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BANGLADESH FINANCIAL CRISIS
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...- About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
- The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
- Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
- Global Markets | Resilience Tested: Asian economies balance buffers against rising oil shockAsian economies are scrambling to manage an energy shock caused by the Iran war, with soaring oil prices and supply disruptions hitting the...
- India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
- Sri Lanka among worst impacted countries in Asia-Pacific due to West Asia conflict: UN reportIn light of the West Asia crisis, a recent UN report underscores the profound economic challenges facing Sri Lanka. The country is grapplin...
- Global growth needs unconstricted energy markets: Jaishankar on Hormuz disruptionIndia is pushing for safe passage for ships. Attacks on merchant vessels are unacceptable. Global growth needs open energy markets. India w...
- Bangladesh, course-correcting its economyBangladesh anticipates a February 12 election, boosting investor sentiment. Despite strong headline growth, structural issues persist. Fore...
- Bangladesh faces Taka 15,000 crore crisis as Central Bank halts circulation of notes with Bangabandhu’s imageBangladesh Bank's halt on circulating newly printed banknotes featuring Sheikh Mujibur Rahman has triggered an estimated Taka 15,000 crore ...
- Bangladesh's Muhammad Yunus meets Chinese FM Wang Yi, World Bank President Banga at UNGA; discusses bilateral cooperation, financial supportChinese Foreign Minister Wang Yi met Bangladesh Chief Adviser Muhammad Yunus at the UN to discuss bilateral relations, solar panel investme...
- Indian pharma exporters feel pain on Bangladesh crisisThe political unrest and violence in Bangladesh are posing significant challenges for Indian pharmaceutical exporters, leading to stranded ...
- Bangladesh garment industry faces crisis amid political unrest and floodsThe garment industry in Bangladesh has been severely affected by political turmoil and catastrophic flooding. Factories have faced closures...
- Bangladesh crisis: HUL, Dabur and other FMCG majors swing into actionIndian consumer goods companies have paused their operations in Bangladesh following violent protests that led Prime Minister Sheikh Hasina...
- ADB appoints Rahman as the director-general in South Asia unitMultilateral lending agency Asian Development Bank has appointed S Hafeez Rahman of Bangladesh as the director-general of the bank's South ...
- Global financial meltdown to hit poor: YunusBangladeshi economist and Nobel laureate Muhammad Yunus has warned his country is likely to be badly hit by the global financial crisis.
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