Real-Estate & Infrastructure

The RMG Sustainability Council (RSC) will now handle all workplace-related complaints in the readymade garment (RMG) sector. The organization has been handling only occupational safety and health (OSH) issues so far, but this time its complaint resolution process is being expanded. A notification signed by the organization’s managing director Abdul …

Five major development projects funded by the Japan International Cooperation Agency (JICA) have hit a standstill due to bureaucratic complications and indecision, leaving thousands of crores of taka worth of works in limbo. The Economic Relations Division (ERD), in its latest meeting, expressed serious concern over the stagnation of projects …

The government is likely to transfer the management of the Savar Leather Industrial Estate from the Bangladesh Small and Cottage Industries Corporation to the Bangladesh Export Processing Zones Authority in an effort to boost environmental compliance and revive the country’s leather export sector. A high-level committee, led by Bangladesh Economic …

Experts and stakeholders in Bangladesh’s fintech sector have urged the government to establish a ‘Fintech Forum’ to foster a broader ecosystem and data-driven services aimed at accelerating financial inclusion. They also stressed the need for a stable regulatory framework and consistent policies to support innovation. The calls came at a …

The government has amended three major tax laws as part of an overhaul that will dissolve the National Board of Revenue (NBR) and create two new bodies — the Revenue Policy Division and the Revenue Management Division. On 6 November, separate ordinances were issued to update the Income Tax Act, …

Some 26 fintech innovations and solutions were recognised with the Bangladesh Fintech Awards yesterday. The recognitions were given at the third edition of the Bangladesh Fintech Award, in 14 categories, at a ceremony at the Pan Pacific Sonargaon in Dhaka. Some 12 innovations received honourable mentions, reflecting the diversity and …

Four companies have signed land lease agreements with the Bangladesh Export Processing Zones Authority (Bepza) to invest a total of $111.26 million in the Bepza Economic Zone at Mirsharai in Chattogram. The firms are Tai Ma Shoes (BD) Co Ltd, Bangladesh Songshin Leather Co Ltd, Annray Holding (BD) Co Ltd …

The country’s steel sector experienced a 65% jump in operational cost in the last one year due to the appreciation of the US dollar and a rise in utility bills, said Mohammad Jahangir Alam, president of Bangladesh Steel Manufacturers Association (BSMA). The US dollar’s appreciation caused the 40% rise in …

State Minister for Labour and Employment Md Nazrul Islam Chowdhury on Tuesday said a decision has been taken to provide the salary for March and festival bonuses to readymade garment (RMG) workers before the holiday of the holy Eid-ul-Fitr. The decision was taken in a meeting of the tripartite consultative …

The government on Wednesday introduced a new scheme named “Prottoy” under the Universal Pension Scheme (UPS) for newly recruited employees of self-governed, autonomous, state-owned, statutory organisations and their subordinate bodies. In a notification on Wednesday, the Ministry of Finance said the scheme will be effective from 1 July. The new …