Quotes: US 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.?


 






  MENA News Headlines
 Aug 29 2014 - Flydubai announces 3 new routes to East AfricaMENAFN
(MENAFN) Flydubai announced the addition of three new East African routes, bringing the total number of destinations in the airline's network to 80, Khaleej Times reported.The launch of the new ...

 Aug 29 2014 - UAE's Danube posts 16% sales growth in H1MENAFN
(MENAFN) Danube Group announced it achieved a continuous sales growth of 16 percent in January-June period, due to the launch of their real estate division, Danube Properties and the re-branding of ...

 Aug 29 2014 - US equity firm set to buy stakes at Dubai's GEMSMENAFN
(MENAFN) Blackstone Group LP, a New York-based private equity firm, is close to a deal to acquire a minority stake in Dubai's GEMS Education, marking its first investment in the Middle East, Arabian ...

 Aug 29 2014 - Burger King's new acquisition will not have effect on ME operationsMENAFN
(MENAFN) Burger King's acquisition of Tim Horton's will not have an effect on the fast food chain's operations in the Middle East, Gulf News reported.According to a statement by Burger King, the ...

 Aug 29 2014 - INMEX and SMM India Global exhibition organizers join forces to launch Indian subcontinents largest maritime eventINMEX SMM IndiaMENAFN Press
(MENAFN Press) INmex & SMM join handsTaking advantage of the expected growth the Indian maritime industry is set to witness over the next six years Informa Exhibitions organizers of INMEX ...

 Aug 28 2014 - New Garcinia Cambogia Extract Whole Body Review By Top Doctors Like Dr OZ Website Launched For Weight Loss and Diet Management And Side Effects InfoMENAFN Press
(MENAFN Press) Palm Bay, U.S. – /PressCable/ - Satisfied Customer Review and TestimonialEver since it was recently introduced to the world on the Dr. Oz television program Garcinia Cambogia has ...

 Aug 28 2014 - The Diabetes Protocol ReviewCan Dr.Pullmans Treatment Really Reverse DiabetesMENAFN Press
(MENAFN Press) Read this honest review of Dr. Pullman's eBook and reveal how effective is this diabetes treatment. Additionally find out if this will be a risk investment or not? Here is the good ...

 Aug 28 2014 - Ronn LucasVentriloquism Fun Facts Weekly SpecialMENAFN Press
(MENAFN Press) Celebrity Dummies serves as the largest seller of ventriloquist dummies in the area of Tampa FL nowadays. The company is well known in the different parts of the country at the ...

 Aug 28 2014 - HVAC-Connect.com Launches Affiliate ProgramBeneficial Opportunity For HVAC Refrigeration 038 Plumbing Industry In The United States and CanadaMENAFN Press
(MENAFN Press) HVAC Connect is the most complete and advanced HVAC Plumbing and Refrigeration business directory and is fully integrated with Social Medias.MONTREAL CANADA August 28 2014. HVAC ...

 Aug 28 2014 - Thomas Wyroba Iconic Artist and Arts Educator Passes AwayMENAFN Press
(MENAFN Press) Tom Wyroba Iconic Artist and Arts Educator— Dedicated His Life To Mentoring a New Generation of Art Students —(Miami) August 28th 2014 - Born into an iconic family of artists and ...

more...


 






Google

Taqs

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help