[Bangladesh] Grameenphone gives Tk 300m to labour welfare fund [Bangladesh] Grameenphone gives Tk 300m to labour welfare fund

[Bangladesh] Grameenphone gives Tk 300m to labour welfare fund
29 Jul 2020

On July 26 mobile telecommunications operator Grameenphone contributed Tk 300 million to the Bangladesh Labour Welfare Foundation Fund, according to a press statement from the company. Chief Human Resources Officer Syed Tanvir Husain led a three-member delegation from Grameenphone which presented its cheque to the Secretary of the Ministry Mr K. M. Abdus Salam at the Secretariat.

Under Bangladesh labour law, at the end of the year domestic and foreign companies must contribute one-tenth of 5 per cent of their profits to this fund. Grameenphone is the highest contributor to the Bangladesh Workers Welfare Foundation having so far deposited TK 1.51 billion. The Financial Express reports on the cheque handover event, with comments from Mr Abdus explaining the purpose of the fund.

On July 26 mobile telecommunications operator Grameenphone contributed Tk 300 million to the Bangladesh Labour Welfare Foundation Fund, according to a press statement from the company. Chief Human Resources Officer Syed Tanvir Husain led a three-member delegation from Grameenphone which presented its cheque to the Secretary of the Ministry Mr K. M. Abdus Salam at the Secretariat.

Under Bangladesh labour law, at the end of the year domestic and foreign companies must contribute one-tenth of 5 per cent of their profits to this fund. Grameenphone is the highest contributor to the Bangladesh Workers Welfare Foundation having so far deposited TK 1.51 billion. The Financial Express reports on the cheque handover event, with comments from Mr Abdus explaining the purpose of the fund.

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