In search of an integrated statistical data warehouse
Groundwork, according to a report carried in this newspaper, is on for putting in place an integrated statistical data warehouse (ISDW). With the integration, the Bangladesh Bureau of Statistics (BBS) is set to undergo a transformation unlike any in the past. Most likely, the infamy the BBS gained due to...
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Informing parliament of treaties
In a constitutional democracy, the making of international commitments cannot be treated as a private craft exercised behind closed doors. It is a public act, undertaken in the name of the people, and it must therefore be subject to public scrutiny. Bangladesh's own basic law recognises this. Article 145A of...
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Double whammy of fuel and fertilizer crises
Production at the state-owned Diammonium Phosphate Fertilizer Company Limited (DAPFCL) at Anowara Upazila in Chattogram came to a halt on Saturday (April 18) due to an acute shortage of ammonia. Notably, until early last month, ammonia to the DAPFCL was being supplied from the nearby Chittagong Urea Fertilizer Company Limited...
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Gold-backed lending
The Bangladesh Bank's Banking Regulation and Policy Department (BRPD), through its Circular No. 15 dated November 27, 2024, issued the latest Master Circular on Loan Classification and Provisioning. This circular provides comprehensive guidelines on determining provisioning requirements, including a clearly defined framework for calculating the value of eligible collateral prior...
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Inflation straining the middle class
In recent months, the prices of essential goods such as food, fuel and transportation have increased significantly. This situation is creating serious difficulties for middle-class families, who largely depend on fixed or limited incomes.Middle-class households are among the most affected, as their incomes do not increase at the same rate...
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