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
Govt submits to ILC time-bound action plan on labour rights
The government has promised to produce the draft of the revised EPZ law before an International Labour Organisation committee by the end of November and that of the revised labour law by the end of December this year with necessary changes in the laws in line with the recommendations of the ILO, New Age reported.
The report said that the government submitted the time-bound action plan to the two-day 106th International Labour Conference (ILC), which began Tuesday in Geneva of Switzerland in response to the call of the European Union regarding labour rights issues.
It added that Bangladesh promised that a draft of the new EPZ legislation would be shared by November 2017 after consultation with the ILO.
Govt commits amendments to labour, EPZ laws by December
The government has sought time until November and December 2017 to amend the EPZ and labour laws in the light of recommendations of the ILO, the Financial Express reported.
The report said that the government, in its paper submitted to the 106th International Labour Conference (ILC), now in progress in Geneva, has set the deadline.
The report said that the timeframe has been made in response to the recent call from the European Union as well.
Bangladesh sees decline in export to Australia
Merchandise export to Australia declined by 6.33 per cent in the 11 months of the current fiscal year (FY17), the Financial Express reported.
The report said that the value of export to Australia stood at $603 million in July-May period of the current fiscal year, according to the latest statistics of the Export Promotion Bureau.
It added that in the same period of FY16, export earnings from Australia stood at $644.91 million.
