Dhaka, Aug. 24 -- Instability is rising in Narayanganj's garment factories. Over the past year, at least 64 small, medium, and large readymade garment factories have been forced to shut down.

Industry insiders cite lack of coordination among agencies, political unrest, the impact of the Russia-Ukraine war, soaring bank interest rates, acute gas shortages, labor unrest, absence of foreign buyers, financial crises, and various syndicates as the major reasons. As a result, more than half a million workers and employees have lost their jobs.

According to Narayanganj Industrial Police-4, the district has a total of 1,834 factories-424 are RMG and 1,410 non-RMG. Since last July, 40 RMG factories have permanently closed, 20 remain temporarily ...