The apparel exporters may face another blow from the National Board of Revenue (NBR) as it plans to increase its corporate tax rate to up to 20% from the next fiscal year, according to sources.

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Nobel Laureate and US economist Paul Krugman has criticised the United States' imposition of high tariffs on clothing imports from Bangladesh, calling it counterproductive and harmful to American consumers.

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The country's export earnings grew by nearly 11% in the first eight months (July-February) of the ongoing fiscal year compared to the same period last year.

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