People mourn in front of the remains of their relatives, who died inside the rubble of the collapsed Rana Plaza building. Reuters / Andrew Biraj
People mourn in front of the remains of their relatives, who died inside the rubble of the collapsed Rana Plaza building. Reuters / Andrew Biraj
People mourn in front of the remains of their relatives, who died inside the rubble of the collapsed Rana Plaza building. Reuters / Andrew Biraj
People mourn in front of the remains of their relatives, who died inside the rubble of the collapsed Rana Plaza building. Reuters / Andrew Biraj

100,000s protest in Bangladesh as factory collapse death toll rises to 200


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DHAKA // Hundreds of thousands of garment workers walked out of their factories in Bangladesh today, police said, to protest the deaths of 200 people in a building collapse, in the latest tragedy to hit the sector.

Grief turned to anger as the workers, some carrying sticks, blockaded key highways in at least three industrial areas just outside the capital Dhaka, forcing factory owners to declare a day's holiday.

"There were hundreds of thousands of them," said Abdul Baten, police chief of Gazipur district, where hundreds of large garment factories are based. "They occupied roads for a while and then dispersed."

Police inspector Kamrul Islam said the workers had attacked several factories whose bosses had refused to give employees the day off.

"They were protesting the deaths of the workers in Savar," he said, referring to the town outside Dhaka where Wednesday's collapse of an eight-storey building housing five garment factories took place, injuring more than 1,000 people.

"Many wanted to donate blood to their fellow workers," he added.

Some 1,500 workers marched to the Dhaka headquarters of the main manufacturers association, demanding the owners of the collapsed factories be punished.

"The owners must be hanged," one protester cried, as others tried to lay seige to the headquarters.

Some workers smashed windows and vehicles before they were chased away by police, Wahidul Islam, a deputy commissioner of Dhaka police, told AFP.

Rescuers in Savar pulled dozens of bodies from the collapsed building on Thursday as the death toll in the country's worst industrial disaster reached 200, police said.

Managers had allegedly ignored workers' warnings that the building had become unstable.

Survivors say the building developed cracks on Tuesday evening, triggering an evacuation of the roughly 3,000 garment workers employed there, but that they had been ordered back to production lines.

The accident has again highlighted safety problems and poor working conditions that plague the textile industry in Bangladesh, the world's second-biggest clothing exporter.

Last November a blaze at a factory making clothing for Walmart and other Western labels in Dhaka left 111 people dead, with survivors describing how fire exits were kept locked by site managers.

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Moral education needed in a 'rapidly changing world'

Moral education lessons for young people is needed in a rapidly changing world, the head of the programme said.

Alanood Al Kaabi, head of programmes at the Education Affairs Office of the Crown Price Court - Abu Dhabi, said: "The Crown Price Court is fully behind this initiative and have already seen the curriculum succeed in empowering young people and providing them with the necessary tools to succeed in building the future of the nation at all levels.

"Moral education touches on every aspect and subject that children engage in.

"It is not just limited to science or maths but it is involved in all subjects and it is helping children to adapt to integral moral practises.

"The moral education programme has been designed to develop children holistically in a world being rapidly transformed by technology and globalisation."