Finance

Attempt to transfer Grameen Telecom’s assets worth 2.45 billion $ abroad — Dr. Yunus’s secret meeting

Recent diplomatic developments surrounding Dr. Muhammad Yunus, Chief Adviser of Bangladesh’s interim government, have raised new concerns about the country’s strategic economic interests. In...

Export sector collapsing under interim leader Yunus: Export earnings declining for four consecutive months; exports fell by five and a half percent in November

The alarming statistic of Bangladesh’s export earnings declining for the fourth consecutive month indicates a deep crisis for the country’s economy. In November, export...

Billions from Youth Development Funds Diverted to Form Militias — Allegations of Weapon Training Replacing IT Programs

Serious allegations of financial irregularities have emerged against the interim administration over a 15-day “self-defense training” program under the...

Bangladesh’s Overseas Labor Market Under Threat Due to Diplomatic Incompetence

Not a single closed labor market has been reopened Only 962 workers sent to Japan out of a promised 100,000 Fourteen...

14 foreign trips by Dr Yunus in 14 months: Were those really necessary?

In last 14 months, Dr Yunus went on 14 state trips while only a few of them were bilateral....

IMF’s Reluctance: A Sign of No Confidence in the Illegitimate Yunus Government

The news coming out of Washington, D.C. is not at all surprising. The International Monetary Fund (IMF) has made...

Bangladesh Crisis Exports Decline, Inflation Rises, the Economy Stalls

Bangladesh’s economy is coming under mounting pressure.Export earnings are declining, inflation is climbing, and private sector investment has virtually...

Development Has Stopped — Employment Has Collapsed Under the Yunus Government’s Decisions

At one time, Bangladesh’s economy was recognized as a model of development in South Asia. Government development projects and...