Archive | Industries RSS feed for this section

Preparedness for the German Supply Chain Act

due-diligence-on-supply-chains

On the 11th June 2021 German Parliament (Bundestag) passed a new law, the “Gesetz über die unternehmerischen “Sorgfaltspflichten zur Vermeidung von Menschenrechtsverletzungen in Lieferketten” (Supply Chain Act), which requires large companies to conduct due diligence activities through out entire supply chain, regardless where the products and services originate from. The law obliges these companies to […]

Read More Comments Off on Preparedness for the German Supply Chain Act

Delays and Delivery Default Risks Unavoidable

image

Since beginning of the global COVID crisis Bangladesh enforced multiple local, regional and national lockdowns with various level of intensity and effectiveness. The Ready-Made-Garments (RMG) industry, backbone of the Bangladesh’s economy contributing up-to 80% of the country’s export, however, remained unaffected from lockdowns fearing worst economic consequence with social and political risks in case millions […]

Read More Comments Off on Delays and Delivery Default Risks Unavoidable

ভেনামী চাষে হোঁচট খেয়ে বাগদায় ফেরৎ

vannamei_shrimp

২০০৯ খ্রীষ্ঠাব্দ থেকে ভারতে পাইকারী হারে ঐতিহ্যবাহী বাগদা (ব্ল্যাক টাইগার) চিংড়ি চাষের পরিবর্তে ভেনামী (হোয়াইটলেগ) চিংড়ি চাষের সূত্রাপাত ঘটে। সেসময় ভেনামীর উচ্চফলন, বেশী লাভ এবং রোগবালাই সহনশীলতার প্রতিশ্রুতি চিংড়ি চাষী এবং বিনিযোগকারীদের মধ্যে উচ্চ আকাঙ্খার সঞ্চার করেছিল। ভেনামী চাষ ভারতকে অল্প সময়ের মধ্যেই মার্কিন যুক্তরাষ্ট্রের বাজারে প্রবেশ করতে সাহায‍্য করে এবং একটা ভাল অবস্থানে নিয়ে […]

Read More Comments Off on ভেনামী চাষে হোঁচট খেয়ে বাগদায় ফেরৎ

Back to Black Tiger as Profits Plunge

black_tiger_shrimp

Whiteleg or Vannamei shrimp was introduced to India in 2009 in an almost wholesale shift from traditional Black Tiger shrimp farming, raising high hope for farmers and investors promising high yield, profitability and disease resilience. This enabled India to gain better market access in the USA ranking it as top exporter of shrimp in the […]

Read More Comments Off on Back to Black Tiger as Profits Plunge

Compliant Factories in Bangladesh – Intl. collaboration welcome

image

While constantly reviewing and updating our extensive internal database about Bangladeshi factories, not only in the ready-made garments (RMG) sector but also across the board, we find increasing number of compliant factories in Bangladesh, which encourages us to continue and strengthening efforts further. Our time-consuming, detail and surgical data analysis is the core of our […]

Read More Comments Off on Compliant Factories in Bangladesh – Intl. collaboration welcome

Gas reserve potential left unexplored in Bangladesh

image

Bangladesh, globally hailed as a potential gas basin, has long been in the grip of an acute gas crisis thanks to lack of gas exploration initiatives, said experts. In the past 12 years, only 18 exploration wells have been dug with the discovery of four gas fields, according to the Bangladesh Oil, Gas and Mineral Corporation, […]

Read More Comments Off on Gas reserve potential left unexplored in Bangladesh

Facts Check: Power Generation in Bangladesh

image

by Prof. Badrul Imam* Bangladesh now has a power generation capacity in excess of 21,000 MW. On the other hand, power demand and generation in mid-February this year were in the range of 9,000 MW, less than half of the overall capacity. Even last summer the peak demand and generation hardly reached 12,000 MW. Considering […]

Read More Comments Off on Facts Check: Power Generation in Bangladesh

Japan fails to secure VAT Exemption for JICA funded project in Bangladesh

Japan government’s hard fought prestigious Matarbari Power Plant Project in Bangladesh is in a dilemma over exemption of Value Added Tax (VAT) for the construction of the Matarbari coal-fired power plant. The two year long stand-off between Japan and Bangldesh could not be resolved as both sides remains firm in their position. Japan wishes not to be discriminated and […]

Read More Comments Off on Japan fails to secure VAT Exemption for JICA funded project in Bangladesh

Alibaba and Amazon to build network in Bangladesh

image

The postal division is going to collaborate with global e-commerce giants Alibaba and Amazon to deliver their products across Bangladesh, reports the Daily Star. A pilot project will be launched within a short time, said Tarana Halim, state minister for telecom and postal division, after a meeting with the postal department yesterday at her office. […]

Read More Comments Off on Alibaba and Amazon to build network in Bangladesh

Some Recommendations on Overcoming the Crisis in the Leather Industry

image

by Mr. Mosharraf Hossain Bhuiyan* Ambassador of Bangladesh to Germany Jute was the main cash crop of East Pakistan (present day Bangladesh) during the Pakistan period. Jute and jute products were the main exports of Pakistan – sixty-five percent of the country’s national income originated from the agricultural sector. The presence and position of tea and leather […]

Read More Comments Off on Some Recommendations on Overcoming the Crisis in the Leather Industry

Another $25m IFC loan to a Bangladeshi company PRAN

pran_logo

International Finance Corporation (IFC), the private sector development arm of the World Bank Group, has provided yet another $25 million loan […]

Korean Export Processing Zone at serious risk

korean-epz-01

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 […]