For Saydi Emin, a farmer living on the southern edge of the Taklimakan Desert, known as the “Sea of Death,” sandstorms were a constant menace. They would rip away the plastic film covering his fields and destroy cotton seedlings, often leading to reduced or zero yields. These challenges left him with lingering fears. But now, […]
Read MoreA vote to impeach South Korean President Yoon Suk Yeol over his brief imposition of martial law was in limbo on Saturday, as members of his party walked out and the opposition called on them to return and vote. While lawmakers debated the motion, introduced by the main opposition Democratic Party, only a single member […]
Read MoreChina has decided to impose sanctions on 13 US military firms from Thursday, in response to the sale of US arms to Taiwan, the foreign ministry said after the United States arranged for Taiwan’s president to transit through its territory. The step follows China’s strong objection to the United States authorising a potential $385-million sale […]
Read MoreChinese companies should be wary of buying US chips as they are “no longer safe” and buy locally instead, four of the country’s top industry associations said on Tuesday in a rare coordinated response to Washington’s curbs on Chinese chipmakers. The two nations have targeted each other’s economies in the last few days, escalating tensions […]
Read MoreThe International Monetary Fund (IMF) has set Bangladesh’s revenue growth target for the current fiscal to an amount which is 27% higher than what was collected last year. In the last fiscal year 2023-24, the National Board of Revenue (NBR) collected revenue of Tk3.62 lakh crores. To achieve the target, the NBR will now have […]
Read MoreBangladesh should be a much more open economy to escape the middle-income trap, Indermit S Gill, chief economist of the World Bank Group, has said. Six billion people in middle-income countries are in a race against time and the external environment is making things harder, he said at the Annual BIDS Conference on Development (ABCD) […]
Read MoreA multifaceted approach to fixing the power sector’s core problems and consistent actions from now through to 2030 can help cut the government’s subsidy burden to nearly zero The Bangladesh Power Development Board (BPDB) can save Bangladesh Tk 138 billion ($1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at […]
Read MoreAfter former Prime Minister Sheikh Hasina resigned in the face of anti-discrimination student movements and left for India, an interim government led by Nobel laureate economist Dr. Muhammad Yunus took charge of Bangladesh on August 8. Since then, fake news about Bangladesh has been spreading in the Indian media. At least 49 Indian media outlets […]
Read MoreThe accusation comes as a surprise as New Delhi and Washington have forged a strong relationship in the last two decades and both have vowed to further strengthen ties despite some differences and irritants. Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has accused the State Department and “deep state” elements in the US […]
Read MoreA young man moves forward with a little food on a boat. He was also forced to leave his home due to the floods. More than 100,000 people have been displaced due to widespread flooding caused by incessant rains in the northern states of Malaysia, the country’s disaster officials said on Saturday. The ongoing natural […]
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