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 ...
Without the support of any bank, Beximco could not maintain production. Moreover, raw materials, including yarn and fabrics, ...
16d
Hosted on MSNEx-Beximco Group Workers Demand Return of Jobs With Fiery ProtestTens of thousands of workers from 16 apparel factories lost their jobs in December after Beximco's crushing debt left it unable to open new lines of credit or fulfill orders.
The government yesterday asked the banks that financed the embattled Beximco Group to submit information regarding the ...
10d
Sourcing Journal on MSNBangladeshi Government to Permanently Close a Dozen Beximco Apparel FactoriesThe embattled-and severely indebted-conglomerate let go of 40,000 workers from 16 garment units in December. A dozen will now ...
The decision of factory closure was conveyed by the authorities through a notice at the entrances of the factories last evening (4 February) ...
6d
GlobalData on MSNBangladesh government seeks jobs for laid off Beximco workersThe Government of Bangladesh has reportedly resolved to find alternative employment for 40,000 workers affected by Beximco ...
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 Beximco Group has reportedly borrowed over Tk 40,000 crore from various banks and financial institutions in Bangladesh, ...
The Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the ...
In connection with the Beximco Group workers’ protest, where vehicles were vandalized, fires set, and police attacked, 5,000 individuals have been accused in two cases. This brings the total number of ...
Khasru Parvez, executive director of Bangladesh Bank, has been appointed as the custodian - officially called the receiver - to oversee the properties and assets of all Beximco Group companies ...
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