All Finance

Omicron: England records 22 cases so far

Low pressure in Bay of Bengal likely to intensify: BMD

Amin Bazar murders: 13 receive death sentence, 19 given lifer

Bomb scare forces Malaysian Airlines flight to make emergency landing at Dhaka airport

Higher Secondary and equivalent exams from today

July remittance hits five-month low as country records inflow of USD 187 crore

Dhaka, August 3: In July this year, the remittances sent by the expatriates to the country were USD 187 crore 14 lakh 90 thousand or 1.87 billion US dollars, which is Tk 15,907 crore. In June, the country had received 6.93 crore dollars more.

Restoration of Haldibari-Chilahati rail link to boost trade and P2P connectivity between Bangladesh and India

Dhaka, August 2: India and Bangladesh have started regular operation of freight trains through the Haldibari - Chilahati Rail Route from August 1 (Sunday). Indian Railways dispatched the first freight train loaded with stones from Damdim Station of Northeast Frontier Railway to Bangladesh.

Export-oriented factories to open from tomorrow

Dhaka July 31: Export-oriented industries will be out of the ongoing lockdown from Sunday (August 1). A notification in this regard has been issued by the Cabinet Division on Friday (August 30). The decision came within a day of the traders' demands.

Bangladesh exports 52,000 tons of fertilizer to Nepal

Dhaka, July 30: Bangladesh is exporting fertilizer to Nepal for the first time. As part of this, 52,000 metric tons of urea fertilizer was sent to Nepal on Thursday. Nepal's Krishi Samagri Company Limited (KSCL) has confirmed this information.

ECNEC approves 10 projects including U-Loop-Underpass for Tk 2,575.42 crore

Dhaka, July 28: The Executive Committee of the National Economic Council (ECNEC) has approved 10 projects including construction of U-loop-underpass on Dhaka-Chittagong highway. The total cost for the implementation of the projects has been estimated at Tk 2,575.42 crore. Of this, Tk 2,150.42 crore will be available from government funds and Tk 425 crore will be taken as loans.

Containers from Chittagong port being moved to ICD to resolve congestion

Dhaka, July 26: Most of the country's industries are closed due to the ongoing lockdown (restrictions) announced by the government. As a result, the process of unloading imported containers at Chittagong port has slowed down at an alarming rate. As a result, the number of containers in the port is increasing. The Chittagong Port Authority has started various activities to resolve the congestion. Various business associations were pressured to expedite the release of goods as well as high-level guidance from the government for alternative measures.

Bangladesh's economy is moving forward with export and expatriate income: Asian Development Bank

Dhaka, July 24: According to predictions by the Asian Development Bank, Bangladesh's economic growth will continue even in the second wave of the coronavirus pandemic. The way in which the economy of this country overcame all obstacles during the first wave of the epidemic will continue in the days to come, the ADB said.

Eid: Cattle traders not getting desired price, return home with cows

Dhaka, July 21: Many traders have taken back the cows from different markets of the capital as they did not get the expected price. This time they are not getting the price at the last moment as the cows have already been sold. Traders have said they have sold cows at an average loss of Tk 5,000 to Tk 10,000 per cow.

Industries including garments will remain closed during lockdown

Dhaka, July 20: Apart from food, leather and pharmaceuticals, other industries, including garments, will remain closed for 14 days during the hard lockdown. A notification was issued by the Cabinet Division on Monday (July 19th) declaring the three sectors as non-restrictive.

Need to register to do business online, says Finance Ministry

Dhaka, July 19: To do business through various online platforms, including Facebook, the person/team will need to register by submitting a business plan. Commerce Ministry Secretary Tapan Kanti Ghosh told reporters after a meeting with stakeholders on e-commerce on Sunday (July 18).

Eid: Import and export at Benapole land port will be closed for 4 days from July 20

Dhaka, July 18: On the occasion of Eid-ul-Azha, import-export activities will be closed for four consecutive days at Benapole, the country's largest land port.

Government fixes price of raw hides of sacrificial animals

Dhaka, July 15: The government has fixed the price of raw hides of the sacrificial animals this time. Commerce Minister Tipu Munshi announced the price after a virtual meeting on Thursday (July 15th) at noon.

Will lose buyers if products are not delivered due to lockdown: BKMEA

Dhaka, July 15: On the occasion of Eid-ul-Azha, the ongoing restrictions in the country have been relaxed for eight days. The government has imposed strict restrictions for another 14 days after the relaxation. The factories will be closed from 8 am on July 23 to midnight on August 5. At the same time, all government, semi-government, autonomous and private offices will also be closed.

PM Hasina announces incentives worth Tk 3,200 crore for low-income people

Dhaka, July 14: Prime Minister Sheikh Hasina has announced five new incentive packages worth Tk 3,200 crore to help low-income people affected by the ongoing coronavirus infection. Prime Minister's Press Secretary Ihsanul Karim made the announcement on Tuesday (July 13).

Remittance inflows hit record high of $24.77 billion, 89 percent of total amount from 10 countries as USA overtakes

Dhaka, July 13: Expatriates have set a record by sending remittances even during the coronavirus pandemic. In the 2020-21 fiscal year, the country's expatriate income stood at USD 24.77 billion. Never before has so much remittances come to Bangladesh in a year. About 89 percent of the total remittances in this financial year came from 10 countries. This was also the first time that the USA overtook UAE in expatriate remittance.