Real income plummets despite inflation drop
Real income plummets despite inflation drop

The countrys inflation rate dropped to 9.32 per cent in February, the lowest in 22 months. However, this promising statistic does not inspire much hope among low- and middle-income people, whose hardships remain unchanged. Although inflation has slightly decreased, their incomes have not...

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...

Turkiye detains 17 individuals over stock market manipulation allegations
Turkiye detains 17 individuals over stock market manipulation allegations

Turkish authorities detained 17 people on Tuesday in connection with suspected stock market manipulation. The individuals are accused of creating artificial fluctuations in Istanbuls stock market, with the goal of securing unfair profits through manipulative practices in capital market instruments,...

Target to reduce cash flow
Target to reduce cash flow

The government is ramping up efforts to reduce inflation by tightening the flow of money in the economy. As part of the strategy, both deposit and loan interest rates have been increased, with the aim of curbing inflationary pressure. Although an increase in loan interest has an impact on...

UK inflation soars to 10-month high
UK inflation soars to 10-month high

UK inflation accelerated faster than expected at the start of this year, eating into workers wages and cutting the chance of an interest rate cut next month. The consumer prices index (CPI) measure of inflation rose to 3 percent in January, the Office for National Statistics reported, up from...

DeepSeek boosts tech stocks in China, Hong Kong amid easing trade concerns
DeepSeek boosts tech stocks in China, Hong Kong amid easing trade concerns

Chinese and Hong Kong stocks saw broad gains on Monday, with optimism surrounding AI startup DeepSeek continuing to drive the tech sector higher. Better-than-expected inflation data also helped boost investor sentiment, analysts told Khaleej Times. The Shanghai Composite Index rose 0.3%,...

Food inflation slips to 10.72% in Jan
Food inflation slips to 10.72% in Jan

The countrys food inflation dropped in January this year, continuing a positive trend from December 2024. The latest data from the Bangladesh Bureau of Statistics (BBS) shows that food inflation decreased by 2.2 percentage points, reaching 10.72%. In December, food inflation stood at 12.92%, and...

'Reducing inflation: Biggest challenge for Interim Government'
'Reducing inflation: Biggest challenge for Interim Government'

Finance Adviser Dr. Salehuddin Ahmed said inflation has risen due to the disrupted stock and supply of various essential commodities, including rice, adding that the biggest challenge for the Interim Government is to reduce inflation, and it will take at least three more months for it to reach a...

All eyes on Turkish central bank as markets brace for another rate cut
All eyes on Turkish central bank as markets brace for another rate cut

The Central Bank of the Republic of Turkey (CBRT) will hold its first monetary policy committee (MPC) meeting of the year on Thursday, as markets anticipate further action following Decembers surprise rate cutthe first in nearly two years, reads a Daily Sabah report. Independent economists and...

Erdogan criticizes opposition over mayor's arrest amid corruption probe
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
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
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
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
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
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 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
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...