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Air fares and food prices push up inflation to 3.8% in July

Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food. That means inflation is at its highest level since January 2024 and still far above the Bank of England’s target of 2%. The cost of eating out, as well as food and non-alcoholic beverages more ...

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Malaysia to recruit over 24 lakh foreign workers

The Malaysian government will hire 24.68 lakh foreign workers under its calling visa program, with applications open until December 31, 2025. The announcement was made on Tuesday, August 19, by Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, and widely reported across Malaysian media. Saifuddin said foreign workers will be recruited across 13 sub-sectors, including agriculture, plantations, and mining. Other ...

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Asian markets flat as Trump-Putin talks fuel hopes for Ukraine breakthrough; oil, SoftBank slip

Asian markets showed minimal movement on Tuesday, following a muted session on Wall Street and renewed geopolitical attention as US President Donald Trump reported “very good” talks with Ukrainian and European leaders aimed at ending the three-year war in Ukraine. Markets were cautiously optimistic after Trump revealed he had spoken by phone with Russian President Vladimir Putin—just days after the ...

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Britain cancels extra border checks for animals ahead of UK-EU deal

Britain is suspending the previously planned introduction of extra border checks on live animal imports from the European Union to ease trade ahead of the implementation of a deal agreed in May to reduce friction, the UK government said on Monday. Extra border checks on some animal and plant goods imported from Ireland will also be suspended. May’s sanitary and ...

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S Alam Group chairman, 19 others sued for embezzling Tk 80cr

The Anti-Corruption Commission (ACC) has filed a case against 20 people, including S Alam Group Chairman Mohammad Saiful Alam, on charges of embezzling Tk 80 crore from First Security Islami Bank. ACC Deputy Director Afroza Haque Khan lodged the case on Sunday at Chattogram District Integrated Office-1. The accused include former chairman of First Security Islami Bank Mohammad Saiful Alam, ...

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Bangladesh economy shows signs of resilience amid rising digital activity, export growth: GED

Bangladesh’s economy is displaying renewed resilience, supported by a surge in digital transactions, improved external balances, and rising exports, according to the latest economic update from the General Economics Division (GED) of the Planning Commission. The GED report highlights strong momentum in mobile financial services (MFS), with year-on-year growth in transaction volumes across merchant payments and salary disbursements. March 2025 ...

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Remittances to Bangladesh hit 1.14bn dollar in 13 days of August

Bangladesh received 1.14 billion US dollar in remittances in the first 13 days of August of the fiscal year 2025-26. According to the latest data from the Bangladesh Bank, the amount was 889 million dollar during the same period of the previous fiscal year. The central bank’s report, released Thursday (Aug 14), shows a significant year-on-year increase of 255 million ...

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Asian markets mixed as Japan growth offsets China worries; oil slips ahead of US-Russia summit

Asian stock markets saw mixed performance on Friday, with stronger-than-expected Japanese growth offset by weak Chinese economic data, while oil prices edged lower ahead of a key summit between US President Donald Trump and Russian President Vladimir Putin. Japan’s economy expanded by 0.3% in the April–June quarter, with the previous quarter’s output also revised upward—helping the world’s fourth-largest economy narrowly ...

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UK economic growth slows but beats forecasts

UK economic growth slowed between April and June, according to official figures, but came in better than expected. The economy expanded by 0.3%, down from 0.7% in the first three months of the year, the Office for National Statistics said. The biggest contribution came from services while the construction industry also grew. The government has made boosting economic growth a ...

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Remittance hits $1.05b in 12 days

Bangladesh has recorded $1.054 billion in remittance inflows during the first 12 days of August, reflecting a strong 34% year-on-year growth and signaling renewed momentum in foreign exchange earnings. According to Arif Hossain Khan, Spokesperson and Executive Director at Bangladesh Bank, the figure marks a significant increase from $721 million received during the same period in August 2024—an additional $333 ...

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