RMG factory closed for blockade, strikes

Last updated: February 17, 2015

Dhaka, Bangladesh (BBN)- Authorities of a readymade garment (RMG) have closed factory for indefinite period at Ashulia in Savar due to countrywide shutdowns and blockade enforced by the Bangladesh Nationalist Party (BNP)-led 20-party alliance.

Southern Sweater factory authorities paid around 300 labourers for a month and 16 days and put a closure notice at the entrance of the factory on Tuesday.

The factory has been closed for the lack of work orders from foreign buyers due to the current political turmoil, a director of the company explained.

Businessmen said the overall apparel order from foreign buyers has already declined by 30 per cent. “If such political situation prolong further, the business would shift to other countries resulting unemployment of thousands of workers and the economy does not have the ability to bear such burden,” a BGMEA top leader noted.

BBN/SSR/AD-17Feb15-11:55 pm (BST)

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram