Tag Archives: Featured
FDI May 5, 2014

NY private equity firm to invest $200m in RMG in Bangladesh

Haystack

TAU Investment Management LLC, a New York-based growth-equity venture investment firm is currently in the process of raising a US$1.0 billion for modernisation of the garment and textiles industries in Bangladesh, Indonesia, Cambodia, Vietnam China and, to lesser extend, in Turkey. The fund is backed by the Soros family, Yahoo co-founder Jerry Yang and the Global […]

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Legal April 19, 2014

Bangladesh Govt. draft policy for RMG sub-contracting

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The government of Bangladesh has drafted a new policy to bar non-compliant sub-contracting readymade garment (RMG) factories from doing business with exporters, official sources said. The government, after consulting local and international stakeholders, is framing the new ‘sub-contracting policy 2013’ with a view to ensuring a positive working environment in the sub-contracting business. The policy […]

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Insights January 27, 2014

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 Bangladesh’s worst industrial disaster on 24th April 2013. To date, families of 777 of the 1,135 dead workers have received from EUR 1,000 to 5,000 thousands Euro each from the Prime Minister’s Fund, while the […]

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Insights September 21, 2014

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 […]

Insights August 24, 2014

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 […]

Insights July 7, 2014

‘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 […]

Insights July 3, 2014

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 […]

Insights June 4, 2014

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 […]

Insights January 27, 2014

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 […]