BGMEA President urges Kontoor Brands to step up garment sourcing from Bangladesh

Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has called upon leading clothing company Kontoor Brands to increase sourcing of garments from Bangladesh, especially high-value and non-cotton items. Citing the vast progress in workplace safety, environmental sustainability, and workers’ wellbeing, he said the industry’s strides had strengthen

EBL and Daraz unveil Visa co-brand cards

Eastern Bank PLC. (EBL) and Daraz, the leading e-commerce marketplace in Bangladesh, have officially launched EBL-Daraz co-brand cards in collaboration with Visa. The launch event took place at the EBL head office in the city yesterday. This collaboration is poised to revolutionize the online shopping experience by capitalizing on Daraz's commitment

NDL, UIU Signs MoU for research

A Memorandum of Understanding (MoU) was signed between Nodes Digital Ltd. (NDL) and Centre for Artificial Intelligence and Robotics (CAIR) of United International University (UIU) for research and collaboration on September 12, 2023 at UIU campus, a press release said on Wednesday. Dr. M Rashedul Hoque, Director, Nodes Digital Ltd and

Govt fixes power tariff for 3 power plants

The government Wednesday approved separate proposals for fixing power tariff for procuring power from two solar power plants and one wind-based power plant for a long 20-year period with an overall estimated cost of around Taka 19,476 crore. The approvals came from the 30th meeting of the Cabinet Committee on Government

IBBL holds discussion on Shari’ah Compliance in Banking Operations

Mymensingh Zone of Islami Bank Bangladesh PLC (IBBL) organized a discussion meeting on “Compliance of Shari’ah in Banking Operations” for its clients on 12 September, Tuesday at zone premises. Moulana Mohiuddin Rabbani, member of Shari`ah Supervisory Committee addressed the program as chief guest. Kazi Md. Rezaul Karim, Deputy Managing Director