New Bangladesh will be more prosperous: Finance advisor
New Bangladesh will be more prosperous: Finance advisor

Finance advisor Dr. Salehuddin Ahmed has voiced hope for a more prosperous future for Bangladesh, emphasizing the importance of unity and national progress. Speaking to reporters at the National Memorial in Savar on Wednesday, he paid tribute to the martyrs of the 1971 Liberation War. March 26...

Climate disasters have cost $4.3 trillion since 1970, UN report finds
Climate disasters have cost $4.3 trillion since 1970, UN report finds

Climate-related disasters have inflicted economic losses exceeding $4.3 trillion and claimed over two million lives worldwide between 1970 and 2021, according to a report by the UNs World Meteorological Organization (WMO). Released on World Meteorological Day, the report highlights the escalating...

Reeves confirms 15% cut to UK civil service running costs
Reeves confirms 15% cut to UK civil service running costs

Chancellor Rachel Reeves has confirmed a 15% reduction in Civil Service running costs by 2030, with savings targeting administrative roles rather than front-line services. The cuts, part of a wider government spending review, are expected to eliminate around 10,000 jobs, as Whitehall departments...

Economy recovers from the brink of crisis: Finance Adviser
Economy recovers from the brink of crisis: Finance Adviser

Finance Adviser Dr Salehuddin Ahmed has informed that the countrys economy has recovered from the brink of disaster. He added that Bangladesh is now attracting attention from many. Despite some mistakes, the situation is satisfactory. Adviser made this statement while speaking to the media...

Factories flattened under unprecedented pressure
Factories flattened under unprecedented pressure

With Eid approaching, business owners find themselves under immense financial pressure, struggling to balance wages and bonuses amid declining economic conditions. Factory owners, particularly in the garment industry, are finding it increasingly difficult to manage wage payments for February and...

‘Initiatives taken to create rural employments to infuse dynamism in economy’
‘Initiatives taken to create rural employments to infuse dynamism in economy’

Finance Adviser Dr Salehuddin Ahmed on Tuesday said that the government has taken various special initiatives to create rural employments to infuse dynamism in the economy. The current interim government has taken various steps to keep operational the production process at mills and factories...

Iran’s Javad Zarif resigns amid political tension
Iran’s Javad Zarif resigns amid political tension

Mohammad Javad Zarif, a key figure in Irans foreign policy and the face of the countrys negotiations with global powers, has resigned again amid intense political and economic pressure. The former foreign minister, renowned for his role in securing the 2015 nuclear deal, confirmed his resignation...

If the economy fails, democracy will fail
If the economy fails, democracy will fail

Economy and democracy are two sides of the same coin, like a railway track needing two parallel lines to function. A country cannot run effectively without a proper balance between its political and economic systems. When one falters, the other suffers. A fragile political system destabilizes the...

Economic stagnation continues
Economic stagnation continues

More than six months have passed since the Interim Government assumed power following the fall of the fascist Sheikh Hasinas government amid a Mass Uprising, yet there has been little to no visible progress in the countrys economy. Stagnation persists across all sectors, with business confidence...

Remittance through legal channel benefitting country's economy
Remittance through legal channel benefitting country's economy

Bangladesh is benefiting from the hard-earned remittances sent by expatriates through legal channels, speakers said at an orientation meeting at the Bangladesh High Commission in Sydney, Australia, reports BSS. The event, jointly organized by the Bangladesh High Commission and the Bangladesh...

2024 was rather successful for Russian economy
2024 was rather successful for Russian economy

Amidst the war against Ukraine, the Russian preside Vladimir Putin shared a good news for the country people. President Putin highlighted the economic success in the year 2024, saying: 2024 was successful for the Russian economy. The past year became rather successful for the Russian economy...

No hope on the horizon
No hope on the horizon

From business leaders to ordinary citizens, everyone in Bangladesh is feeling the weight of an escalating crisis. As Abu Ahmed, a former professor at Dhaka University, put it, There is no good news for the common people. Only desperation is growing. More than five and a half months have passed...

VAT hike to have no impact on essential goods prices: Finance Adviser
VAT hike to have no impact on essential goods prices: Finance Adviser

Finance Adviser Dr Salehuddin Ahmedassured that the recent decision to increase VAT on 43 items will not impact the prices of essential goods. He made this remark while speaking to the media following a meeting of the Advisory Council on Government Procurement at the Secretariat on Thursday (Jan...