Janata Bank’s defaulted loans surged to a record Tk 67,300 crore by the end of last year, as politically exposed persons and business conglomerates became defaulters following the recent political ...

The Beximco Group has requested the government to reconsider its decision to close its factories in the textile sector, workers of which were subjected to layoffs.  Earlier on 30 January, a letter ...

As many as 16 of the 32 registered factories of Beximco Industrial Park did not exist, says an advisory committee ...

The decision of factory closure was conveyed by the authorities through a notice at the entrances of the factories last evening (4 February) ...

A lack of buyer accountability and other unethical behavior persists in the global denim industry, according to 2024 State of ...

The Government of Bangladesh has reportedly resolved to find alternative employment for 40,000 workers affected by Beximco ...

Without the support of any bank, Beximco could not maintain production. Moreover, raw materials, including yarn and fabrics, ...

The embattled—and severely indebted—conglomerate let go of 40,000 workers from 16 garment units in December. A dozen will now permanently shutter.

The Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the ...

The government will sell shares of Beximco Group’s two running companies to pay the salaries of 13 laid-off companies owned ...

The Beximco Group has reportedly borrowed over Tk 40,000 crore from various banks and financial institutions in Bangladesh, ...

The government has decided to close 12 laid-off companies within Beximco Industrial Park and pay the legal dues to the affected workers by February.