GSP Plus may be at risk if government offices in Bangladesh do not work without “money”
Businessmen and industrialists in Bangladesh said that they have to suffer corruption and harassment when they go to work in various government …
Preparedness for the German Supply Chain Act
On the 11th June 2021 German Parliament (Bundestag) passed a new law, the “Gesetz über die unternehmerischen “Sorgfaltspflichten zur Vermeidung von Menschenrechtsverletzungen in Lieferketten” (Supply Chain Act), which requires large companies to conduct due diligence activities through out entire supply chain, regardless where the products and services originate from. The law obliges these companies to […]
Compliant factories in Bangladesh – Intl. collaboration welcome
While constantly reviewing and updating our extensive internal database about Bangladeshi factories, not only in the ready-made garments (RMG) sector but also …
Foreign employment must be brought under regulations in Bangladesh
Supervisory authority of foreign investments and businesses in Bangladesh, the Bangladesh Investment Development Authority (BIDA) asked all foreign companies and business entities, …
Bangladesh passes EPZ Labour Ordinance
Bangladesh published official gazette about the EPZ Labour Ordinance for the country’s eight Export Processing Zones (EPZs), employing more than half a million …
Enforcement of laws against illegal employment in Bangladesh
The tax authority of Bangladesh, the National Board of Revenue’s (NBR), is joining hands with the law-enforcing agencies and investment promotion authority of …
Maternity Benefits in Bangladesh
Women, performing manual and physical labour other than intellectual, administrative, supervisory or managerial in Bangladesh are entitled to 16 weeks of Paid …
Upto 30 percent less from payments out of Bangladesh
Foreign or non-resident recipients of payments from Bangladesh may be surprised by receiving up-to 30 percent less than the due or invoiced …
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 …
Japanese companies rate Bangladesh as top investment destination: JETRO Survey
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 […]