Economy-wide prices up 70pc in decade
Bangladesh's overall price level has risen by almost 70 per cent over the past decade ending FY 2025-26, according to the latest GDP deflator data, underscoring the extent of economy-wide inflation and its impact on growth, incomes and purchasing power. The GDP deflator stood at 169.72 in FY26 (provisional), compared...
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PM asks SSF not to isolate him from people in the name of security
Prime Minister Tarique Rahman on Thursday urged the Special Security Force (SSF) to ensure that security arrangements do not isolate him from ordinary citizens, saying public trust and love remain his greatest source of strength. "As the head of government, my greatest reliance is on the trust and love of...
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Gas shortage biggest deterrent to investment: BIDA
An acute shortage of energy -- particularly natural gas -- remains the single-biggest obstacle to investment in Bangladesh, Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun said on Thursday."The major issue is energy. There is no scope for doubt about it. Even from the...
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BB eases forex rules for ship leasing by local firms
The Bangladesh Bank (BB) has allowed authorised dealer (AD) banks to facilitate outward remittances for lease rentals of ships and vessels by shipping companies incorporated in Bangladesh, aiming to strengthen the maritime sector.The banks may execute such remittances in accordance with the existing foreign-exchange regulations governing payments for aircraft leases,...
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Police recover body of kidnapped minor boy in Ctg
CHATTOGRAM, June 18: Police recovered the body of a five-year-old boy on Thursday two days after his kidnap on Tuesday at Patia in Chattogram. Police also arrested five persons in this connection.The victim was identified as Zaihan, son of Md Shahjahan of South Gobindarkhil village in Patia municipality area under...
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CID submits draft chargesheet naming 64 individuals, entities
Criminal Investigation Department (CID) of Bangladesh Police finally submitted a draft chargesheet in the sensational Bangladesh Bank's reserve-heist case to the Attorney- General Office, seeking its legal opinion.In the drafted charge sheet, the criminal investigation agency officially named 64 suspects, including Bangladeshi and foreign individuals and institutions, in the country's...
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Debate erupts in parliament over 'loan defaulter' tag
A heated debate erupted in parliament on Thursday over the use of the term "loan defaulter" to describe lawmakers, prompting Home Minister Salahuddin Ahmed to assert that no sitting member of parliament can be legally classified as such.The controversy was triggered after an independent MP described the current legislature as...
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FY27 budget a positive roadmap for growth
The International Business Forum of Bangladesh (IBFB) has termed the proposed national budget for fiscal year 2026-27 a positive and pragmatic roadmap for economic recovery, investment expansion, employment generation and long-term structural reforms.The business body made the observation at a press conference titled 'Proposed Budget 2026-27: Expectations and Outcomes' held...
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