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

Sheikh Hasina urges Indian industrialists to invest in Bangladesh

New Delhi: Prime Minister Sheikh Hasina Tuesday urged Indian industrialists to invest in Bangladesh, saying Dhaka has the most liberal ecosystem for investment in infrastructure, manufacturing, energy, and transport sectors.

India, Bangladesh to soon ink CEPA: Narendra Modi

Dhaka, September 6: Negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between India and Bangladesh will begin soon to strengthen trade relations between the two countries. Indian Prime Minister Narendra Modi said this in a joint statement after a bilateral meeting with Prime Minister Sheikh Hasina at 'Hyderabad House' in New Delhi on Tuesday (September 6) afternoon.

Bangladesh is India's biggest development and trade partner in the region: Indian PM Narendra Modi

New Delhi: India and Bangladesh will soon initiate talks on a bilateral economic comprehensive partnership agreement, Indian Prime Minister Narendra Modi said Tuesday (Sept 6) as both countries held talks to review and strengthen the relationship here.

Bangladesh will not face Sri Lanka-type economic crisis, assures PM Sheikh Hasina

Dhaka: Rejecting concerns that Bangladesh could go the Sri Lanka way, Prime Minister Sheikh Hasina on Sunday said that despite the Covid-19 onslaught and the Russia-Ukraine conflict, her country's economy continued to be in robust shape and that her regime exercised a high level of diligence when taking any loans.

PRAN-RFL Group receives 'Enterprise of the Year' award

Own Correspondent, Dhaka, Sept 3: PRAN-RFL Group, one of the leading industrial groups in the country, has been awarded in the 'Enterprise of the Year' category for its contribution to food and agro-processing, business diversification, and exports.

Remittances crosses 2 billion dollars in August as well

Dhaka, September 2: The benefits of various concessions and benefits given by the government to increase expatriate income or remittance flow are coming together. In the first two months of the current financial year, expatriates have sent more than 2 billion dollars in remittances. In the recently concluded month of August, remittances of 203 crore 78 lakh (2.03 billion) US dollars have arrived. In local currency (at 95 taka per dollar) which amounts to 19 thousand 359 crore taka.

Price of the dollar falls in open market

Own Correspondent, Dhaka, Sept 2: Recently, the country has faced a dollar crisis. Various initiatives have been taken by the government and Bangladesh Bank to overcome this crisis. Dollars are released into the market almost every day from the foreign exchange reserves of the central bank. This has also put a strain on the reserves. Reserves have now fallen below USD 40 billion.

Bangladesh Bank directs people to sell foreign currency by Sept 30 if they have more than $10,000

Own Correspondent, Dhaka, Sept 1: The central bank has ordered the sale of more than 10,000 unauthorized dollars or equivalent foreign currency brought by expatriates by September 30. That is, expatriates who have brought more than 10,000 dollars or foreign currency with them when coming to the country must sell it to an authorized dealer bank or a licensed money changer by September 30. Otherwise, legal action will be taken.

Government to import 5 lakh tons of wheat from Russia

Dhaka, September 1: Through the Ministry of Food, the government will import 500,000 tons of wheat from Russia at the G2G level at a cost of 21.5 crore US dollars (2,042.5 crore taka). Simultaneously, 300,000 tons of parboiled and parboiled rice will be imported from India and Vietnam. On Wednesday (August 31) noon, Finance Minister AHM Mustafa Kamal chaired the Cabinet Committee on Government Procurement held virtually and approved three separate proposals in this regard.

Country's economy is not in crisis, it is under pressure: Economist Debapriya Bhattacharya

Own Correspondent, Dhaka, August 31: Dr. Debapriya Bhattacharya, Honorary Fellow and Economist of the private research organization Center for Policy Dialogue (CPD), said that the country's economy is not in crisis, but it is under pressure.

Container depot handling charges reduced by 5%

Own Correspondent, Dhaka, August 31: Bangladesh Inland Container Depots Association (BICDA), an organization of private inland container owners, has reduced the container handling charges of 19 private ICDs (Inland Container Depots) in the country.

Bangladesh imports 2,450 metric tons of wheat from India

Dhaka, August 30: Bangladesh has imported 2,450 metric tons of LC wheat from India by train. The shipment is being unloaded at Jaipurhat station since two days. Joypurhat Station Master Md. Habibur Rahman said this.

Nine Indian companies want to invest Tk 800 cr in Bangladesh

Own Correspondent, Dhaka, August 29: Nine Indian companies want to invest Tk 800 crore in Bangladesh. In this regard, they are interested in investing in consumer goods, transportation, tourism, and energy sectors. Already initial agreements have been signed with the companies and an investment agreement of Tk 300 crore has been signed with Bangladesh's Nitol Group.

Tk 16,429 cr remittance received in first 25 days of August

Own Correspondent, Dhaka, August 29: Remittances have returned to a positive trend amid the dollar crisis. Mainly due to various benefits, legitimate channels are responding to expatriate income.

Bangladesh becoming victim of world economic crisis: Prominent newspaper

Dhaka, 28 August 2022 : The 160 million people of Bangladesh, along with most of its South Asian neighbors, are currently suffering from high fuel and food prices due to the Covid-19 pandemic and the Russia-Ukraine war.