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Searched Tag: bangladesh crisis

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

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

August 13, 2024, 04:17 PM - 2 min read

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.

Businesses face liquidity crunch in Bangladesh post-Hasina

August 12, 2024, 12:37 PM - 2 min read

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.

Former Prime Minister of Bangladesh, Sheikh Hasina. File photo.

Hasina's undelivered speech blames US for regime change plot

August 11, 2024, 01:00 PM - 2 min read

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.

Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: Sitharaman

FM: Garment sector uncertain, normalcy may return soon

August 10, 2024, 07:40 PM - 2 min read

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."

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).

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

August 9, 2024, 10:13 PM - 2 min read

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).

Rajasthan garment exporters eye 20% rise amid Bangladesh crisis

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

August 9, 2024, 12:43 PM - 2 min read

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.

Muhammad Yunus, Nobel laureate and now chief adviser, leads Bangladesh's interim government, formed amidst political upheaval, with key figures from civil society and student movements.

Who’s who in Yunus-led Bangladesh interim cabinet

August 9, 2024, 11:51 AM - 2 min read

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.

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.

White man, an airbase and Hasina's ouster

August 9, 2024, 10:16 AM - 2 min read

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.