29 Jul Update on the Unstable Situation in Bangladesh
Recent Developments
The situation in Bangladesh has taken a turn for the worse due to a protest that escalated violently. Shots were fired during the protest, and tragically, some students were injured, with reports of some being blinded. This unrest has increased the likelihood of the curfew being reimposed as the situation remains unstable.
Additionally, internet connectivity has become more erratic, and there has been no official guidance from the government on when full internet services and normal working hours will be restored. Our conversations with an agent from Power Logistics indicate that the situation is not improving. The protest has led to fires and further chaos, making the outlook increasingly uncertain.
Impact on Operations
Port Operations: The Chittagong port is experiencing major backlogs due to the recent disruptions. Deliveries have been delayed, contributing to significant congestion at the port. We will continue to monitor the situation closely and provide updates as more information becomes available.
We are committed to keeping you informed and will provide further updates as soon as we have a clearer picture of the situation. Your patience and understanding during this challenging time are greatly appreciated.