World wide
World wide
Dollar crisis-inflation mainchallenge for next budget
Mahfuz Emran: It is known that the national budget is being prepared with the aim of achieving a growth rate of 7.5 percent for the new financial year 2023-24. However, the World Bank and Asian Development Bank (ADB) have said that Bangladesh’s growth in the next financial year will be…
Read More »50,790 Bangladeshis sought political asylum in Europe in two years
Batan Biswas from EU: Bangladeshis are mainly choosing Italy and France to be recognized as refugees after illegal entry into the European Union. Bangladesh ranks seventh in the list of political asylum seekers in various European countries. This information has come out in the data of Eurostat, the statistical agency…
Read More »Hasina’s Japan visit highlights a growing defense relationship
Delwar Hossain: Japan was one of the first nations to provide support in the development of the post-independence war-torn Bangladesh. Japan has been Bangladesh’s major partner since then, especially in the development field, and historically is considered an all-weather friend of Bangladesh. However, the relationship between Bangladesh and Japan is…
Read More »Dollar spending more than income
Reserves under pressure Mahfuja Mukul: The country’s foreign exchange reserves are under pressure from short-term foreign loans. Due to increase in such loan repayments, reserves are decreasing. In the last one month, the reserves have decreased by $124 million. $12.98 billion decreased as of one year. Although it has increased…
Read More »Makkah and Madinahnow host 1.3 m foreignpilgrims and visitors
International Desk: Saudi Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah said that Makkah and Madinah are witnessing this year the inflow of record number of foreign pilgrims and visitors and there are currently 1.3 million of them present in the two holy cities. “All the procedures have been improved…
Read More »Detecting wealth of 459 Bangladeshis in Dubai
HC ordered ignored? Special Correspondent: On January 15, the High Court directed the relevant authorities to investigate the allegations of purchase of assets of 459 Bangladeshi citizens staying in Dubai. The Anti-Corruption Commission (ACC), Bangladesh Financial Intelligence Unit (BFIU), National Board of Revenue (NBR) and the Criminal Investigation Department (CID)…
Read More »400 migrants adrift in Mediterranean Sea
None came to help them Batan Biswas, UE Correspondent: A boat carrying around 400 migrants is adrift in the Mediterranean Sea between Italy and Malta, and is at risk of capsizing after being stranded for at least 24 hours, along an immigration route that NGOs have warned is perilously dangerous.The…
Read More »Global growth to fall below 3pc in 2023: IMF chief
International Desk: A continued slowdown in almost all the world’s advanced economies is expected to drag global growth below three percent this year, the International Monetary Fund’s managing director warned yesterday.“With rising geopolitical tensions and still-high inflation, a robust recovery remains elusive,” Kristalina Georgieva said in prepared remarks ahead of…
Read More »Bangladeshis among 440 migrants rescued from Mediterranean Sea
Industry Desk: A total of 440 migrants, including Bangladeshis, have been rescued from an overcrowded fishing boat in international waters off Malta, after a complex 11-hour operation in stormy seas, the Doctors Without Borders (MSF) charity said yesterday.MSF said its Geo Barents vessel struggled with the overnight rescue due to…
Read More »World Bank lowers BD economic growth
Special Correspondent: The World Bank has predicted that the growth of Bangladesh’s gross domestic product (GDP) may be 5.2 percent in the current fiscal year 2022-23. They gave this information in the updated report on the development of Bangladesh.Although the government has set a GDP growth target of 7.5 percent…
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