Volatile exchange rate: Time to take precaution

Exchange rate has gained a lot of attention in recent months due to its unrestrained movement. Policymakers, businessmen and others have expressed concern over the persistence of the volatility in the forex market of Bangladesh. The trade war between China-USA, along with the deficit in the overall balance of payments...

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Sino-Philippine rapprochement draws ire from certain quarters

During President Xi Jinping's visit to Manila, some 30 bilateral agreements were signed. A memorandum of understanding (MOU) on cooperation on oil and gas development in the South China Sea topped the list of deals in trade and investment, infrastructure, and cooperation on the Belt and Road Initiative (BRI). Duterte's...

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Dhaka: The growing urban heat island

At the ongoing COP24: UN Climate Change Conference in Poland, countries like the USA, Saudi Arabia and Russia have refused to 'welcome' a landmark report by the UN's Intergovernmental Panel on Climate Change. The report recommended a deep cut in greenhouse gas emissions and a greater reliance on nuclear power,...

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