Dhaka, Oct. 21 -- Entrepreneurs of the readymade garments (RMG), the country's main export earning sector, fear another stagnate situation in the sector on account of the second wave of the ongoing pandemic is developed across the world.
The sector insiders said that the international buyers are either refraining from placing orders, or delaying to take decisions or demanding steep price cuts fearing another shut down due to second wave of the pandemic.
According to the Export Promotion Bureau (EPB), export earnings grew by 2.58 per cent to $9.89 billion in first quarter of the current fiscal year super seceding the performance in last fiscal.
RMG exporters said the growth was not for new orders, but it was for the reassured orders which...