Inflation
Inflation in August highest in 12 years
Bangladesh witnessed a record 9.5 percent inflation in August, the highest in 12 years, due to the adverse effects of fuel price hike, said Bangladesh Bureau of Statistics (BBS).
Wage-price spiral risks appear contained despite high inflation
Inflation in some economies is rising at the fastest pace in four decades, while tight labour markets have boosted pay gains. That has raised concerns that these conditions could become self-reinforcing and lead to a wage-price spiral—a prolonged loop in which inflation leads to higher wage growth, fueling even higher inflation.
Inflation in August highest in 12 years
Bangladesh witnessed a record 9.5 percent inflation in August, the highest in 12 years, due to the adverse effects of fuel price hike, said Bangladesh Bureau of Statistics (BBS).
How do third world countries dodge the looming economic crisis?
While the participants in the Ukraine war are spending billions of dollars each day on weapons and other destructive arsenals, millions of people and the leaders in South Asia and Africa are passing days in anxiety with rising external debt, a strong dollar, lingering supply chain disruptions, and food shortages.
Inflation finally dawns on youth as potato crackers price increased to BDT 15
The inflation didn't seem real, until now.
Reducing fuel prices by Tk 5 won't ease people’s suffering
The amount by which the government has reduced the prices is so meagre – and so thoroughly insufficient to address the corresponding increase in the cost of living – that we can’t help but ask: Why even bother?
Plight and struggle of tea workers continue forever
Basanti Bauri, 40, of Moulvibazar works for a renowned tea estate as a “plucker”. Her day starts at 5:00am sharp. After paying homage to the family deity, she prepares food for her three children and husband.
What you need to know about inflation
Inflation leads to the devaluation of a particular currency.
What does heaven look like?
Congratulations to you, my dear countrymen, welcome to heaven. But wait, heaven is…dark? One might be forgiven for thinking that here in Bangladesh at the moment, as cyclical power cuts literally leave millions in the dark for hours, and fuel prices make others see stars. It might become cheaper to buy a vehicle than the actual costs of buying a week’s fuel for it on a consistent basis. So, get walking, go green, when better than now?
Perks of living in Dhaka City
Take the recent and absurd fuel price hike, for example. The country's people are focusing on and monitoring how we, the citizens of Dhaka, will handle this situation so they can follow suit. To them, we say, “Hold my Borhani.” The fuel price hike gave an extra flare to the attitude of operators of CNG-run auto-rickshaws, Uber cars, and Pathao bikes, thus rendering the daily commute undesirable. Yet, most fail to grasp the opportunities we are presented with, such as being innovative and healthy. Power walking or riding your bicycle for commute is your divine solution.