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Bangladesh garment factories reopen with hopes after PM Hasina's flight

Business Standard LogoBusiness Standard5h ago

Bangladesh garment factories reopen with hopes after PM Hasina's flight - Business Standard

Quick Summary:

The International Monetary Fund expects the ready-made garments industry will account for 90 per cent of Bangladesh's $55 billion annual exports in the financial year 2024.

If we sit back home, how can we run our families? " 38-year old Razia Begum, an employee at the factory, told Reuters.

He added that H&M, which buys from about 1,000 factories in Bangladesh, had already said it would not seek discounts due to the delays.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 23:49:49 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 550 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21972309

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 330 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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