Business owners struggle to bounce back from losses
Business owners struggle to bounce back from losses

Following the StudentPeoples uprising that resulted in the collapse of Sheikh Hasinas government, extensive violence erupted throughout the countrys industrial sector. Several factories in Gazipur, Narayanganj, Ashulia, and Savar were vandalized and set on fire. This halted production and...

Bangladesh experienced 3.53% decrease as EU import drops 3.63%
Bangladesh experienced 3.53% decrease as EU import drops 3.63%

The European Unions apparel imports saw a 3.63% decline from January to August 2024 compared to the same period in 2023, reflecting a broader global trend of reduced apparel consumption. According to the latest data, total imports dropped from US$ 61.56 billion to US$ 59.32 billion....

BGMEA turned into a power factory for pro-AL people
BGMEA turned into a power factory for pro-AL people

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) had become the power factory to grab the position of ministers, MPs, mayors and other partisan posts by showing submissiveness to Awami Laegue (AL) in last 15 years. There was a strong allegation that the leaders of BGMEA had abused...

Labour unrest caused $400m loss in RMG industry: BGMEA
Labour unrest caused $400m loss in RMG industry: BGMEA

The garment sector has suffered a production loss of nearly $400 million due to the recent labour unrest in September and October. Work orders from international clothing retailers and brands are beginning to return as normalcy is restored in the sector, said Khandoker Rafiqul Islam, president...