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Associated Press
22-05-2025
- Business
- Associated Press
DigiProd Pass signs MoU with BGMEA: Preparing Bangladesh's Garment Supply Chain for EU Market Compliance
DigiProd Pass Ltd., Digital Architect, and BGMEA launch a pilot to implement blockchain-based Digital Product Passports in Bangladesh's garment industry MANCHESTER, UNITED KINGDOM, May 22, 2025 / / -- DigiProd Pass Ltd. and Digital Architect, signed a Memorandum of Understanding (MoU) today with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to initiate a pilot project for implementing a blockchain-enabled Digital Product Passport (DPP) system in the Bangladeshi garment industry. The MoU signing ceremony took place at the BGMEA Complex in Uttara, Dhaka, signifying a major step forward in the industry's commitment to transparency, sustainability, and alignment with international regulatory standards. The MoU was signed by BGMEA Administrator Mr. Anwar Hossain, Mr. Salauddin Sohag, Managing Director of DigiProd Pass Ltd., and Dr. Fahim Chowdhury, CEO of Digital Architect and Technovative Solutions Limited. Over the 24-month pilot period, BGMEA will onboard selected garment manufacturers and coordinate data provision and integration support. DigiProd Pass Ltd. will lead the technical development and implementation of the DPP platform, while Digital Architect will act as the local technology partner, delivering services such as Life Cycle Assessment (LCA), data collection, system deployment, training, and integration. An image of DigiProd Pass signs MoU with BGMEA The pilot initiative seeks to assess the feasibility of designing, developing, and implementing a Digital Product Passport (DPP)—a digital tool aimed at enhancing traceability and accountability throughout the garment value chain. By capturing and sharing verified data on a product's lifecycle, environmental footprint, and sustainability performance, the DPP is positioned to strengthen Bangladesh's competitive edge in the global apparel market. The urgency of this pilot project is underscored by the fact that a very significant percentage (almost 60%) of Bangladesh's garment exports are destined for the European market, making the EU the country's single largest apparel market. As such, compliance with evolving EU standards is not optional—it is essential. The DPP is a fundamental requirement under the EU's Ecodesign for Sustainable Products Regulation (ESPR), adopted by the European Parliament in April 2024, with phased implementation beginning in 2026. This legislation will mandate that textile and other high-impact products entering the EU market carry a digital passport containing data on sustainability, durability, and environmental impact. For Bangladesh, which is the second-largest garment exporter globally, embracing DPP now is a strategic move to safeguard and future-proof its access to the EU market. This pilot project's core objectives include evaluating the technical and operational viability of the DPP system, promoting transparency and traceability in garment production, supporting adherence to sustainability and regulatory standards, and training relevant stakeholders while assessing the system's potential for broader industry-wide adoption. About DigiProd Pass Ltd. DigiProd Pass Ltd. is the specialist division of Technovative Solutions Ltd, a UK research-based organisation dedicated to the advancement of innovative digital solutions to address real-world challenges. DigiProd Pass Ltd. brings proven expertise in blockchain-based product traceability and compliance systems, with experience working on EU-aligned sustainability frameworks such as Life Cycle Assessment (LCA) and Product Environmental Footprint (PEF). DigiProd Pass' established understanding of European regulatory landscapes, combined with a strong commitment to ethical sourcing and transparent supply chains, makes the company a highly relevant technology partner for Bangladesh's apparel sector, especially in preparing for evolving EU market requirements. Offering traceability from source through production and sale to end-of-life, DPPs of DigiProd Pass provide evidence of standards, compliance, environmental and social responsibility. About Digital Architect Digital Architect is a Bangladesh-based technology solutions provider and the local partner of DigiProd Pass Ltd., both divisions of Technovative Solutions Ltd, a UK research-driven organisation committed to developing cutting-edge digital innovations for global impact. As a key technology enabler in the Digital Product Passport (DPP) pilot initiative with BGMEA, Digital Architect will contribute and support the local deployment, integration, and stakeholder training essential to the success of the project. The company brings specialised expertise in Fintech and software services, alongside hands-on capabilities in Life Cycle Assessment (LCA) and sustainability data collection. With a strong focus on transparency, traceability, and regulatory compliance, Digital Architect is uniquely positioned to bridge global technological frameworks with local industry needs. Salauddin Sohag DigiPord Pass Ltd. email us here Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. 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Economic Times
18-05-2025
- General
- Economic Times
Panchang for Today, 18th May 2025: A spiritually charged Sunday aligned with purpose and clarity under Shubha & Shukla Yoga
This concise Panchang is specially curated to guide you through the day's energies with ease. The Sun is the planet in control of the day, and actions require integrity, confidence, and a strong sense of direction. The day brings structure, patience, and long-term planning. energy, all of which are favored by the Moon in Capricorn. Important DetailsTithi : Krishna Panchami TithiNakshatra : Uttara Ashadha NakshatraYoga : Shubha Yoga Abhijit Muhurat: (11:50 AM - 12:45 PM) is a favorable day to make important decisions. Rahu Kalam (05:24 PM - 07:07 PM) should be avoided when embarking on new ventures. The above combinations characterize the day, lending a spiritually charged vibration to the day's actions and decisions. With the energies of the Sun, representing willpower and self-expression, fueling this Sunday (Ravivara) and the Moon in Capricorn (Makar Rashi), responsibilities, discipline, and goal-oriented actions are the order of the day. Additional Information Sun Rise 05:29 AM Sun Sign Vrishabha Sun Set 07:07 PM Moon Sign Makar Moon Rise 12:08 AM, May 19 Paksha Krishna Moon Set 09:49 AM Auspicious Time Period Abhijit: 11:50 AM to 12:45 PM Inauspicious Time Period Gulikai Kalam: 03:42 PM to 05:24 PM Yamaganda: 12:18 PM to 02:00 PMRahu Kalam: 05:24 PM to 07:07 PM Explaining the PanchangWhat is Tithi? Tithi literally means the day of the Moon, and its location at any given time. It provides indications regarding the mood of the individual and decision-making ability. Tithi specifies certain spiritual influences in particular. All Tithis are significant in one way or another, so to indicate certain times which will be appropriate for significant things or activities is needed. Tithi for today : Panchami upto 05:57 AM, then Shashthi What is a Nakshatra? Nakshatras refer to moon constellations and a way to discover one's personality and line of life. Each Nakshatra has characteristics that determine the personality, traits, and deficits of an individual. Discovering one's Nakshatra would tell a person a great deal about his nature, emotional realm, spiritual unfolding, and global relationship. Nakshatra for today - Uttara Ashadha upto 06:52 PM What is Yoga? Yog is a celestial alignment that has an effect on the cosmic energy of the day. Every Yog has some qualities to direct the potential for prosperity, success, and spiritual progress. Understanding the 'Yog' at birth aligns an individual with favorable energy for life advancement. Yoga for today : Shubha upto 06:43 AM, then Shukla What is Karana? One Karan depicts half of a Tithi and is impacting specific actions and energies. Every Karan impacts timing, choice-making, and self-growth. This helps to understand which timings will be more appropriate for initiating new work, self-study, or spiritual practice. Karana for today: Taitila upto 05:57 AM, then Garaja upto 06:08 PM Vaar or Day of the week: Vaar refers to days of the week ruled by a planet and the planet thereby ruling the day's energy. Individuals say that your birth Vaar determines your nature, your sensitivity in emotions, and your approach to life. Knowing your birth Vaar helps in harmonizing your behavior according to the nature of planetary influence ruling the specific day. Day of the Week : Sunday —---------------------------------------------------------------------------------------------------------------------------- This daily Panchang has been brought to you by For Feedback, please write to hello@ Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
