The pressure on the external sector and inflation will start to peter out from the third quarter of the current fiscal year, particularly after the parliamentary elections, said the Bangladesh Bank governor yesterday.

In October, food inflation went up by 12.56 percent from 12.37 percent a month earlier, while non-food inflation increased to 8.30 percent from 7.82 percent in September

Farmers in the Moheshkhali upazila of Cox’s Bazar, famed for its evergreen betel leaves, were the worst sufferers of Cyclone Hamoon, leaving them staring into the abyss as they wonder how to cover up massive losses.

Bangladesh’s cotton and yarn imports nosedived in the first nine months of 2023 as falling demand in the global and local markets, erratic gas supply and the US dollar crisis weighed on textile milers.

Improving regional integration, making genuine political commitments and ensuring good governance are key to attracting foreign direct investment (FDI) in South Asia, according to experts.

The government has given the nod, in principle, to conduct a detailed feasibility study for establishing the first offshore wind energy plant in Bangladesh.

The first imported consignment of eggs, which has become a much-talked item in recent months for high prices, entered Bangladesh today. 

More than a dozen life insurance companies settled only 14.09 percent of the 24,605 complaints they received in the first 10 months this year, creating uncertainty about whether policyholders will get back their money, official figures showed.

South Asia should put emphasis on building a proper economic corridor with the efficient utilisation of its port infrastructure to gain the benefits of multi-modal transport in cross-border logistics, according to experts.

Bangladesh needs to learn from Sri Lanka’s experience about how to face an unprecedented economic crisis and recovery strategies to avoid similar circumstances and improve the well-being of citizens, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).

Sri Lanka has immensely benefited from Saarc countries, particularly Bangladesh and India, from a macroeconomic perspective in recent times, the central bank governor of the Island nation said yesterday.

South Asia is not yet ready for a common currency, said economists from countries in the region at the opening of a two-day 14th South Asia Economic Summit in Sheraton Dhaka yesterday.

Political consensus is necessary among the leaders in South Asian countries to deepen integration, enhance trade, beef up cooperation in their fighting against climate change, and achieve much-desired economic prosperity, said economists, researchers and policy-makers yesterday.

Deglobalisation is a term used to describe how the interconnectedness of the world economy is weakening due to factors such as trade barriers, a rise in nationalism, wars, and disruptive occurrences such as the pandemic.

The two operators announced national roaming field trial

Lankan central bank governor says at CPD dialogue

Industrial production in Bangladesh grew at a slower pace of 8.99 percent in the last fiscal year of 2022-23 as consumer demand dropped amid sustained higher inflation, sluggish export growth and falling imports.

The country’s current account balance stood in positive territory in the first quarter of the current fiscal year due to a sharp slowdown in imports.

Exports earnings fell to $3.76 billion in October, the lowest in 26 months, as shipment of apparel items became the last major victim to the falling global demand as consumers tighten belts amid higher inflation.

The cherry on top is not always as delicious as it beckons you to believe. Those who look up to their leaders as infallible are often too soon disillusioned by their fallacies, double standard and hypocrisy being the most common of them.