Inflation heats up to 10.87pc in Oct
Over-all inflation heated up to 10.87 per cent in October with people in rural Bangladesh hit hard as the consumer price index (CPI) rose faster there by official count.The revelation made Thursday prompted the interim government's finance and banking authorities to chart out latest interventional actions, including fiscal measures, to...
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Governor spells out dos for inflation control
Controlling inflation may take 12 to 18 months, as required in the case of all countries after the tightening of monetary policy, says the central bank's governor as inflationary pressure hits a new high. The Bangladesh Bank Governor, Dr Ahsan H Mansur, said Thursday that in October, inflation increased to...
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Entrepreneurs wobble amid credit squeeze for business slowdown
Woes of private entrepreneurs compounded with formal-credit flow to the businesses having plummeted by 66 basis points to 9.20 per cent in September as their business-expansion plans get stymied.Money-market analysts and industry-insiders term such continuous ebb in the demand for credits to private sector -- the motive engine of Bangladesh's...
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Orange Bonds introduced to marshal $1.0b soon
The government has introduced Orange Bonds with an intent to mobilise $1.0 billion immediately and up to $10 billion by 2030, aiming for sustainable and inclusive growth and gender-equitable economic empowerment.The United Nations Development Programme (UNDP) and Impact Investment Exchange (IIX) are partnering the authorities concerned to this end.The Economic...
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Cyber-security act being axed
The Cyber-security Act now gets under the axe as the council of advisers of the interim government Thursday decided in principle to repeal the contentious law.Disclosing this, among other decisions made in a meeting of the council, Shafiqul Alam, Press Secretary to the Chief Adviser, said the previous autocratic regime...
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Trump win worries int'l partners ahead of COP29
WASHINGTON, Nov 7 (Reuters): Donald Trump's victory in the US presidential election has darkened the outlook for a strong deal at the COP29 climate summit next week and will increase pressure on Europe and China to lead international progress in curbing planetary warming, according to climate negotiators.Trump, who has called...
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Anniversary Supplement (2024-11-08)
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Prayer Timings (2024-11-08)
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Briefing 2024-11-08
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