Dhaka February 24, 2025, 3:13 am
State-owned banks mostly use dollars for government imports. But the government does not pay higher than the official rates. So these banks are unable to buy dollars at higher prices, unlike the private ones
Country’s inflation increased to 9.93% in October from 9.63% in September
This offshore wind project in particular presents a unique opportunity for the country to maximize the utilisation of its coastal resources, supporting the development of the ‘Blue Economy'
The TakaPay card is being issued by state-owned Sonali Bank alongside private sector's City Bank and BRAC Bank in collaboration with the Bangladesh Bank
The initiative aims to ensure optimal prenatal nutrition and early childhood care through effective implementation
The awards recognize and celebrate organizations that demonstrate transparency, accountability, and adherence to international reporting standards in their annual reports
Increasingly fragile political stability does not bode well for the revival of investment needed to accelerate growth. An immediate hindrance to the acceleration of growth is the unprecedented political complexity that Bangla
ADB’s support will develop water treatment plants with a total capacity of 44 million liters per day in Bandarban, Lama, and Rangamati pourashavas (towns), as well as transmission lines and distribution networks to connect to
This change aims to improve the formulation and execution of an effective monetary policy
World Bank country director said this at a luncheon meeting of the American Chamber of Commerce in Bangladesh (AmCham) at the Sheraton Dhaka in the capital
Country's foreign exchange reserves have been falling for more than a year due to higher import payments and lower than expected export earnings and remittance inflows
Despite taking various steps, the country is not getting the expected remittances through legal channels and banks
After a meeting with a mission of the lender, the Central Bank Executive Director and Spokesperson Mezbaul Haque confirmed the matter
Bangladesh has committed to keep the reserves at $18.4 billion at the end of December this year, and at $20 billion at the end of June next year
Among the total deposits in the banking sector, the amount of demand deposits decreased by Tk 13,341 crore to Tk 1,86,632 crore in July-August of FY24, compared to the previous FY
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that the plan has already been finalized based on the indexing formula used by the global oil companies
Maria Fernanda Garza, chair of the International Chamber of Commerce (ICC) made the remarks at the ICC Bangladesh Reception held at the Hotel Westin in Dhaka on 16 October. Garza’s visit to Bangladesh revolved around discussi
NBR will receive income tax returns from November 1 to 30 in a grand and festive atmosphere at tax zone areas
Will boost connectivity, industrialisation, tourism
Although there was increase in the export earnings from RMG during this period, but the number of orders has dropped side by side the production cost coupled with the utility bills have increased
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