Dhaka, Sept. 3 -- More than 400 garment factories in Bangladesh have downed their shutters between July 2023 and June 2026, Commerce Minister Khandakar Abdul Muktadir told parliament on Thursday.
Of the 405 factories, 282 were members of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), while 123 belonged to the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), reports Daily Sun.
Muktadir gave the figures in response to a question from MP Md Ruhul Amin during a question-and-answer session in the Jatiya Sangsad, chaired by Speaker Hafiz Uddin Ahmad. He said authorities were still collecting the names of all the factories that had closed down.
The minister blamed the closures on a combination of dom...