Despite export fall, Bangladesh’s earnings from apparel shipments in May made a gain of around three times from that of April.
Trade Data
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Everything from manufacturing and retail to buying patterns would undergo a major change in the post coronavirus period, believe industry insiders.
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The European Union-Bangladesh relationship has moved beyond trade and commerce over the years with the EU helping the latter in more ways than one to ensure growth and development.
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From working with rights groups, foreign missions of Bangladesh, engaging with buyers, etc., the traders’ body has embarked on a multi-pronged approach to ensure the industry is able to survive and sustain.
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As retailers come back to business in a changed market scenario, garment manufacturers in Bangladesh get ready to maintain their relevance in the changing world order.
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After rendering reversals on the export front, coronavirus is now taking a toll on industry leaders, as many entrepreneurs have been infected with the virus lately.
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India-Bangladesh mutual trade and commerce is expected to touch new heights on the back of some pro-business steps taken by the countries mutually.
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Keeping with the trend of digital commerce, which experts believe would be the new normal post the pandemic, Bangladesh is mulling its very own virtual platform to deal with huge stockpiles of stocks that have piled up in many factories con
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As more and more brands and retailers file for bankruptcy, garment makers in Bangladesh are left worried.