Three factories closed in Savar
Failing to sustain losses, three ready-made garment (RMG) factories in Savar have been shut down.
Authorities of Passion Jeans Limited, Rakef Apparels Washing and Packaging Industries Limited and Passion Apparels and Washer Limited issued a notice in this regard on Sunday.
Some 3,000 people work in the three factories, said sources.
All arrears and dues of employees will be cleared by March 29, the notice said.
Bangladesh Garment and Industrial Workers Federation president Rafiqul Islam Sujon said authorities took the decision following discussion with the laboure leaders.