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  • Bangladesh factories close indefinitely

    General Sources - Monday 20th May, 2013

    Hundreds of factories which form the hub of Bangladesh's garment industry are to close indefinitely after worker unrest sparked by the death of more than 1100 colleagues, employees say.As the search for bodies from last month's building collapse wrapped up, the textile industry's main trade body said all operations at the nearby Ashulia industrial zone on the outskirts of Dhaka ...

  • Bangladesh unlikely to retain preferential treatment in the US market

    Asia News Network - Sunday 19th May, 2013

    The prospects of Bangladesh retaining the generalised system of preferences (GSP) in the US market are bleak, according to Commerce Minister GM Quader."After the Rana Plaza collapse, expecting a positive result from the USTR [United States Trade Representative] hearing has become difficult," Quader told The Daily Star yesterday. "I cannot exactly say whether the outcome will be ...

  • Bangladeshi opposition leader says govt ban on political rallies stalls talks

    Asia News Network - Sunday 19th May, 2013

    Bangladesh Nationalist Party (BNP) Chairperson Khaleda Zia has said the dialogue between the government and the opposition would be "affected" by the government's "ban" on holding rallies for a month.She made the comment when a delegation of ambassadors called on her at her Gulshan office last night.The delegation included William Hanna, head of EU delegation to ...

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  • Mobile banking helps Bangladesh economy grow

    Asia News Network - Sunday 19th May, 2013

    Around 1.12 billion Bangladeshi taka (US$14.21 million) is being transacted through mobile banking services in Bangladesh every day on an average, helping the economy grow further by transferring money from urban to rural areas, Bangladesh Bank Governor Atiur Rahman said yesterday.Banks have been providing mobile financial services to 5 million people through around 7,000 agents across the ...

  • UN human rights chief welcomes building and fire safety accord in Bangladesh

    Asia News Network - Sunday 19th May, 2013

    The United Nations human rights chief has called for further actions to improve the working conditions of the Bangladeshi garment sector."We welcome the fact that dozens of international companies have made a legal commitment to improve safety in Bangladesh's garment factories, in the wake of last month's building collapse that killed more than 1,127 people," Navanethem ...

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