EDITORIAL

Impact of Rising Interest Rates on Global Markets

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The international economy is changing dramatically as central banks all around the world raise interest rates to fight chronic inflation. This editorial explores the multifaceted impact of these rising rates on economic growth, investment activities, and consumer behavior, providing insights and examples to understand the broader implications. Economic Growth and Recession Risks The Threat of Recession The high interest rate environment is...

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Top 10 AI Companies in The World 2023

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In an era defined by digital transformation, these companies are not just pioneers; they are the architects of the AI future. From data analytics and machine learning to neural networks and automation, these organizations are setting the gold standard for AI excellence. As professionals, you are at the heart of this revolution, and this ranking is your guide to...

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POLITICS

RMG Factories Start to Reopen Gradually

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Garment and textile factories started to gradually reopen yesterday after being kept shut for four days with the expectation that all factories will reopen today. Nearly 30 percent of garment factories, including some in Dhaka, were opened yesterday and no untoward incident was reported. All factories will reopen today, SM Mannan Kochi, president of the Bangladesh Garment Manufacturers and Exporters Association...

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ENTREPRENEURSHIP

The Changemaker: Prof. Hina Tayyaba Khalil

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Within the arena of rapid fashion and ephemeral trends, one name shines brightly as a beacon of innovation and ethical entrepreneurship: Prof. Hina Tayyaba Khalil. As the visionary founder and CEO of Khaadi, a renowned Pakistani fashion brand, Khalil has not only reshaped the textile industry but has also redefined what it means to be a leader in eco-friendly...

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SCHOLAR ADVICE

RMG Factories Start to Reopen Gradually

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Garment and textile factories started to gradually reopen yesterday after being kept shut for four days with the expectation that all factories will reopen today. Nearly 30 percent of garment factories, including some in Dhaka, were opened yesterday and no untoward incident was reported. All factories will reopen today, SM Mannan Kochi, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said after a meeting with the home minster, who assured him of safety. "We are hopeful that all the factories will reopen tomorrow," said Mohammad Hatem, executive president of the Bangladesh Knitwear Manufacturers and Exporters Association, over the phone. He added that they were facing challenges in communicating with their foreign buyers due to an ongoing internet blackout. Local liaison offices of international clothing retailers and brands have also complained of being unable to contact their headquarters and place new work orders. Leaders of the garment and textile sectors have been lobbying the home minister and state minister...

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