Many garment makers in Bangladesh are not honouring their primary contracts for buying yarn from local spinners as work orders from abroad have decreased amid volatility in the global economy.
Small export-oriented garment factories in Saidpur of Nilphamari are struggling to recover from setbacks faced during the Covid-19 pandemic, when orders from abroad took a steep dive owing to lower demand amid economic uncertainty.
Many garment makers in Bangladesh are not honouring their primary contracts for buying yarn from local spinners as work orders from abroad have decreased amid volatility in the global economy.
Small export-oriented garment factories in Saidpur of Nilphamari are struggling to recover from setbacks faced during the Covid-19 pandemic, when orders from abroad took a steep dive owing to lower demand amid economic uncertainty.