At Dhaka University, the cradle of a student uprising that overthrew Bangladesh’s prime minister Sheikh Hasina in August, a mural featuring her late father, the independence hero Sheikh Mujibur Rahman, has been defaced.
Red paint splatters the face of the man many Bangladeshis revere as a founder of the nation. Under his visage, which is depicted addressing an adoring crowd, someone has scrawled the words: “Icon of fascism”.
Barely half a year after a revolution that overthrew Sheikh Hasina’s 15-year rule, the interim government led by Nobel laureate Muhammad Yunus is rewriting Bangladesh’s official history, downplaying Sheikh Mujib’s role in its 1971 struggle for independence and challenging the cult of personality that was built around him.
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Countries worldwide are grappling with high inflation and low growth, prompting diverse monetary policy responses across regions. Global inflationary pressures are posing significant challenges for economies, as nations struggle to manage rising prices while maintaining economic momentum.
India has experienced relative success in managing inflation, with the Reserve Bank of India (RBI) aiming to keep inflation within the target range of 2-6 per cent amid uncertain global conditions. Despite disruptions to global supply chains and rising agricultural prices, the RBI has implemented necessary interest rate adjustments to curb inflationary pressures.
Banglade...
Sarjis Alam, the chief organiser of the Jatiyo Nagorik Committee and a prominent leader of the Anti-Discrimination Student Movement, has recently married. The news was met with an outpouring of congratulations from friends, fellow activists, and well-wishers, including key figures in the interim government.
On Friday evening, Asif Mahmud Sajeeb Bhuiyan, the Youth and Sports Adviser, shared a congratulatory message on
Facebook, posting a photo from the wedding. The image featured Sarjis Alam i...
The United States has stated that port security exchanges with Bangladesh continue to offer significant mutual benefits. Representatives from the US Coast Guard’s International Port Security (IPS) Programme conducted a country assessment in collaboration with the Bangladesh Department of Shipping from 20 to 23 January.
During this assessment, the US Coast Guard engaged directly with the Department of Shipping in a bilateral exchange of port security information and shared best practices.
A prominent delegation from the American Apparel & Footwear Association (AAFA) and the Fair Labor Association (FLA) met with representatives of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to discuss critical issues concerning workers’ rights in the country’s readymade garment (RMG) sector.
The BGMEA’s statement indicated that the purpose of the visit was to strengthen US-Bangladesh partnerships within the RMG industry. The meeting was led by BGMEA Administrator Anwar Hossain and included members of the BGMEA Support Committee—Miran Ali, Asif Ashraf, Rezwan Selim, ANM Saifuddin, Shehabudduza Chowdhury, and Shams Mahmud.
During the discussions, both parties emphasised the importance of fostering a sustainable and ethical RMG industry in Bangladesh whil...
The country will need some Tk 5,824 billion as deficit financing in the next two fiscals where the domestic bond market is under focus of development to meet the need.
Of the total amount, some Tk 2785 billion will be needed for the next 2025-26 fiscal while some Tk 3039 billion will be needed for the 2026-27 fiscal, according to an official document of the Finance Ministry.
In the 2024-25 fiscal year, deficit financing is estimated at Tk 2559 billion.
The document said that the Government of Bangladesh remains committed to sustaining a prudent fiscal policy while efficiently financing its development projects.
In the medium term, the government’s approach to deficit financing and debt management aims to secure its financing need...
