Prolonged lead time forces RMG work orders to decline
Long recognized as the premier destination for cost-effective apparel manufacturing, Bangladesh is facing a steady erosion of international buyer confidence. Chronic gas and electricity shortages, surging overhead costs, port congestion in Chittagong, and uncompetitive delivery lead times are driving major European and American fashion brands to reallocate purchase orders to regional... Details
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.