The government yesterday scrapped the much-talked-about pension scheme, called Prottoy, for public universities and self-governed, autonomous and state entities amidst opposition from university teachers and spiralling unrest following the deaths of more than 204 people centring the job quota protests.

Accommodation costs in Bangladesh have risen further amid persistently high inflation during the April-June period this year, placing an additional burden on many of the country’s middle and lower-income people.

The deepening political crisis in the country has exacerbated the woes of apparel industry, with exporters facing difficulties in operating factories, shipping goods, and booking work orders.

The recent internet blackout for a week has left a big dent on the image of the country among the international community, especially investors and buyers.

The tour operators in Bangladesh suffered financial losses due to cancellation of pre-scheduled tours by foreign tourists who sought to avoid travelling in fear of violence and unrest centring the quota reform movement.

Malls and markets in Dhaka and other major cities have been hit hard by spiralling unrest across the country following the deaths of over 200 people, including students, during the quota reform movement in recent weeks.

They issued a statement saying that, as members of the business community, they cannot stand silently by and watch the loss of innocent lives and for people’s demands to go unheard.

The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs

Geopolitical tensions are on the rise, and the world economy is facing its weakest medium-term prospects in decades

The country now holds 7.4% of global market garment share

The Bangladesh Shipping Agents’ Association (BSAA) has urged the government to waive all port charges incurred for delays in container handling amid the weeklong unrest, internet outage and stringent curfew that began on July 18..The BSAA, the country’s sole trade body for shipping agents,

Bangladesh’s remittance inflow fell to a 10-month low of $1.90 billion in July as expatriates were unable to send funds for some time due to an internet blackout centring the students’ quota reform movement.

Banks listed in the stock market logged Tk 2,700 crore higher interest income in the first half of this calendar year as lending rates rose after Bangladesh Bank eased its grip on the sector.

We have all been taught the virtues of honesty from our early childhood. Every child is instilled with the belief that truthfulness is the foundation of success and “honesty is the best policy”.

Bangladesh Bank (BB) is planning to develop an alternative internet infrastructure in order to keep the financial sector insulated and ensure smooth execution of transactions in the event of any unexpected situation, such as the recent countrywide internet outage.

The ongoing unrest and curfew have raised apprehensions over Bangladesh’s future exports on the back of data corrections by Bangladesh Bank showing that almost all major sectors suffered a drop in shipments last fiscal year.

The European Union’s (EU) postponement of the first round of negotiations with Bangladesh on a new agreement will impact trade, investment and development cooperation with the country’s largest trading partner..“In light of the prevailing situation, the first round of negotiations on the P

The association seeks government assistance, places a set of demands

Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago

Banks could not receive any remittance in the five days of countrywide internet blackout this month