National News

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BB maintains contractionary stance in MPS to tame inflation

Like the previous one, Bangladesh Bank (BB) has continued the contractionary mood in monetary policy statement (MPS) for the second half (January-June) of current fiscal 2023-24 (FY24).
BB Governor Abdur Rouf Talukder today announced the contractionary policy stance tightening the money supply to tame inflation.
"The central bank (BB) has adopted a contractionary monetary policy stance and implemented multiple measures aimed at curbing inflation," said BB Chief Economist Dr Md Habibur Rahman while presenting different sides of the MPS at BB headquarters in the city.

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Dhaka Intl Trade Fair begins Jan 21

This years Dhaka International Trade Fair (DITF) will begin on January 21 at the month-long events permanent venue in Dhakas Purbachal.
Prime Minister Sheikh Hasina is scheduled to inaugurate the DITF this year, Senior Commerce Secretary Tapan Kanti Ghosh told The Daily Star.
The showcase normally begins on the first day of January every year, but this time it got delayed because of the general elections held on January 7.

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12th parliament to go into maiden session on Jan 30

The 12th parliament will go into its maiden session on January 30.
President Mohammed Shahabuddin convened the parliament session exercising his power bestowed upon him as per clause (1) of article 72 of the constitution, said a press release of the parliament secretariat today.
The session, also the first of 2024, will start at 3pm on that day.

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Mild cold wave sweeping over parts of Bangladesh

A mild cold wave is sweeping over parts of the country, and it may continue, Bangladesh Meteorological Department (BMD) said on Saturday evening.
According to the regular weather bulletin, “Mild cold wave is sweeping over Rangpur division and the districts of Rajshahi, Pabna, Naogaon, Chuadanga and Kushtia and it may continue.”
The lowest temperature in the country was recorded at 8.8 degrees Celsius in Dinajpur while the highest temperature was recorded at 26.8 degrees Celsius in Teknaf, reads the bulletin.