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

Chief Adviser Professor Muhammad Yunus today directed the Bangladesh Bank governor and the authorities concerned to bring ...

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

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

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 ...

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

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

Dr Sakhawat Hussain on Tuesday said that the arrears of Beximco workers will be paid by February, after selling the mortgaged ...

Embattled Beximco Limited has announced another round of layoffs citing a lack of work orders, a decision that affects nearly 8,000 workers across five manufacturing units in its industrial park in ...

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

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

Beximco terminated over 40,000 employees across its textile and garment units last month. Credit: T. Schneider/Shutterstock. This resolution was reached during a recent session of the advisory panel ...