Disc: Not invested
Summary:
Bangladesh’s garment factories, which account for 90% of the country’s exports, have reopened after a period of unrest, with factory owners assuring Western buyers of their reliability despite recent disruptions. The industry estimates a loss of six days of production due to the instability, which erupted in mid-July following large-scale wage protests last year. While the situation is now stabilizing under the caretaker government led by Nobel laureate Muhammad Yunus, the combination of recurring bouts of instability, higher wages, and long-term infrastructure challenges are raising concerns about Bangladesh’s competitiveness as a garment exporter.
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