Bangladesh
Bangladesh
Bangladesh fails to curb inflation
Mahfuja Mukul : Bangladesh Bank has taken contractionary monetary policy to reduce inflation but it is not working. High inflation can’t be reduced by monetary policy. On the other hand, due to contractionary monetary policy, interest rates are increasing every month. It increases the cost of business. Investments are affected…
Read More »US wants to know about Bangladesh RMG workers
International Desk : Bangladesh is plagued by questions from the United States about the competitiveness of the ready-made garment sector. A hearing on this issue was held in Washington on Monday night. The United States government agency organizes the International Trade Commission (USITC). Where BGMEA President joined virtually besides Commerce…
Read More »100,000 Bangladeshi workers don’t have work in Malaysia
Rabiul Haque : Around 100,000 Bangladeshi workers are currently unemployed while working in the Malaysian labor market. Many of them are mentally disturbed without getting work. There have even been cases of death. State Minister for Expatriate Welfare and Foreign Employment Shafiqur Rahman Chowdhury told that one of these workers…
Read More »Bangladesh needs to strengthen credit capability for FDI
Zarif Mahmud : Despite developing economic zones and adopting one-stop services to attract foreign direct investment (FDI), Bangladesh has failed to get as much as it targeted.Not only global economic giants like India, even small economies in the South Asian region such as the Maldives and Sri Lanka are ahead…
Read More »Bangladeshi ship captured by pirates in Indian Ocean
23 sailors hostage Industry Desk : The Bangladeshi flag ship MV Abdullah, on its way to the United Arab Emirates with coal from Mozambique in Africa, has been captured by pirates in the Indian Ocean. There were 23 Bangladeshi sailors on that ship. The owner of the ship said that…
Read More »New possibilities of economy opening on chest of Jamuna
Farhad Chowdhury : The country’s first green economic zone is being built on a land of 1,081 acres at the western end of Bangabandhu Bridge in Sirajganj near the Jamuna River. This economic zone with good connectivity by road, sea, air and rail without harming the environment has opened a…
Read More »Swarupkathi timber trade sees Tk 1,000 cr annual sales
Staff Correspondent, Barishal: The timber tradescentrein Swarupkathi of Nesarabadupazila hub see as high as Tk 1,000 crore in annual trade and provides employment for more than 50,000 people.The timber trade that has been running on the banks of the Sandhya river in Nesarabad upazila of Pirojpur for hundreds of year…
Read More »Wrong power policy cause of Tk 44,000 cr love debt
Mahfuja Mukul : Energy experts and economists have commented that the government, which is in trouble with the debt of about Tk 44 thousand crore in the power and energy sector of the country, is still unable to understand the depth of the crisis.According to the latest estimates, the private…
Read More »Economists recommend contractionary budget
Mahfuz Emran : Economists have suggested contractionary budget for the next financial year 2024-25. At the same time, they suggested to take steps to increase the stability of macro economy and employment without giving importance on growth. They also advised to keep the budget deficit low and take less foreign…
Read More »Joint Action for Nutrition Outcome (JANO) Project Concludes
Industry Desk: On March 10th, 2024, The Joint Action for Nutrition Outcome (JANO) Project, funded by the European Union (EU) and managed through a consortium led by Plan International Bangladesh, CARE Bangladesh, culminated its endeavors with a National Sharing Event, entitled “National Level Knowledge and Impact Unveiling Workshop” at the…
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