News
Iran's unemployment surges amid ongoing war
3+ hour, 31+ min ago (123+ words) The Business Standard Iran's unemployment is rising as the war continues to strain the economy. New data highlights job losses and growing pressure on the labour market. This report outlines key impacts on businesses, employment, and economic stability, based on…...
Probe Withdrawn: Jerome Powell Cleared of Criminal Investigation
3+ day, 11+ hour ago (154+ words) The Business Standard The US justice department is dropping its investigation into the Federal Reserve chairman, Jerome Powell, over alleged building cost overruns. US Attorney Jeanine Pirro said instead there would be an internal investigation led by the central bank's…...
Govt sends legal requests to 6 countries to recover laundered S Alam, Beximco money
3+ day, 3+ hour ago (387+ words) Sunday April 26, 2026 Finance Minister Amir Khosru Mahmud Chowdhury today (21 April) told parliament that Mutual Legal Assistance Requests (MLARs) have been sent to four countries to recover allegedly laundered funds linked to S Alam Group, and to two countries in the…...
Fuel price hike will not significantly impact inflation: Minister
4+ day, 9+ hour ago (367+ words) Saturday April 25, 2026 Commerce and Industries Minister Khandakar Abdul Muktadir has said that the recent increase in fuel prices will not have much impact on inflation. Speaking to journalists today (24 April) while visiting Masukganj Market in Sylhet Sadar upazila, the minister…...
Why the 2. 5% remittance incentive should be retired
4+ day, 11+ min ago (799+ words) In calendar year 2025, Bangladeshis abroad sent home $32. 81 billion through official channels " a record, and 22% higher than the year before. It steadied our reserves, eased pressure on the taka, and kept millions of families afloat. My argument is that it should…...
Bangladesh's smartest investment isn't a bridge. It's a child's wellbeing
3+ day, 23+ hour ago (189+ words) Saturday April 25, 2026 The Return on Investment The program's design reflects this logic. By targeting the poorest households, those who currently spend the bulk of their income on food, the transfer creates immediate purchasing power for higher-quality nutrition: protein, iron, iodine,…...
Govt injected Tk20, 000cr of 'high-powered money' into economy in March: PRI chief economist
5+ day, 7+ hour ago (587+ words) Thursday April 23, 2026 The government borrowed Tk20, 000 crore from Bangladesh Bank in March alone, effectively injecting high-powered money into the economy; a move that could intensify inflationary pressure, according to Ashikur Rahman, the chief economist of Policy Research Institute (PRI) of Bangladesh....
Reserves stand at $30. 46b
6+ day, 15+ hour ago (104+ words) Wednesday April 22, 2026 Bangladesh's total foreign exchange reserves stood at $30. 46 billion as of last night (21 April). Arif Hossain Khan, spokesperson and executive director of the central bank, confirmed while addressing journalists yesterday that the reserve position was previously $30. 37 billion. Bangladesh Bank…...
Bangladesh trade deficit with India hits $7. 86 billion: Minister
1+ week, 1+ day ago (241+ words) Tuesday April 21, 2026 Industries Minister Khandakar Abdul Muktadir today (20 April) informed parliament that Bangladesh witnessed its highest trade imbalance with India among Saarc member countries, with the gap reaching $7. 86 billion in the 2024-25 fiscal year. "Bangladesh's trade deficit [among Saarc'members] with India…...
Ripple effects of fuel price hike: What lies ahead
1+ week, 13+ hour ago (1294+ words) Tuesday April 21, 2026 In 2021-22, when diesel price went up by Tk34 per litre and octane by Tk46 per litre, it sent immediate shockwaves through the economy, triggering a cascade of transport fare hikes of up to 22% for long-haul routes and 16% within cities. The…...