Tag Archives: AnonTex

Production at Risk as AnnonTex Fails Rescheduling EUR 374 Million Default Loans


AnonTex Group fails to reschedule its defaulted loans amounting BDT 3,742 crore or ca. EUR 374 million as the central bank of Bangladesh, the Bangladesh Bank (BB) rejects it’s application, reports the daily Dhaka Tribune. AnonTex Group’s house bank the state-run Janata has been extra-ordinary generous to this particular client fully supporting and pleading for […]

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Another $25m IFC loan to a Bangladeshi company PRAN


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


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 […]