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
Reserve again crosses $30 billion mark
Dhaka, May 12: Bangladesh has received 507 million dollars as budget loan assistance from the World Bank. This money is added to the reserve. As a result, the country's reserves have risen above 30 billion dollars. Two days ago, the reserve was $29 billion after paying import charges.
Lowest reserves in 7 years
Dhaka, May 9: Due to Russia-Ukraine war situation, the country is facing dollar crisis. At this time, Bangladesh Bank took various initiatives to save dollars. However, the pressure on reserves is not easing. Instead, dollars are constantly being supplied to the market from the reserves to pay the import bill.
Bhutan wants transit, Sheikh Hasina will talk with India
London, May 9: Bhutan wants direct transit with Bangladesh via India. In a meeting with Prime Minister Sheikh Hasina, King of the country Jigme Khesar Namgyel Wangchuck proposed to get transit. Sheikh Hasina welcomed the proposal of the King of Bhutan. She also assured the King of Bhutan that she would talk to India about this if necessary.
Tony Blair praises Bangladesh's unprecedented economic progress
London, May 8: Former UK Prime Minister Tony Blair praised the unprecedented economic progress of Bangladesh under the dynamic leadership of Prime Minister Sheikh Hasina. At the same time, he expressed his desire to help the further development of Bangladesh.
Bangladesh to benefit from ADB's $100 billion financing in the climate sector
Dhaka, May 5: The world is warming faster than it has since pre-industrial times. Asian countries account for nearly half of the world's carbon emissions. The Asian Development Bank (ADB) is ambitious to target USD 100 billion in climate finance between 2023 and 2030. Currently ADB has 68 member countries. Of these, 48 are located in Asia and the Pacific. The remaining 19 countries are outside these two regions. The organization will finance 100 billion US dollars in these countries. Bangladesh will also get loans under the project from this financing.
Inflation slightly decreases to 9.24% in April
Dhaka, May 4: Inflation in the country rose again in February after five consecutive months of decline. Inflation rose further in the following month, March. According to the latest Bangladesh Bureau of Statistics (BBS) estimates, headline inflation rose to 8.78 percent in February. Inflation rate rose again to 9.33 percent in March. In the last month of April, the price inflation decreased slightly. In the month of April, the overall or general inflation rate stood at 9.24 percent. As a result, inflation has decreased by 0.09 percent in April compared to March.
Export of Bangladeshi products to India will increase by 300% with improved connectivity
Dhaka, May 3: Pranay Verma, the Indian High Commissioner posted in Dhaka, said, "Improved and uninterrupted connectivity can increase the export of Bangladeshi products to India by 300 percent."
World Bank to give $2.5 billion to Bangladesh in 5 projects
Dhaka, May 2: The World Bank will finance two and a half billion dollars for the implementation of five projects in Bangladesh. An agreement has also been signed in this regard.
Sheikh Hasina's leadership is needed for prosperity: IMF chief
Dhaka, May 1: International Monetary Fund (IMF) Managing Director Kristalina Georgieva, praising the unprecedented development of Bangladesh, said that Bangladesh needs a leader like Prime Minister Sheikh Hasina to take the country forward on the road to prosperity by facing all obstacles.
Bangladesh has taken IMF loan for some relief: PM
Dhaka, April 30: Prime Minister Sheikh Hasina said Bangladesh has taken a loan from the International Monetary Fund (IMF) for some relief. The global lender has assured to continue such cooperation in the future.
World Bank approves $125 cr loan to Bangladesh
Dhaka, April 29: The Board of Directors of the World Bank has approved a loan of 125 crore dollars for three projects to support environmentally friendly and sustainable development of Bangladesh.
Free trade agreement is under discussion with 11 countries: Sheikh Hasina
Dhaka, April 26: Bangladesh is negotiating with 11 countries regarding free trade agreements. Recently Prime Minister Sheikh Hasina gave this information in a special interview given to Nikkei Asia, an influential Japanese media. Bangladesh has been getting preferential tariff concessions in the export of goods to several countries of the world until now, however, that period will expire in the next three years.
Bangladesh partners with ADB for Metrorail projects
Dhaka, April 20: Metrorail means Japan - the government is coming out of this trend. As a single country, three metrorails are under the credit of Japan, reducing the bargaining power with them. The government has to accept the cost that the country is taking. For this reason, the government has decided to go to an alternative route outside of Japan to increase competition. So this time the Asian Development Bank (ADB) will finance the Metrorail Line-5 project. Compared to Japan, taking a loan from ADB will also cost less for metro rail. This information is known from related sources.
India's Tata returns to Dhaka with Taj Hotel
Dhaka, April 20: India's Tata Industrial Group had to go back about a decade and a half ago despite coming up with a proposal to invest 3 billion dollars in Bangladesh. But the Tatas are coming back to Bangladesh with the help of the international hotel brand 'Taj'.
Padma Setu cost revision proposal approved in ECNEC meeting
Dhaka, April 19: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved an amendment proposal to increase the construction cost of the Padma multi-purpose bridge at a cost of Tk 2412.13 crore and extended the project's deadline to June 2024.