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News
ECB lifts borrowing costs amid energy shock
9+ hour, 40+ min ago (585+ words) The European Central Bank raised interest rates Thursday for the second time this year as renewed Middle East fighting fans fears of higher inflation, and opened the door for further hikes. As widely anticipated, the central bank for the 21 eurozone…...
Bangladesh Inflation August 2026 | August inflation eases to 8.26%
15+ hour, 4+ min ago (132+ words) Inflation eased slightly to 8.26 percent in August, down from 8.32 percent in July, as food prices recorded a slower rate of increase, according to data from the Bangladesh Bureau of Statistics (BBS) today. Food inflation fell to 7.02 percent in August from…...
US braces for inflation report that may push Fed to hike rates
16+ hour, 45+ min ago (616+ words) A consumer inflation report due Friday could pave the way towards the US central bank's first interest rate hike in more than three years, as the war with Iran drives energy costs higher. After data this week showed an uptick…...
How Bangladesh can improve economic research
1+ day, 3+ hour ago (256+ words) The first issue is data. Researchers in Bangladesh often work with data that is delayed, difficult to access or inconsistent across sources. This makes analysis difficult. We need a statistical system that provides timely, reliable and transparent data, and makes…...
From daily wages to their own businesses
1+ day, 3+ hour ago (679+ words) Paisano Marma, 34, a mother of two from Khagrachhari’s Guimara upazila, once depended on daily wage labour, earning barely Tk 4,500 a month. The income was often not enough to cover household expenses and her children’s education. “I always wanted to give…...
Reserves on rise despite fuel, fertiliser shock
1+ day, 4+ hour ago (793+ words) When war in the Middle East sent fuel prices climbing, Bangladesh looked like an obvious casualty. An import-dependent economy with a thin reserve cushion and a recent history of dollar shortages had every reason to buckle. It has not. Reserves…...
402 RMG units closed in 3yrs
3+ day, 23+ hour ago (470+ words) At least 402 garment factories closed between July 2023 and June this year, Commerce Minister Khandakar Abdul Muktadir told parliament yesterday. Of the factories, 282 were members of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), while 120 were members of the Bangladesh Knitwear…...
The RMG paradox: Growth, global dependence, and sustainability
4+ day, 19+ hour ago (41+ words) thedailystar.net Md Zafar Alam Bhuiyan is senior research fellow at Centre for Climate Change and Environmental Research at Brac University. He’s a doctoral fellow in climate change at Bangladesh University of Professionals (BUP)....
Trump hits Canada with import bans, 50% tariffs
5+ day, 37+ min ago (464+ words) US President Trump has announced new import bans and 50% tariffs on some Canadian goods as tensions between the two countries intensify. This comes a day after Ottawa's retaliatory tariffs on US products took effect. Canadian dairy products, motorcycles and alcoholic…...
Trade deficit widened 38% in July
5+ day, 14+ hour ago (273+ words) Bangladesh’s trade deficit, the gap between what it buys and sells abroad, widened by 38.36 percent to $2.08 billion in July, the first month of the current fiscal year, mainly due to high import growth amid negative export growth. The trade deficit…...