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International

B’desh’s inflation spikes 12-yr high to 11.66% in July

Data released by the Bangladesh Bureau of Statistics on Monday showed that food inflation in July registered a record high of 14.10 per cent and non-food inflation at 9.68 per cent. This was 10.42 per cent and 9.15 per cent respectively in June.

News Arena Network Aug 13 2024

International

Businesses face liquidity crunch in Bangladesh post-Hasina

withdrawal of cash from banks at Tk 2 lakh amidst uncertainty in the country following the fall of the Sheikh Hasin-led government, a media report said on Monday.

International

Hasina's undelivered speech blames US for regime change plot

Hasina was unable to deliver her speech as demonstrators surged to her doorstep, prompting top security officials to advise her to leave the premises immediately.

Economy

FM: Garment sector uncertain, normalcy may return soon

Finance Minister Nirmala Sitharaman acknowledged on Saturday that the Indian garment and knitted fabric sector is experiencing some uncertainty due to the ongoing crisis in Bangladesh. Sitharaman expressed hope that the interim government in Bangladesh will resolve the situation "sooner rather than later."

International

Did ISI and China plot with Khaleda's BNP against Hasina?

Intelligence sources have claimed that plans to overthrow former Bangladesh Prime Minister Sheikh Hasina's government were hatched in London.The alleged plotters were Pakistan's Inter-Services Intelligence (ISI) and Hasina's political rival Khaleda Zia's Bangladesh Nationalist Party (BNP).

Economy

Rajasthan garment exporters eye 20% rise amid B’desh crisis

Following Sheikh Hasina's resignation, political instability in Bangladesh is driving international garment buyers to explore alternatives. Rajasthan's readymade garment exporters expect a 20% increase in Christmas orders, with major brands potentially shifting their business to India if the crisis continues.

International

Who’s who in Yunus-led Bangladesh interim cabinet

The Cabinet was formed through a series of discussions among student leaders, civil society, and the military earlier in the week, reflecting a broad spectrum of non-political actors in Bangladesh.

International

White man, an airbase and Hasina's ouster

Before her resignation as Prime Minister, Sheikh Hasina had alleged that conspiracies were being hatched to remove her from power and topple her government, even fearing that she could be assassinated like her father, Sheikh Mujibur Rahman, fondly referred to as Bangabandhu, friend of Bengal and the founder father of the country.

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