Airfreight rates ex-Dhaka plummet post-holiday, alongside demand
Airfreight rates have generally begun to ease off as volumes lower following the holiday period ...
© Woravit Vijitpanya
Bangladesh’s apparel makers are now working at below cost – or shutting their doors as lockdowns around the world continue to dampen demand,
The closure of just one apparel factory last week saw 6,000 Bangladeshi workers jobless, and others with no new orders are considering closure .
Lenny Fashions, located in the Dhaka Export Processing Zone, is a subsidiary of Hong Kong-based Must Garment, and closed on 1 February, owing to a shortage of enough work, order cancellations and price falls.
Must Garment, ...
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