Extreme heat poses a growing threat to jobs, productivity and economic development in Bangladesh and across South Asia, according to a World Bank report released Thursday.
Bangladesh is working to reduce logistics costs as part of efforts to curb food inflation, commerce minister Khandakar Abdul Muktadir said Thursday.
Aromatic rice prices have climbed sharply in Naogaon, thinning customer traffic and prompting allegations that millers are creating an artificial shortage.
Bangladesh government borrowing from banks rose to a record 1,30,875 crore taka (approximately $10.59 billion) during the July-to-May reporting period, according to a Bangladesh Bank report.
S&P Global Ratings has revised Bangladesh’s long-term sovereign credit outlook to negative from stable, warning that banking weaknesses, fiscal constraints and external risks could delay the country’s economic recovery.
Bangladesh is developing an artificial intelligence-based data analysis system to predict shortages of essential commodities and help the government respond more quickly to market disruptions, the commerce minister said Tuesday.
Bangladesh will waive booth rent for small entrepreneurs participating in international trade fairs as part of efforts to expand exports, commerce minister Khandakar Abdul Muktadir said Monday.
Bangladesh’s gas crisis may take another 10 to 15 days to ease as repairs continue at a fire-damaged liquefied natural gas facility, energy minister Iqbal Hassan Mahmood said Monday.
A gas shortage linked to a mechanical failure and fire at a floating liquefied natural gas terminal in Moheshkhali is disrupting factories, homes, refueling stations and power generation across Bangladesh.
Fishers across hilsa sanctuaries in Bangladesh’s Barishal division are returning with few fish during the peak monsoon harvest season, leaving thousands facing financial hardship.
