For any major crop, there are local and national profiteers, who make plans to maximise profits way before the crops land in the markets.
One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.
Will the wage board and our policymakers truly hear the stories of backbreaking work and heartbreaking debt of the garment workers, who have kept the economy going even at its worst phases?
WB Country Director Abdoulaye Seck says at AmCham meeting
Why should there be two different food standards for two social strata?
Among four South Asian nations, Sri Lanka performed the best in containing high inflation.
It was 9.92% in Aug
The workers protesting for a minimum wage of Tk 25,000, but those in power are concocting ways to thwart this mission.
In recent years, Bangladesh has been grappling with a deepening chasm of inequality.
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.
The government should target reducing demand through ensuring market-based interest and exchange rates as well as cutting allocation for infrastructure projects to rein in inflation and protect the foreign currency reserves, said economists yesterday.
If there is one indicator that epitomises the government’s mismanagement of the economy in recent times, it is inflation -- which raced to an 11-year high of 9.94 percent in May.