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Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Thursday said buyers have so far cancelled orders worth US$ 3 billion following the outbreak of coronavirus.
About 1,092 factories reported that 943.12 million pieces of RMG products worth US$ 3 billion have either been cancelled or held up until 5pm on Thursday, according to BGMEA sources.
This cancellation will affect approximately 2.16 million Bangladeshi workers, the sources said.
Also read:Buyers cancelled $ 1.48 billion orders: BGMEA chief
Buyers cancel orders worth $2.87 billion: BGMEA
Earlier on March 23, BGMEA President Dr Rubana Huq said buyers so far cancelled orders worth US$ 1.48 billion.
On a video message she said “We’re facing a dire situation. All the buyers from different places, countries and continents are suspending the orders.”
She also said there are 12 lakh workers in those factories.