Volcanic ash clouds BD, Asian business
Wednesday, 21 April 2010
Piles of clothing are sitting in the country's main airport with about 350,000 kilograms of its key garment exports stuck in limbo, as the Asian business, including Bangladesh, counts the cost of Europe's air chaos, reports AFP.
"The garments were already behind schedule, and now they are being held up because of the flight problems. We are worried that buyers will reject these shipments as they are so late," said Abdus Salam Murshedy, president of Bangladesh Garments Manufacturers and Exporters Association (BGMEA).
Meanwhile, Japanese sushi lovers are running out of prized Norwegian salmon, and planeloads of goods from garments to mobile phones are piling up, as volcanic ash clouds business of the Asian countries.
Thousands of factories in China's Guangdong province, the workshop of the world, have seen air shipments of watches, jewellery and high-end fashions delayed, while stranded executives are kicking their heels in frustration.
Bernard Pouliot, chairman of Hong Kong-listed financial services company Quam Ltd, is among the many Asia-based bosses stranded in Europe or unable to fly overseas to seal deals in person.
Pouliot headed to Stockholm last week to attend a business conference, but got stranded with a colleague, as he tried to connect through London, while two other Quam employees are now stuck in the Swedish capital.
"The garments were already behind schedule, and now they are being held up because of the flight problems. We are worried that buyers will reject these shipments as they are so late," said Abdus Salam Murshedy, president of Bangladesh Garments Manufacturers and Exporters Association (BGMEA).
Meanwhile, Japanese sushi lovers are running out of prized Norwegian salmon, and planeloads of goods from garments to mobile phones are piling up, as volcanic ash clouds business of the Asian countries.
Thousands of factories in China's Guangdong province, the workshop of the world, have seen air shipments of watches, jewellery and high-end fashions delayed, while stranded executives are kicking their heels in frustration.
Bernard Pouliot, chairman of Hong Kong-listed financial services company Quam Ltd, is among the many Asia-based bosses stranded in Europe or unable to fly overseas to seal deals in person.
Pouliot headed to Stockholm last week to attend a business conference, but got stranded with a colleague, as he tried to connect through London, while two other Quam employees are now stuck in the Swedish capital.