Dhaka February 24, 2025, 6:05 am
Sri Lanka has paid back Bangladesh $50 million of loans, which is one fourth of the $200 million given by Dhaka in 2021
The AEM meeting endorsed a study on the Asean Digital Economy Framework Agreement (DEFA), paving the way for the 10 member countries to start negotiation on the pact
Sharifa Khan, Secretary, ERD, Ministry of Finance, and Edimon Ginting, Country Director (Bangladesh Resident Mission) of ADB signed the loan agreement on behalf of their respective side
Once all the plants are retired, it will save the government around Tk 2,250 crore per year
Foreign loans, once considered cheap, have now become a headache for the private sector due to an unprecedented slump in the taka’s value against the US dollar along with a jump in interest rates
Russia and Ukraine have long been the major sources of low-cost wheat imports for Bangladesh
The mega projects are the outcome of the government's bold steps
The amount of the disbursement is EUR 44.875 million (around BDT 525 crore) with the aim of advancing the country’s education reforms, in line with national and international commitments
As of current reports, the airline owes a staggering Tk 56 billion, including an original due of Tk 10.02 billion, and has failed to make the monthly payments it had promised since January 2022
The country has been grappling with an acute dollar shortage since the outbreak of the Russia-Ukraine war, leading to high import bills and rapidly depleting foreign currency reserves
Economists are viewing this rise in VAT collections as a positive trend for the economy, since the tax corresponds to common people's consumption
Finance Minister AHM Mustafa Kamal presided over the meeting
The Department of Social Welfare and the non-government organization Nari Unnayan Forum will collaborate to implement the scheme
He said this while addressing the "Energy Transition Ministerial Meeting" on the occasion of G-20 in Goa, India on Saturday
Despite falling global demand and an energy crisis, Bangladesh witnessed a 10 percent growth in RMG exports in FY23, with increased exports to new markets playing a significant role
Dilip Sawhney, regional vice-president at Rockwell Automation, shared these insights during his recent visit to Dhaka
The primary analysis of last fiscal’s ADP data suggest that ADP performance declined mainly because of more tightening grip on public expenditure
The Chittagong Hill Tracts is one of the regions in the country most vulnerable to climate and disaster risks. It also lacks access to basic services and opportunities
Bangladeshi expatriate workers are now enjoying the benefits of compulsory insurance schemes introduced by the government, thanks to an initiative taken by Prime Minister Sheikh Hasina
Asia and the Pacific continues to recover from the pandemic at a steady pace
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