All Finance

Severity of floods increasing in Sylhet

Three sentenced to death for crimes against humanity during Liberation War

Abdul Gaffar Chowdhury dies, aged 88

India has not stopped wheat exports: Commerce Minister

US keen to build effective relations with Bangladesh

Bangladesh Finance Minister feels COVID-19 will not create much harm in this wave

Dhaka, Jan 23, 2022: Finance Minister AHM Mustafa Kamal has said that the government is ready to meet all the challenges in the prevention of corona infection.

Shakib's dream to emerge as bank owner doesn't come true

Own Correspondent, Dhaka, January 21:�US expatriate Abul Kashem's People's Bank did not get approval even after a long wait.

Registration to be launched next month to restore trust in E-Commerce

Own Correspondent, Dhaka, January 20:�To bring stability in the E-Commerce sector, the registration process through Unique Business ID (UBID) will be launched next month.

Bangladesh-India trade almost doubled in a year: Doraiswami

Own Correspondent, Dhaka, January 19: Indian High Commissioner to Dhaka, Vikram Kumar Doraiswamy, said in a courtesy call on FBCCI President Md. Jasim Uddin at Motijheel Federation Bhaban on Tuesday that the bilateral trade between Bangladesh and India has almost doubled in the last one year. He also mentioned that there is an opportunity to further increase trade between the two countries.

Bangladesh's garment exports to the United States have increased by 46 percent

Dhaka: Bangladesh has once again turned to exporting garments to major markets of different countries of the world.

Bangladesh economy will touch the milestone of 1.5 trillion dollars in 2026

Own Correspondent, Dhaka, January 15: Bangladesh's export trade is in full swing. The growth of the garment sector in particular is promising, and under its leadership the export sector has turned around. With this, the domestic demand has also increased. This is due to increase in labour income and remittances. The International Monetary Fund (IMF) has projected that the size of the country's economy has crossed the trillion-dollar mark for the first time this month, mainly on the basis of purchasing power parity (PPP). Exactly four years later, in 2026, the IMF expects Bangladesh's economy to reach 1.5 trillion US dollars. One billion is equal to 100 crore and one trillion is one thousand billion.

Bangladesh best in the world in terms of growth: Reports

Dhaka, January 14: The impact of the coronavirus pandemic has slowed global economic growth. A new variant of the coronavirus is going to put global growth at risk in the coming days due to the upward transmission of Omicron. Growth will slow further by 2023. However, Bangladesh will be the best in the world to achieve growth at this time.

Bangladesh proposes free trade agreement with 5 countries including Russia

Dhaka, January 11: Bangladesh has sent a formal proposal for a free trade agreement (FTA) to the Eurasian Economic Union (EEU). If the proposal is adopted, it is hoped that duty-free trade will be available in the five allied countries, including Russia. Bangladesh made the proposal last week after receiving a green signal from the Eurasian Economic Commission (EEC), the EEU's economic and policy-making body.

After 33 years, the agreement with Pakistan canceled

Own Correspondent, Dhaka, January 7: Pakistan has not delivered two container ships even though 33 years have passed since an agreement was signed. So the cabinet canceled the agreement with Pakistan. A meeting of the virtual cabinet chaired by Prime Minister Sheikh Hasina on Thursday (January 6) approved a proposal to overturn a cabinet decision to purchase two container ships for the Bangladesh Shipping Corporation (BSC) from Pakistan.

More trials required to commence transit with India: State Minister for Shipping

Own representative, Dhaka, January 3: State Minister for Shipping Khalid Mahmud Chowdhury has said a few more trials are needed to launch Bangladesh's transit with India. He made the remarks while speaking to reporters after inaugurating the Tugboat Kandari-6 and various other projects attached to the fleet of Chittagong port on Sunday (January 2).

Bangladesh garment exports rise 53 percent

Own representative, Dhaka, January 3: The global economy came to a standstill due to the Covid-19 pandemic. This also hit the garment industry. The export order had been stopped at the beginning of the pandemic. However, the orders started coming again after a while. As a result, exports in this sector have increased by about 53 percent in one year.

Ramgarh Land Port: Trade with Northeastern states of India will increase

Own representative, Dhaka, January 2: The historic Ramgarh in Khagrachhari, a subdivisional town in the Chittagong Hill Tracts, was hidden for many years, but it has been attracting the attention of the people of the country for the past few years. Because, Bangladesh-India communication zone- Ramgarh Land Port is being constructed in Ramgarh upazila.

Bangladesh continues to record high GDP growth

Own representative, Dhaka, January 1: The growth of Gross Domestic Product (GDP) in many countries has slowed down due to the corona pandemic. In some countries, the GDP has shrunk. But, in this time of crisis, the main indicators of the economy, including the expansion of exports and revenue, the booming capital markets and the foreign exchange reserves, have returned to positive trends and Bangladesh has been able to keep the GDP growth high in 2021. At the same time, due to revitalization of the agricultural sector and the creation of new employment opportunities during the corona period, the Covid situation has been successfully tackled.

Foreign debt rising, $50 billion in pipeline, more $161 billion pledged

Own representative, Dhaka, December 31: Russia is lending a total of 11.385 billion dollars to Bangladesh for the construction of Rooppur Nuclear Power Plant. Three billion dollars have already been spent. More than eight billion dollars are left to spend. There is currently 50.36 billion USD in the pipeline for various development projects. Considering 85 rupees per dollar, the amount in Bangladeshi currency is 4 lakh 26 thousand 133 crore rupees. The pipeline has almost the same amount of money in the current financial year.

Bangladesh will be a rich country in 2040

Own representative, Dhaka, December 31: Bangladesh will be a rich country by 2040 in the way the country is moving towards development, said Bangladesh Progressive Columnist Forum's President, Dr. Mizanur Rahman.