Growing Worries Among Buyers
Recent developments have raised serious concerns regarding the confidence of international buyers in doing business with Bangladesh. The garment manufacturing sector, a vital part of the country’s economy, faces challenges due to a stalemate with the National Board of Revenue (NBR). If these issues persist, buyers may rethink their partnerships with Bangladeshi manufacturers.
Daily demurrage charges for ships can escalate between $15,000 and $20,000. This financial strain is a significant concern for manufacturers. It could ultimately lead to increased prices for consumers and reduced competitiveness in the global market. As the situation unfolds, the need for effective communication and resolution becomes crucial to restore confidence in the industry.
