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Money laundering threatens to render development meaningless
Money laundering threatens to render development meaningless

Economics

Money laundering threatens to render development meaningless

Former State Minister for Planning, eminent economist Dr. Shamsul Alam expressed his concern over money laundering while delivering a keynote speech at a seminar organized by the Bangladesh Agricultural Economists Association on June 20. The seminar's theme was "Bangladesh's Economy in the Global Context: Growth, Inflation, Food, and Nutrition." Dr. Shamsul Alam stated that each year, 7 to 8 billion US dollars are being laundered from Bangladesh. He identified money laundering as a significant reason behind the ongoing foreign currency reserve crisis in the country. The former State Minister also mentioned that money laundering is creating complex problems for the country's economy.

ISPR requests not to get misled by rumours over security of St. Martin’s
ISPR requests not to get misled by rumours over security of St. Martin’s

National

ISPR requests not to get misled by rumours over security of St. Martin’s

Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.

Inflation will begin to decline by end of this year: FM
Inflation will begin to decline by end of this year: FM

National

Inflation will begin to decline by end of this year: FM

Finance Minister Abul Hassan Mahmood Ali on Friday said the country must wait for 6 months to bring inflation under control.

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