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    <pubdata type="print" name="DailyStar" date.publication="20251015T000000+5.30" edition.name="Business" edition.area="BUS" position.section="DST15102503BUS-BIZINNER" position.sequence="3" ex-ref="DST15102503BUS-BIZINNER.indd" />
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		<lang class="3" colour="#000000" orgstyle="HEAD new 2" style="Headline1"  font="Blacker Pro Display" fontStyle="Regular" size="25">Cap exports rise </lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="FROM PAGE" font="Blacker Pro Display" fontStyle="Bold" size="7">FROM PAGE B1
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">competitive in a global market increasingly focused on sustainability and efficiency,” she said.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">With over two decades of experience, Actor Sporting Ltd stands as a model of resilience and innovation in Bangladesh’s growing apparel diversification journey.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“The future is bright. By staying ahead of trends in technology and sustainability, Bangladesh can become a global leader in ethical headwear and sports fashion,” said Yiu.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">ASM Anwar Parvez, executive director (public relations) of the Bangladesh Export Processing Zones Authority (Bepza), highlighted the growing role of EPZ-based cap manufacturers in the country’s export landscape.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">According to Bepza data, there are four cap factories operating inside the Dhaka and Chattogram EPZs. They collectively exported $64 million worth of headwear products in fiscal year 2024-25.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">In the Chattogram EPZ, two factories—Young An Hat (BD) Ltd and Young An International (BD) Limited—are both based on South Korean investments.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Meanwhile, Dhaka EPZ hosts Actor Sporting Ltd, a Hong Kong-based company, and Dhakarea Ltd, another South Korean venture.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">These factories represent the growing presence of foreign direct investment in Bangladesh’s headwear manufacturing sector, driven by global demand and export diversification.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">As of August 2025, these four companies have brought in a cumulative investment of $54 million, and together they employ 4,130 Bangladeshi nationals.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“The sector is expanding steadily, and the potential for future growth is strong, especially as global buyers diversify sourcing destinations,” said Parvez.
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		<lang class="3" colour="#000000" orgstyle="HEAD 1C new" style="Headline2"  font="Blacker Pro Display" fontStyle="Regular" size="19">BB buys $38m more from market </lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="FROM PAGE" font="Blacker Pro Display" fontStyle="Bold" size="7">FROM PAGE B1
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">than $25 billion from its forex reserves to help cover imports of fuel, fertiliser, and food between FY21 and FY25, has been purchasing the greenback since the start of this fiscal year as supply increased owing to higher exports and remittances.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Since early July, the taka has been gaining against the dollar, which traded as high as Tk 121.80 yesterday.</lang>
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