Bangladesh witnessed a record 9.5 percent inflation in August, the highest in 12 years, due to adverse effects of fuel price hike, said Bangladesh Bureau of Statistics (BBS).

Last month, Bangladesh’s export earnings fell to a 13-month low of $3.9 billion. Why?

Cities are not just places where people live. They are massive labour markets and engines of economic growth, facilitating structural transformation of economies towards manufacturing and service activities. New urban transport infrastructure changes how people access jobs and matches employees to firms.

The transport sector currently accounts for a quarter of energy-related carbon emissions globally. It also ranks among the fastest-growing sources of such emissions.

Rapidly adapting to changes driven by industrial revolutions is what allows a nation to earn its rightful place in the world. The Third Industrial Revolution marked the beginning of the digital age and globalisation, inadvertently creating what we now call ‘pop culture’, allowing technologies to become the definitive vehicle of entertainment around the world. 

The Bangladesh Fisheries Research Institute (BFRI) has conserved and improved 37 domesticated varieties of freshwater fish over the past 30 years, bringing hopes that endangered breeds can be preserved to satisfy both local and global demand.

Bangladesh’s e-commerce platforms have been witnessing a drop in sales in recent months due to high inflation and rising delivery costs. 

Apparel exports from Bangladesh will cross $95 billion by 2030 if the country can expand its share in the global market for manmade fibre (MMF) to 12 per cent from less than 5 per cent at present, according to a recent study.

The outsourcing of graphic designing and image editing holds great promise for Bangladesh as many are already earning foreign currencies riding on the boom in digital businesses worldwide. 

Bangladesh is suffering from unsold stocks of hides and skins for reasons, including a lack of interest of international brands to source from here, as most tanners do not have certification from Leather Working Group (LWG) centring sustainable and environment-friendly leather production.

Bank Asia Limited has achieved the most prestigious Standard Information Security Certification, namely ‘PCI DSS’.

The Institute of Chartered Accountants of Bangladesh (ICAB) and the Association of Credit Rating Agencies of Bangladesh (ACRAB) signed a memorandum of understanding (MoU) on the document verification system (DVS) yesterday.

Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the International Monetary Fund’s managing director said on Monday.

Stocks in Bangladesh returned to the black yesterday thanks to higher investor participation following a one-day halt that broke a four-day gaining streak.

The government has issued a policy aiming to facilitate the acquisition of sustainable and advanced technology among light engineering industries in a bid to expedite development in the sector, according to a gazette notification issued last month.

Emerald Oil Industries, one of the first to market rice bran oil domestically, plans to export its product to Japan, for which it has established a branch in the island nation last month. 

The services automated teller machine (ATM) of banks faced a disruption in many areas due to the partial failure of the national grid.

Turkish businesses can consider the 100 economic zones and 28 high-tech parks of Bangladesh as their preferred investment destinations, Dhaka Chamber of Commerce and Industry President Rizwan Rahman said today.

Stocks in Bangladesh returned to the black today thanks to higher participation of investors after experiencing a one-day fall yesterday, which had broken a four-day gaining streak of the market.

Emerald Oil, one of the early entrants in the domestic rice bran oil market, has established a new branch in Japan last month as part of its plan to export its product to the island nation.