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Sourcing from Bangladesh is expected to be 9% higher

Bangladesh is likely to lose about $2.7 billion in export earnings every year once it graduates from the Least Developed Country (LDC) bracket. Upon graduation from the LDC status, exports will be subjected to 6.7 percent additional tariff as duty-free and quota-free benefits from different countries and trading partners will be withdrawn, according to a […]

Explosives screening mandatory for direct cargo services to the EU

The European Union (EU) authorities include Bangladesh to the high-risk countries in terms of operating direct cargo services to the EU, according to the Civil Aviation Authority of Bangladesh (CAAB). The EU Ambassador to Bangladesh Pierre Mayaudon informed this decision at a meeting with CAAB Chairman Air Vice-Marshal Ehsanul Gani Chowdhury at the latter’s office yesterday, meeting sources […]

Ett mysigt sovrum, ett kontor och massor av bekvämligheter i Gulshan, Dhaka

Bo och arbeta i Gulshan, Dhaka, Bangladesh, hos en europeisk familj för endast €55 per dag. Detta är en perfekt möjlighet för affärsresande, konsulter, kort-tids besökare och studenter. FÖRMÅNER TILLGÄNGLIGHET Ett sovrum med en dubbelsäng Balkong och massor av ljus En miljövänlig Air-condition Ett badrum med varmt och kallt vatten En arbetsplats inklusive skrivbord, skrivare […]

50% of Bangladesh’s Businesses are at Credit Default Risk

Business leaders have urged the government of Bangladesh to extend the moratorium facility on loan instalments at least until June this year. The businesses made the demand at a meeting of the Council of Chamber Presidents-2022 on Saturday. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) arranged the meeting in Dhaka, reports UNB. […]

Bangladesh workplace deaths double in 2016

Bangladesh has been struggling for repairing it’s damaged reputation as unsafe workplace, particularly after the collapse of the Rana Plaza factory building on the 24th April 2013 killing 1,135 innocent people. It has experienced 1,402 casualties in the workplace last year, according to a report published by the Bangladesh Institute of Labour Studies (BILS). Last year 699 […]

Sustainability Compact – Achievements and Challenges

In response to the collapse of the Rana Plaza factory in April 2013, the Government of Bangladesh (GoB), the International Labour Organisation (ILO), the European Union (EU) and the United States (joined later) engaged in a joint initiative known as “Compact for Continuous Improvements in Labour Rights and Factory Safety in the Ready-Made Garment and […]

Bangladesh Sustainability Compact Achievements

Sustainability Compact achievements may be categorised in Technical and Legislative achievements. Technical Achievements: Out of more than 7,000 factories, as of March 2017 approximately 1,580 factories have been inspected and 55 terminated by the Accord on Fire and Building Safety in Bangladesh for reasons of workplace safety. The Government of Bangladesh, in collaboration with the ILO […]

Bangladesh Sustainability Compact – Tasks Ahead

The visiting delegation of Members of the European Parliament (MEPs) in the last week of March, led by Socialists and Democrats Co-rapporteur Mr. Arne Lietz, called on Bangladesh to address four issues: full alignment of the EPZ draft law Bangladesh Labour Act with the UN core Labour Convention modalities for establishing trade unions and the […]

Default loans rise to 10.53pc in Bangladesh

The nonperforming loans in the banking sector increased by Tk 11,237 crore in the first three months of 2017 — a development that has been attributed to seasonality by bankers, according to a report in the Daily Star. “It is a common trend that default loans soars in the first quarter of a year due […]