Dhaka, Jan. 27 -- In 2025, Bangladesh's interim government issued 78 ordinances covering labour rights, judicial procedures, digital security, and constitutional governance. These ordinances carry economic consequences. As economic activity is ultimately governed by law, changes in rules and institutions directly affect transaction costs, property rights, and investment incentives. In turn, these legal changes alter expected returns, risks, and bargaining positions.

Previously, to form a union, workers needed to meet a 20 per cent membership threshold. This meant that a factory with 100 workers required mobilising 20 workers, whereas a factory with 500 workers needed 100 workers to form a union. For medium to large factories, meeting thi...