DHAKA -- Bangladesh's garment industry faces surging freight rates, longer lead times and container shortages as spillover effects from fighting in the Red Sea, just months after the sector was roiled by protests over wages and subsequent factory closures.
International relations
Red Sea conflict plunges Bangladesh garment makers into the red
Surging costs and lead times dent orders, worsening already weak market
A British Typhoon jet is pictured in Cyprus after striking targets in Yemen during an operation against Houthi militants targeting shipping in the Red Sea. (U.K. Ministry of Defence via Reuters)
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