Bangladesh’s garment industry, the backbone of its economy and accounting for nearly 84% of its foreign exchange earnings, is facing a severe crisis. Over the past year, dozens of factories have closed, leaving tens of thousands unemployed. The crisis is fuelled by automation, labour unrest, and political instability, threatening the livelihoods of millions dependent on this sector.
A report by Apparel Resources states that at least 76 garment factories have shut down in the past year,Why garment factories are rapidly shutting down?
Jamuna Bank holds Financial Literacy Week
Recently, a seminar on Financial Literacy was held at a luxurious in Rajshahi district as an initiative of Jamuna Bank PLC., as part of the program of Financial Literacy Week 2025.
The program aimed to educate participants on making informed financial decisions, focusing on key topics such as ‘Finfluencers,’ ‘Herd Mentality,’ ‘Biased Advice,’ and ‘Peer & Social Media Pressure.’ Under the theme "Think before follow, Wise money tomorrow".
The program aimed to educate participants on making informed financial decisions, focusing on key topics such as ‘Finfluencers,’ ‘Herd Mentality,’ ‘Biased Advice,’ and ‘Peer & Social Media Pressure.’ Under the theme "Think before follow, Wise money tomorrow".
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Islamic banking is related to basic faith of Islam: DU VC
Dhaka University (DU) Vice-Chancellor Professor Dr. Niaz Ahmed Khan said, `Islamic Banking is related to the basic faith of Islam’. To spread the Islamic Banking system in society, we have to work with the spirit of human welfare. He said these while speaking as the chief guest at a seminar titled “Shariah Governance in Islamic Banking in Bangladesh: Practice and Reality” organized by the Islamic Banks Consultative Forum (IBCF) on March 23, 2025, Sunday at the Pan Pacific Sonargaon Hotel, Dhaka.
Insecurity worsens for stateless Rohingyas
In a joint appeal, the UN refugee agency, UNHCR, and the UN International Organization for Migration (IOM) urged all countries to step up to support the displaced Rohingya – the world’s largest stateless population. The humanitarian situation in Cox’s Bazar – home to around one million Rohingya in Bangladesh – has worsened.
“This is not a place where people want to live,” said IOM Director-General Amy Pope. “It's frightening. If you are a young woman, you do not leave your tent at night.”
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Top US general in Dhaka
A top American general from the US Pacific Command arrived in Dhaka on March 24 for talks with senior Bangladeshi Army officers. His visit is seen as part of efforts to strengthen defensive measures along Bangladesh’s border with Myanmar’s Rakhine State, where military operations against the junta are expected to commence soon.
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Lieutenant General Joel ‘JB’ Vowell Photo : Collected[/caption]
Starlink live internet connectivity show April 9
Starlink, the US telecom giant will provide live internet connectivity for a demonstration at Bangladesh Investment Summit on 9 April.
Bangladesh Investment Development Authority (Bida) Executive Chairman Chowdhury Ashik Mahmud Bin Harun announced during a press conference at Bangladesh Foreign Service Academy on Sunday.
The media briefing was arranged ahead of the "Bangladesh Investment Summit" scheduled to be held from 7-10 April at Hotel InterContinental Dhaka.
