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

Government clears proposal to import crude oil worth Tk 5,204 crore

Dhaka, November 5: The government is buying 1.3 million tons of crude oil from Abu Dhabi and Saudi Arabia for processing next year at a cost of Tk 5,204 crore.

Export income of jute products exceeds target by 20 percent

Dhaka, November 3: In the first four months of the current financial year (July-October), Bangladesh earned USD 438.7 million by exporting jute and jute products. This is about 20.47 percent more than the target.

Remittances have increased by 43 percent during four months of Covid-19 phase

Dhaka, November 2: Despite the coronavirus pandemic, the positive trend of remittances sent by expatriate Bangladeshis continues. Expatriates sent remittances of USD 2.112 billion in the recently concluded October. This information was revealed by Bangladesh Bank on Sunday (November 1).

More than 4,500 fisherman jailed for fishing during Hilsa conservation

Dhaka, November 2: At least 4,549 fishermen have been imprisoned in 18 days during the campaign to save mother hilsa. At the same time, current and other illegal nets worth Tk 214.31 crore were seized.

Bangladesh is eighth in remittance flow

According to the World Bank, remittance inflows to Bangladesh have increased in 2020 and this year Bangladesh will be in the eighth position in remittance inflows.

Foreign reserve exceeds $41 billion

Dhaka, October 30: Foreign exchange reserves on remittances have crossed the USD 41 billion mark for the first time.

Gulshan-Banani-Baridhara lake development expenditure to increase by 1091 percent

Dhaka, October 30: The expenditure of the Gulshan-Banani-Baridhara Lake Development' project will increase by 1091 percent.

Trade deficit reducing gradually

Dhaka, October 28: In the first quarter of the current financial year (July-September) the trade deficit stood at 2.039 billion dollars. The deficit is 1.80 billion dollars less than the same period last year. At the same time last year, the deficit was 3.84 billion dollars. The data was found in the Central Bank's Balance of Payments report on Tuesday (October 27) for the current July-September period of FY 2020-21.

Dhaka roads witnessed an added half a million motorcycles in last 10 years

Dhaka, October 26: The use of motorcycles is increasing everyday in the congested city of Dhaka. The number of legal motorcycles in the capital has increased by 268 percent in the last 10 years.

Possible to expand India-Bangladesh relationship

Sheikh Fazle Fahim, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has said that it is possible to further strengthen bilateral trade relations by working together with India.

Farmer replay Tk 6277 crore loan during Covid-19 pandemic

Dhaka, October 24: Farmers have returned Tk 6,277.63 crore in the first three months of the current fiscal year (July-September), despite the market remaining bearish due to the ongoing Covid-19 pandemic, a report by Bangladesh Bank said. 

Bangladesh Bank to start financial interoperability system from October 27

Dhaka, October 23: Bangladesh Bank is going to introduce inter-operability system to reduce cash transactions and make mobile banking (Mobile Financial Services or MFS) services more popular in the country. The central bank has mentioned in a circular that it will be launched from October 27.

Bangladesh wants to reduce dependence on India for onion imports

Dhaka, October 22: India has been requested to give at least one month's notice before stopping onion exports. Besides, Bangladesh wants to become self-sufficient in onion production within three years and reduce its dependence on India.

Bangladesh allows imports of gold ornaments

Dhaka, October 22: Besides gold bars, the central bank has allowed the import of gold ornaments to authorised dealers, who can now legally import gold ornaments. In this case, instructions have been given to follow the Gold Policy 2018.

Potato prices spike to 35 per kgs in Bangladesh

Dhaka: The government has increased the price of per kg potato from Tk 30 to Tk 35 in the retail market.