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rdf:type	schema:NewsArticle
schema:articleBody	Bangladesh's crucial textile industry saw a sharp rebound from the coronavirus crisis in August, with exports surging nearly 50 percent as factories swung into full gear to meet orders from global retailers, officials said Tuesday. Shipments of ready-made clothes hit $3.3 billion, up from $2.3 billion a year earlier, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said. The garment industry is the cornerstone of the economy in Bangladesh, the world's second largest exporter of the goods after China. The reinstatement of cancelled orders from retail titans including H&M, Primark and Walmart has revived the industry even though Bangladesh is still suffering from the pandemic, BGMEA spokesman Khan Monirul Alam Shuvo told AFP. Some companies say they are now looking for thousands of workers to cope with new orders. The association said in April that western retailers, who normally buy around $30 billion worth of garments each year, cancelled $3.2 billion-worth after the virus forced stores to shut down. Shipments collapsed 83 percent in April and more than 50 percent in May. "Some 80 percent of those orders have since been reinstated," Shuvo said. "Still, we have to wait another five months to see a clear picture." Because of the pandemic, Bangladesh closed factories for one month from March 26. The 4,500 garment factories employ more than four million workers -- about two-thirds of them women -- and hundreds of thousands were laid off. Hannan Group, which exports high-end fashion to brands such as Esprit and Casamoda in Europe, said it has recruited nearly 1,600 workers in the past two months. "I think the worst is over. Some retailers have placed new orders and revived some old orders. We need new workers to make the shipment deadline," Hannan chairman A.B.M Shamsuddin, whose companies employ 12,000 people, told AFP. sa/tw/dan
schema:headline	Bangladesh garment exports rebound from coronavirus crunch
schema:mentions	Primark H&M Agence France-Presse Ebola virus disease Bangladesh Shah Rukh Khan Walmart European Union Pandemic China Severe acute respiratory syndrome coronavirus 2 Esprit Holdings AEW Full Gear
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-09-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	58 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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