Can high rates revive investment?
Can high rates revive investment?

Bangladesh Bank is set to keep its benchmark policy rate unchanged at 10% when it unveils its Monetary Policy Statement (MPS) for the first half of FY27 on Tuesday, reinforcing its commitment to taming stubborn inflation despite growing concerns that prolonged high borrowing costs are stifling...

Modi’s diplomacy key to India’s investment appeal, says Shringla
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....

Govt sets 5  energy security milestones to break import dependence: Titumir
Govt sets 5 energy security milestones to break import dependence: Titumir

Prime Ministers Adviser on Finance and Planning Rashed Al Mahmud Titumir said the government has begun work on achieving five major milestones to strengthen Bangladeshs energy security and reduce dependence on imported fuel, reports UNB. He made the remarks on Sunday while addressing a dialogue...

No more fairs at playgrounds, says State Minister Aminul
No more fairs at playgrounds, says State Minister Aminul

State Minister for Youth and Sports Md. Aminul Haque said no further permission will be granted to hold fairs at stadiums, stressing the need to protect sports facilities, reports UNB. He made the remarks while speaking to reporters after a session of the DC Conference at the Osmani Memorial...

Coinbase says deal reached on stablecoin rewards, boosting US crypto bill
Coinbase says deal reached on stablecoin rewards, boosting US crypto bill

Coinbase Global Inc. said an agreement has been reached on a key stablecoin yield provision, a development that could help advance long-stalled crypto legislation in the US Senate, reports Reuters. The dispute over whether crypto exchanges should offer rewards to customers holding stablecoins...

61% of Americans say US war against Iran was a mistake
61% of Americans say US war against Iran was a mistake

A majority of Americans believe the US militarys use of force against Iran was a mistake, according to a poll released Friday. The The Washington Post-ABC News-Ipsos survey found that 61% of respondents said the action was wrong, while fewer than 2 in 10 viewed it as successful. About 40%...

Govt drafts Tk 9 trillion ($82 billion) budget to steady economy
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...

Kim Jong Un hails ‘self-blasting’ troops in Ukraine war
Kim Jong Un hails ‘self-blasting’ troops in Ukraine war

Kim Jong Un praised North Korean soldiers who killed themselves by detonating grenades while fighting alongside Russian forces in Ukraine, reinforcing what observers have long suspected to be an unofficial battlefield policy. In a speech this week, he described those who unhesitatingly opted for...

No tolerance for disinformation-based photo cards, says adviser Zahed Ur Rahman
No tolerance for disinformation-based photo cards, says adviser Zahed Ur Rahman

Prime Ministers Information and Broadcasting Adviser Zahed Ur Rahman has said the government will take a firm stance against disinformation, warning that false or misleading content will not be tolerated in the media. We will take a strong stance on this. We will not allow disinformation-based...

Export decline not caused by fuel disruption, says Jute Minister
Export decline not caused by fuel disruption, says Jute Minister

Khandakar Abdul Muktadir, Minister for Textiles and Jute, said the idea that exports have declined due to fuel disruption is incorrect, attributing the slowdown to weak global demand. Speaking to journalists after visiting an industrial site in Siddhirganj on Saturday, the minister said...

NBR to focus on removing non-tariff barriers instead of cutting tariffs
NBR to focus on removing non-tariff barriers instead of cutting tariffs

The National Board of Revenue (NBR) is moving away from its traditional reliance on customs duty adjustments and will instead focus on removing non-tariff barriers to support macroeconomic recovery, NBR Chairman Md Abdur Rahman Khan said on Wednesday, reports BSS. He made the remarks at a...

Initiative to make unused mobile data validity unlimited: minister
Initiative to make unused mobile data validity unlimited: minister

The government will take initiatives, in consultation with all stakeholders, to make the validity of unused mobile data unlimited, Posts, Telecommunications and Information Technology Minister Faqir Mahbub Anam told Parliament on Wednesday. He made the remarks while responding to a scripted...

Jamaat voices concern over fuel price hike
Jamaat voices concern over fuel price hike

Bangladesh Jamaat-e-Islami has expressed deep concern and protest over the governments decision to raise fuel prices, warning of broad economic consequences. In a statement issued Sunday, the partys Secretary General and former lawmaker Mia Golam Parwar criticized the move, citing significant...

Govt moves to double scholarships at all education levels
Govt moves to double scholarships at all education levels

The government has moved to double scholarship amounts at all levels of education in a bid to support marginal and meritorious students and help them cope with rising living costs. Under the new initiative, students receiving both merit- and general-category scholarshipsfrom primary to...

No additional tax burden in next budget, says commerce minister
No additional tax burden in next budget, says commerce minister

Commerce Minister Khandaker Abdul Muktadir on Monday said no additional tax burden will be imposed on businesses in the upcoming 202627 fiscal year budget, emphasizing the governments focus on expanding the tax base. We need to increase the tax base to ensure revenue discipline, he said. Rather...

Awami League, Sheikh Hasina have no presence in Bangladesh now: PM’s adviser
Awami League, Sheikh Hasina have no presence in Bangladesh now: PM’s adviser

Prime Ministers Foreign Affairs Adviser Humayun Kabir on Monday said that the Awami League and its leader Sheikh Hasina currently have no role in Bangladesh, describing the ousted former prime minister as a terrorist. He made the remarks while responding to questions from journalists. On...