Currently browsing

Page 2

Bangladesh Export earnings target falls short by 6.0 pc

Bangladesh’s overall export earnings recorded a marginal growth during the July-May period of current fiscal year 2014-15. The export receipts stood at $28.14 billion showing a 2.83 per cent growth during the period though it fell short of target by 6.01 per cent, according to Export Promotion Bureau (EPB) data released Monday. However, the single […]

ILO presses Bangladesh for rules on labour law

The International Labour Organisation (ILO) has emphasised preparing rules for implementation of the Bangladesh Laobur Act in accordance with the international labour standards. Bangladesh Labour Act 2013 has been in force since 22nd July 2013 through official gazette notification of the government of Bangladesh but due to non-existence of the rules for implementation it is […]

300 new garment factories spring up in 2 yrs as 450 down shutters

More than 300 new apparel factories were set up in the last two years while 450 factories were closed down in Bangladesh. Of the total new factories, new entrepreneurs established some 137 while the rest emerged as part of expansion of the existing ones, said the association of the readymade garment (RMG) in Bangladesh. It said that non-compliance, western […]

Amended Bangladesh Labour Act in force but not implemented

Bangladesh Labour Act 2013 has been in force since 22nd July 2013 through official gazette notification of the government of Bangladesh but due to non-existence of the rules for implementation it is not being implemented, says the concerned authorities. Labour leaders and rights groups, however, allege the government for intentional delay over formulation of the rules, protecting the […]

Foreign companies bared from the commercial service sector

A long-pending legal petition has been hindering foreign companies entering into the Bangladesh’s Commercial Service sector, including the areas of freight forwarding and logistic services, shipping agencies, airlines GSA, distribution and travel agencies alike. The Bangladesh High Court on September 26, 2012 imposed an injunction on granting registration, licence, permission or work permit to any new foreign […]