Production at Risk as AnnonTex Fails Rescheduling EUR 374 Million Default Loans
AnonTex Group fails to reschedule its defaulted loans amounting BDT 3,742 crore or ca. EUR 374 million as the central bank of …
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 to Pran-RFL …
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 …
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 …
Sourcing from Bangladesh is expected to be 9% higher
Bangladesh is likely to lose about $2.7 billion in export earnings every year once it graduates from the Least Developed Country (LDC) …
Explosives screening mandatory for direct cargo services to the EU
The European Union (EU) authorities include Bangladesh to the high-risk countries in terms of operating direct cargo services to the EU, according to …
Bangladesh workplace deaths double in 2016
Bangladesh has been struggling for repairing it’s damaged reputation as unsafe workplace, particularly after the collapse of the Rana Plaza factory building on …
Sustainability Compact – Achievements and Challenges
In response to the collapse of the Rana Plaza factory in April 2013, the Government of Bangladesh (GoB), the International Labour Organisation …
Bangladesh Sustainability Compact Achievements
Sustainability Compact achievements may be categorised in Technical and Legislative achievements. Technical Achievements: Out of more than 7,000 factories, as of March 2017 …
Bangladesh Sustainability Compact – Tasks Ahead
The visiting delegation of Members of the European Parliament (MEPs) in the last week of March, led by Socialists and Democrats Co-rapporteur …