Dhaka February 24, 2025, 3:34 pm
Despite facing external economic shocks that have led to a dollar crisis, Bangladesh's export earnings and foreign remittances increased in the first month of 2023
The LDC5 is a once-in-a-decade opportunity to accelerate sustainable development in the places where international assistance is needed the most - and to tap the full potential of the Least Developed Countries (LDCs) helping
As the summer approaches, the country may experience increased load shedding as fuel imports for electricity generation have dropped significantly due to the dollar crisis and delays in opening letter of credit (LCs)
A number of new factors, such as inadequate infrastructure, inflation and foreign currency instability, global factors, and lack of sufficient long-term planning have also emerged as concerns
The main reason behind slow ADP implementation is the economic crisis created by the Russia-Ukraine war and other global issues. For this reason, some project allocations have been kept suspended after categorizing ADP projec
The OTI, currently known as OQ Trading, responded positively to a request by state-run Petrobangla for quitting the demurrage claim
To avoid dependency on the country's sugar and soybean refiners, the government has initiated move to procure soybean and sugar directly from Brazil and Argentina for TCB's rationing programme
With this new funding, USAID will work with the United Nations’ World Food Programme (WFP) to provide critically needed food and nutrition assistance, infrastructure maintenance, disaster risk reduction and logistics support
Painting a gloomy and uncertain economic outlook, the UN Department of Economic and Social Affairs said the current global economic slowdown “cuts across both developed and developing countries, with many facing risks of rece
The import of luxury goods has not stopped despite dollar crisis in the country. A significant amount of hard-earned foreign currency, specifically US dollars, is being spent unnecessarily
The sector is passing through a hard time due to higher non-performing loans, lack of good governance and serious corruption in the management of the respective banks
According to bankers and researchers, the monetary policy lacks clear measures to stabilize the volatile dollar market and address increasing pressure on foreign currency reserves
Finance Minister AHM Mustafa Kamal moved the bill and it was passed by voice vote
Bangladesh’s development and growth trajectory is an inspiration for many countries
Finance Minister AHM Mustafa Kamal divulged the amount in parliament on Tuesday responding to a tabled question from ruling Awami League MP Shahiduzzaman Sarker
The accounts of these 124 identified organisations have been seized from July to December last year
World Bank managing director Alex van Trotsenburg said this while addressing a press conference on his visit to Bangladesh marking the 50 years partnership between the World Bank and Bangladesh at the Bangabandhu Internationa
Kamal said this while speaking as the chief guest as the World Bank and Bangladesh celebrated its 50 years of partnership at the Bangabandhu International Conference Center (BICC) in the capital on Sunday
The Payra power plant needs to import 3 lakh metric tonnes of coal every month to operate the plant in full swing
Expert opined that if more tariffs are imposed on foreign fruit imports, the traders will be discouraged to bring fruits from abroad and it will help increase the demand for local fruits
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