Bangladesh, Singapore seek transparent, cost-effective worker migration
Bangladesh, Singapore seek transparent, cost-effective worker migration

Bangladesh and Singapore on Friday discussed ways in which the two countries could work together to further improve the end-to-end journey of prospective workers, help reduce costs and enhance transparency. Chief Advisers Special Envoy Lutfey Siddiqi made a courtesy call on Singapore Minister of...

Eurozone 2024 economic growth revised up to 0.9%
Eurozone 2024 economic growth revised up to 0.9%

The eurozone economy grew by 0.9% in 2024, revised data showed Friday, higher than a previous estimate of 0.7%, reports AFP. The EUs official statistics agency also revised growth for the fourth quarter of 2024 for the second time to 0.2% in the 20-country single currency area, from 0.1%...

Inflation Relief: Food costs dip, yet challenges remain
Inflation Relief: Food costs dip, yet challenges remain

Food inflation fell to a 21-month low in February, providing a glimmer of hope for struggling consumers. Moreover, overall inflation has also dropped compared to the previous month, according to a recent update by the Bangladesh Bureau of Statistics (BBS). Apparently, the interim governments...

Half of UAE residents spend more than they earn
Half of UAE residents spend more than they earn

A recent survey has revealed that just over half of UAE residents50.46 per centspent more than they earned in the past year. Conducted by the financial technology platform Yabi, the Financial Health Report 2024 highlights significant challenges in financial security and planning among residents,...

Govt ends special OMS program for low-income people
Govt ends special OMS program for low-income people

The government has decided to discontinue the special Open Market Sale (OMS) program that provided low-cost agricultural products to low-income groups via trucks. Finance Advisor Dr. Salehuddin Ahmed announced on Tuesday that the program would cease operations starting January, following a decision...

UK to announce significant hike in visa sponsorship fees
UK to announce significant hike in visa sponsorship fees

The UK Home Office is planning substantial increases in fees for immigration services, including the cost of issuing Certificates of Sponsorship (CoS), a requirement for hiring foreign workers on Skilled Worker visas. Currently, UK employers must provide a CoS for each overseas worker they hire....

Business owners push to close businesses due to rising costs
Business owners push to close businesses due to rising costs

Business owners are dealing with the burden of higher operating costs. High inflation and reduced purchasing power have caused a decline in the sales of goods and services, creating conflicting challenges for them. As a result, they are not inclined to make new investments. Instead, they are...

Hurdles facing investment in telecom sector
Hurdles facing investment in telecom sector

The Telecommunications sector of Bangladesh is at a crossroads, facing significant hurdles that demand immediate attention. The sector faces numerous obstacles deterring investment, according to industry experts, the challenges include fragmented licensing frameworks, restrictive regulations,...