Wednesday , August 12 2026

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Bangladesh to carry out first-ever watercraft census

To revive the water transport sector and unlock its full potential for the economy, the government is set to conduct Bangladesh’s first-ever census on watercraft. Jointly organised by the shipping ministry and the Bangladesh Bureau of Statistics (BBS), the nationwide survey will run from August 20 to August 29. It …

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Singapore says AI-related demand lifting economy

Singapore sharply raised its forecast for economic growth in 2026 on Tuesday as robust AI-related global demand boosted activity. Gross domestic product is now expected to expand by 4.5 to 5.5 percent year-on-year in 2026, up from a previous forecast of 2.0 to 4.0 percent, the government said. “This reflects …

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Inflation eases further to 8.32% in July

Bangladesh’s general point to point inflation fell to 8.32 percent in July 2026, down from 9.16 percent in June, mainly due to a significant decline in both food and non-food inflation, according to data released by the Bangladesh Bureau of Statistics (BBS).  The latest BBS data shows that food inflation dropped to 7.16 …

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Brent North Sea oil tops $90 as Iran-US deal hopes fade

The price of Brent North Sea crude, the main international oil contract, climbed above $90 on Tuesday as hopes that the United States and Iran reach a deal to end the war fade. Brent reached $90.02 a barrel, a gain of more than 2.5 percent from Monday, while the main …

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