Leading international clothing retailers in India, including Marks & Spencer, H&M, Zudio, and Lifestyle, are facing supply shortages amid a prolonged restriction on imports of readymade garments from Bangladesh through land ports, The Economic Times reported yesterday. The Directorate General of Foreign Trade (DGFT) of India issued a notification on May 17 banning garment imports from…
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Indices at the Dhaka Stock Exchange rose as of the midday trading session today, extending their gains for the second consecutive session. The DSEX, the benchmark index of the premier bourse, increased 26.65 points, or 0.47 percent, to 5,647 by 1:02 pm. The mood was similarly positive across the board: the Shariah-compliant DSES inched up…
The Moheshkhali-Matarbari Development Initiative (MIDI) could generate employment, directly and indirectly, for up to 25 lakh people, said Ashik Chowdhury, executive chairman of the Maheshkhali Integrated Development Authority (MIDA). “The project will contribute $150 billion to the GDP and create millions of jobs across ports, logistics, tourism, and marine industries,” he said.Chowdhury made the remarks…