Keya Cosmetics has announced the permanent closure of four factories under its textile division, effective from 1 May this year, citing severe financial difficulties. As a result, around 8,000 workers ...
Despite a downward trend in the capital market, the textile sector thrived today as investors were more active in this sector. The textile sector accounted for 15.5% of the Dhaka Stock Exchange's (DSE ...
A state advisory council yesterday remained undecided on whether to sell 16 textile and garment factories of Beximco Group, citing that further scrutiny of bank statements was required.
Tens of thousands of workers from 16 apparel factories lost their jobs in December after Beximco's crushing debt left it unable to open new lines of credit or fulfill orders.