Paterson City, New Jersey, has honored Karamot Ullah Biplob as an “immigrant-friendly” journalist. He was recognized for highlighting the lives and struggles of immigrants from various countries, including Bangladeshis living in the United States. Mayor Andre Sayegh presented Karamot Ullah Biplob with a city administration “proclamation” at City Hall on Wednesday. Mayor Sayegh praised the […]
Read MoreThe interim government has expressed concern over the ongoing vandalism and arson attacks across the country. In a statement issued at 1:01am today (7 February), the government said it will strongly resist such attempts. “The interim government is committed to ensuring the safety of citizens and their property,” said the statement posted on Chief Adviser […]
Read MoreThe country’s apparel exports grew by 12% year-on-year to $23.55 billion in the first seven months of fiscal 2024-25, according to government data. Overall exports exceeded $4 billion for four consecutive months from October to January. In January, shipments reached $4.44 billion, marking a 5.70% year-on-year growth, according to Export Promotion Bureau (EPB) data released […]
Read MoreThe geopolitical landscape of South Asia is currently abuzz with discussions on the renewed warmth in Pakistan–Bangladesh relations. In India—and consequently, much of the world—the perception of this relationship is deeply shaped by historical events, particularly those of March 1971, when the Pakistan Army launched genocidal attacks on intellectuals at Dhaka University and others who […]
Read MoreThe country’s merchandise exports grew by over 7% to $4.5 billion in January, compared to $4.2 billion in the same month a year ago, driven largely by an increase in shipments of ready-made garments. With this, export earnings surpassed $29 billion in the first seven months of the current fiscal year, reflecting growth of over […]
Read MoreWhen US President Donald Trump imposed a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods, the shockwaves were felt far beyond these three economies. European nations and Japan are also on edge, bracing for the ripple effects of this aggressive trade manoeuvre. As expected, Canada on Saturday announced […]
Read MoreThe government’s external debt burden is rising at a pace far outstripping revenue growth, pushing the debt-to-revenue ratio dangerously close to the IMF’s 18% threshold by the end of fiscal 2023-24, according to a recent Economic Relations Division (ERD) report. The debt-to-revenue ratio surged to 16.53% in FY24, up from just 12% a year ago, […]
Read MoreAround 86% of the country’s economic units (establishments engaged in economic activities) are facing capital challenges, with 34% not getting easy loans, according to the latest Economic Census 2024, conducted by the Bangladesh Bureau of Statistics (BBS). Planning and Education Adviser Wahiduddin Mahmud termed the situation unfortunate, stating, “Thousands of crores of taka have been […]
Read MoreThe formation of a new political party by students is a possibility and they are campaigning, Chief Adviser of the interim government Muhammad Yunus told the Financial Times. Speaking on a podcast during his visit to Davos, Switzerland, the chief adviser said, “This is a good time because always I’m protecting the unity of the […]
Read MoreForeign direct investment in export processing zones (EPZs) dropped 22.33% year-on-year during the July-December period of 2024, while exports increased by 22.41%. According to the Bangladesh Export Processing Zones Authority (Bepza), foreign investment in EPZs declined to $126.33 million from $162.66 million in the second half of 2023. Bepza, which manages EPZ operations, attributed the […]
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