Bangladesh has been running near double digit inflation for well over the past 12 months. This spells trouble for a government at any time, but this is especially worrisome in an election year. It is, therefore, hardly surprising that the Prime Minister has asked her economic team to fight and lower inflation quickly by all…
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No attempt to thwart the election should be made from outside the country, Prime Minister Sheikh Hasina has warned pointing to those who are saying that they would impose sanctions on the country. She said, “If attempts are made to manipulate the election from outside our borders, the people of Bangladesh may also respond with sanctions.…
According to data from the Bangladesh Competition Commission, local manufacturers can fulfil 50% of the demand in the capital and only 30% of the demand outside TBS Illustration Libra Infusions Ltd, the largest saline manufacturer in the country, has slashed its production by 75% due to what it claims is a capital shortfall, just as…
Global Financial Integrity (GFI) – a Washington DC-based think-tank that focuses on illicit financial flows – has published a number of reports on money laundering in Bangladesh. These reports found that Bangladesh is a major source of illicit financial flows, with billions of dollars being laundered out of the country each year. The main methods of…
The Copyright Bill 2023 was passed in Parliament today providing a penalty of Tk 5 lakh for publishing, serving, or performing any work of others without having copyright of such content. For the violation of copyright of films, the maximum punishment is five years of imprisonment and Tk 10 lakh in fine. State Minister for…