bangladesh

B2B Payments Deterioration Eyed For Asia

B2B Payments Deterioration Eyed For Asia
B2B Payments Deterioration Eyed For Asia
June 15, 2020  |  B2B Payments

For global traders, emphasis continues to be placed on the urgency for corporates in a strong financial position to support their supply chains through on-time...

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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  |  Cross-border Payments

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  |  Economy

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  |  Cybersecurity

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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