Beximco's problems are evidence of a number of ongoing problems in the garment industry.
Bangladesh has become one of the important hotspots for textile and garment machinery amidst the quest of entrepreneurs to improve productivity and cater to orders of apparel shifting from other countries.
Despite the Russia-Ukraine war and a ban on some banks on the use of global payments messaging network SWIFT, apparel shipment from Bangladesh to Russia has largely remained unscathed because of the use of alternative routes and payment channels, exporters say.
Beximco's problems are evidence of a number of ongoing problems in the garment industry.
Bangladesh has become one of the important hotspots for textile and garment machinery amidst the quest of entrepreneurs to improve productivity and cater to orders of apparel shifting from other countries.
Despite the Russia-Ukraine war and a ban on some banks on the use of global payments messaging network SWIFT, apparel shipment from Bangladesh to Russia has largely remained unscathed because of the use of alternative routes and payment channels, exporters say.
