Workers of closed factories struggling to survive
Workers of closed factories struggling to survive

Nearly 100 factories, large and small, remain shut following widespread vandalism, looting, and arson that began on August 5 last year. Around 100,000 workers who once relied on these factories for their livelihoods are now struggling to survive with their families, living in dire conditions....

Nearly 1.8 million workers at risk as technology advances
Nearly 1.8 million workers at risk as technology advances

Around 1.8 million workers in Bangladesh could lose their jobs if the use of technology in industries surges by 50 per cent. The textile and ready-made garment industries might be the most affected. Other sectors food processing, leather and leather goods, furniture, pharmaceuticals, plastics, and...

Decline in businesses led to increased unemployment
Decline in businesses led to increased unemployment

Finance Adviser Dr. Salehuddin Ahmed has stated that the decline in business activities has led to increased unemployment in the country. However, the interim government is making efforts to address this through financial assistance and incentives in various sectors. He made the remark while...

41 factories permanently shut in Gazipur
41 factories permanently shut in Gazipur

In the past five months, following the fall of the Sheikh Hasina government, Gazipurs industrial landscape has faced a significant upheaval. Fifty-one factories have ceased operations, of which 41 have been permanently shut. Ten factories were announced as temporarily closed, while another seven...

Building a skilled workforce is the core challenge
Building a skilled workforce is the core challenge

While global demand for skilled workers continues to rise, Bangladesh faces a significant challenge in developing and exporting skilled labor. Currently, half of the countrys workforce remains unemployed, and 30 percent lack the education and training needed to secure jobs. Over the past four...

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,...

Over 50,000 garment workers unemployed in a year
Over 50,000 garment workers unemployed in a year

The garment sector, which played a key role in driving Bangladesh into large-scale exports, is now facing multiple crises. At least 76 garment factories have closed in the past year, and over a hundred others are on the brink of closure. Industry insiders attribute the closures to various...

No hope on the horizon
No hope on the horizon

From business leaders to ordinary citizens, everyone in Bangladesh is feeling the weight of an escalating crisis. As Abu Ahmed, a former professor at Dhaka University, put it, There is no good news for the common people. Only desperation is growing. More than five and a half months have passed...

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...