BGMEA chief says buyers cancel orders worth $1.48b

Buyers cancel orders worth $1.48 billionFile photo

President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Rubana Huq has said buyers have so far cancelled orders worth US$ 1.48 billion following the outbreak of coronavirus, reports news agency UNB.

Rubana Huq
File photo

“We’re facing a dire situation. All the buyers from different places, countries and continents are temporary suspending the orders,” she said in a video message on Sunday.

We’re facing a dire situation. All the buyers from different places, countries and continents are temporary suspending the orders
BGMEA chief

Citing entries of 1,089 garment factories to their website, the BGMEA chief said 873,236,622 orders have so far been cancelled.

She also said there are 1.2 million workers in those factories.