Close Menu
    Trending
    • Europe Is Helping Zelensky Rebuild His Human Supply For War
    • How Usher’s ‘Burn’ Roast Left Kevin Hart Stunned
    • Wordle game to be turned into TV show with Jimmy Fallon’s company
    • Tens of thousands protest in Argentina over Milei university cuts | Protests News
    • Americans Drown In Debt While Washington Pretends The Economy Is Strong
    • Ian McKellen Reveals The Worst Advice He’s Ever Received
    • Cannes Film Festival 2026: Gong Li, Peter Jackson and what happened on the first day
    • Honduras mayor arrested for masterminding environmentalist’s killing | Crime 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

    Tens of thousands protest in Argentina over Milei university cuts | Protests News

    May 13, 2026
    Latest News

    Honduras mayor arrested for masterminding environmentalist’s killing | Crime News

    May 13, 2026
    Latest News

    Peru presidential candidate Roberto Sanchez charged with financial crimes | Elections News

    May 13, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Joshua Allen’s Shocking Death Leaves Dance World Reeling

    October 1, 2025

    DR Congo and Rwanda hold first talks since signing of peace deal | Conflict News

    August 1, 2025

    Russia-Ukraine war: List of key events, day 1,335 | Russia-Ukraine war News

    October 21, 2025

    Minorities hail renewed space as Pope Leo visits Turkiye | Religion News

    November 29, 2025

    Map: 5.1-Magnitude Earthquake Strikes the Philippines

    June 9, 2025
    Categories
    • Entertainment News
    • Latest News
    • Opinions
    • Politics
    • Tech News
    • Trending News
    • World Economy
    • World News
    Most Popular

    Kanye West’s Wife’s Style Slammed By Potential Juror In Mansion Trial

    February 26, 2026

    BREAKING: Trump Uses Emergency Powers to Send U.S. Military into California and Provide Water: “The Days of Putting a Fake Environmental Argument, over the PEOPLE, are OVER.” | The Gateway Pundit

    January 28, 2025

    Key players in Syria’s latest violence, from the Druze and Bedouin to government forces

    July 18, 2025
    Our Picks

    Europe Is Helping Zelensky Rebuild His Human Supply For War

    May 13, 2026

    How Usher’s ‘Burn’ Roast Left Kevin Hart Stunned

    May 13, 2026

    Wordle game to be turned into TV show with Jimmy Fallon’s company

    May 13, 2026
    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.