Inflation inches up further
Economic Reporter
Inflation rose for the third consecutive month in Bangladesh and hit 5.59 per cent in September thanks to the increasing food and non-food inflation.
In August, it was 5.54 per cent, according to data from the Bangladesh Bureau of Statistics (BBS).
Non-food inflation rose by 6 basis points from the previous month to 6.19 per cent in September while food inflation rose by 5 basis points to 5.21 per cent.
The impact of rising trend of inflation would directly fall to the shoulders of the lower income people, which have been facing reduced incomes since the start of the pandemic.
Prices of almost all kinds of rice, egg, wheat, garlic, onion, ginger, and turmeric went up in September, the BBS said.
ICMAB team meets with BSEC chief
Business Desk
A delegation of ICMAB led by its President Abu Bakar Siddique FCMA met Prof Dr Shibli Rubaiyat-ul Islam, Chairman of Bangladesh Securities and Exchange Commission (BSEC) at his office on Thursday and discussed matters related to professional interest.
The ICMAB President apprised the Chairman regarding the present status and activities of the Institute and sought all-out support from the Government for its further and rapid development, said a press release.
The Chairman highly appreciated the role of the professional accountants in the economic development of the country and assured to provide full co-operation for the development of CMA profession.
Tamim becomes Nagad’s brand ambassador
Business Desk
Tamim Iqbal, the captain of the One Day International cricket team of Bangladesh, and the best opener in the history of the country has become the brand ambassador of Nagad, the world’s fastest-growing mobile financial service.
According to a press release, Tamim will take part in various promotions of the company and act as a brand ambassador under the contract with the mobile financial service of the Bangladesh Post Office.
Marking the announcement of appointing one of the best cricketers in the world as the brand ambassador, Nagad also announced an interesting campaign for its customers targeting the T20 World Cup.
From now on, customers of Nagad will be able to win a motorbike every day by doing cash-in or adding money, carrying out mobile recharge and taking part in the T20 quiz.
