Sep 25
Daily News Head Line
Be tech-savvy to be more competitive PDF Print E-mail

Digitisation of sales and marketing would be a key factor in becoming more competitive in global apparel trade as shoppers are progressively moving online, said American management consultancy firm McKinsey and Company.

Online apparel sales accounted for more than 14 percent of the industry's total sales in 2016, up from just 5 percent in 2010, the survey said.

McKinsey prepared the biennial survey based on interviews of chief purchasing officers (CPOs) of top 63 global garment retailers that buy apparel items worth $137 billion a year.

Walton kicks off trial assembly of handsets PDF Print E-mail

Local handset brand Walton has started assembling smartphones on a trial basis at its own plant in Gazipur with hopes of starting commercial production from the first week of October.

Customers will get the first locally assembled handsets from Walton at the end of this year, said Uday Hakim, senior operative director of Walton Group.

State Minister for Telecom Tarana Halim is scheduled to officially inaugurate the first handset plant of the country on October 5.

Operators selling SIMs to Rohingyas to face action: govt PDF Print E-mail

The government yesterday warned the mobile operators of legal action if they are caught selling SIM cards to Rohingya refugees, who do not have legal identity cards.

The development comes after the telecom division got information that different mobile operators' local representatives were selling SIM cards to Rohingyas who are biometrically verified using details of Bangladeshi nationals.

“This is a punishable offence,” said Tarana Halim, state for posts and telecom, in a press conference after a meeting with the telecom regulator and the law enforcement agencies yesterday.

Rangs opens automotive assembly plant PDF Print E-mail

Rangs Group, one of the leading business conglomerates in Bangladesh, opened a vehicle assembly plant in Sonargaon on Friday to tap the fast-growing local market.

The facility sprawling over 40 acres of land in Sonakhali under Sonargaon upazila of Narayanganj will initially assemble pick-ups and human haulers with completely knockdown (CKD) kits from Indian multinational car manufacturer Mahindra & Mahindra Ltd.

Road Transport and Bridges Minister Obaidul Quader inaugurated the plant, which has the capacity to produce more than 2,000 vehicles per year.

PM woos US investors, promises protection PDF Print E-mail

Prime Minister Sheikh Hasina has invited the US entrepreneurs to partner with Bangladesh in investment, trade, share of profits and prosperity to strengthen the friendship between the two countries.

"I urge upon you, the leaders of the US business, commerce and industry, to partner with us in investment, trade, share of profits and prosperity. Our mutual beneficial business will strengthen our two countries' friendship, raising it to an enviable level," she said.

The prime minister was speaking at the luncheon meeting organised by the Business Council for International Understanding (BCIU) at Hotel Grand Hyatt in New York on Wednesday.

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