Bangladesh Bank data showed that the opening of letters of credit (LCs) increased by 4.5% to US $ 29.69 billion during July–November of FY '26, compared with US $ 28.4 billion in the same period of the previous year.
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Shops, shopping malls and footpaths across the city are displaying a wide range of winter wear, including jackets, sweaters, blazers, hoodies, sweatshirts, heavyweight T-shirts, mufflers, ear caps and other seasonal items in various designs, sizes and qualities.
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Banks have been directed to ensure that the estimated cash conversion cycle used to determine the usance period reflects a realistic assessment based on each customer’s historical operating performance and transaction patterns.
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The study highlighted that exporters are already operating on thin profit margins, leaving limited scope to absorb additional tariff costs without financial strain.
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In October, reports emerged that several senior executives were leaving the group as part of a broader reorganisation, with Metrick expected to take on a more direct role in managing relationships with brand partners.
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Wilson has also submitted a non-binding shareholder proposal seeking to declassify the board, a move that would require all directors to stand for election annually rather than on a staggered basis.
