Bangladesh: 319 garment factories to close

Running a garment factory is no easy task, even - or especially when - more than 80 percent of all exports are taken up by readymade garments. And even when safety requirements have been fulfilled. There are many other factors like local and global competition, constant time pressure, shortages of resources like electricity and gas, high interest rates for bank loans and the devaluation of currencies in target countries to make survival tough.