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Dhaka, October 28: In the first quarter of the current financial year (July-September) the trade deficit stood at 2.039 billion dollars. The deficit is 1.80 billion dollars less than the same period last year. At the same time last year, the deficit was 3.84 billion dollars. The data was found in the Central Bank's Balance of Payments report on Tuesday (October 27) for the current July-September period of FY 2020-21.
Dhaka, October 26: The use of motorcycles is increasing everyday in the congested city of Dhaka. The number of legal motorcycles in the capital has increased by 268 percent in the last 10 years.
Sheikh Fazle Fahim, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has said that it is possible to further strengthen bilateral trade relations by working together with India.
Dhaka, October 24: Farmers have returned Tk 6,277.63 crore in the first three months of the current fiscal year (July-September), despite the market remaining bearish due to the ongoing Covid-19 pandemic, a report by Bangladesh Bank said.
Dhaka, October 23: Bangladesh Bank is going to introduce inter-operability system to reduce cash transactions and make mobile banking (Mobile Financial Services or MFS) services more popular in the country. The central bank has mentioned in a circular that it will be launched from October 27.
Dhaka, October 22: India has been requested to give at least one month's notice before stopping onion exports. Besides, Bangladesh wants to become self-sufficient in onion production within three years and reduce its dependence on India.
Dhaka, October 22: Besides gold bars, the central bank has allowed the import of gold ornaments to authorised dealers, who can now legally import gold ornaments. In this case, instructions have been given to follow the Gold Policy 2018.
Dhaka: The government has increased the price of per kg potato from Tk 30 to Tk 35 in the retail market.
Bangladesh wants to increase exports of multipurpose jute products to India in the future.
The Executive Committee of the National Economic Council (ECNEC) has approved four projects at a cost of Tk 1,079.29 crore.
Dhaka, October 16: The government wants to bring back the money smuggled to different parts of the world, including Swiss banks. Bringing this money back is quite complicated. The government is considering whether the same amount of money smuggled abroad can be confiscated from domestic sources.
Dhaka, October 16: Considering the impact of the epidemic, regional cooperation is now urgent. That is why Bangladesh and India want economic unity with the neighboring countries of South Asia. This information was given at the FICCI Leeds-2020 online conference with the participation of representatives of 100 countries to know the plans of world leaders on economic growth.
Dhaka, October 15: In terms of per capita GDP, Bangladesh has overtaken neighboring India in the 2020-2021 fiscal year, according to a World Economic Outlook (WEO) report of the International Monetary Fund (IMF).
Dhaka, 14 October: Fishing, sale, marketing, storage and transportation of hilsa will be banned for 22 days from October 14 till November 4, during the main breeding season of the fish.
Dhaka, October 13: In July-September quarter, the Bangladeshi capital market has performed the best in Asia, followed by Pakistan, according to a report by Asia Frontier Capital Limited.