Chuadanga, June 10 -- Emphasising the need for an elected government, newly elected president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Mahmud Hasan Khan Babu has said there is no alternative to a people-mandated government to remove insecurity of investors.

He made the remark while exchanging views with reporters at a hotel in Chuadanga district headquarters on Monday night.

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"Currently, there is a caretaker [interim] government in the country, and investors are in uncertainty. The decrease in investment has created a kind of stagnation in the economy. Those who want to establish new industries or start a business are also waiting for an elected political governme...