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Garment factories moving away from digital wage payment
Speakers say at discussion
Before the pandemic, four lakh workers from 300 factories used to receive salaries through bKash, the leading mobile financial service provider. Photo: Star/file
Star Business Report
Star Business Report
Many garment factories that disbursed wages to workers digitally at the height of the pandemic in Bangladesh are gradually returning to cash payments although electronic transfers provide a lot of benefits, said speakers yesterday.
Before the pandemic, 4 lakh workers from 300 factories used to receive salaries through bKash, the largest mobile financial service (MFS) in the country.
The number of workers getting payment digitally rose to 11 lakh after the government imposed a lockdown in March last year to slow the spread of the rogue virus in the country.
After Tazreen Fashions and Rana Plaza, Covid-19 once again exposes the human cost of fast fashion
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On 11 March 2021 it will be one year since the World Health Organization declared Covid-19 a pandemic. And while almost every sector in every country on the planet has been adversely affected, few have seen a more dramatic collapse in demand than the garment, textile and apparel industry. Billions of dollars’ worth of orders were cancelled by fashion brands, leaving suppliers across the Global South without an income and some of the poorest workers in global supply chains without jobs, wages or financial support.