No sign of early recovery The RMG sector, which contributes about 75 per cent to the country’s export earnings, has been hard hit by global recession with a considerable fall in orders across the world. According to experts, the situation is not likely to improve in near future. Recently, the export orders have declined by ... Read more
global recession
Dreams shattered by recession
Scores of jobseekers abroad during 2008-09 return home broke Dreaming of a better future, Momin Bakkar flew to Singapore in June 2008, being completely unaware that the recession-hit economy there had nothing to offer him. Broker Shariful Islam had promised him a job with a monthly pay of Tk 60,000 at Renown Marine Services, a ... Read more