DHAKA: Japanese carmaker Toyota has said it is looking to start commercial sales of fuel cell-powered cars by 2015.Toyota set the target as it unveiled a concept fuel cell powered car, called the FCV, at the Tokyo Motor Show.Its cells can be recharged within minutes and it can cover about

DHAKA: The readymade garments factories owners and leaders of workers held a meeting on Wednesday night to find out a way to resolve the ongoing unrest in the sector.With Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Atikul Islam in the chair, the meeting

DHAKA: IFIC Bank, a leading private commercial bank of the country, organized a workshop on ‘Small and Medium Entrepreneur (SME) and Agricultural Financing’ recently at the bank’s Training Institute.Muhammad Mustafa Haikal Hashmi, Deputy Managing Director & Chief Risk Officer (CRO)

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 58 points to stand at 4,439 at the close on the fourth trading day of the week.Trade deals stood at 196,510 with transaction at Tk 8,890

GAZIPUR: Thousands of workers started working again in several readymade garment factories in Konabari-Kashimpur area in the district from Wednesday morning amid tight security.Regarding the situation, Sub-Inspector Saiful Islam of Kashimpur outpost told banglanews, “A good number of

NEW YORK: Bangladesh made tremendous success in economy and development though political gridlock keeps shadow in the achievement, Nobel Laureate Dr Muhammad Yunus asserted.The eminent economist made the comment while addressing a reception event organized by New York’s Probashi Nagorik

DHAKA: The Ministry for Labor and Employment affairs convened an urgent meeting with workers’ leaders of readymade garments industries to fix next steps to resolve the ongoing unrest in the sector.The meeting will be held at the conference room of the ministry at secretariat around

DHAKA: The world renowned retailer Wal-Mart Stores Inc. said that the environment of readymade garments factories of Bangladesh has been developed comparatively than the earlier.On behalf of Wal-Mart, Bureau Veritas made the report after conducting survey on 75 factories in

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 57 points to stand at 4,439 at 11:55 am.Trade deals stood at 66,709 with transaction at Tk 2,876 million.Of the issues traded,

DHAKA: Kuwait’s emir Sheikh Sabah al-Ahmad Al-Sabah opened the third Africa-Arab summit Tuesday by pledging US$2 billion in low-interest loans and investments to African states.Arab and African leaders gathered for the two-day summit in Kuwait City to review steps to promote economic

DHAKA: State Minister for Home Affairs Ministry on Tuesday categorically said the law enforcement agency would take stern action against the miscreants involved in vandalism and sabotage in readymade garment sector.He also said the police administration has already been given directives

DHAKA: Leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) are holding an urgent meeting with Home Minister MK Alamgir and higher authorities of Labor Ministry and officers of intelligence agencies on Tuesday noon.   The meeting started at around 12:30pm at

DHAKA: Investors witnessed gain in the benchmark indices of the country`s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, rose over 101 points to stand at 4,381 at the close on the third trading day of the week.Trade deals stood at 189,254 with transaction at Tk 7,879

DHAKA: Improving working conditions in Bangladesh’s ready-made garment (RMG) industry is crucial for achieving sustainable growth in the country, says a new report by the International Labour Organization (ILO).According to the report, Bangladesh experienced relatively high economic

DHAKA: Tensions broke into the open on Monday involving two large groups of retailers — one overwhelmingly American, the other dominated by Europeans — that have formed to improve factory safety in Bangladesh.An official from the European group voiced concern that the American

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 23 points to stand at 4,279 at the close on the second trading day of the week.Trade deals stood at 140,852 with transaction at Tk 5,799

DHAKA: Boeing’s CEO says Gulf companies have placed orders for at least 225 of its new long-haul 777X planes, in what he called the biggest purchase of a planned aircraft in airline history.The orders announced on Sunday kicked off the Dubai Airshow, which is also brought major deals

DHAKA: Bangladesh offers huge potential for the establishment of a halal food industry besides serving as a platform for Malaysian companies to penetrate Western and European markets.Malaysian High Commissioner in Bangladesh, Norlin Othman said there was huge demand for halal food

DHAKA: US Assistant Secretary for South and Central Asian Affairs Nisha Desai Biswal expressed her concern over the recent workers unrest in country’s readymade garments sector.Nisha expressed her discontent in a meeting with Bangladesh Garment Manufacturers and Exporters Association

DHAKA: US Assistant Secretary for South and Central Asian Affairs Nisha Desai Biswal held a meeting with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) leaders on Sunday noon.The meeting has started at around 12:30pm in capital’s Westin hotel.With BGMEA president