Transitory inflation relief may mask risks of derailing recovery

Transitory inflation relief may be masking long-term risks that could derail Bangladesh's economic recovery, an official outfit alerts as pressures of prices persist. High prices of essential food items, particularly rice and fish, have kept food inflation stubbornly high, despite signs of macroeconomic stabilisation and government efforts to tame prices,...

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Ceasefire in Iran-Israel war holds

JERUSALEM, June 24 (AFP): A fragile ceasefire in the Iran-Israel war appeared to be holding on Tuesday, after 12 days of strikes that saw Israel and the United States pummel the Islamic republic's nuclear facilities.After US President Donald Trump, who had first declared the ceasefire, angrily berated both sides for...

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Bangladesh faces pressing external, internal pressures

Bangladesh faces mounting pressures on both external and internal economic fronts, the IMF says in its latest assessment on the country's economy and suggests some must-dos for a remedy.It notes that the macroeconomic challenges have deepened since the popular uprising in the summer of 2024, which led to the ouster...

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Risk-based supervision in banks planned: BB Governor

Risk-based supervision in banks will begin in January on a full scale to restore discipline in the banking industry, says Bangladesh Bank Governor Dr Ahsan H. Mansur.As part of the financial-sector reforms, he said Tuesday, the central bank has already started piloting with the mechanism and the trial run of...

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NBR detects Tk 62.46b tax evasions

The revenue authorities unearthed Tk 62.46 billion worth of tax evasions in the last nine months through investigations and intelligence measures.The field offices and intelligence units of the National Board of Revenue (NBR) realised nearly Tk10 billion in taxes from the evaded revenue, according to a press statement.From September 2024...

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Prayer Timings (2025-06-25)

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