reached the factory’s gate, muggers intercepted them and opened fire on the two, leaving them injured. Rescued by locals, they were taken to Dhaka Medical College Hospital. Meanwhile, locals caught red-handed... more ›
Jatiya Party Secretary General Ruhul Amin Hawlader Tuesday hoped that UN Assistant Secretary General Oscar Fernández-Taranco can help find out a peaceful solution to the prevailing political deadlock in the country. “I hope the two parties would come to the path of peace and the discussion would be fruitful,” he said while briefing newsmen at the President Park residence of party chief HM Ershad. An opportunity has been created because of the initiative by the UN assistant secretary general, he said. The polls schedule should be deferred to arrange a free and fair election with the participation of all parties, he said. “Party Chief HM Ershad also told the UN emissary... more ›
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