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AM Jahid

Staff Reporter at The Daily Star, Bangladesh #10 years of experience #Expertise: digital and multimedia content production, fact checking, data analysis, social media management, search engine optimization.

ADB loan to Bangladesh

ADB attaches 20 conditions to another $600m budget support

The Asian Development Bank (ADB) has outlined 20 conditions for Bangladesh to access $600 million in the second tranche of a loan for the implementation of its “Strengthening Economic Management and Governance Program”.
2 January 2025, 18:00 PM
2 January 2025, 18:00 PM
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Is cooling red-hot inflation to 7% by June possible?

The central bank governor projects cooling the red-hot inflation, which has hovered above 9 percent since March last year, to 7 percent by June next year.
14 December 2024, 18:00 PM
14 December 2024, 18:00 PM
ADB loan to Bangladesh

ADB approves $600m to accelerate economic recovery

The Asian Development Bank (ADB) has become the first among multilateral and bilateral lenders to respond to the interim government's call for budgetary support, approving $600 million aimed at easing pressure on foreign exchange reserves and accelerating economic recovery.
11 December 2024, 19:59 PM
11 December 2024, 19:59 PM
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Revised budget may be Tk 50,000cr smaller

Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).
7 December 2024, 18:00 PM
7 December 2024, 18:00 PM
The middle income intellectual trap

Bangladesh ‘sleepwalked’ into middle-income trap

Bangladesh, mired in data fog, has “sleepwalked” into the middle-income trap according to the white paper on the state of the country’s economy.
3 December 2024, 18:00 PM
3 December 2024, 18:00 PM
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Distressed loans equal to cost of 22.5 Padma bridges

Distressed assets in the banking sector have reached a whooping Tk 6,75,030 crore, an amount bigger than the cost of building 22 bridges across the Padma or 13.5 metro rail systems in Dhaka, according to a White Paper released yesterday.
1 December 2024, 18:34 PM
1 December 2024, 18:34 PM
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Banks reel from liquidity crisis despite rising deposit rates

Despite rising interest rates on deposits and various efforts by the central bank, Bangladesh’s banking sector continues to face a liquidity crisis that has hamstrung some lenders.
25 November 2024, 18:00 PM
25 November 2024, 18:00 PM
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Moody’s downgrades Bangladesh banking rating to ‘very weak’

Moody’s has downgraded Bangladesh’s banking sector to “very weak” from “weak”, citing worsening client confidence, limited transparency and inadequate financial safeguards over the past year.
20 November 2024, 18:00 PM
20 November 2024, 18:00 PM
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Edible oil gets pricier again

The price of soybean oil goes up again in the country today, with each litre to be sold for Tk 153, up from the previous price of Tk 144 set barely two weeks ago.
28 May 2021, 18:00 PM
edible_oil_price_web.jpg

Edible oil prices raised again

Edible oil manufacturers have reinstated a hike of around 2 per cent to take the price per litre to Tk 144, making availing daily essentials even more difficult for pandemic-hit people.
23 May 2021, 18:00 PM
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Over 90pc Boro paddy harvested

Farmers in Bangladesh have already harvested 90 per cent of the Boro paddy in the current season, dispelling worries that the impending cyclonic storm could have a major effect on the production of the biggest crop and hurt food security, the agriculture ministry said.
23 May 2021, 18:00 PM
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Sunflower acreage goes up on rising profits

Glee has spread around homesteads of sunflower farmers as they are expecting to make a good profit thanks to a bumper yield this year.
19 May 2021, 18:00 PM
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Small farmers produce the bulk of foods

The small, marginal and landless farmers together account for around 70 to 80 per cent of the country’s food production, said agricultural analysts.
10 May 2021, 18:00 PM
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LPG Prices: Fixed but not enforced

Consumers are being compelled to buy liquified petroleum gas (LPG) at a much higher price than the one set by the regulator.
8 May 2021, 18:00 PM
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Japan, an unfailing partner in Bangladesh’s development journey

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of official development assistance in 2020.
6 May 2021, 18:00 PM
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LPG price slashed by 7pc

The energy regulator has re-fixed the price of liquefied petroleum gas (LPG) of private companies.
29 April 2021, 18:00 PM
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Early pineapple harvest benefits farmers

An intense heatwave is sweeping across the country. The sun’s piercing rays inevitably cause streams of sweat to run off pedestrians.
29 April 2021, 18:00 PM
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Govt floats tender to lease out 25 jute mills

The government has floated an international tender to lease out 25 state-run jute mills for a period of five to 20 years even though industrialists seem uninterested on the short-term deals.
28 April 2021, 18:00 PM
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City Bank founder Deen Mohammad passes away

Prominent Industrialist and Chairman of Phoenix Group Deen Mohammad passed away at a hospital in Dhaka early yesterday. He was 83.
27 April 2021, 18:00 PM
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Edible oil prices rise again

Edible oil prices have risen for a third time in two months, making it even more difficult for low-income groups to afford the essential cooking ingredient amidst the ongoing coronavirus pandemic.
26 April 2021, 18:00 PM
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Turkey farming drops as demand crashes

Mizanur Rahman sometimes takes a look at some photographs on his mobile phone. Those are a bit old, taken about a year ago.
19 April 2021, 18:00 PM
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Govt launches $7.5m Covid response fund

Entrepreneurs will now get financial support from the government to produce medical and personal protective equipment (MPPE) for both local and international markets as the fight against Covid-19 continues.
18 April 2021, 18:00 PM
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3 lakh paddy growers in distress

36 districts, mostly Boro growers in haor areas, were affected in the recent nor’wester and the heatwave that swept over the country on April 4.
17 April 2021, 18:00 PM
Ramadan-staples.jpg

Price hike of eggplant puts a damper on iftar

The hefty price of eggplants is draining the wallets of Dhaka citizens that enjoy the traditional iftar item, beguni.
16 April 2021, 18:00 PM
Money.jpg

Postal life insurance offers financial protection to future generations

Over the years, awareness about insurance has grown and its demand has accelerated as many people look for financial protection for the long term.
15 April 2021, 18:00 PM
lpg1.jpg

Regulators fix LPG prices

Bangladesh Energy Regulatory Commission, for the first time, fixed the retail prices of liquefied petroleum gas yesterday disappointing consumers.
12 April 2021, 18:00 PM
Money.jpg

An avenue for small savers

After paying rent, buying daily necessities and providing educational expenses for the children, most of the salary of an average professional is gone.
8 April 2021, 18:00 PM
Boro-paddy.jpg

Boro farmers’ hopes dashed by nor’wester, heat wave

The nor’wester and accompanying heat wave that swept over the country on Sunday massively damaged Boro paddy in both plain and haor areas of at least seven districts in northeast and southern divisions, dampening hope for increased production of rice and decline in prices to ease pressure on low income people’s budget.
8 April 2021, 18:00 PM

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