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Japanese companies rate Bangladesh as top investment destination: JETRO Survey

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Competitive wages, low energy prices and cheap production cost as a result, rated Bangladesh the top investment destination for Japanese companies last year, according to a recent survey. The Japan External Trade Organisation (JETRO) conducted the survey on more than 20 countries in Asia and Oceania, which found Bangladesh as the most lucrative investment destination both in manufacturing […]

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Bangladesh among worst places to work: Garment sector found to be key culprit

Bangladesh is one of the ‘worst’ places in the world to work, where workers’ rights are not guaranteed, according to a global survey. The International Trade Union Confederation (ITUC), in a survey launched on Wednesday, ranks Bangladesh, along with 27 other countries, on the fifth category-a sign of “no guarantee of rights”. It, however, referred […]

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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 […]

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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 […]

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Amended Bangladesh Labour Act in force but not implemented

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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 […]

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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 […]

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RMG sub-contractors continue operations violating existing laws

Business for about 800 non-compliant ready-made garment (RMG) factories in Bangladesh goes on violating existing social, environmental and safety laws after more than a year and half of the Rana Plaza disaster which killed 1,135 innocent people. As sub-contractor these factories continue production for the global retailers and brands in very poor working condition and safety records through better presented factories. The Bangladesh ministry of […]

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Is BGMEA Firewall against foreigners in the RMG sector losing heat?

The government of Bangladesh has reached a consensus with the country’s Ready-made Garments (RMG) industry associations to allow Foreign Direct Investment (FDI) outside the export-processing zones (EPZs) under certain conditions. The final and decisive blow for such agreement may have come from Japan, which, during it’s Prime Minister Shinzo Abe’s 21-hour visit to Bangladesh on the […]

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No Trade Union – Workers’ Welfare Associations at EPZ

Bangladesh Commerce minister ruled out the possibility of any further changes to the Bangladesh Export Processing Zone (EPZ) Labour Act 2014,  regarding Trade Union (TU) activities in the Bangladesh’s eight EPZs, employing 360,000 workers. He said this on Thursday in Dhaka while speaking to the media about the outcomes of his recent meeting with the European […]

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Board of Investment (BoI) will be replaced

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A new authority will replace the Board of Investment (BoI) and Privatisation Commission (PC) under a merger scheme, now underway at the official level. One of the main functions of the newly created authority will be to bring dynamism in wooing Foreign Direct Investment (FDI) to Bangladesh. Official sources confirmed on Monday that the name of […]

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Korean Export Processing Zone at serious risk

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Instead of handing over the Korean Export Processing Zone (KEPZ) to the investor, the government of Bangladesh plans to take back […]

Dhaka needs to remove its rocky anti-FDI atmosphere

Korean Ambassador to Bangladesh Lee Yun-young

Korean Ambassador to Bangladesh Mr. Lee Yun-young has said Bangladesh should come out from protectionism and open up its market […]

‘Welfare Associations’ to negotiate for rights at Bangladesh EPZ

The Government of Bangladesh today approved, in principle, draft of a labour law for Export Processing Zones (EPZ) with the provision […]

Return of GSP seems far off – a lot more must be done

Bangladesh’s progress in implementation of the National Tripartite Plan of Action on Fire Safety and Structural Integrity (the Action Plan) which provides a […]

Bangladesh halts shutdown of “unsafe” factories

The Bangladeshi government is refusing to shut down garment factories declared unsafe, following a row with independent inspectors over the […]

Yawning gap between pledges and delivery to Rana Plaza victims

Many Rana Plaza victims are yet to receive the promised compensation from the government and retailers, nine months after the […]