An economic zone, by definition, is a special designated area within a country's national borders. It is created with its own set of applicable laws to encourage and enhance business and trade investment, and job creation. The primary reason behind setting up such a zone is the desire to attract fo
The US-based international credit rating agency, the Moody's on Monday lowered Bangladesh's long term credit rating from B1 to B2, citing lingering political uncertainty, deteriorating law and order and weak domestic demand. The B2 rating, classified as "highly speculative," signals significant cre
Export diversification has long figured prominently in discussions about the country's export strategy, driven primarily by the overwhelming reliance on ready-made garments (RMG). The push for diversification stems from the need to strengthen the overall export sector by reducing dependence on a si
The committee formed by the interim government to prepare a white paper on Bangladesh economy has reportedly found evidences of fraudulent practices and widespread manipulation of official data by the ousted fascist regime. It only reinforces the long-held view of the economists and social scientis
Within two months of assuming office, the interim government of Dr Muhammad Yunus on September 29 formed a 9-member task force headed by the Bangladesh Bank governor to bring back the money stolen and smuggled out of the country during the previous regime. The task force started work with immediate
Before he became the 45th President of the United States (US) in 2016, Donald Trump claimed himself as a 'tariff man' who maintained no ambiguity about imposing higher tariffs on imports, mainly from China. After winning the election, he assumed the presidency of the US for four years and initiated
President Aliyev has described the country's rich deposits of natural resources including oil and gas as the "Gift from God". Azerbaijan is rich in both of these fossil fuels. Under his presidency, the country has been roaring ahead with development, driven largely by fossil fuel utilisation. One c
Nowhere is perhaps food hygiene abused more than in this part of the world. Maintenance of this particular hygiene is a prerequisite for food safety, public health and a nation's overall health status. The market of a country known mostly as a sellers' preserve is marked for many of its aberrations
Defining hunger by a single or a set of watertight parameters is a difficult task. This is precisely because hunger varies from place to place not because of the degree but the peculiarities that essentially characterise it. More complex is tracing the exact nature of hunger at a certain geographic
Citizen-centric governance has been widely practiced by many Western countries, especially during the past few decades. Developing countries like Bangladesh, however, still lag far behind in this area. This mode of governance may be defined as a process in which ordinary citizens take part - whethe
In October, food inflation rose to 12.66 per cent from 10.44 in September 2024. According to the Bangladesh Bureau of Statistics (BBS), food inflation drove up general point-to-point inflation to 10.87 per cent in October from 9.92 per cent in September. Though these are just abstract numeric
Be it a political, social or even religious issue that attracts the headlines of the daily newspapers, money matters almost everywhere. People ultimately want to know how they can enhance their earnings and reduce the costs of living. Beyond their apparent interests in political development in the
Like rice, potato is a mainstay for the average consumer in everyday meals. So, when potato prices go beyond the reach of consumers, it is highly concerning. However, if past experience is anything to go by, the plight of retail consumers has never really been a priority area for effective market i
