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Economy


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Cluster fish farming gains popularity in Khulna

Monir Molla, 53, a resident of Dighalia village under Dighalia upazila in Khulna, has transformed his life through cluster-based fish farming, emerging as a role model for local aquaculture entrepreneurs.

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Unemployment in Germany tops 3 million

German unemployment topped three million in August for the first time in over a decade, official data showed Friday, in another blow to Europe’s struggling top economy.

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Inflation returns to Sri Lanka

Sri Lanka’s deflationary streak ended in August, with prices climbing 1.2 per cent, official data showed Friday, as the cash-strapped economy emerges from a meltdown three years ago.

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Foreign debt repayment rises

Bangladesh’s foreign debt servicing increased by 16 per cent in July, first month of the fiscal year 2025-26, with repayments far outpacing fresh loan inflows, raising concerns about mounting vulnerabilities in the country’s external financing.

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Bagherhat’s dried fish fetches Tk 6cr revenue

On the windswept shores of Dublar Char, at the southern edge of the Sundarbans and the Bay of Bengal, a seasonal economy thrives that sustains thousands of livelihoods and contributes significantly to Bangladesh’s national coffers...

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50pc US tariffs on Indian goods take effect

US tariffs of 50 per cent took effect Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil...

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BEPZA attracts 23 Chinese investors in 14 months

The Bangladesh Export Processing Zones Authority has witnessed a sharp rise in Chinese investments over the past 14 months, due to China’s shift to high-value products and the ongoing US-China tariff tensions...

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Taka reaches near fair value, claims BB

Bangladesh’s currency, the taka, has finally moved close to its fair value against the US dollar, trading at a level that better reflects economic fundamentals after years of artificial overvaluation and damaging distortions...

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Transactions of BFIU chief Shahinul under scrutiny

The Bangladesh Financial Intelligence Unit (BFIU) has begun scrutinising the financial transactions of its chief, AFM Shahinul Islam, including those linked to his wife, Suma Islam, according to BFIU officials...

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Modi dangles tax cuts as US tariffs loom

Indian prime minister Narendra Modi’s push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say...

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UK annual inflation rises more than expected in July

British inflation accelerated more than expected in July, reaching its highest level since the start of 2024, official data showed Wednesday, adding more pressure on the UK government and economy...

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Chinese shoe co to invest $10.20m in BEPZA EZ

Dunion Taiyang Sheng Shoes (BD) Company Limited, a Chinese company, is set to invest $10.20 million in BEPZA Economic Zone to establish a footwear industry, said a press release...