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
Onion price decreases by Tk 40 per kg due to the supply of new varieties
Dhaka, December 12: According to market sources, the price of onion decreased by Tk 40 per kg on Monday due to the arrival of newly produced Murikata and summer varieties of onion in the market.
India stops onion export till March
Own Correspondent, Dhaka, 8 December 2023: India has announced stoppage of onion export in order to control the price of onion in the domestic market. The ban will remain in force till March 2024. The Times of India reported this information in a report on Friday, December 8, quoting the Indian news agency PTI.
Bangladesh will not buy products from countries if put in sanctions list: Quader
Own Correspondent, Dhaka, 8 December 2023: Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader has said that Bangladesh will not buy any products from those countries that impose sanctions. He said this at a press conference at the Dhanmondi political office of the Awami League president on Thursday.
PCT management agreement will help boost Saudi investment in Bangladesh: PM
Dhaka, Dec 7: Prime Minister Sheikh Hasina has said that the 'concession agreement' between Chittagong Port Authority (CPA) and Saudi Arabian company Red Sea Gateway Terminal (RSGT) for the operation of Patenga Container Terminal (PCT) will be more helpful in increasing Saudi investment in Bangladesh.
Agreement signed with Saudi Arabia regarding Patenga container terminal operation
Dhaka, Dec 7: Chittagong Port Authority (CPA) has signed a 'Concession Agreement' with Saudi Arabian company 'Red Sea Gateway Terminal (RSGT)' to operate the newly constructed Patenga Container Terminal for the next 22 years on PPP-G2G basis.
Inflation falls to 9.49% before election
Dhaka, Dec 5: The voting for the 12th National Parliament election will be held on January 7. Before that, the heat of inflation has decreased a bit. In a span of one month, the general inflation rate has decreased by 44.4 percent. Inflation eased slightly to 9.49 percent in November. It was 9.93 percent in the previous month of October. In addition, in October, the food price inflation was 12.56 percent, in November it came down to 10.76 percent.
Tk 21,181 cr came in remittance in November
Dhaka, Dec 4: At the end of the recent month of November, 193 crore dollars or 1.93 billion dollars came to the country in remittance, which is Tk 21,181 crore 75 lakh in Bangladesh currency (USD 1=Tk 109.75). This information has been shared in the latest report of Bangladesh Bank.
Central Bank's protest over the reserve account
Own Correspondent, Dhaka, 30 November 2023: Bangladesh Bank has protested over a report on the front page of a national daily titled 'Usable reserves fall below $16 billion' on Tuesday.
ADB giving billions of dollars in five projects
Dhaka, Nov 29: The Economic Relations Department (ERD) of the government has signed a billion dollar loan agreement with the Asian Development Bank (ADB) for five development projects in Bangladesh.
Usable reserves fall below $16 billion
Dhaka, Nov 28: Dollar crisis began in the country after the the Russia-Ukraine war started. The crisis is not over yet. Bangladesh's reserves are falling day by day due to the dollar crisis. Bangladesh Bank released an account of reserves last week. Usable reserve is much lower than that.
Remittances are raising hope in November
Own correspondent, Dhaka, 21 November 2023: The instability of the dollar market is gradually increasing. Dollars are not available in banks and money changers at fixed rates. In particular, all previous records were broken for dollar sales in the open market. The dollar crisis has led to a tightening of imports.
PM asks for larger foreign investment in Bangladesh
Dhaka, Nov 20: Seeking more foreign investment in Bangladesh, Prime Minister Sheikh Hasina said her government is taking all possible measures to attract greater foreign investment.
Tk 12,500 minimum wages for garment workers published in draft gazette
Dhaka, Nov 13: The draft gazette has been published fixing the minimum wages of garment workers at Tk 12,500. If anyone has any suggestions or objections on this wage rate, it should be reported in writing to the Chairman of the Minimum Wage Board within the next 14 days. After considering the objections or recommendations received within this period, the Board will recommend to the Government.
Global buyers will buy Bangladeshi garments at higher prices
Dhaka, Nov 10: The American Apparel and Footwear Association (AAFA), a US-based global organization of clothing buyers, has promised to increase the purchase price of Bangladeshi-made clothing due to the increase in workers' wages. AAFA Chief Executive Stephen Lamar said this in an e-mail message sent to Reuters on Thursday.
44 projects approved in govt's last ECNEC meeting
Dhaka, Nov 10: Forty-four projects have been approved in the last meeting of the current government. The total cost of implementing the projects will be Tk 39,344 crore. Out of this, GOB will spend Tk 30,123 crores and Tk 768 crore will be available from foreign loans. A meeting of the Executive Committee of the National Economic Council (ECNEC) was held on Thursday (November 9) at the NEC conference room in Sher-e-Bangla Nagar. ECNEC Chairperson and Prime Minister Sheikh Hasina presided over the meeting.