All Finance

Classes of first batch of PhD course begin at BSMMU

Sheikh Hasina calls for appropriate response to anti-national propaganda

PM reaches Washington DC from New York

Would have used EVM in 300 seats if I could: EC Alamgir

Contractor GK Shamim, 7 others get life sentence in arms case

Prime Minister calls for American investment in Bangladesh

Dhaka, September 23: Prime Minister Sheikh Hasina has urged US investors to invest in various sectors, including renewable energy, shipbuilding, automobiles and pharmaceuticals, in Bangladesh. She also said that Bangladesh is pleased to offer a special economic zone for American businesses.

Dhaka-Phnom Penh ink FTA agreement to strengthen trade cooperation

Dhaka, September 23: Bangladesh and Cambodia have agreed to a free trade agreement (FTA) to expand the area of commercial cooperation between the two countries. It is going to be signed as the Prime Ministers of both the countries have agreed on this.

Bangladesh is likely to grow by 6.6 percent in the current fiscal year: ADB

Dhaka, September 21: The Asian Development Bank (ADB) has predicted a GDP growth of 6.6 percent for Bangladesh in the current financial year 2022-23.

ADB to provide $2 billion in loan assistance

Own Correspondent, Dhaka, Sept 21: Finance Minister AHM Mustafa Kamal said that the Asian Development Bank (ADB) will provide 2 billion dollar loan assistance for the current financial year. This loan is currently under process.

Demand for Bangladeshi garments increasing in India

Own Correspondent, Dhaka, Sept 17: There is a growing demand for Bangladeshi-made garments among Indians. According to Export Promotion Bureau (EPB) data, readymade garments worth 7 crore 69 lakh 80 thousand dollars were exported to India last July. In the next month of August, India bought garments worth 11 crore 13 lakh 10 thousand dollars from Bangladesh. Bangladesh's garment exports to India increased by 3 crore 43 lakh 30 thousand dollars in one month.

Prices of nine daily commodities to be fixed in a week

Dhaka, September 16: The government will determine the prices of nine essential products in the country's market. The new price will be determined in the next seven days in accordance with the world market. Commerce Minister Tipu Munshi told reporters at the National Press Club on Friday (September 16) morning.

Resilient Bangladesh economy is now attracting foreign players

Once called the bottomless basket to the world, Bangladesh economy has now come of age and shown its resilience.

Russian ambassador informed about the upheaval in ready-made garment sector

Own Correspondent, Dhaka, Sept 16: President of BGMEA Farooq Hasan paid a courtesy call on the Russian Ambassador to Bangladesh, Aleksandr Mantytsky.

Garment exports to Europe increased by 23%

Own Correspondent, Dhaka, Sept 16: In the first two months (July-August) of the current financial year, Bangladesh's exports of garment products to the European market have increased by 23 percent. Export Promotion Bureau (EPB) reported this on Thursday (September 15).

Saga of tax evasion by Chinese companies continues in Bangladesh

Dhaka, September 15: The saga of fraudulent activities of Chinese companies in Bangladesh (BD) does not seem to cease. The Chinese companies trading in Bangladesh have been continuously engaging in tax evasion and smuggling of items ranging from cigarettes, alcohol, among other items. The unscrupulous behaviour of Chinese companies is causing heavy loss to the exchequer of Bangladesh.

Banks will buy remittance dollars for Tk 108

Own Correspondent, Dhaka, Sept 12: The commercial banks have determined the maximum dollar price for the import, export, and remittance of the banks. From now on, if expatriates send remittances through banking channels in the country, the bank will pay a maximum of Tk 108 per dollar. If government incentives of Tk 2.50 are added, it will be Tk 110.50.

Bangladesh’s resilient economy attracts foreign players

Dhaka: Once called the bottomless basket to the world, Bangladesh's economy has now come of age and shown its resilience.

Bafeda, ABB likely to set uniform dollar rate on Sunday

Own Correspondent, Dhaka, Sept 9: There is a kind of competition between banks in buying remittances from expatriates. This situation has arisen recently due to dollar crisis in the country's market. In this case, the bank that can pay the highest price is the bank that gets the remittance. As a result, there is a kind of instability in the market. To solve this problem, the banks have recommended fixing the same price in the purchase of expatriate income or remittances.

Bangladesh receives India's offer of free transit facility for exporting goods to a third country

Own Correspondent, New Delhi, Sept 8: Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi have reiterated their firm commitment to further strengthen bilateral ties and India has offered Bangladesh free transit for exports of goods to a third country.

India's Adani Group wants to export electricity to Bangladesh in December

Dhaka, 7 September 2022 : India's top business conglomerate Adani Group has expressed its interest in supplying electricity to Bangladesh to solve the ongoing energy crisis.