All
 

 

Just in:  

You are here: Home»World»South Asia»Walmart admits goods made at Bangladesh fire factory

WalMart 400DHAKA: US retail giant Walmart has admitted some of its products were made at the Bangladesh garment factory that burnt down at the weekend killing 110 workers, as anger grows over lax safety standards.

 

Bangladesh has become a global centre for clothes manufacturing due to cheap labour. But the blaze late on Saturday highlighted concerns about Western brands selling goods made in dangerous, overcrowded conditions.

 

"A supplier subcontracted work to this factory without authorisation and in direct violation of our policies," Walmart said in a statement issued on Monday. "Today, we have terminated the relationship with that supplier.

 

"The fact that this occurred is extremely troubling to us, and we will continue to work across the apparel industry to improve fire safety education and training in Bangladesh."

 

Walmart expressed its condolences to the victims' families, as have European chain C&A and the Hong Kong-based Li & Fung, which also had orders at the nine-storey Tazreen factory outside the capital Dhaka.

 

Copyright AFP (Agence France-Presse), 2012


 



 
Index Closing Chg%
Arrow DJIA 16,960.57 0.72
Arrow Nasdaq 4,449.56 0.50
Arrow S&P 1,978.34 0.48
Arrow FTSE 6,791.55 0.44
Arrow DAX 9,644.01 1.53
Arrow CAC-40 4,330.55 1.82
Arrow Nikkei 15,457.87 1.13
Arrow H.Seng 24,216.01 0.31
Arrow Sensex 26,126.75 0.55





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln