Employees work at at a garments factory in Gazipur, Bangladesh. Picture: REUTERS/MOHAMMAD PONIR HOSSAIN
“Retailers in both European and US markets are either deferring the shipments of finished products or delaying orders,” he said in an interview. “As inflation is soaring in our export destinations, it has a serious impact on us.” “The cost of electricity from generators is three times what we get from the national grid, because diesel is costly,” Atiqur Rahman, chairman of Standard, said in a separate interview. “We can’t keep our dyeing and washing units shut due to the power outage. If we do, all the fabrics will go to waste.”
Exporters also see ominous signs from Walmart’s full-year profit forecast cut and its pledge to reduce clothing prices.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Bangladesh’s critical garment industry struggles amid energy, demand crisesThe world’s number-two garment exporter faces a double whammy from slowing global demand and a national energy crisis
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »
Chemical industry to bridge digital skills gapThe Chemical Industries Education and Training Authority (Chieta) is determined to address the mismatch between the skills in demand and the skills being developed within the chemical industry of SA.
مصدر: SowetanLIVE - 🏆 13. / 63 اقرأ أكثر »