Bangladesh Sees Inflation Drop to 8.26% in August

Bangladesh has experienced a significant 22.3 percent increase in workers' remittances during the first 26 days of August 2026.

In the first eight days of August, Bangladesh experienced a significant increase in remittances, with a 42.9% rise compared to the same period last year.

Bangladesh's workers' remittances have surged by 45.6% in the first 11 days of August 2026.

Bangladesh's remittance inflow surged by 69.2% in the first nine days of August 2026, reaching $1.142 billion.

Britain's inflation rate increased to 2.9% in July, driven by higher energy bills.

Workers' remittances to Bangladesh have increased by 20.9% year-on-year, reaching $3.27 billion by August 3, 2026.

The Metropolitan Chamber of Commerce and Industry (MCCI) reports that Bangladesh's economy showed signs of gradual stabilization in the fourth quarter of FY26, supported by stronger remittance inflows, increased foreign exchange reserves, easing inflation, and a rebound in exports.

Bangladesh received $2.031 billion in remittances in the first 19 days of August, a 29.1 percent increase from the same period last year.

Spain's inflation rate jumped to 4.3 percent in August, driven by soaring energy prices.

Mahdi Amin, Adviser to the Prime Minister for Labour and Employment, emphasizes sustainable security, dignity, and fair opportunities for working people in Bangladesh.

Nearly half of the industrial plots planned for the Jashore Export Processing Zone (EPZ) have been prepared for allocation to investors as the development of the new industrial hub in the country's southwestern region progresses rapidly.

The US Bureau of Labor Statistics reported robust job growth in August, adding 162,000 jobs and maintaining the unemployment rate at 4.1 percent.

The Bank Resolution (Amendment) Bill, 2026, aiming to repeal Section 18(a) of the Bank Resolution Act, was placed in the Jatiya Sangsad today.

Commerce Minister Khandakar Abdul Muktadir revealed a comprehensive reform plan to rejuvenate Bangladesh's leather industry, focusing on tannery relocation, investment attraction, and international compliance.

Bangladesh could significantly benefit from tapping into international carbon markets, according to Singapore's High Commissioner to Bangladesh.

US private sector hiring in August slowed to its lowest pace this year, according to recent data from payroll firm ADP.

The Cabinet Committee on Government Purchase (CCGP) has approved the import of 70,000 tonnes of phosphate-based fertilizer and four liquefied natural gas (LNG) cargoes to meet domestic demand.

The government has introduced financial incentives and preferential tariffs to encourage rooftop solar power generation, aiming to expand renewable energy use and tackle the country's energy crisis.

The ongoing electricity and energy crisis in Bangladesh stems from the fallen government's flawed energy policies, excessive import dependence and failure to build national capacity, according to Finance and Planning Adviser Prof Dr Rashed Al Mahmud Titumir.

Bangladesh's foreign exchange reserves have surged to a record high of $37.41 billion, according to the latest data from Bangladesh Bank.

A recent workshop highlighted the need for increased public awareness and technical support to promote rooftop solar power usage in Bangladesh.

Real Madrid striker Kylian Mbappe acknowledges the Ballon d'Or talk following his remarkable World Cup performance.

Nepal held a national day of mourning for victims of the devastating glacial floods, as families of the missing hydropower workers prayed for their survival.

Oxford University's Pitt Rivers Museum has agreed to return the remains of 39 individuals taken during Britain's colonial era to the Naga community in northeast India.

French wine production is expected to fall 6 percent from 2025 to less than 34 million hectolitres, marking the lowest output in 70 years.

Average diesel prices in the United States have reached a new record high of $5.90 a gallon due to disruptions in Gulf refineries following the conflict with Iran.

Commerce and Industries Minister Khandakar Abdul Muktadir announced plans to modernise Bangladesh's company law to align with contemporary business needs.

MetLife Bangladesh has rolled out a new digital wellness feature, 360Health Score, integrated into its One by MetLife mobile app.

Bangladesh Bank has enlisted 131 firms to assess collateral for bank loans, divided into two groups.

A festive atmosphere filled branches of Sammilito Islami Bank as the bank began repaying deposits to individual customers.

An avalanche in the Caucasus Mountains has resulted in the deaths of 11 climbers, with six more missing.

Chattogram Customs has successfully earned Tk 599.59 crore from auctioning goods between January 2021 and June 2026.

American tennis star Frances Tiafoe defeated former champion Daniil Medvedev in straight sets to advance to the quarter-finals of the US Open.

A fire in Indonesia's easternmost Papua region has claimed 11 lives, including six children.

The UEFA Champions League kicks off with Paris Saint-Germain aiming to make history by winning the competition for the third consecutive year.

An alleged US strike on a wedding in Kuhestak, Iran, has left a trail of wreckage and claimed the lives of five individuals.

Iranian authorities have announced a rise in petrol prices for heavier consumers, a move that comes as the United States intensifies its economic sanctions against the country.

Carlos Alcaraz, the defending champion, secured a straight-sets victory over Tommy Paul to reach the US Open quarter-finals.

The Israeli army has ordered residents of Deir Zahrani in southern Lebanon to evacuate a specific zone ahead of planned strikes against Iran-backed Hezbollah.