Bangladesh, though once hailed as one of the fastest economies in Asia, is currently witnessing a significant slowdown in economic terms. After a decade of continuous improvement, Bangladesh, now shows clear indications of economic strain. Its industrial sector is struggling with various problems including a decline in orders, hesitation in investment, and high production costs, which are causing many sectors to slow down or shut down entirely, particularly in the garments and manufacturing industry. This slow growth has been fueled by various causes including recent political unrest. Job losses and reduced income are becoming increasingly visible and affecting millions of…
Author: Hasin Intashaf
In the past years, Bangladesh has witnessed a series of disastrous fires that have left the whole nation speechless. Fire incidents have led to a trail of destruction and raised serious questions about public safety. A few months ago, fire incidents took place at a garment factory in Mirpur, Dhaka, the capital city of Bangladesh, the cargo complex of Hazrat Shahjalal International Airport, followed by the Narayanganj chemical warehouse fire and the Korail slum fire. A rise in factory, warehouse and residential fires is turning into a daily headline for our nation. Factories and residents have become death traps for…