Friday , November 22 2024
Home / Current News / Buyers cancelled $ 1.48 billion orders: BGMEA chief

Buyers cancelled $ 1.48 billion orders: BGMEA chief

President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Dr Rubana Huq has said buyers have so far cancelled orders worth US$ 1.48 billion following the outbreak of coronavirus.

“We’re facing a dire situation. All the buyers from different places, countries and continents are temporary suspending the orders,” she said in a video message on Sunday.

Citing entries of 1,089 garment factories to their website, the BGMEA chief said 873,236,622 orders have so far been cancelled.

She also said there are 12 lakh workers in those factories.

(UNB)

Check Also

BB to start exchange of new notes from 31 March

On the occasion of holy Eid-ul-Fitr, Bangladesh Bank (BB) will start releasing new notes in …

Leave a Reply

Your email address will not be published. Required fields are marked *