Tag Archives: Featured
Agriculture & Fisheries 27 June 2021

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 […]

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FDI, Finance & Investment, Insights 12 January 2021

Uttara Finance & Investments Ltd BDT 5,100cr scam: UTTARAFIN

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1 crore =10 million & 1 EUR = BDT 102.67 Loan applications to financial institutions in Bangladesh require five layers of scrutiny before being approved, usually. The Uttara Finance and Investment Limited, a non-bank financial institution and publicly traded company in Bangladesh under the Dhaka Stock Exchange (DSE) trading code UTTARAFIN did not followed any of the […]

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Laws & Rights 15 November 2018

Maternity Benefits in Bangladesh

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Women, performing manual and physical (other than intellectual, administrative, supervisory or managerial) labour in Bangladesh are entitled to 16 weeks of Maternity Benefits. The terms and conditions of employment, including the Maternity Benefits, of the female staff at the intellectual, administrative, supervisory or managerial positions should be regulated in the employment contract. No paid maternity leave shall be […]

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FDI 5 May 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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Agriculture & Fisheries 1 November 2020

Another $25m IFC loan to a Bangladeshi company PRAN

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

FDI 21 September 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 24 August 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 7 July 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 3 July 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 4 June 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 […]