A weekly round up of articles about employment, the labour market, skills training and workforce development. Here is the news for the week ending 1st October 2015.
This week in the Bangladesh English Press…
…the Centre for Policy Dialogue examines Bangladesh’s performance on the Global Competitiveness Index. World Bank Vice President is upbeat about the benefits of connectivity. Sweden supports workplace relations in garments businesses. And foreign companies invest in power and water saving technologies.
Human Factor in Country’s Competitiveness
Bangladesh may need to improve higher education and adopt policies that foster a more efficient labour market.
Cooperation in labour-employer relations is a sign of labour market efficiency
According to this year’s Global Competitiveness Report these steps would increase Bangladesh’s competitiveness. The Financial Express covered a presentation of Bangladesh’s performance on the Index.
Cooperation in labour-employer relations is a sign of labour market efficiency and so the Bangladesh Department of Labour’s new project is apt.
Under the project the Swedish government is giving around five million dollars to improve workplace relations in garments businesses reports The Daily Star and The Independent.
The Daily Star writes about a German retail company that wants to increase it current purchase of garments by twenty per cent. The company still sees Bangladesh as a source of low-priced garments. But it will pay higher prices to Bangladeshi companies that use water saving technologies.
The garments sector currently employs around four million people most of whom are women.
Trade and Infrastructure also Vital
Last week we noted the Asian Development Bank’s upward revision of its forecast for economic growth.
Bangladesh can benefit from initiatives that will connect South Asian to its eastern neighbours
This week the World Bank’s Vice President for South Asia says that Bangladesh can benefit from initiatives that will connect South Asian to its eastern neighbours. The Vice President was interviewed by The Daily Star newspaper during her recent visit to Bangladesh.
With these good economic signs it’s no surprise that Skypower will create 42,000 jobs in Bangladesh through its four billion dollar investment in a 2,000 Megawatt solar power plant writes The Independent.