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, …
Liquidity crunch in the banking sector deepening
one crore =10 million one EUR = BDT 94.53 Liquidity crunch in the banking sector is deepening due to slow growth of …
Default loan outpace recovery rate in Bangladesh
one crore =10 million one EUR = BDT 94.53 The pace of recovery of banks’ non-performing loans (NPL) was much lower than …
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 …
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 …
Workers’ anger in the strategy of the owner
Workers’ lowest grade or 7 grade wages increased to Tk. 2,700 The basic wage is Tk 1,100 Wages for all other grades …
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 (other than intellectual, administrative, supervisory or managerial) labour in Bangladesh are entitled to 16 weeks of Maternity …
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 …