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April 4, 2025

Business leaders urge swift reforms, stability

Bangladesh’s business community is urging the incoming Bangladesh Nationalist Party (BNP) government to restore stability, tame inflation, reform the banking sector and create conditions for the recovery of private investment. “The election result, with about a 60% mandate, brings a sense of stability and renewed confidence,” said Sharif Zahir, managing director of apparel maker Ananta Group and chairman of UCB Bank. “For businesses, the immediate priority is maintaining law and order and ensuring policy continuity. Stability is the foundation of investment.”

Newly elected MPs, cabinet members to take oath tomorrow

All 297 newly elected members of parliament (MPs) of the 13th Jatiya Sangsad (JS) will take oath at Jatiya Sangsad (JS) here tomorrow. The lawmakers will first take oath as the members of parliament (MPs) and then as the members of the Constitutional Reform Council, said a press release of JS Secretariat today. Chief Election Commissioner (CEC) AMM Nasir Uddin is expected to administer the oath to the lawmakers at the Oath Room of the Sangsad Bhaban at 10 am, the release said. Cab...

Climate change could cut fashion profits by 34pc

Despite the increasing political rhetoric surrounding global warming, the financial impact of climate change is becoming increasingly difficult for corporate executives to ignore, according to a recent report by the Apparel Impact Institute. The report said that supply chain disruptions, rising energy costs, and rising raw material prices due to climate change are having a direct impact on company revenue and profits.
According to the report, if inaction on climate issues co...
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