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.
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 ...
The advisory council committee that reviewed the labour and business situation of industrial establishments in Beximco Industrial Park revealed that Tk12,000 crore of loans have been taken against 16 ...