Rancon and Montrims Ink Deal for Rooftop Solar Plant

Energypac Power Generation PLC posted a Tk 35.17 crore loss in the July-September quarter of FY 2024-25, driven by rising finance charges and interest rates. This marks a sharp decline from the Tk 99.65 lakh profit recorded in the same period last year.

The Bangladesh Textile Mills Association (BTMA) has requested the government to allow the import of recycled plastics and textile waste with a 5% specific duty and to support non-cotton garment manufacturing.

Bank Asia and Chaldal Pay have partnered to offer a 5% discount on online orders from Chaldal.com for Bank Asia debit and credit card holders (VISA & Mastercard). The agreement was signed by Mr. Zishan Ahammad, Head of Cards, ADC & Internet Banking at Bank Asia, and Mr. Iftekharul Alam Ayan, Chief Operating Officer of Chaldal Pay, at Bank Asia's Cards Department Office in Dhaka on December 18, 2024.

A group of labour leaders has urged the government to establish an emergency fund to provide financial benefits to laid-off workers in the garment sector. The demand was made during a meeting with the Labour Reform Commission, following the recent termination of over 40,000 workers at 16 Beximco Group factories.

Automation has reduced the need for human labor in Bangladesh's garment sector by nearly 31%, primarily affecting helpers. Sweater factories saw a 37% reduction, while woven factories saw a 27% reduction per production line.