Close Menu
    Trending
    • Resurfaced Clip Shows Rob Reiner Defending Son’s ‘Difficult’ Life
    • Zelenskyy hails ‘real progress’ in Berlin talks with Trump envoys
    • Venezuela slams European Council’s renewed sanctions as ‘futile’ | Nicolas Maduro News
    • Opinion | Selling Young Men on the Blame Game
    • Virtual Synchronous Machines: A Grid Stability Solution
    • Grimes Exposes Elon Musk’s Antics Amid Strained Co-Parenting
    • Rob Reiner’s son Nick arrested after parent’s deaths
    • Gaza authorities struggle to recover bodies from rubble amid winter storms | Israel-Palestine conflict News
    Ironside News
    • Home
    • World News
    • Latest News
    • Politics
    • Opinions
    • Tech News
    • World Economy
    Ironside News
    Home»Latest News»Bangladesh garment exporters fear $1bn losses after huge airport fire | Business and Economy News
    Latest News

    Bangladesh garment exporters fear $1bn losses after huge airport fire | Business and Economy News

    Ironside NewsBy Ironside NewsOctober 19, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The hearth gutted import cargo terminals areas at Dhaka airport, destroying an estimated $1bn of ‘pressing air shipments’.

    Revealed On 19 Oct 202519 Oct 2025

    Share

    A hearth that decimated a cargo complicated in Bangladesh’s largest airport has brought on devastating losses to garment exporters throughout the peak export season.

    The blaze – which ripped by the cargo import space of Dhaka’s Hazrat Shahjalal Worldwide Airport on Saturday afternoon – gutted storage areas holding big portions of uncooked supplies, attire and product samples belonging to exporters.

    Really useful Tales

    record of three gadgetsfinish of record

    “Now we have witnessed a devastating scene inside,” stated Faisal Samad, director of the Bangladesh Garment Producers and Exporters Affiliation (BGMEA).

    “Your entire import part has been diminished to ashes,” he stated, estimating losses might attain as excessive as $1bn.

    Onlookers collect as firefighters attempt to extinguish the hearth at Dhaka airport [Maruf Rahman/AFP]

    Smoke continued to rise from the charred stays of the ability on Sunday as firefighters and airport officers assessed the injury.

    Among the many destroyed items are “pressing air shipments”, together with clothes, uncooked supplies, and product samples, added Inamul Haq Khan, senior vice-president of BGMEA.

    He warned that the lack of samples might jeopardise future enterprise within the nation’s essential garment trade, price $47bn per 12 months. “These samples are important for securing new consumers and increasing orders. Dropping them means our members could miss out on future alternatives,” he stated.

    Reason for blaze unclear

    The airport cargo village that caught hearth is certainly one of Bangladesh’s busiest logistics hubs, dealing with greater than 600 metric tons of dry cargo every day – a determine that doubles throughout the October to December peak season.

    “Every single day, round 200 to 250 factories ship their merchandise by air,” Khan stated. “Provided that scale, the monetary influence is important.”

    The reason for the blaze has not but been decided, and an investigation is beneath manner.

    Firefighters inspect as smoke engulfs the fire-damaged cargo terminal of Hazrat Shahjalal International Airport in Dhaka on October 19, 2025, a day after the blaze. A large fire swept through the cargo terminal of Bangladesh's main international airport in Dhaka on October 18, forcing authorities to suspend all flights, officials said. (Photo by Munir UZ ZAMAN / AFP)
    Smoke engulfs the fire-damaged cargo terminal of Dhaka airport, October 19, 2025 [Munir Uz Zaman/AFP]

    The incident marks the third main hearth reported in Bangladesh this week. A hearth on Tuesday at a garment manufacturing facility and an adjoining chemical warehouse in Dhaka killed no less than 16 folks and injured others. On Thursday, one other burned down a seven-storey garment manufacturing facility constructing in an export processing zone in Chittagong.

    The federal government stated the safety providers have been investigating all incidents “completely”, and warned that “any credible proof of sabotage or arson might be met with a swift and resolute response.”

    “No act of criminality or provocation might be allowed to disrupt public life or the political course of,” it stated, urging calm.

    Bangladesh is the world’s second-largest exporter of attire after China. The sector, which supplies major global retailers similar to Walmart, H&M and the Hole, employs about 4 million employees and generates greater than a tenth of the nation’s GDP.

    The hearth is predicted to delay shipments and pose extra challenges in assembly worldwide supply deadlines.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleA different way to think about the Middle East: Right vs. right
    Next Article Trump calls Colombian president ‘a drug leader’, vows end to payments
    Ironside News
    • Website

    Related Posts

    Latest News

    Venezuela slams European Council’s renewed sanctions as ‘futile’ | Nicolas Maduro News

    December 15, 2025
    Latest News

    Gaza authorities struggle to recover bodies from rubble amid winter storms | Israel-Palestine conflict News

    December 15, 2025
    Latest News

    EU launches aid flights to Sudan’s Darfur as humanitarian crisis escalates | Humanitarian Crises News

    December 15, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Travis Kelce Spills Exhausting Truth Behind Taylor Swift’s Shows

    August 13, 2025

    Victor Reacts: Trump Was Right, $8 Million to Trans Mice (VIDEO) | The Gateway Pundit

    March 7, 2025

    US cuts tariffs on small parcels from Chinese firms like Shein and Temu

    May 13, 2025

    Allen smashes Gayle’s T20 cricket sixes record in MLC opener | Cricket News

    June 13, 2025

    Brad Pitt Splurges On $12M House With ‘Optimal Security’ After Burglary Incident

    September 3, 2025
    Categories
    • Entertainment News
    • Latest News
    • Opinions
    • Politics
    • Tech News
    • Trending News
    • World Economy
    • World News
    Most Popular

    Forget the US — Europe has successfully put tariffs on itself

    February 15, 2025

    Opinion | Only the Lonely

    December 5, 2025

    Kylie Kelce Questions Travis And Taylor Swift’s No-Fight Claim

    December 12, 2025
    Our Picks

    Resurfaced Clip Shows Rob Reiner Defending Son’s ‘Difficult’ Life

    December 15, 2025

    Zelenskyy hails ‘real progress’ in Berlin talks with Trump envoys

    December 15, 2025

    Venezuela slams European Council’s renewed sanctions as ‘futile’ | Nicolas Maduro News

    December 15, 2025
    Categories
    • Entertainment News
    • Latest News
    • Opinions
    • Politics
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright Ironsidenews.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.