Somali pirates head back to sea
Somali pirates head back to sea

Shipping has been warned that Somali pirates are back hunting for targets. British maritime security consultants Ambrey has issued a notice to clients detailing a suspected pirate action group sighted departing Marreya, Eyl, to the northeast of Somalia. Merchant vessels are advised to...

BB announces monetary policy, keeping policy rate unchanged at 10%
BB announces monetary policy, keeping policy rate unchanged at 10%

The Bangladesh Bank (BB) on Monday announced monetary policy for the second half of the current fiscal year, saying it would keep its policy rate, at which it lends to commercial banks, unchanged at 10% till June 10 to reduce inflation. Governor Dr Ahsan H Mansur presented the new monetary...

Dalton Investments demands resignation of Fuji Media advisor Hisashi Hieda
Dalton Investments demands resignation of Fuji Media advisor Hisashi Hieda

U.S. investment fund Dalton Investments has intensified its pressure on Fuji Media Holdings, demanding the resignation of Executive Managing Advisor Hisashi Hieda. In a letter to the companys board on Monday, the fund criticized Fuji Medias handling of the recent scandal involving television...

Dubai to welcome world's tallest wellbeing resort by 2028
Dubai to welcome world's tallest wellbeing resort by 2028

Dubai is set to become home to the worlds tallest wellbeing resort as part of the Dubai Quality of Life Strategy 2033, announced Sheikh Hamdan on Tuesday. The ambitious project, named Therme Dubai, will be located at Zabeel Park and is scheduled to open in 2028, reports Khaleej Times. The city...

NATO plans to oust Zelensky – Russian intelligence agency
NATO plans to oust Zelensky – Russian intelligence agency

The US-led NATO alliance views Ukrainian President Vladimir Zelensky as an obstacle to peace talks and is working to discredit him ahead of potential elections next fall, according to a statement by Russias Foreign Intelligence Service (SVR) on Monday; reads an RT report. The SVR claims that...

High interest rates deepen trouble for businesses and employment
High interest rates deepen trouble for businesses and employment

The surge in inflation is eroding household incomes and employment opportunities, driven largely by rising bank loan interest rates and reduced production. While depositors may benefit from higher interest rates, the banking sector and businesses face significant challenges. Banks are struggling...

Inflation can be reduced to 6-7% in next FY
Inflation can be reduced to 6-7% in next FY

Dr Zahid Hussain, a prominent figure and former lead economist at the World Banks Dhaka Office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 percent in the next fiscal year (FY26) if the country does not face natural or political...

Singapore charges ex-director in landmark money laundering case
Singapore charges ex-director in landmark money laundering case

Singapore has charged Wang Junjie, a former director of corporate service provider LW Consultancy Pte Ltd, for his alleged involvement in the city-states largest money-laundering case, worth a record S$3 billion (US$2.2 billion), reports Bangkok Post. The Singapore Police Force announced on...

Emirates cancels some flights to the US
Emirates cancels some flights to the US

Emirates Airlines has cancelled its flights to Houston, Texas, amid severe weather conditions. In a travel update shared on its website, the airline said, Flight EK211 Dubai to Houston and EK212 Houston to Dubai flights operating on January 21 have been cancelled. The airline said it regrets...

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...

Auto financing in Pakistan rises amid interest rate cuts
Auto financing in Pakistan rises amid interest rate cuts

Auto financing witnessed a slight increase, reaching $847.63 million in December 2024 from $844.56 million in November, according to data from the State Bank of Pakistan (SBP). This marks a reversal of the negative trend seen in November, when financing declined from $850 million in October. For...

Gaza ceasefire deal: Palestinians celebrate victory
Gaza ceasefire deal: Palestinians celebrate victory

The Palestinian Islamic Resistance Movement (Hamas) and Israel on Wednesday announced that they have agreed to a ceasefire to pause the 15-month war. Celebrations break out in in Gaza following reports that Israel and Hamas have reached a ceasefire deal that would also see the return of...

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....

What Antony Blinken reflects on about America’s role in world as his term as secretary of state ends
What Antony Blinken reflects on about America’s role in world as his term as secretary of state ends

With just over a week remaining in his tenure as U.S. Secretary of State, Antony Blinken continues to focus on diplomacy and global alliances. Recently completing what is likely his final international tour, Blinken met with world leaders in Seoul, Tokyo, Paris, and Rome, emphasizing the importance...

Magisterial powers of armed forces extended for another 60 days
Magisterial powers of armed forces extended for another 60 days

The Ministry of Public Administration announced on Sunday that the magisterial powers of Army, Navy, and Air Force officers have been extended for another 60 days, effective from January 14. This marks the second extension. According to the notification, Army captains and equivalent commissioned...

One more dies of dengue in 24 hours
One more dies of dengue in 24 hours

One more dengue patient died and 45 others were hospitalised in the last 24 hours till Saturday morning in the country. The dengue death toll has risen to four so far this year. During the period, 24 dengue patients were hospitalised in Dhaka city while 21 patients were admitted to different...

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...

Revolutionaries who ended ‘Black Age’ must be honored: Golam Parwar
Revolutionaries who ended ‘Black Age’ must be honored: Golam Parwar

Jamaat-e-Islami Secretary General Professor Mia Golam Parwar has emphasized the need to honor the sacrifices made by those who brought an end to the Black Age in Bangladesh, reports BSS. Speaking at a workers conference on Friday at Bhabanipur Muktijoddha College ground in Gazipur Sadar Upazila,...

'July Uprising Directorate to be formed under the Liberation War Ministry'
'July Uprising Directorate to be formed under the Liberation War Ministry'

Information and Broadcasting Advisor Nahid Islam said the July Uprising directorate is being set up under the Liberation War Affairs Ministry. He said that the martyr families and the injured will be provided lifelong assistance and rehabilitation through this department. Already, 826 martyr...

Chinese company Geely Auto’s sales exceed 2.17 million units in 2024
Chinese company Geely Auto’s sales exceed 2.17 million units in 2024

Geely Auto has announced a record-breaking 2024 sales of 2.17 million units, marking a 32% year-on-year growth. Its international business saw a significant leap, with exports reaching 403,923 unitsup 53% from the previous year. The company authority claimed this huge sales on Monday in a press...

Factories closing, stagnation in investment
Factories closing, stagnation in investment

With a growing number of factory closures, Bangladeshs economic outlook is becoming increasingly uncertain; also stagnant investment is signaling a broader crisis. Private sector credit has hit a 42-month low, while rising interest rates and a faltering business environment have dampened both...

China’s ‘metal storm’ weapon can fire millions of rounds per minute, scientists claim
China’s ‘metal storm’ weapon can fire millions of rounds per minute, scientists claim

Chinese scientists are developing a machine gun capable of firing bullets at an unprecedented ratepotentially the fastest in history. The weapon, which is described as a metal storm, consists of five or more barrels, each capable of firing 450,000 rounds per minute. The resulting barrage has an...

Dollar price dearer despite record remittance inflows
Dollar price dearer despite record remittance inflows

Despite record remittance inflows, the price of the US dollar remains high. The value of the dollar is still over the top in the kerb market. The price has risen further over the past week. In some places in the kerb market, the exchange rate stands at Tk 129 per dollar. Although remittance...

State-subsidized loans at 3% interest for Nepalese startups launching in March 2025
State-subsidized loans at 3% interest for Nepalese startups launching in March 2025

Nepalese startups will soon benefit from subsidized loans, with disbursement beginning in March 2025 under the Startup Enterprise Credit Operation Work Procedure. Eligible startups can borrow up to $18,800 (equivalent to Rs2.5 million) at an annual interest rate of 3%, aiming to boost innovation...

There will be no shortage of goods in Ramadan: DNCRP DG
There will be no shortage of goods in Ramadan: DNCRP DG

Director General (Grade-1) of the Directorate of National Consumer Rights Protection (DNCRP) Mohammed Alim Akhter Khan has said there will be no goods crisis during the upcoming Ramadan. We will try to keep the prices of essential commodities under control during the Ramadan and there will be...

Smart money strategies to increase savings in 2025
Smart money strategies to increase savings in 2025

As inflation continues to push up the cost of everyday essentials, managing regular expenses can feel daunting, making it hard to save for the future. However, building a financial safety net has never been more important. In 2025, saving money requires a smarter strategyoptimizing expenses,...

Dengue claims two more lives in 24 hrs
Dengue claims two more lives in 24 hrs

Two more dengue patients died and 165 others were hospitalised in the past 24 hours till Sunday morning in the country. The dengue death toll has risen to 563 so far this year. During the period, 44 dengue patients were hospitalised in Dhaka city while 144 patients were admitted to different...

Timor-Leste President calls upon global leaders to work towards establishing peace
Timor-Leste President calls upon global leaders to work towards establishing peace

President of Timor-Leste José Ramos-Horta on Tuesday shared his valuable insights on the challenges of peace in the contemporary world including the Rohingya crisis and its impact in the region. He urged world leaders to contribute from their position for a sustainable peace and tranquility in...