CPD RMG Study Stitching a better future for Bangladesh
Every day, CPD RMG Study team reveals what’s on our economic and apparel radar and curates a selection of the best reports, opinion, and analysis you may have missed
Epz Labour Act: Draft to be placed in House soon
Bangladesh will soon place the draft law of the proposed Export-Processing Zones (EPZ) Labour Act, 2016, to the Parliament after a review in August to bring the necessary amendment as per the requirement of the ILO, the Daily Star reported.
The report said that Bangladesh submitted this commitment to the Conference Committee on the Application of Standards at the annual conference of the International Labour Organisation (ILO), now in progress in Geneva.
International communities, especially, the EU and the US, have been putting pressure on Bangladesh’s government over the last few years to bring the necessary amendment to the EPZ laws for allowing full freedom of association, the report added.
Muhith hints at changing excise duty on bank balance
Finance Minister AMA Muhith hinted at possible changes to the proposed hike in excise duty on bank-account balance that triggered widespread criticism, the Financial Express reported.
“This is a budget proposal. I told it earlier that the issue will be discussed at the parliament and finalised then,” the report quoted the Finance Minister as saying.
