In recent years, Bangladesh has been grappling with a deepening chasm of inequality.
Economist Wahiduddin Mahmud says in meeting with Bangladesh Bank
The Asian Development Bank (ADB) has projected that Bangladesh's inflation will ease to 6.6 percent in the current fiscal year.
This mechanism of hiking prices is not new.
Clearly, the major economic challenges facing Bangladesh are results of inadequate and incorrect policies.
It was 9.76 percent in the previous month. The overall inflation increased by 23 basis points to 9.92 percent in August, according to the Bangladesh Bureau of Statistics (BBS).
Lavrov made strong statements on US interference and Russia’s commitment to working with its partners to prevent any outside “dictates.”
In a highly competitive market like the egg market, one would expect prices to remain stable. They can rise, but over time.
Will we hear yet another "eggcellent" proposal to import dub in order to force the local market to lower their price?
Inflation slowed down slightly in July but not enough to bring any relief to the urban poor and the lower middle-class in Dhaka and Chattogram, who have been battling a cost of living crisis for a good year now.
Inflation fell slightly to 9.69 percent in July from 9.74 percent in the previous month thanks to the steady prices of non-food items, according to the Bangladesh Bureau of Statistics (BBS).
The debate over wage increase has risen at a time when the majority of people in the country are suffering due to skyrocketing commodity prices
The Consumer Price Index rose 9.94 per cent in May this year, according to the Bangladesh Bureau of Statistics.
When a year passes, those who had a good time look forward to continuing the momentum while those who had struggled to keep their head above water might breathe a sigh of relief.
Traders at the Bangabazar Shopping Complex, one of the largest clothing retail and wholesale hubs in Bangladesh, are typically busy buying and selling products ahead of Eid-ul-Azha each year.
While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.
Like in the outgoing financial year, the common people in Bangladesh will continue to suffer from higher consumer prices in 2023-24 as the factors behind the elevated level of inflation are unlikely to change dramatically.
The shipment of electrical and electronics goods from Bangladesh displayed an impressive growth of 48 per cent in July-May of the outgoing financial year on the back of improving product quality and government support, official figures showed.
The Bangladesh Elevator Escalators and Lift Importers Association (BEELIA) yesterday demanded the withdrawal of the proposed duty on imports of elevators and escalators in the national budget for fiscal year (FY) 2023-24.