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Three challenges need to be faced urgently for the sustainable development of the garment industry in the country and to survive in the current competitive market. These are decarbonisation, coping with post-transition from Least Developed Countries (LDC) list and impact of fourth industrial revolution or automation of technology on production systems. The speakers said these…
On the occasion of Eid-ul-Azha, BGMEA and BKMEA claimed that May salary, bonus payment and Eid leave were given in 100% factories. The Industrial Police has thanked the employers and workers organization for giving the same information about salary and bonus. BGMEA said in a press release on Saturday that there are 2 thousand 160…
On the occasion of Qurbani Eid, expatriates sent huge amounts of remittances to their relatives back home. In the 14 days before Eid, expatriates sent foreign currency equivalent to about 19.5 thousand crore rupees. According to the latest data of Bangladesh Bank, expatriates remitted more than 164.67 million US dollars in legal or banking channels…
Bangladesh Bank’s foreign exchange reserves increased due to remittances or expatriate income around Eid-ul-Azha. However, gross reserves have yet to cross the $25 billion mark. At present the gross reserve is 2 thousand 478 crores or 24.78 billion dollars. According to the latest data of Bangladesh Bank, the gross reserve is 2 thousand 478 crores…
