BD may face setback as US fashion brands shift focus to emerging rivals
Rising tariff and trade tensions under the Trump administration are driving US fashion companies to look beyond their traditional apparel-sourcing bases-China, Vietnam, and Bangladesh. Instead, countries like Indonesia, India, and Cambodia are emerging as the new front-runners in the shifting global supply chain, according to the 2025 Fashion Industry Benchmarking...
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Currency traders turn back to dollar for fresh bucks
Interbank traders now turn their sights back on the US dollar under free-float exchange regime, making interbank foreign-exchange transactions vibrant to a great extent.Even few months ago, the commercial banks showed more interest in purchasing the Euro instead of the American greenback to avert exchange-rate shocks stemming from heavily controlled...
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NCC proposes 5.0pc direct nomination
The National Consensus Commission has requested for a revised policy requiring political parties to nominate women candidates in 5.0 per cent of general constituencies out of the total 300 seats, while keeping the existing 50 reserved seats for women in parliament.The proposal was made at the commission's 22nd day's meeting...
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Four-wheeled motorised vehicles, locally known as leguna, are illegally parked on both sides of the Mayor Hanif Flyover along the
Four-wheeled motorised vehicles, locally known as leguna, are illegally parked on both sides of the Mayor Hanif Flyover along the busy Dhaka-Demra Road, which has narrowed the thoroughfare, resulting in traffic snarl-up. The photo was taken on Wednesday. — FE Photo by Shafiqul Alam
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High Court questions awarding contract sans fair tender
The High Court has questioned the action of the government initiating the process for awarding the container-handling contract of the New Mooring Container Terminal (NCT) of the Chattagram seaport to a foreign company. It issued a rule upon the bodies concerned of the government to explain as to why the...
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Ex-CJ Khairul placed on 7-day remand
A Dhaka court on Wednesday placed former Chief Justice (CJ) ABM Khairul Haque on a seven-day remand in a case accusing him of tampering with the Supreme Court verdict that abolished the caretaker-government system from the Constitution.Judge Md Sanaullah of the Additional Chief Metropolitan Magistrate Court in Dhaka passed the...
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Govt forms panel to probe last 3 nat’l polls
The government has dissolved the previously formed committee and constituted a new five-member commission to review the allegations of manipulated last three national elections held under the Awami League in 2014, 2018 and 2024, reports UNB.The commission has also been asked to recommend measures for ensuring fair polls in the...
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Central bank warns FIs of serious cyberattacks
Amid rising concerns over global cyber-threats, Bangladesh Bank has issued an urgent directive to all banks, financial institutions, mobile financial service providers, and relevant government bodies, calling for immediate action to fortify their cybersecurity systems. The central bank, in a circular on July 30, warned that the country's financial sector...
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