Textile Today Question of the Month.
I’m working on a Business question and need guidance to help me study.
Bangladesh Energy Regulatory Commission (BERC) has increased the bulk electricity price on a weighted average by 8.4% to Tk5.17 from Tk4.77. When the supply chain of Bangladesh’s textile and readymade garments (RMG) sector is taking a hit as its main sourcing destination, China, is the epicenter of recent coronavirus outbreak. Prices of all garment accessories, including yarn and sewing threads, have already gone up.
In this remaining reality how will this increased electricity price affect your business competitiveness?
Plz send ur opinion by 20 word