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Bangladesh to clear all overdue LCs within six months

Bangladesh will clear all overdue payments relating to letters of credit (LCs) within the next five to six months, Bangladesh Bank (BB) Governor Ahsan H Mansur assured correspondent banks yesterday. The central bank governor made the commitment during a virtual…

BGMEA seeks IndustriALL support to prevent labour unrest

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought the cooperation of the IndustriALL Bangladesh Council (IBC) leaders to ensure that there is no labour unrest. The request was made during a meeting held on August 31 at the…

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