Bangladesh

International Desk: Recovery in youth employment is still lagging, said a new report by the International Labour Organization (ILO), which found that young people were negatively impacted due to the Covid-19 pandemic compared to any other age group.The report titled “The Global Employment Trends for Youth 2022: Investing in transforming…

Barguna Correspondent: As the ‘Silver hilsa’ fish started reaching the capital from Barguna within just seven hours after the inauguration of the Padma Bridge, its price went up in the local market during the peak fishing season.In the local municipal fish market, although the sale of hilsa has increased, the…

Bangladesh fails to tap sea resources Mahfuja Mukul: Despite having huge potentials of hydrocarbon in the Bay of Bengal, Bangladesh has not been able to tape the opportunity by exploring the oil and gas from the sea. Bangladesh lags behind in finding out the oil-gas in sea comparing to India…

Special Correspondent: Due to increase in the price of fuel oil, there has been instability in the transport sector. The entrepreneurs of the ready-made clothing sector say, as a result, the production cost of the factory will increase, many factories will not be able to provide shipment on time. The…

Staff Correspondent: Economists have expressed fear that the country’s economy will have a major negative impact due to the abnormal increase in fuel prices. According to them, the standard of living of the common people will go down further. Along with transportation costs, production costs will also increase. This will…

Industry Desk: As many as 739 people including 109 children were killed and 2042 others injured in 632 road accidents across the country in July.Of these, 251 people died in motorbike accidents alone, which is 33.96% of the total fatalities, Road Safety Foundation said in its latest report released yesterday.These…

Exports are also good Mahfuja Mukul: The massive success in fish extraction and production has brought Bangladesh to a position of glory in the international arena. According to the recent report of the Food and Agriculture Organization of the United Nations (FAO), Bangladesh ranks 3rd in the world in terms…

Current account deficit also hits record $18.69 billion increasing pressure on foreign currency reserves Staff Correspondent: Bangladesh’s trade deficit has widened to record $33.24 billion in 2021-22 fiscal year as exports failed to match the huge import bills despite a rise.Current account deficit also hit a record $18.69 billion, rising…

Industry Desk: Bangladesh is acclaimed by many as a model economy among South Asian countries with a number of successful projects in the basket. Economic Times reporter for foreign affairs, Dipanjan Roy Chowdhury, highlighted the economic aspects of Bangladesh in an article “Bangladesh keeps economy stable notwithstanding geo-economic scenario” on…

Staff Correspondent: The government should take specific plans to identify exact areas in the sea with resources to tap the possibilities of the blue economy by attracting investors in this sector.Speakers came up with the remarks in a virtual discussion titled Opportunities in Blue Economy of Bangladesh organised by Chattogram…