Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Additional security push up costs for B’desh garment exporters

The recent Dhaka café attack has made the cost of doing business for local apparel makers costly, though the sector has so far managed to avoid a negative impact on overseas sales. Observers say many garment exporters are now incurring additional costs on account of extra security measures needed to avert any untoward incidents and protect foreign nationals working for the apparel industry. Besides, some apparel exporters have to go abroad for negotiating their business deals with buyers as foreigners are now reluctant to visit Bangladesh in the wake of the terror attacks. A good number of factories have already installed closed circuit television (CCTV) cameras to strengthen their protective measures and those who have no such system, have started setting up the facility, informed Shahidullah Azim from Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The additional security measures have increased expenditure, though the amount is negligible compared to export earnings. Industry feels they might see the impact of attack on export earnings, if any, after October. Currently, majority of the exporters are busy completing their shipment as there will be a week-long Eid holiday next month. Brushing away security concerns, Industrial Police (IP) director general Abdus Salam said that his unit is providing full-time security to global buyers during their stay in Bangladesh following requests from the BGMEA and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo