Defeated by Crisis, Garment Entrepreneur Closes Doors After 19 Years
Nineteen years of relentless struggle ended in heartbreak for Mahbubul Hasan, owner of Dhaka’s Matrix Dresses. The export-oriented readymade garment factory officially shut down, leaving 177 workers and 13 staff members jobless. Persistent business slumps, international market volatility, rising production costs, and mounting local pressures forced the owner to permanently lock the factory gates, rendering […]
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