১৮ জানুয়ারি, ২০২৫ ১৫:১০ এর সব খবর

Saturday, 18 January, 2025

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Headline

Erdogan criticizes opposition over mayor's arrest amid corruption probe

Turkish President Recep Tayyip Erdogan accused the opposition Republican Peoples Party (CHP) of pressuring the judiciary after Beşiktaş Mayor Rıza Akpolat was arrested on charges of rigging public tenders. Speaking in Konya on Friday, Erdogan condemned the CHP for defending Akpolat, asserting...

Country at 5 risks, inflation at top

The World Economic Forum (WEF) has highlighted five major risks facing Bangladesh this year, with inflation emerging as the top concern. This information was revealed in the WEFs Global Risk Report 2025, which draws on its annual Executive Opinion Survey (EOS). The survey participants are asked,...

Businessmen backed against the wall

Resentment among businessmen is mounting as they feel increasingly cornered by the challenges facing the economy. With no clear guidance to revive trade and business, many have turned to Bangladesh Bank Governor Ahsan H. Mansur, presenting a nine-point set of demands aimed at easing their burden....

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...

IMF predicts steady global growth, disinflation for 2025

The International Monetary Fund (IMF) expects steady global economic growth and ongoing disinflation in 2025, IMF Managing Director Kristalina Georgieva revealed ahead of the updated World Economic Outlook release on January 17, reports Reuters. Georgieva highlighted that the U.S. economy is...

Businesspeople in awe

The countrys industrial sector has been grappling with persistent challenges, with no signs of improvement. Difficulties are soaring for local industrialists as they have been struggling for a long time with dollar shortages, high interest rates, labour unrest, and other issues that made it harder...

Food inflation drops to 12.92% in Dec

Food inflation in Bangladesh stood at 12.92% in December, a slight decrease from 13.8% in November, according to the latest data from the Bangladesh Bureau of Statistics (BBS). This reduction in food prices contributed to a drop in the countrys overall inflation rate, which fell to 10.89% in...

Economy stuck in quicksand of crisis

The new year ushers in a deepening economic crisis, exacerbated by money laundering, corruption, mismanagement, and looting. Economists and analysts warn that persistent challenges, such as stagnation in business and trade, labor unrest, declining investment and employment, massive defaults on...

Turkiye raises minimum wage by 30% for 2025

Labor and Social Security Minister Vedat Isikhan announced that Turkiyes minimum wage will rise to TL 22,104 ($630.36) in 2025, reflecting a 30% increase from the previous year. The decision followed the fourth meeting of the Minimum Wage Determination Commission, held on Tuesday. On Tuesday...

Asia shares rally on US inflation relief

Asian shares rallied on Monday after a benign reading on US inflation restored some hope for further policy easing on 2025, while there was relief that Washington had averted a government shutdown, reports Reuters. After the bonanza of recent central bank decisions, this week is much quieter...

Recession not easing, raw material imports fall

Countrys trade has ground to a halt as the raw material imports fell to $5.27 billion in November, a sharp decline from $5.6 billion in the same month last year. This marks a troubling sign for the economy, as a reduction in imports is expected to fuel inflation and push up commodity prices....

Middle class caught in inflation trap

Food inflation in Bangladesh reached 13.80% last November, according to the Bureau of Statistics (BBS). This implies consumers spent Tk 113.80 on food that cost Tk 100 the previous year, an average increase of Tk 14. However, Saidul Alam, a private company employee from Rupnagar in the capital,...

‘Fabricated inflation figures presented during Sheikh Hasina’s regime’

Shafiqul Alam, press secretary to the interim governments chief advisor said inflation figures were presented to the public in a fabricated manner during Sheikh Hasinas regime. He made this remark at a workshop organized by Research and Policy Integration for Development on Sunday. Shafiqul...

Bank account freezes must follow legal process: Abdul Awal Mintoo

Prominent businessman and former FBCCI president Abdul Awal Mintoo criticized the recent freezing of bank accounts, calling the practice not legally valid. Speaking at the Economic Reporters Forum (ERF) in Paltan on Monday, he emphasized that such actions should strictly follow due legal process...

Bangladesh's inflation rate hits four-month high in November

Bangladeshs general point-to-point inflation rate surged to 11.38 percent in November, marking the highest rate in the past four months. This increase, up from 10.87 percent in October, is primarily attributed to a rise in food inflation, which climbed to 13.80 percent, compared to 12.66 percent...

Turkish inflation eases to 47.1% in November

Turkeys annual inflation rate slowed for the sixth month in a row in November, official data showed Tuesday. Consumer prices rose by 47.1 per cent last month, down from 48.6 per cent in October, according to the Turkish statistics agency, reports AFP. Bd-pratidin English/Fariha Nowshin...

US Fed officials see inflation fight on track

The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, three Federal Reserve officials said Monday, with one indicating tentative support for another rate cut this month. The US central bank has been on a journey since the Covid-19 pandemic, hiking...

Sri Lanka records highest deflation in 63 years

Sri Lankas consumer prices fell by 2.1 percent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data showed Saturday, reports BSS. An unprecedented financial crash in 2022 brought months of consumer goods shortages, with inflation...

The growing scourge of plastic pollution

Nations could agree in December on a world-first treaty to reduce the amount of plastic leaking into the environment which, if nothing is done, is forecast to triple by 2060, reports BSS. How did we get here? And what are the impacts on the environment and the climate? Plastic boom Global...