Month: September 2019

Leather sector recovers after two years of slump

The export of leather and leather goods from Bangladesh has rebounded after more than two years due to higher shipments to non-traditional markets, exporters said. According to Export Promotion Bureau (EPB), the leather and leather products sector registered a growth rate of 1.32 per cent, resulting in earnings of $185.41 million in July-August of the…

No respite from poisonous poultry feed

At least 40 illegal factories are producing poultry, fish and animal feed, using untreated poisonous tannery waste in and around the newly-constructed Savar tannery village, posing serious health hazards to millions of people. The Department of Livestock (DLS) and the Department of Environment (DoE) will conduct drives against these illegal factories soon as the toxic…

Due wages: Tannery workers see no end to suffering

Over 200 workers of three tannery factories have been passing difficult times for the last couple of months as their wages have remained unpaid. The factories are Ruma Leather Industries Ltd and Crescent Tannery Ltd in Savar and Lesco Tannery in the capital’s Hazaribagh. Workers of Lesco Tannery claimed that their wages have been remained unpaid…

Leather companies’ shares plunge

Environmental non-compliance at Savar Leather Industrial Park and recent crisis over the rawhide of sacrificed animals have put an adverse impact on shares of leather and leather goods manufacturing companies listed with the country’s stock exchanges. According to Dhaka Stock Exchange (DSE) data, share prices of five companies out of six listed companies involved in…