Traffic jam on Tejgaon Link Road due to blockade by textile workers

Due to congestion caused by the blockade, officials have advised pedestrians and commuters to use alternative routes. Gulshan traffic police said vehicles can travel between Uttara and Mohakhali using the elevated expressway. Additionally, commuters heading towards Tejgaon from Uttara, Gulshan and Banani have been advised to use the Mohakhali flyover. From Kakoli intersection, travelers can […]

Government’s decision to cut export incentives raises concerns in Bangladesh

Exporters say the global economy is going through stress due to the coronavirus pandemic, followed by the Russia-Ukraine war and the Hamas-Israel war. Demand for various products including readymade garments has decreased. In these difficult times, the size of the Export Development Fund (EDF) was reduced last year. The cost of business is continuously increasing. […]

EU trade regulations: risks of sanctions and fines for non-compliance in Bangladesh

The International Business Forum of Bangladesh (IBFB) organized the roundtable, which was attended by Charles Whiteley, EU Ambassador and Head of Delegation to Bangladesh, as the chief guest. The meeting was presided over by IBFB President Humayun Rashid. EU Deputy Chief of Mission, Bernd Spanier delivered the keynote address, while Bangladesh Garment Manufacturers and Exporters […]

Upcoming Bangladesh Elections: Foreign Minister said there will be no secret agreements with foreigners

While various countries, especially Western countries, were urging free and fair elections, there has been a notable change in their statements. Asked if this suggested any compromise, Abdul Momen clarified, “We did not feel any pressure. The issue of pressure is raised by the media. We are committed to free, fair and conflict-free elections. Nothing […]

US sanctions and Bangladesh’s labor rights: Business leaders speak at Dhaka seminar

Somewhat echoing the voice of factory owners on labor rights issues, Amirul Haq, president of labor coalition body Industrial Bangladesh Council (IBC), said there have been several talks on restrictions recently. “However, we want to make it clear that the country is not in such a bad position to face sanctions. Labor standards have improved […]