All Finance
Fanciful statements by celebrities can mislead people: EC
Shahjahan Omar is not an intruder: Obaidul Quader
Chittagong Hill Tract Peace Treaty is a rare event in world history: Prime Minister
Earthquake strikes several districts including Dhaka
India has taken a stand against people in parliamentary elections: BNP
People avail bus to see the elevated expressway
Own Correspondent, Dhaka, 18 September 2023: Public transport, except private cars, has not responded much to the use of the elevated expressway. Then the Bangladesh Road Transport Authority (BRTC) decided to operate buses on the elevated expressway. BRTC bus service started on elevated expressway on Monday.
Bangladesh to import 4 crore eggs from India
Own correspondent, Dhaka, 18 September 2023: 4 crore eggs coming from India under market control. The Ministry of Commerce has given permission to four companies to import. An official of the Ministry of Commerce said this on Monday (September 18).
Garment export to Europe-America market has increased
Own Correspondent, Dhaka, 13 September 2023: Exports of manufactured garments from Bangladesh have increased in Europe and America during July-August. It has increased by 11.81 percent compared to the same period of last financial year. In terms of money, which has increased from about 3.44 billion US dollars to 3.85 billion dollars. At the same time, garment exports to the United Kingdom and the United States also increased.
MTFE: With the help of Interpol, efforts are underway to bring back the fraudster Masud
Own Correspondent, Dhaka, 13 September 2023: Metaverse Foreign Exchange Group (MTFE) is a Dubai-based app that has lured thousands of people with the lure of becoming millionaires in the blink of an eye with little investment. Based in Dubai and Canada, MTFE had operations in different countries of the world. Its founder is Masud Al Islam. In a strategy, Masud created a fraud trap by creating separate apps with the same name for South Asia, including Bangladesh. All the investors in this digital app are victims of fraud by Masud and his associates.
19 projects sanctioned in ECNEC
Own Correspondent, Dhaka, 13 September 2023: Nineteen projects have been approved in the meeting of the Executive Committee of the National Economic Council (ECNEC). A meeting was held at the NEC conference room in Sher Bangla Nagar of the capital on Tuesday. ECNEC Chairperson and Prime Minister Sheikh Hasina presided over the meeting. After the meeting, Planning Minister MA Mannan and State Minister for Planning Dr. Shamsul Alam gave details to the reporters.
Inflation will come under control soon: Finance Minister in Parliament
Dhaka, Sept 12: Finance Minister AHM Mustafa Kamal has expressed hope that inflation will be brought under control soon. He said this in a written reply to the question of the ruling party member Mumtaz Begum during the question and answer session of the National Parliament session on Monday.
Myanmar has banned the export of food products to Bangladesh through Maungdaw
Own Correspondent, Dhaka, 10 September 2023: The junta government of the country has banned the export of various types of food products to Bangladesh through Maungdaw, Rakhine state of Myanmar. The Southeast Asian country took this step after Sonali Bank of Bangladesh decided to freeze the assets of two major banks in Myanmar.
Bangladesh to export Hilsa to India during Durga Puja
Own Correspondent, Dhaka, 8 September 2023: Ministry of Commerce is allowing export of hilsa to India like other years on the occasion of upcoming Durga Puja. Already, about a hundred companies have applied for permission to export hilsa.
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.