Economy

Food insecurity to remain fragile in Bangladesh: FAO report

Shawdesh Desk: Food insecurity in Bangladesh is expected to remain fragile given continued economic constraints and high inflation, according to the Food and Agriculture Organization (FAO). The situation is likely

Cash outside banks rises for 7th straight month

Shawdesh desk: The amount of cash held outside the country’s banks increased for the seventh consecutive month in May amid low confidence of depositors in the banking sector and high

Trade deficit rises to $18.69b in 10 months

Shawdesh Desk: The country’s trade deficit expanded to $18.69 billion in July-April of the 2023-24 financial year compared with that of $4.74 billion in July-March of FY24, according to Bangladesh

Dollar crunch compels BB to sell $12.8b to banks in FY24

Shawdesh Desk: The Bangladesh Bank sold $12.8 billion from its foreign exchange reserves to banks in the just concluded financial year 2023-24 amid a severe dollar crisis in the country’s

LPG price readjusted upward to Tk1,366 per kg for July

Shawdesh Desk : The government has readjusted the price of Liquefied Petroleum Gas (LPG) upward and now a 12 kilogram (Kg) LPG cylinder will be sold to the consumers at

Japan launches an advanced Earth observation satellite on its new flagship H3 rocket

Shawdesh Desk; Japan deployed an upgraded Earth observation satellite for disaster response and security after it was launched on a new flagship H3 rocket Monday. The H3 No. 3 rocket

Country’s first int’l jewellery machinery expo starts 4 July

Shawdesh Desk: The Bangladesh Jewellers’ Association (BAJUS) is poised to host an international exhibition of jewellery machinery at the International Convention City Bashundhara (ICCB) in the capital in the first

Govt debt repayment grows

ূবৃযডিুব ডিুত: The government debt repayment to creditors in the first 11 months of the outgoing FY24 surged to $3.06 billion while the disbursement of loan from foreign sources has