Watch today's episode of Star Explains to find out more
Watch to find out more in today's episode of Star Explains with Ahsan
In recent years, treasury bills and bond interest rates have exceeded those of savings certificates
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years
How can Bangladesh avoid the economic crisis to deepen further?
The emergence of the Covid-19 pandemic has disrupted garment export from all apparel-producing nations, but the case was different for Bangladesh. Most of the garment factories remained open during the whole pandemic. After remaining slow for a brief period, apparel shipment from Bangladesh continued rising and knitwear played the biggest role here too. Now knitwear is the biggest foreign currency earner for Bangladesh’s garments sector. How did knitwear become Bangladesh’s biggest garment exporter? Can knitwear maintain this rising export trend?
The Russia-Ukraine war has affected the whole world. Bangladesh has also become victim of it, as inflation in the south Asian country is increasing now when its foreign currency reserve is depleting. But at the same time, the share prices of well-performing companies are decreasing and stocks of firms with small capital are rising.
The prime index of the Dhaka Stock Exchange gained 56 points last week from the previous week. The index rose majority of the trading days though most of the stocks were almost buyerless.
Manpower export from Bangladesh rose 185 per cent year-on-year in the first eight months—which is a record. However, remittance inflow and export earnings fell in September when the country’s import volume continue increasing.
Bank owners’ corruption and loan defaults are not new in Bangladesh.
The increase in prices of daily necessities has resulted in instability in the country’s markets. In response to this situation, Bangladesh Competition Commission has filed 44 cases against 36 individuals and companies, accusing them of creating an artificial crisis in the market.
Three garment factories of Bangladesh have recently received green garment factory certificate. Now the country has 171 green garment factories, the highest in the world. Applications of 550 more have already been submitted for such licence. But what is actually a green garment factory? How will Bangladesh be benefited with green garment factory? Where does the green garment factory license come from?
The prime index of the Dhaka Stock Exchange fell 45 points last week from the previous week. Though the index rose majority of the trading days but the week experienced a falling trend at the end.
India for the first time has proposed extending free transit to Bangladesh for export. India has never offered any such facility to Bangladesh.
It is said that Bangladesh makes one out of every three denim sold in Europe. Globally $64 billion worth denim jeans were sold in 2022 and Bangladesh holds around 24.6 percent share of the global denim market. But unfortunately, denim exports from Bangladesh fell 40 percent this year.