Bangladesh's garment industry faces a crisis due to political unrest and floods, causing factory shutdowns, economic losses, and disrupting production and logistics.

Bangladesh's critical garment industry, responsible for over 80% of export earnings and 11% of GDP, faces a severe crisis due to political unrest and devastating floods, threatening years of growth and global recognition. The unrest has led to widespread factory shutdowns, significant economic losses, and disruptions in production and logistics. The industry needs to diversify and explore new markets to weather the crisis.

August 26, 2024
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