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 […]
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 […]
Board of Investment (BoI) will be replaced

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 […]
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 […]