Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Thousands lose jobs as Bangladesh closes ?unsafe? factory  Join our daily free Newsletter

MENAFN - Arab News - 14/03/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN -Arab News) DHAKA: Several thousand Bangladeshi garment workers have lost their jobs after their factory was discovered with serious safety problems and shut down, officials said Monday

The factory was among hundreds, where workers stitch clothes for Western retailers, targeted by safety experts for inspection in the wake of Rana Plaza building collapse last year that killed 1,135 people

The team of experts ordered the evacuation of six floors of two adjoining buildings housing clothing firms Softex and Fame Knitting after the inspection last week which discovered serious structural flaws

Softex, a sweater maker and a supplier to French retailer Auchan, shut down immediately, laying off all 3,500 workers, saying ?it was risky to continue operations.

?I know what has happened to the workers is unfair. But the inspectors told me that the building has serious structural problems and asked us to evacuate the floors,? Softex chief executive officer Rezwan Seilm told AFP

Seilm said he was ?desperately trying? to pay three months worth of wages to the workers from the factory in Mirpur in the northern suburb of Dhaka

Fame, employing about 2,500 workers, also closed for a few days last week after engineers involved in the inspection requested reduced weight on some of the floors, an official said

Unions criticized Softex and Fame for failing to compensate the workers, but a trade group representing garment factories said retailers must shoulder some of the costs

?We?re closing down plants as part of their retailers? suggestions. So they must pay the affected factories to compensate their workers,? said Shahidullah Azim, vice-president of Bangladesh Garment Manufacturers and Exporters Association

Bangladesh is the world?s second biggest clothing manufacturer and the 22 billion sector is the mainstay of the impoverished South Asian nation?s economy

But the sector has a woeful safety track record, highlighted by the collapse of the Rana Plaza in April last year on the outskirts of the capital, which killed 1,135 people, Bangladesh?s deadliest industrial disaster

The factory was the first to close following the mass inspections organized by dozens of Western retailers such as H&M and Benetton who signed a new safety accord following the tragedy

As part of the accord, the retailers agreed to bankroll the safety inspections and loan the money for upgrades

The head of the inspection team, Rob Wayss, said the factory has not been ordered to close down, but it has been asked strengthen the building?s structural columns

Wayss, who has been appointed by the retailers and global unions to look after factory inspections, said factories located on other floors of the twin-building containing 15 floors in total can continue operations

?We?ve told the factories that they can operate in the remaining floors,? Wayss told AFP. ?We?ve also asked them to strengthen columns of the buildings.?


Arab News

  MENA News Headlines
 Oct 6 2015 - IMF says Iran nuclear deal to boost Mideast economyAFP
(MENAFN - AFP) Iran's landmark nuclear deal will lift economic growth in the war-plagued Middle East next year as the rolling back of sanctions brings a rebound in oil exports, the IMF said ...

 Oct 6 2015 - Abu Dhabi s NBAD is 1 for GCC bonds DealogicEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 6th October 2015 (WAM) --- National Bank of Abu Dhabi (NBAD) the Safest Bank in Emerging Markets and the Middle East by Global Finance magazine is ...

 Oct 6 2015 - ADEC offers public school students an After School Support ProgrammeEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 6th October 2015 (WAM) -- The Abu Dhabi Education Council ADEC has organised an "After School Support Programme" for students for the 2015/2016 ...

 Oct 6 2015 - Four UAE soldiers martyred in AdenEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 6th October 2015 (WAM) -- The General Command of the UAE Armed Forces has announced the death of four of its brave soldiers in Aden during their ...

 Oct 6 2015 - UAE- Ajman Ruler congratulates Egyptian PresidentEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) AJMAN 6th October 2015 (WAM) -- H.H. Sheikh Humaid bin Rashid Al Nuaimi Supreme Council Member and Ruler of Ajman has sent a cable of congratulations to the ...

 Oct 6 2015 - UAE Ambassador to Bahrain attends mass weddingEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) MANAMA 6th October 2015 (WAM) --- Ambassador of the United Arab Emirates to Bahrain Abdul Redha Khouri recently attended a mass wedding for 202 couples with ...

 Oct 6 2015 - Dubai repays US500 million bonds certificatesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 6th October 2015 (WAM) -- The Government of Dubai acting through the Department of Finance has announced that the US$ 500 million Fixed Rate Note ...

 Oct 6 2015 - UAE- Emirates Airline offers special A380 fares to a host of destinationsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 6th October 2016 (WAM) --- Travellers in the UAE gearing up for year-end trips can now enjoy special fares to a host of destinations served by the ...

 Oct 6 2015 - UAE-MENA healthcare providers to spend US2.73bn on IT products services in 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Dubai 6th October 2015 (WAM) - Healthcare providers in the Middle East and North Africa will spend US$2.73 billion on IT products and services in 2015 ...

 Oct 6 2015 - Dhahi Khalfan opens 2015 edition of Critical Communications Middle East in DubaiEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Dubai 6th October 2015 (WAM) - Lieutenant General Dhahi Khalfan Tamim Deputy Chairman of Dubai Police and General Security led the opening ceremony of the ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help