- Economy, trade and investment hit by ineffective monetary policy
- Vaccine to tackle Ebola outbreak will take six to nine months, says WHO
- Why is murder on the rise?
- Asif Nazrul’s intervention leads to Simeen’s discharge
- 26 vessels allowed to pass through Hormuz: IRGC
- An inactive ACC, active harassment
- Return train journey: Tickets for 31 May go on sale today
- US police officers sue Trump over $1.8bn ‘anti-weaponisation’ fund
- Bangladesh hits all-time high 17,200MW power generation
- Tea exports shrink despite rising production
- Iran reviewing new US proposal amid ongoing talks
- Iran defines new supervisory zone across Strait of Hormuz
- Palestinians in Gaza barred from Hajj, animal sacrifice
- Main Eid Jamaat to be held at National Eidgah at 7:30 am
- Ready to assist US-Iran talks but won’t impose its help: Russia
- Remittance inflow surges 82.4pc in 1st 19 days of May
- Kings clinch hat-trick Federation Cup title
- Mirza Abbas urges countrymen to pray for his early recovery
- Govt won’t impose any unilateral decision on media commission formation: Swapon
- Security without accountability can never ensure global stability: Speaker
Economy, trade and investment hit by ineffective monetary policy
The public mood is extremely fragile at present. In reality, it is the worsening state of peoples finances that is intensifying their frustration. In particular, people have become deeply distressed and angry under the burden of the runaway prices of essential commodities. For several years now, a...
FBCCI faces leadership vacuum as election deadlock drags on for 20 months
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the countrys apex business body, has been operating without elected leadership for nearly 20 months, raising concerns among business leaders over the absence of effective representation during a period of mounting economic...
Modi’s diplomacy key to India’s investment appeal, says Shringla
Former Foreign Secretary of India Harsh Vardhan Shringla on Wednesday said Foreign Direct Investment (FDI) remains a key pillar of Indias economic strategy, crediting Prime Minister Narendra Modis global outreach, including his recent five-nation tour, for strengthening investor confidence....
Bangladesh to be made a technology producing and exporting country: ICT Minister
Minister of Posts, Telecommunications and Information Technology Faqir Mahbub Anam said Bangladesh aims to become a technology-producing and exporting country rather than remaining only a user of technology. He made the remarks while addressing the inaugural ceremony of World Telecommunication...
Israeli attacks cost Lebanon an estimated $2bn: Minister
Lebanese Economy Minister Amer Bisat has said that Lebanon is estimated to have lost up to $2bn due to Israels escalation of its war on the country since March 2, reports Al Jazeera. The impact has been fairly major. We think of them in terms of m ultiple challenges. One challenge is the...
Industries to be expanded further to reduce unemployment: Minister Muktadir
Industries Minister Khandker Abdul Muktadir has said the government plans to expand industrialisation across the country to create employment opportunities and reduce unemployment, reports UNB. He made the remarks on Saturday while visiting the Thakurgaon BSCIC Food Processing Industrial Estate....
Govt wants to enhance Ctg port efficiency to cut business costs: Minister
Commerce Minister Khandaker Abdul Muktadir has said the government aims to enhance the efficiency of Chattogram Port to reduce business costs and create an investment-friendly environment ahead of LDC graduation. He made the remarks on Wednesday while addressing a seminar jointly organized by...
Circular economy key to global competitiveness: Muktadir
Commerce Minister Khandakar Abdul Muktadir said circular economy adoption is now essential for Bangladeshs industrial competitiveness, sustainable growth and stronger global positioning, reports BSS. Speaking at a seminar on circular economy initiatives, he said global trade is increasingly...
Govt drafts Tk 9 trillion ($82 billion) budget to steady economy
Bangladesh is preparing to unveil a national budget that could approach approximately Tk 9 trillion (Tk9 lakh crore or $82 billion) for the 202627 fiscal year, at a time of mounting economic pressure and global uncertainty. Finance Minister Amir Khasru Mahmud Chowdhury is set to present the...
Oil prices rise as Pakistan ceasefire talks stall
Oil prices climbed at Sundays open as markets reacted to stalled ceasefire efforts involving Pakistan, reports AP. U.S. benchmark West Texas Intermediate rose 2% to $96.50 a barrel, marking a 44% increase from its pre-war level of around $67. Brent crude, the global benchmark, gained about 3% to...
Fragile economy amid interim government’s inefficiency
Prime Minister Tarique Rahman is reportedly struggling to manage a fragile economy burdened by depleted reserves and mounting debt following the tenure of the interim government led by Muhammad Yunus. Yunus, a Nobel laureate known globally for promoting the Three Zeros concept, has faced...
Passenger Welfare Association proposes 15 paisa hike in bus fares
Passenger Welfare Association of Bangladesh (Bangladesh Jatri Kalyan Samity) has proposed a 15 paisa per kilometre increase in bus fares following the recent fuel price hike, while criticizing the process of fare revision. The organization alleged that a section of influential leaders within...
Agriculture and farmers are the backbone of the economy: Information Minister
Information and Broadcasting Minister Zahir Uddin Swapan emphasized that agriculture and farmers remain the primary driving force of the countrys economy, reports BSS. Agriculture and farmers are the backbone of our economy, he said while addressing a colorful rally organized by Dhaka Reporters...
Growth may reach 4% in current fiscal year: ADB
The Asian Development Bank (ADB) has projected Bangladeshs economic growth at 4 percent for the current fiscal year, noting that the impact of the Middle East conflict is expected to gradually ease. The forecast was outlined in the latest edition of the Asian Development Outlook (ADO), released...
Bangladesh economy set for gradual recovery through FY27: ADB
Bangladeshs economy is expected to recover gradually over the next two fiscal years, with growth projected to rise to 4.0% in FY2026 and 4.7% in FY2027, up from 3.5% in FY2025, according to the Asian Development Banks Asian Development Outlook (April 2026) released Wednesday. The improved...
Middle East war shock may slow growth, hit trade and incomes
The ongoing conflict involving Iran, the United States and Israel has shaken global energy markets, raising concerns about a direct economic fallout for Bangladesh, which remains heavily dependent on energy imports. A new assessment by the South Asian Network on Economic Modeling warns that a...
Our economy under pressure due to war, says Relief Minister
Bangladeshs economy is coming under increasing pressure due to the ongoing war in the Middle East and related fuel disruptions, Disaster Management and Relief Minister Asadul Habib Dulu said on Friday. He made the remarks while inaugurating the Itapota Government Primary School and Flood Shelter...
The main goal is not to print money, but to increase investment: Finance Minister
Finance Minister Amir Khasru Mahmud Chowdhury said Bangladesh aims to transition from a debt-based economy to an investment-driven economy. He made the remarks while speaking to reporters at the Secretariat on Wednesday. We do not want to print money. Our focus is on attracting investmentboth...
Asian stocks slide, oil surges as Iran conflict pushes US fuel above $4
Asian stocks tumbled on Tuesday while oil prices surged, as the ongoing Iran-related conflict continued to unsettle global markets and drive up energy costs, reports Al Jazeera. South Koreas benchmark Kospi index led regional losses, plunging 3.82 percentdown more than 200 pointsto 5,075.92 as...
Global economy faces 'major threat' from Strait of Hormuz crisis, warns IEA chief
The global economy is under major threat due to the energy crisis triggered by the ongoing conflict in the Middle East, International Energy Agency (IEA) chief Fatih Birol warned on Monday, adding that no country will be immune to its far-reaching effects, reports AFP. Speaking at the National...
US to temporarily lift sanctions on Iranian oil for 30 days
The United States said it would temporarily lift sanctions on Iranian crude oil and petroleum products for 30 days, amid ongoing disruptions to global energy supplies. The US Treasury Department announced that the temporary authorization would apply only to shipments already in transit, and not...
Economy faces multiple challenges
Bangladeshs economy faces multiple challenges amid the ongoing conflict involving Iran, the United States and Israel, with economists warning of possible shocks in energy supply, trade and labour markets. Experts say the war could trigger disruptions in maritime transport, migrant labour markets...
Iran warns of long war that could ‘destroy’ world economy
Iran warned Wednesday it could wage a prolonged war with the United States and Israel that would destroy the global economy, as attacks in the Gulf effectively halted transit through the strategic Strait of Hormuz, reports AFP. Under political pressure over the economic fallout from the...
Goods prices will not rise, govt creating investment-friendly environment: Commerce Minister
The prices of goods in Bangladesh will not rise for the time being, Commerce Minister Khandakar Abdul Muktadir said on Tuesday. Speaking while distributing family cards to beneficiaries in three villages of Ward No. 6, Kulonj Union, Dirai Upazila, the minister said the current government is...
War in the Middle East: How the play is impacting the global economy
The war in the Middle East is sending shockwaves through the global economy, rattling energy markets, disrupting shipping routes and prompting governments to consider emergency measures to stabilise fuel supplies. Oil prices fell sharply after US President Donald Trump suggested the conflict was...
Forex reserves stand at $35.33b
Bangladeshs foreign exchange reserves stood at $35.33 billion, according to the latest data released Tuesday by Bangladesh Bank (BB). However, under the International Monetary Fund (IMF)s BPM6 accounting methodology, the countrys reserves amounted to $30.58 billion, the central bank said. The...