Factories getting closed, unemployment increases
Factories getting closed, unemployment increases

The discontent of factory workers and unemployment are increasing day by day due to shut down of factories, one after one. The helpless workers are also getting involved in outlaw activities like vandalizing the factories, arson and other crimes. According to the concerned people of this sector,...

Workers block roads in Ashulia over unpaid wages
Workers block roads in Ashulia over unpaid wages

Disgruntled workers in Ashulia, near Savar, staged a road blockade on Monday, demanding payment of overdue salaries and other benefits. The demonstration caused severe traffic congestion along a six-kilometer stretch of the Ashulia-DEPZ-Abdullahpur road between Jamgora and Zirabo. The protest...

Factories closing, stagnation in investment
Factories closing, stagnation in investment

With a growing number of factory closures, Bangladeshs economic outlook is becoming increasingly uncertain; also stagnant investment is signaling a broader crisis. Private sector credit has hit a 42-month low, while rising interest rates and a faltering business environment have dampened both...

12 dead, 3 injured in explosives factory blast in western Turkiye
12 dead, 3 injured in explosives factory blast in western Turkiye

A powerful explosion at an explosives factory in the Karesi district of Balıkesir, western Turkiye, claimed 12 lives and left three others injured on Tuesday, reads a Daily Sabah report. The incident occurred in the factorys capsule production section in the rural Kavaklı neighborhood. The...

50,000 Beximco workers lose jobs, living in despair
50,000 Beximco workers lose jobs, living in despair

The sudden closure of Beximco Groups factories has plunged approximately 50,000 workers into unemployment, leaving them in dire straits. This abrupt job loss has not only affected the workers but also the local landlords, service providers, and shopkeepers who depended on their patronage. In the...