Russia-Ukraine war

January 23, 2023
January 23, 2023

RMG export to Russia drops sharply

Even a year ago before the start of the Russia-Ukraine war, Rajiv Chowdhury, managing director of Young4ever Textiles, used to ship T-shirts and polo shirts worth $1 million to Russia as the market was opening up for local exporters. 

January 23, 2023
January 23, 2023

After energy, LC opening crisis now cripples businesses

At the beginning of 2022, businesses were upbeat and many of them thought that the worst stemming from the losses induced by the coronavirus pandemic was finally over. That was short-lived. 

January 13, 2023
January 13, 2023

Plight of small businesses only deepens

Mohammad Sohel was dusting off the shelves in his shop at the Muktijoddha Supermarket in Mirpur 1 on Wednesday afternoon as no shopper was present. In fact, he did not record any sales on the day although some shoppers did turn out.    

January 13, 2023
January 13, 2023

RMG export growth slows in US, EU for global uncertainty

The growth of garment shipment to the US and the European Union declined in July-December as consumers in the two largest export destinations of Bangladesh have remained concerned about the persisting economic uncertainty for the raging Russia-Ukraine war.  

January 7, 2023
January 7, 2023

Living another year dangerously

2022 has been a year of great uncertainty when it seemed the world perilously reached the brink of self-destruction – be it human-induced climate change or military conflict.

December 25, 2022
December 25, 2022

Accepted party leadership considering volatile global economy: Hasina

Prime Minister and Awami League President Sheikh Hasina yesterday said she accepted leadership of the party this time considering the volatile global economic situation.

December 25, 2022
December 25, 2022

Major world events of 2022

It was a year when death came abruptly to what otherwise were days of communal celebrations; when Britain lost a queen and Japan, its former premier; when inept leaders – corrupted by hubris – fell; and when nature again refused to be ignored. It was a year of another devastating war in Europe.

December 21, 2022
December 21, 2022

Export stands out in turbulent year

Bangladesh's export sector showed its prowess in 2022 despite the devastating Russia-Ukraine war, unprecedented freight costs, energy crisis, record inflation and a risk of a recession that loomed throughout the outgoing year.

December 20, 2022
December 20, 2022

2022: a year of revival, struggle and resilience

Bangladesh welcomed 2022 on a strong footing and was about to recover from the coronavirus pandemic in full swing and fire on all cylinders. In fact, economic activities were almost back to the pre-Covid level.  

December 5, 2022
December 5, 2022

Food crisis again in the spotlight

FAO warning sums up a troubling time marked by a rise in food insecurity, poverty