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 […]

Russian ambassador accuses western countries of interfering in internal affairs of Bangladesh

Meanwhile, Bangladesh has signed an agreement with Russia for satellite launch. Recently, during the visit of French President Emmanuel Macron to Bangladesh, an announcement was made to purchase satellite from France. Due to which a situation of confusion has arisen. When asked about the matter, Russian Ambassador Alexander Mannitsky said, “Discussions regarding technical issues of […]

American apparel company sets condition of not buying apparel if Bangladesh is banned

Confirming the matter, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Farooq Hasan told Prothom Alo on Wednesday that a buyer organization has included a general condition in its LC. It said that if Bangladesh faces any sanctions then they will not get any products. He further said that the company also clarified that even […]

Government and business leaders discuss addressing weaknesses in labor rights at Commerce Ministry meeting

Businessmen who attended the meeting said that currently, trade union registration requires signatures of 20 per cent of workers, and an initiative has been taken to reduce this requirement. Under the proposed amendment to the Bangladesh Labor (Amendment) Bill-2023, if the total number of workers in an organization is up to 3,000, 20 percent should […]

Foreign Minister Abdul Momen asked where America was successful in bringing democracy by imposing sanctions?

Foreign Minister AK Abdul Momen asked where America succeeded in bringing democracy by imposing sanctions? “I asked them (US officials) in which country did you establish democracy by imposing sanctions? You banned Nigeria, Cambodia and Hungary. Did you succeed anywhere? He replied that nowhere. So these are useless. Such things create tension,” Momen said while […]

Remittances from America almost halved

According to Bangladesh Bank data, the top 10 sources of remittance income are the United Arab Emirates (UAE), Saudi Arabia, the United Kingdom, the United States, Oman, Malaysia, Kuwait, Italy, Qatar and Bahrain. Together, these 10 countries account for 88 percent of total remittance income. However, remittances increased from three countries – UAE, UK and […]