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Top 20 loan defaulters in Bangladesh named


one crore =10 million one EUR = BDT 94.53 The honourable Finance Minister of Bangladesh Mr. AHM Mustafa Kamal informed the parliament today that there were 266,118 loan defaulters in the country as of December 2018. A High Court order, however, prevented names of some defaulters from being published, noted the finance minister. The top […]

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EUR 550 million dredging deal with Luxembourg-based company

The Luxembourg-based dredging company Jan De Nul Group (JDN) signed a Joint-Venture agreement with the Payra Port Authority (PPA) of Bangladesh on the on 11 December 2017 for the Payra Deep-sea Port dredging project, valued EUR 550 million setting up a Jan De Nul Group’s subsidiary the Payra Dredging Company Limited (PDCL) under the Public-Private […]

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Land tariffs for 17 economic zones in Bangladesh set

The government of Bangladesh has finalised the tariffs for leasing lands to investors in 17 economic zones across the country. Bangladesh Economic Zone Authority (BEZA), an attached agency of the Prime Minister’s Office (PMO), got the approval to the land tariffs in its recent fifth governing committee meeting with Prime Minister Sheikh Hasina in the […]

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Another $25m IFC loan to a Bangladeshi company PRAN


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

Korean Export Processing Zone at serious risk


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 […]