Bangladesh readies new air cargo facilities after ban by India
After India cancelled the use of its transhipment facilities for Bangladesh cargo, the government decided ...
© Tea
Major retailers are cancelling or postponing orders, putting Bangladesh’s garment industry, the country’s top foreign currency earner and employer, in jeopardy.
The value of order cancellations up to yesterday reached $124m – but the industry expects more to follow.
The top buyers so far forced to cancel or withhold orders include C&A, Zara, Pull and Bear, Baby Shop, Blackberrys, Inditex and Primark.
Apparel manufacturers say that just after Covid-19 hit China, they faced a shortage of raw materials, which disrupted their production.
Prices of ...
Comment on this article