Tag Archives: Highlight

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 Factory Checks Reveal More Than 80,000 Safety Issues

The two groups of western retailers – Accord and Alliance – have completed their initial inspection of fire, electrical and structural safety of nearly 1,700 garment factories in Bangladesh, identifying flaws in most of the units. Accord, the European Union (EU) based group with 189 members including H&M and Inditex, Tuesday said it had found […]

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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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EU remains concerned about work place safety: MEP

The European Union (EU) is still concerned over worker safety in the garment sector, despite measures taken to strengthen factory standards, according to the head of the visiting delegation of the European Parliament. A four-member delegation of the European Parliament arrived in Dhaka yesterday to assess the post-January 5 general election scenario, human rights situation and […]

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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 […]