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 […]
Bangladeshi Ready-Made-Garment (RMG) manufacturers are struggling to survive because of a poor cash flow caused by delays in payments by international …
one crore =10 million one EUR = BDT 101.16 By mid-July three of America’s biggest banks have set aside a combined USD …
1 crore (cr) = 10 million – BDT 96.91 = 1 EUR The central bank of Bangladesh, the Bangladesh Bank (BB) skipped …
Political Germany was one of the first European countries to recognise Bangladesh’s independence from Pakistan, the then German Democratic Republic (East Germany) …
one crore =10 million one EUR = BDT 94.53 Liquidity crunch in the banking sector is deepening due to slow growth of …
one crore =10 million one EUR = BDT 94.53 The pace of recovery of banks’ non-performing loans (NPL) was much lower than …
Women, performing manual and physical labour other than intellectual, administrative, supervisory or managerial in Bangladesh are entitled to 16 weeks of Paid …
Bangladesh’s currency, the Taka or BDT, continues losing value, most rapidly since May 2022, when it was traded at 90.09 for one …
Businessmen and industrialists in Bangladesh said that they have to suffer corruption and harassment when they go to work in various government …
Business leaders have urged the government of Bangladesh to extend the moratorium facility on loan instalments at least until June this year. The businesses made the demand at a meeting of the Council of Chamber Presidents-2022 on Saturday. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) arranged the meeting in Dhaka, reports UNB. […]
Sustainability Compact achievements may be categorised in Technical and Legislative achievements. Technical Achievements: Out of more than 7,000 factories, as of March 2017 approximately 1,580 factories have been inspected and 55 terminated by the Accord on Fire and Building Safety in Bangladesh for reasons of workplace safety. The Government of Bangladesh, in collaboration with the ILO […]
Whiteleg or Vannamei shrimp was introduced to India in 2009 in an almost wholesale shift from traditional Black Tiger shrimp farming, raising high hope for farmers and investors promising high yield, profitability and disease resilience. This enabled India to gain better market access in the USA ranking it as top exporter of shrimp in the […]
The highest ranking official of the foreign investment promotion and supervision authority of Bangladesh, the Bangladesh Investment Development Authority (BIDA), does not …
While constantly reviewing and updating our extensive internal database about Bangladeshi factories, not only in the ready-made garments (RMG) sector but also …
Bangladesh no longer requires introduction as global sourcing hub for major clothing brands of the world. The fierce suppression of the FOB …
Bangladesh, globally hailed as a potential gas basin, has long been in the grip of an acute gas crisis thanks to lack …
