Tag Archives: Morenews

Korean Export Processing Zone at serious risk

korean-epz-01

Instead of handing over the Korean Export Processing Zone (KEPZ) to the investor, the government of Bangladesh plans to take back part of the 2,492 acres of land allotted to the KEPZ 16 years ago. The country’s largest private export processing zone is in a web of land-related and legal tangles triggered mainly by the non-cooperation […]

Read More Comments Off on Korean Export Processing Zone at serious risk

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 for foreign investors through removing its anti-FDI (foreign direct investment) atmosphere. “As Bangladesh’s ‘enduring friend’, Korea wants to see more success stories through a stronger partnership with Bangladesh in the coming days overcoming all the […]

Read More Comments Off on Dhaka needs to remove its rocky anti-FDI atmosphere

‘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 to allow workers to form welfare organisations to bargain for their rights. The approval of the draft law was given at a regular meeting of cabinet held at Secretariat with Prime Minister in the chair. A special […]

Read More Comments Off on ‘Welfare Associations’ to negotiate for rights at Bangladesh EPZ

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 basis for the U.S.A. to consider the reinstatement of Generalised System of Preferences (GSP) trade benefits remains bellow expectation, according to an interagency review led by the Office of the U.S. Trade Representative (USTR). Economic impact […]

Read More Comments Off on Return of GSP seems far off – a lot more must be done

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 strength of concrete used in the buildings, officials said on Tuesday. Inspectors hired by Western retailers have been checking the structural safety of factories in the wake of the collapse of the Rana Plaza complex […]

Read More Comments Off on Bangladesh halts shutdown of “unsafe” factories

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 […]

Read More Comments Off on Yawning gap between pledges and delivery to Rana Plaza victims

Korean Export Processing Zone at serious risk

korean-epz-01

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 […]