Factory owners are asking for 60% govt-mandated hike. Meanwhile, the govt said minimum wage would rise by 56.25% to 12,500 taka ($114) a month from 1 December — first hike in 5 years.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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