As part of the reforms, seven new labour courts are being established, and an online case-management system is being introduced to speed up dispute resolution and enhance transparency.
Business News
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Papageorgiou said that talks on the fifth review would continue over the coming months. He said the Fund remained committed to supporting Bangladesh in its efforts to achieve sustained macroeconomic stability and broad-based economic growth.
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Participants discussed key issues such as environmental compliance, occupational safety, workers’ welfare, and supply chain sustainability.
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Manufacturing
Bangladesh Bank extends export incentives to sub-contracted garment and textile production
The circular further clarified that trading firms or companies not engaged in production would not be eligible for the extended facility. The directive takes immediate effect for products shipped or vessel-loaded from the date of issuance.
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The Bangladesh Business and Disability Network (BBDN) and the BGMEA have signed a historic Memorandum of Understanding to advance inclusive workplaces for PWDs in the RMG sector.
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Trade Data
Bangladesh Government approves 30-year deal with Maersk’s APM Terminals for Laldia terminal
The project is anticipated to create thousands of indirect jobs in transportation, warehousing and allied logistics industries in addition to 500–700 direct local jobs. Bangladesh will earn US $ 21 for every TEU handled, increasing to US $ 23 per TEU for volumes over 900,000.
