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....

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...

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...

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...

Iran, UAE urge to halt Israeli attacks on Syria
Iran, UAE urge to halt Israeli attacks on Syria

Iran and the United Arab Emirates called for an immediate end to the Israeli regimes military strikes against Syria. In a telephone conversation on Thursday, Iranian Foreign Minister Abbas Araqchi and his Emirati counterpart Sheikh Abdullah bin Zayed bin Sultan Al Nahyan talked about the latest...

US Fed officials see inflation fight on track
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...

Emirates unveils its first A350 aircraft
Emirates unveils its first A350 aircraft

Emirates has officially unveiled the very first Airbus A350-900 to join its fleet at an exclusive event showcase in Dubai on Wednesday. The Emirates A350 is the first new aircraft type to join Emirates fleet since 2008. Apart from its newly delivered A350, Emirates operates two other aircraft...