Tomato farmers face crisis as prices collapse
Tomato farmers face crisis as prices collapse

A silent crisis grips Bangladeshs agricultural heartland as tomato farmers face an unprecedented price collapse, turning a season of promise into financial despair. Once hopeful for profitable returns, cultivators now find their produce nearly worthless, with prices so low that a kilogram of...

Business risks in political and social instability: JETRO Report
Business risks in political and social instability: JETRO Report

Japanese companies operating in Bangladesh have highlighted political and social instability as the primary threat to the business environment. Additionally, unclear government policies, shortages in electrical infrastructure, ambiguity and complexity in laws, and bureaucratic red tape are also...

Instability hinders business, Eid sales expected to decline
Instability hinders business, Eid sales expected to decline

Due to overall instability in the country, business activities have not picked up pace. Seven months after the fascist Sheikh Hasinas regime fell, the law and order situation has not normalized, and the political climate is still unstable. The country is grappling with an economic crisis, and...

UAE condemns attacks by armed groups on Syrian security forces
UAE condemns attacks by armed groups on Syrian security forces

The UAE has strongly condemned attacks by armed groups on Syrian security forces, reaffirming its commitment to Syrias stability and sovereignty, reads a Khaleej Times post. More than 70 people were killed, and dozens more injured, during clashes between government security forces and militants...

Hamas demands implementation of second ceasefire phase: statement
Hamas demands implementation of second ceasefire phase: statement

Hamas has told AFP it insists on implementing a second ceasefire phase after Israel endorsed a temporary extension of the initial phase. The only way to achieve stability in the region and the return of the prisoners is to complete the implementation of the agreement starting with the...

Bangladesh’s economy gradually recovering from political instability: MCCI
Bangladesh’s economy gradually recovering from political instability: MCCI

Bangladeshs economy has gradually been recovering from political instability and a banking loan scam, according to a review by the Metropolitan Chamber of Commerce and Industry (MCCI). Exports posted robust growth during the period as did the earnings from remittance inflows. The slide...

‘Economic resilience not improved in the past 1.5 decades’
‘Economic resilience not improved in the past 1.5 decades’

Dr Selim Raihan, economics professor at the University of Dhaka and executive director of SANEM, stressed the need to reassess Bangladeshs economic resilience in light of evolving national and global dynamics. He said that contrary to common belief, the apparent economic and political stability...

Political uncertainty must end for economic stability
Political uncertainty must end for economic stability

There is a positive trend in remittance inflows, with export revenues showing approximately 8% growth. Foreign reserves have also remained stable. However, the economy as a whole remains fragilethis is beyond question. The most significant obstacle to reviving economic momentum is uncertainty,...

Capital machinery imports plunge amid rising economic uncertainty
Capital machinery imports plunge amid rising economic uncertainty

The import of capital machinery in Bangladesh has plummeted, reflecting the deepening economic uncertainty facing the nation. Data from Bangladesh Bank reveals a stark decline in letters of credit (LCs) for machinery imports across all industrial sectors during the first five months (July-November)...

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...

Crisis deepens as debt discipline remains absent
Crisis deepens as debt discipline remains absent

Bangladesh is grappling with a mounting financial crisis, marked by escalating government debt and surging defaulted loans. The governments total debt now stands at an alarming Tk 20.49 trillion, with domestic debt comprising Tk 10.20 trillion and foreign debt totaling Tk 10.13 trillion, equivalent...

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...