About 10.5 million lives, 100 million displaced people, and 32.5 million refugees since 1945 should indicate the inadequacy of the UN system.

The government is far away from achieving the major targets set for the current fiscal year when the national budget was unveiled in June last year, owing to its failures to assess the global scenario before fixing the goals, experts said.    

The taka has lost its value further against the US dollar after the Bangladesh Bank sold the greenback at Tk 104.5 as the foreign exchange reserves keep falling.

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the last report of a series and it focuses on the lessons for the businesses from the two unprecedented shocks.

Challenges that are fundamentally transnational or global in nature are driving the biggest shifts in development policy.

Mess residents’ struggle highlights vulnerability to high food prices

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the second report of a series to present how various sectors fared in the face of the two unprecedented shocks. 

Economic uncertainty will keep us on our toes

The inflow of work orders from international clothing retailers and brands to Bangladesh has slowed because of the persistently higher cost of living in the western world and a pile-up of apparel stocks at stores.

There are at least three laws and as many government bodies to protect the consumers from price manipulation, but it goes on unabated due to lax enforcement of the laws and a lack of coordination among the government organisations, say commodity experts.

Moscow said it would not oppose prolonging the so-called Black Sea Grain Initiative aimed at easing the global food crisis

Bangladesh should brace for the upcoming complex challenges and take precautions accordingly.

Famed war correspondent John Pilger discusses the Russia-Ukraine war.

Mehedi Hasan Mohon knew his life would never be the same when the Russia-Ukraine war began a year ago.

In the end, it was a war that began some 5,800 kilometres away a year ago that laid bare the longstanding weaknesses of the Bangladesh economy.

Despite European, North American and Japanese companies exiting Russia over its actions in Ukraine, the impact on Russian consumers is minimal, although delivery times can be longer and some goods more expensive

The private sector’s foreign debt decreased by 4.3 per cent, or more than $1 billion, in the second quarter of the current fiscal year following Bangladesh Bank’s strict measures to control imports.

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. 

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. 

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.