All Finance
Holy Shab-e-Qadr today
Soon the situation in Chittagong Hill Tracts will be calm: Obaidul Quader
KNF attack to loot money and show capability: RAB
Kidnapped manager of Sonali Bank returns to his family
Home Minister to visit Bandarban tomorrow to inspect situation
Many Japanese companies interested in investing in Bangladesh
Dhaka, Sept 6: A delegation of Japan said that many Japanese companies are interested in investing in Bangladesh. In response, Prime Minister Sheikh Hasina said, if Japan wants, they will be allotted more space in the Bangladesh Export Processing Zone (EPZ) for setting up industries.
Tk 300 crores of 10 companies were smuggled under the guise of garment export
Own Correspondent, Dhaka, 4 September 2023: Customs Intelligence and Investigation Directorate has found preliminary evidence of smuggling of 3 crore 53 lakh 66 thousand 918 USD against 10 exporters of Dhaka and Gazipur under the guise of exporting ready-made garments. The amount of money in Bangladeshi currency is about Tk 300 crores.
Germany will provide €191m for sustainable development of Bangladesh
Dhaka, Sept 4: Germany will provide 191 million euros to Bangladesh in the form of technical cooperation and financial cooperation for sustainable development projects and women's empowerment.
Indefinite strike of fuel traders begins
Dhaka, 3 September 2023 : Fuel oil traders are on strike for an indefinite period by stopping the extraction and transportation of oil from depots for three-point demand including increase in commission on sales.
Sri Lanka returns another $10 cr to Bangladesh
Dhaka, Sept 2: Bangladesh lent 20 crore dollars to the neighbouring country Sri Lanka from the foreign exchange reserves of the central bank. Sri Lanka is paying 10 crore (100 million) US dollars of that loan. Earlier, the country had returned 5 crore (50 million) dollars. In total, the country has paid 15 crore (150 million) US dollars.
Production cost in Bangladesh almost half compared to Japan
Dhaka, Sept 1: There is some dissatisfaction with the business environment among Japanese companies doing business in Bangladesh. Still they are interested in expanding business in Bangladesh. About 72 percent of Japanese companies feel that the business environment in Bangladesh is somewhat uncomfortable. But the cost of doing business here is very low. About 26.2 percent of Japanese companies are completely dissatisfied with the business environment in Bangladesh. About 45 percent of companies are somewhat dissatisfied.
Prime Minister emphasizes on reining in inflation
Dhaka, August 30: Prime Minister Sheikh Hasina has given various directives to rein in inflation in the country through various efforts and government policies along with curbing unnecessary expenditure and wastage of government funds.
Bangladesh will consider Maersk's proposal to build a new container terminal in Chittagong: PM Hasina
Own Correspondent, Dhaka, 28 August 2023: Prime Minister Sheikh Hasina said the concerned authorities of Bangladesh will consider the proposal of Danish shipping and logistics giant Maersk Group to build and operate a new container terminal at Laldia in Chittagong.
India is increasing the duty on onions, the impact will increase in Bangladesh
Own Correspondent, Dhaka, 26 August 2023: Government of India is going to increase the duty again in the case of onion export. However, it is not yet known how much the new tariff will be. Indian businessmen told the importers of Bangladesh on mobile phones. The businessmen of Bangladesh believe that imposing new tariffs before the week of 40 percent tariff will affect the import of goods.
Commerce Min calls for speedy implementation of process of daily commodities' supply to India
Dhaka, August 26: Commerce Minister Tipu Munshi has urged the Indian government to speed up the implementation of the proposed process to supply essential goods from India to Bangladesh. He made this call to the country in a bilateral meeting with Indian Commerce Minister Piyush Goyal on the sidelines ahead of the G-20 Trade and Investment Ministers' meeting held in Jaipur, India on Friday.
PM wants to build a trillion dollar economy Bangladesh
Johannesburg, August 24: Prime Minister Sheikh Hasina expressed her desire to make Bangladesh a trillion dollar economy by 2041. As part of this, she called on South African investors to invest heavily in the ICT, infrastructure, textile and tourism sectors.
Bangladesh Bank's profit increases by 82%
Dhaka, August 23: The hike in the price of the dollar and the rise in government debt has also increased the profit of Bangladesh Bank. In the recently concluded fiscal year 2022-2023, Bangladesh Bank has made a net profit of Tk 10,748 crore. Of this, Tk 10,652 crore has been deposited in the government treasury. The Board of Directors of Bangladesh Bank has approved this account on Tuesday.
Bangladesh gets back $5 cr of loan given to Sri Lanka
Dhaka, August 22: Bangladesh gave a loan of 200 million or 20 crore dollars to Sri Lanka. Bangladesh got back 50 million dollars or 5 crore dollars out of that loan. Sri Lanka returned this money on Monday. Another $50 million is due to be returned on August 30.
Bangladesh's capital market is as promising as India and Vietnam
Own Correspondent, Dhaka, 18 August 2023: Bangladesh's capital market has potential like that of India and Vietnam, where the attention of international investors is desirable, says multinational banking services provider HSBC Holding Plc.
Bangladesh's GDP increases 4.5 times in last 14 years
Dhaka, August 16: In 14 years, the country's GDP has increased four and a half times. Finance Minister AHM Mustafa Kamal said this at the National Mourning Day discussion at the district Awami League party office in Comilla city on Tuesday.