Bangladesh Election Unrest Squeezes Key Garment Sector

wochit news
January 08, 2014 AT 4:03 AM
On the outskirts of Dhaka, Babylon Garments has shortened work shifts to eight hours from the usual 10 and plans to shutter production lines as months of election-related violence disrupts transport and prompts global retailers to curb orders. The company, which supplies shirts, trousers and other apparel for global retailers including Wal-Mart Inc, is one of the biggest players in Bangladesh's $22 billion garment industry that has seen orders cut nearly in half in the last three months - the worst drop in two decades, according to the Bangladesh Garment Manufacturers & Exporters Association.