All Finance

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

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

32 killed after boat capsizes on Karatoya river in Panchagarh

Shakib, Puja to work together again

Harijan community demands job stabilization and salary hike

Bangladesh imports 1000 tons of wheat from India within two days

Dhaka, August 26: In the last two days, 1,000 tonnes of wheat from India has arrived at the Akhaura land port in Brahmanbaria. One hundred tons of wheat was unloaded from the port on Thursday (August 25) from noon to evening. A company named Islam Agrobet Limited imported the wheat from India. M/s Khalifa Enterprise is doing customs clearing of Akhaura land port of wheat.

Rice prices to go down

Dhaka, August 25: The price of rice has already started to come down, the price will come down further when the nationwide OMS and food friendly program is launched on September 1. Food Minister Sadhan Chandra Majumder expressed this optimism in response to the questions of journalists after the high-level meeting of the government on food import at the Secretariat on Thursday (August 25).

Discussions going on about Bangladesh's oil import from Russia

Dhaka, August 24: Russia's ambassador in Dhaka, Aleksandr Mantytsky, said that his country has offered Bangladesh to import crude and refined oil, and Bangladesh has to decide in this case. Discussions are going on between the two countries. The ambassador said this at a round table discussion at the Russian Embassy in Dhaka on Wednesday (August 24).

World Bank praises Bangladesh's socio-economic development and women's empowerment

Dhaka, August 24: Outgoing World Bank Country Director Mercy Miyang Tembon praised the overall socio-economic development of Bangladesh, including the empowerment of women, under the leadership of Prime Minister Sheikh Hasina. She expressed this appreciation during the farewell meeting at Prime Minister Sheikh Hasina's official residence Ganabhaban on Wednesday.

UK will provide duty-free facilities to Bangladesh even after its transition from LDC

Own Correspondent, Dhaka, August 23: The British High Commissioner in Dhaka, Robert Chatterton Dickson, said that the United Kingdom will continue Bangladesh's duty-free market access even after it moved from the list of Least Developed Countries (LDCs) to developing countries.

Increasing remittances, decreasing imports stall dollar growth in Bangladesh

Dhaka, August 18: Recently, the central bank has given various conditions for the import of goods from abroad. As a result, the amount of imports is decreasing. On the other hand, the flow of expatriate income remittances increased the supply of dollars in the market. As a result, the US dollar, which has been increasing rapidly, is now walking in the opposite direction. The value of the dollar is decreasing, on the contrary, the value of the taka is increasing.

Government to buy 1.25 crore liters of soybean oil from the local market

Dhaka, August 17: The meeting of the Cabinet Committee on Public Procurement approved the proposal to purchase 1.25 crore liters of soybean oil in two separate lots. Two separate proposals of the Ministry of Commerce have been approved. On Wednesday (August 17) at noon, the meeting of the Cabinet Committee on Government Procurement was held virtually under the chairmanship of Finance Minister AHM Mustafa Kamal. After the meeting, Additional Secretary of the Cabinet Division Md. Abdul Barik gave details to the journalists.

If necessary, fuel will be bought in Russian currency: Prime Minister Hasina

Dhaka, August 16: Prime Minister Sheikh Hasina said that fuel oil will be bought in Russian Ruble if needed. The Prime Minister said this at the National Economic Council Executive Committee (ECNEC) meeting on Tuesday (August 16). The Prime Minister presided over the meeting through video conference from Ganobhaban and connected with the NEC conference room in Sherbangla Nagar of the capital. Planning Minister MA Mannan presented the Prime Minister's instructions to the media.

Dollars will be available at all bank branches

Own Correspondent, Dhaka, August 13: Bangladesh Bank has decided to do branch-to-branch dollar transactions in all banks of the country to reduce dependence on money exchange organizations.

Economies of India's neighbors in turmoil

Dhaka, August 8: The Ukraine war has created economic instability on the Indian subcontinent.

Many garment factories fear closure

Dhaka, August 7, 2022 : Due to the increase in the price of fuel oil, there has been instability in the transport sector.

Diesel price increase: Fishing boats are not going to sea

Dhaka, 7 August 2022 : Marine fish supplies a large part of the country's total demand.

Fuel: Supply short of demand, pump owners say there is no oil shortage

Dhaka, August 6: Losses of Bangladesh Petroleum Corporation (BPC) have increased due to increase in fuel oil prices in the international market. The government is scheduling load shedding to reduce the subsidy on power generation. In the meantime, there are many rumors about the country's oil crisis. Although the government has repeatedly said that it has oil reserves, the reality is different. A few days ago the notice that a certain amount of oil would be given at the pump created a rumor of oil shortage across the country. On the other hand, the fresh announcement of price hike has intensified the question of oil stocks.

It won't take time to take the economy to a place of pride: Finance Minister

Own Correspondent, Dhaka, August 4: Finance Minister AHM Mustafa Kamal said that it will not take much time to bring the country's economy back to a place of pride.

Inflation down to 7.48 percent in July

Dhaka, August 3: The rate of inflation was increasing uncontrollably. Prices of daily commodities including edible oil and wheat skyrocketed. Due to this, the inflation rate of food products increased significantly in the month of June.