bangladesh

Garment Factories Reeling As Importers Stop Orders Among Weak Sales

Garment Factories Reeling As Importers Stop Orders Among Weak Sales
Garment Factories Reeling As Importers Stop Orders Among Weak Sales
May 05, 2020  |  Retail

The coronavirus pandemic has caused a rift in the relationship between apparel manufacturers and retailers, resulting in lost profits and canceled payments as the economy...

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Clothing Brands Want Steep Vendor Discounts To Keep Orders
Clothing Brands Want Steep Vendor Discounts To Keep Orders
April 19, 2020  |  B2B Payments

Big-name clothing brands are either canceling orders or demanding big discounts from manufacturers in Bangladesh, a South Asian country that is already deeply suffering because...

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Coronavirus Affects Millions Of Garment Makers In Bangladesh
Coronavirus Affects Millions Of Garment Makers In Bangladesh
March 30, 2020  |  International

The coronavirus outbreak has affected virtually all aspects of the economy, including the fashion industry, which has been grappling with how to pay for supply...

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Coronavirus Update: Factory Workers Sent Home Unpaid In Bangladesh; Banks Vow To Keep Staff Employed
Coronavirus Update: Factory Workers Sent Home Unpaid In Bangladesh; Banks Vow To Keep Staff Employed
March 27, 2020  |  Coronavirus

The COVID-19 situation has led to millions of clothing manufacturing workers not receiving pay as fashion brands call off their orders, the Associated Press reported....

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Retailers Cancel $1.5B In Bangladesh Clothing Orders Amid Coronavirus
Retailers Cancel $1.5B In Bangladesh Clothing Orders Amid Coronavirus
March 23, 2020  |  Retail

With the COVID-19 pandemic impacting demand, European and American buyers have called off roughly $1.5 billion of Bangladesh clothing orders. Bangladesh Garment Manufacturers and Exporters...

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ID2020 Alliance Unveils Digital ID Program
ID2020 Alliance Unveils Digital ID Program
September 19, 2019  |  Biometrics

At its annual summit in New York, the ID2020 Alliance announced the roll out of a digital identity program with the Government of Bangladesh; Gavi, the...

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SWIFT On Cybercrime’s Evolution Post-Bangladesh Bank Heist
SWIFT On Cybercrime’s Evolution Post-Bangladesh Bank Heist
April 11, 2019  |  Security & Fraud

Three years after fraudsters made off with $101 million from a Bangladesh bank, cyber threats have evolved, according to a new report by SWIFT.  The...

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Bangladesh To Sue Philippine Bank RCBC In Alleged $81M Cyber Robbery
Bangladesh To Sue Philippine Bank RCBC In Alleged $81M Cyber Robbery
January 30, 2019  |  Legal

The Bangladesh central bank governor said the country is going to file a lawsuit against Philippine bank Rizal Commercial Banking Corp (RCBC) for its alleged...

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Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
September 05, 2017  |  Security & Fraud

In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try...

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