Just as social media competes for individuals’ attention, so do global crises.
The nationwide blockade being observed by several political parties in Bangladesh is taking its toll on businesses as sales have plunged. The transport blockade, set to enter its fifth phase on Wednesday, aims at forcing the current government to step down and pave the way for holding the next parliamentary election under a non-partisan interim government.
The political unrest and the garment workers’ agitation in the apparel sector have started to take a toll on the economy that is already grappling with elevated inflation, a depleting dollar stockpile, slowing exports and decelerating private sector activities.
Through the RTI Commission of Sri Lanka, citizens could weight in on matters impacting the nation.
Bangladesh government should own up to its mistakes
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
The demand for luxury apartments has remained unchanged while the sales of regular properties and initiation of new housing projects are in the slow lane amid the ongoing economic crisis, according to market players.
Medical treatments are about to get costlier as production cost for manufacturing drugs will go up by at least 25 per cent following a recent hike in gas and power charges, according to manufacturers.
Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis.
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
The US dollar is on a tear, strengthening around 11 per cent since the start of the year and – for the first time in two decades – reaching parity with the Euro.
Authorities must take stern action to stop scams and frauds
The recent economic crisis has placed everyone on the edge of their seats. Citizens are worried about everything from power shortages to being unable to catch-up with the rising inflation. Hence, in these troubled times, RBR comes up with few solutions to minimise the scare and live a better life than expected.
Shares of small capital-based companies surged abnormally on the Dhaka Stock Exchange (DSE) in the past month whereas the benchmark index of the premier bourse of Bangladesh, as well as blue-chip securities, has been in a bearish mood.
Bangladeshi migrant workers continued to face financial hardship in Lebanon, while many found it difficult to remit money home after making ends meet, due to a prolonged economic crisis there.
Sri Lanka’s Energy Minister Kanchana Wijesekera has warned that the petrol stock of the nation can meet the demand for less than a day.
Large industries, SMEs and the flood-hit agriculture sector will enjoy a flexible loan repayment facility up to December this year as Bangladesh Bank yesterday revived the partial loan moratorium amid a deepening economic crisis.
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said.
Sri Lanka's prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost productivity.