by Millionaires | Aug 5, 2020 | Industry And Cluster, News & Insights
‘The government will provide all possible assistance for the expansion of the jute industry, motivating jute farmers considering the demand in local and international markets ‘ The government is working relentlessly to reopen the closed mills of the...
by Millionaires | Jul 27, 2020 | Industry And Cluster, News & Insights
The farmers said every year jute traders would buy a large volume of raw jute from them and sell it to BJMC Despite bumper production, jute farmers in Magura are in utter despair as the government completely shuttered 25 jute mills under the Bangladesh...
by Millionaires | Jul 15, 2020 | Industry And Cluster, News & Insights
Economists, chamber leaders also call on the govt to entrust BEZA with the revamping job Economists and chamber leaders are of the view that public sector jute mills should be handed over to efficient private sector entrepreneurs, instead of running the...
by Millionaires | Jul 13, 2020 | Industry And Cluster, News & Insights
In an exclusive interview with the Dhaka Tribune’s Niaz Mahmud, Chief Executive Officer (CEO) of the Business Initiative Leading Development (BUILD) Ferdaus Ara Begum discusses the stopping of production at state–owned jute mills. BUILD is a voice of the...
by Millionaires | Jul 11, 2020 | Industry And Cluster, News & Insights
The much-cherished Sonali Bag scheme, which aims to make polymer containers from jute, will continue despite the closure of 25 state-run jute and non-jute mills on the first day of the current month. However, people are unlikely to get a hand on them anytime...
by Millionaires | Jul 8, 2020 | Industry And Cluster, News & Insights
In the just concluded fiscal year 2019-20, Bangladesh merchandise exports declined by 16.93% to $33.67 billion While major export items are struggling to survive the economic hit of the new virus, jute and jute goods are the exception as it posted an...
by Millionaires | Jul 2, 2020 | Industry And Cluster, News & Insights
Workers Safety Forum expressed concern over the announcement of shutting down of state-owned jute mills and voluntarily retirement of workers through golden handshake. It said, “the decision is inhuman as the workers have already been passing through a...
by Millionaires | Jun 30, 2020 | Industry And Cluster, News & Insights
“Bangladesh recently decided to close all 22 state-run jute mills and lay off 24,886 workers. The step is the result of heavy losses incurred by the Bangladesh Jute Mills Corporation (BJMC)”, textiles and jute minister Golam Dastagir Gazi said at a...
