CPD RMG Study Stitching a better future for Bangladesh
EU buyers cut business ties with 8 more RMG factories
A consortium of European brands and buyers has recently terminated business relations with eight more readymade garment factories in Bangladesh as the companies failed to ensure workplace safety as per the standards of the group, New Age reported.
With the eight, the Accord on Fire and Building Safety in Bangladesh has so far cut business relations with 97 RMG factories on ground of safety issues, the report added.
Stop loan concentration in few big businesses
The central bank asked the commercial banks to avert loan concentration in single big groups or sectors through diverting their investment portfolios to minimise default risks, the Financial Express reported.
In another major directive, the banks have been advised not to mention the names of specific universities or subjects from now on for recruitment of officials, particularly Management Trainee Officer (MTO) and Probationary Officer (PO),the report added.
