City Dhaka, Bangladesh Financial News

04.01 / 18:27

Election Myanmar Freedom country politician Sheikh Hasina once fought for democracy in Bangladesh. Her critics say she now threatens it

The elections in Bangladesh are all about one person: Prime Minister Sheikh Hasina

03.01 / 03:44

Fighting Mobile President Experts country reports Bangladesh court sentences Nobel laureate Yunus to 6 months in jail. He denies violating labor laws

A labor court in Bangladesh’s capital has sentenced Nobel Peace Prize winner Muhammad Yunus to six months in jail for violating the country’s labor laws

20.12 / 09:44

Gap country Asia feels the sting of India's onion export ban

Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year. The world's biggest exporter of onions banned shipments on Dec. 8 after domestic prices more than doubled in three months following a drop in production. Now retail shoppers from Kathmandu to Colombo are struggling with high prices, since traditional Asian buyers, such as Bangladesh, Malaysia and Nepal, and even the United Arab Emirates, rely on imports from India to bridge domestic gaps.

08.11 / 12:07

Manufacturing President country Bangladesh raises monthly minimum wage for garment workers to $113 following weeks of protests

Authorities in Bangladesh have announced a new minimum wage for garment factory workers after weeks of violent protests

01.11 / 03:53

BLOCK Manufacturing WhatsApp country reports Department ‘Shops on fire, vehicles vandalized’ Violence erupts as garment workers protest in Bangladesh over wage hike

Bangladesh has nearly 3,500 factories with some four million workers employed, mostly women, according to the Bangladesh Garment Manufacturers and Exporters Association, or BGMEA data. They get 8,300 takas or USD 75 as their monthly minimum wage but often need to work overtime to make ends meet, labor unions and workers said as quoted by The Associated Press. Thousands of garment factory workers took to the streets of Bangladesh's capital Dhaka and the industrial district of Gazipur on Tuesday to demand better wages.

05.10 / 17:50

Provident Assurant economy President country cover reports Nuclear power Uranium Bangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant

Bangladesh has received the first uranium shipment from Russia to fuel the country’s only nuclear power plant, still under construction by Moscow

11.09 / 22:05

Provident MET Cooper country Deal France, Bangladesh sign deal to provide loans, satellite technology during Macron's visit to Dhaka

French President Emmanuel Macron witnessed the signature of a deal to facilitate loans to Bangladesh aimed at infrastructure development, as well as a letter of intent to provide the South Asian country with an earth observation satellite system

31.08 / 03:39

Target Booking Fighting Mobile awards country peace 176 world leaders and Nobel laureates urge Bangladesh to halt legal cases against Peace Prize winner

More than 170 global leaders and Nobel laureates are urging Bangladesh to suspend legal proceedings against Muhammad Yunus, who was awarded the Nobel Peace Prize for pioneering the use of microcredit to help impoverished people

24.08 / 17:39

UPS Citi Provident Digital Platform Parke country ‘We will launch public cloud platform by Jan’

What are some of the major projects in the pipeline? We are right now working on five more projects. Two of these data centre parks are coming up in Mumbai (Powai and Chandiwali). Both these projects are two buildings each with about 67 MW of IT power each.

27.07 / 18:50

UPS Action show social Can’t condone Harmanpreet’s behaviour, game is above individuals: Mithali Raj

International Cricket Council (ICC) has suspended India women's team skipper, Harmanpreet Kaur, for the next two international matches after she was found guilty of two separate breaches of the ICC Code of Conduct. The incidents occurred during Saturday's third match of the ICC Women’s Championship series against Bangladesh in Dhaka. The first incident happened precisely when Kaur whacked the wickets with her bat in a rage after being dismissed for being caught at slip by spinner Nahida Akter in the 34th over of India's batting.

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