Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
After a lot of trials, tests and moves, Bangladesh Bank finally accepted the IMF's conditions and adopted a new foreign exchange system. The crawling peg is not completely market-based. The dollar will remain at a moderate rate, like currently 117 taka. The exchange rate will remain around this. It is not that this will solve […]
Bangladesh has achieved significant progress in skills development, particularly in ensuring access and equality for marginalized groups such as women, indigenous communities and persons with disabilities. The Bangladesh delegation, while briefing a high-level panel at the International Labor Organization (ILO) headquarters in Geneva, Switzerland, said that these efforts are closely aligned with the government's stated […]
At the beginning of the discussion, Law Minister Anisul Haq highlighted the measures taken by Bangladesh in compliance with the ILO Roadmap. He reiterated Bangladesh's strong political commitment to amending the existing labor law and said that if Bangladesh does not receive due recognition for its efforts to improve the situation, it could lead to […]
The UN agency also took note of the roadmap of actions submitted by the Government, which was developed around four priority areas: labor law reform; trade union registration; labor inspection and enforcement; and addressing anti-union discrimination and unfair labor practices and acts of violence against workers The ILO wants the participation of workers required to […]
When workers are provided safe working conditions, equal treatment and opportunities, labor rights and fair wages, their economic well-being and dignity are maintained. To advance social justice and create an inclusive society, the labor sector needs to create and promote widespread awareness of workers' rights as well as their skilling and re-skilling on new technologies. […]
Bangladesh Bank has canceled the transfer of funds from normal banking channels to offshore units and asked banks to bring back the funds already transferred within the current year. In such a backdrop, banks can no longer use dollars borrowed from various foreign banks. The new system will allow them to deposit dollars with the […]
According to the Bangladesh Bureau of Statistics (BBS) Bangladesh Sample Vital Statistics Report 2022, about 41 percent of youth in Bangladesh are inactive. This means that they are neither in education, employed nor receiving any on-the-job training. Notably, the rate of inactivity among girls is quite high, at 61.71 percent, while among boys it is […]
For this reason, the Debt Management Department made several recommendations. These include making necessary arrangements in the electronic system of Bangladesh Bank for placing the bonds as collateral; To adjust the funds from the current accounts of the banks by releasing the lien of the collateral bonds on maturity and depositing those funds in the […]
At present banks are not opening LC for import of commercial food items without advance dollar arrangement. As a result, imports of these goods have fallen. Also, along with commercial banks, the central bank is providing dollars from reserves for the import of essential goods. Imports of essential goods are thus being kept at normal […]
The visiting European Union (EU) delegation has sought to know whether the International Labor Organization (ILO) is satisfied with the recently amended Labor Act of Bangladesh. He also discussed some other issues including freedom of expression, meetings and arbitrary arrests during a meeting with the Foreign, Commerce and Labor and Employment Secretaries at the State […]
As a follow-up to the 5th Global Conference on the Elimination of Child Labour, the Ministry of Labor and Employment (MOLE) and UNICEF organized a national workshop to track progress on the implementation of the NPA (National Plan of Action). Press release. Begum Monnujan Sufiyan, Minister of State, Ministry of Labor and Employment (MOLE) presided […]
