Bangladesh’s average inflation crept up four basis points in 2019, which saw fluctuations throughout the year and a skyrocketing of the price of onion, an essential cooking ingredient. At the end of 2019, inflation stood at 5.59 percent, up from 5.55 percent a year earlier, according to...
Inflation dropped to 5.02 per cent in January, the lowest in eight and a half years, on the back of the arrival of winter vegetables that contributed to the consumer price decline, official figures showed yesterday. This is the third straight month of overall...
Inflation edged up slightly in March owing to the rise in prices of non-food items although coronavirus-induced panic-buying before the country was placed on a lockdown made some food items expensive. General inflation rose by only two basis points to 5.48 per cent from 5.46 per cent...
Some 125 publicly-traded companies in the manufacturing and service sectors have expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among them, 116 companies are in the manufacturing sector, such as RMG, cement, ceramics, engineering, and tannery sector. The other nine are in the real estate and service sector. These companies are...
Bangladesh expects a bigger inflow of foreign direct investment in the days to come as different nations plan to relocate their factories to countries like Bangladesh to bring down cost amid a cash crunch caused by the pandemic, said Commerce Minister Tipu Munshi yesterday. In 2019, the...