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Finance & Investment

BGCCI International Webinar: Post-COVID Economic Relations between Bangladesh & Germany

In response to the collapse of the Rana Plaza factory in April 2013, the Government of Bangladesh (GoB), the International Labour Organisation (ILO), the European Union (EU) and the United States (joined later) engaged in a joint initiative known as “Compact for Continuous Improvements in Labour Rights and Factory Safety in the Ready-Made Garment and […]

Uttara Finance and Investments Ltd BDT 5,100cr scam: UTTARAFIN

Loan applications to financial institutions in Bangladesh require five layers of scrutiny before being approved, usually. The Uttara Finance and Investment Limited, a non-bank financial institution and publicly traded company in Bangladesh under the Dhaka Stock Exchange (DSE) trading code UTTARAFIN, did not followed any of the procedures for disbursing a large amount of loans, […]