In the first phase of Covid-19, apparel buyers had cancelled or held work orders worth about $3.2 billion, as per the data of Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Mindful of the bad press the last time, the retailers are handling the situation very diplomatically, this time. And sorry to say that we are not able to issue any pay orders at this moment,” the email added. Another apparel maker, who still has dues from previous work orders, has fallen further in trouble as his European buyers have put the orders on hold. On top of that, sector people are also fearing a shortage of work orders for the months to come in the year 2021.
Source: Dhaka Tribune December 19, 2020 21:11 UTC