All Finance

Muktijoddha Mancha organises human chain rally against Pakistan

Water level in Sylhet decreases, misery increases

Rain brings relief in different places including Dhaka

Government employees want 60 percent salary hike

Siam to star opposite Mithila Palkar in a Bollywood film

Planning Minister urges mental preparation for economic crisis

Dhaka, May 18: Planning Minister MA Mannan said that the economic crisis could happen, but that one must be mentally prepared to deal with it. He said this at the pre-budget roundtable meeting on the national budget for the fiscal year 2022-23.

Bangladesh garments industry facing trouble due to Sri Lankan crisis

Dhaka, May 15, 2022: Bangladesh's garment industry is in trouble due to anti-government mass protests in Sri Lanka.

Onion prices plummet

Dhaka, May 14: Last week, the highest price of onion at the market was Tk 1,500 to Tk 1,600. The farmers expected some profit. But the farmer's hopes are dashed. This is because the price of onion has come down by an average of Tk 500 per maund in a week.

Rajshahi market experiences mango shortage

Dhaka, May 14: This time there is no expected mango in Rajshahi market. Due to the hostile weather, most of the buds and cocoons of mango fell early in the season. Many farmers and traders of Rajshahi are disappointed in this. On Saturday, several areas including Charghat, Baneshwar and Puthia in Rajshahi were visited.

Upward trend of import expenditure going downwards

Dhaka, May 13: Despite the increase in remittances and export earnings for several months, the country's economy has come under some pressure to meet the cost of importing goods. The situation has reached such a stage that in just a few days, the value of money has to be devalued against the dollar. Besides, Bangladesh Bank has to take several more steps to overcome this pressure. Bangladesh Bank instructed the banks to provide necessary dollars as well as discourage the import of luxury goods. In this context, the import pressure has already come down.

Bangladesh Taka gains, doubles over Pakistani Rupee

Bangladesh has gained independence from Pakistan after 9 months of bloody great liberation war. This time Bangladesh also left Pakistan far behind in terms of currency. The value of the currency has more than doubled over the Pakistani rupee.

Restrictions on import of luxury goods including cars

Dhaka, May 11: Deficit in foreign trade is increasing due to the pressure of import expenditure. The dollar is also out of control. In such a situation, the central bank has added new conditions to reduce the import of luxury goods. From now on, banks have been directed to maintain a minimum of 75 per cent cash margin rate on LCs against imports of car and home appliance products. In the case of other LCs, the margin rate has been fixed at 50 per cent.

Soyabean oil sell to see increase next month in Bangladesh: TCB

Dhaka, May 8, 2022: The Trading Corporation of Bangladesh (TCB) will continue to sell soybean oil at Rs 110 per liter as well as sell oil to one crore cardholder families from next month (June) as part of the expansion.

Bangladesh exporting bicycles to eight European countries

Dhaka, May 7: Bicycles made in Bangladesh are now appreciated all over the world. Bicycles costing from Tk 5,000 to Tk 200,000 are also being made in the country. The Meghna Group bought the government bicycle manufacturing company in Tejgaon in the capital in 1996. After three years, the company started exporting this industrial product in 1999.

Gold prices decrease

Dhaka, April 27: Gold prices have also been reduced in the country's market in the wake of falling prices in the world market. The price of the best quality gold has been reduced by Tk 1,167 and a new price has been fixed. The price of good quality gold has been Tk 77,682.

More than 8 lakh jobs have been created in industrial sector: PM Hasina

Dhaka, April 21: Prime Minister Sheikh Hasina has said that at present the amount invested in the industrial city is Tk 41,217 crore and more than eight lakh people have been employed. She was speaking at the groundbreaking ceremony of Ghorashal Palash Urea Fertilizer Factory and inauguration of four projects of the Ministry of Industries on Thursday (April 21).

Approval of 11 projects worth Tk 4,000 crore without loan

Dhaka, April 19: The Executive Committee of the National Economic Council (ECNEC) has approved 11 projects at a cost of Tk 4,541.81 crore. All money of these projects will be met from the government sector. That is, no loans will be taken to implement these projects.

Bangladesh will grow 6.4 percent in current fiscal year: World Bank

Dhaka, April 14: The World Bank has forecast that the growth of gross domestic product (GDP) in the current fiscal year 2021-22 could be 6.4 percent. Although Bangladesh's economy was somewhat hampered by the coronavirus pandemic, garment exports were good.

Bangladesh succeeds in repaying interest on foreign loans

Dhaka, April 9: Bangladesh has been showing expertise in repaying interest on foreign loans since independence. In the fiscal year 2020-21 alone, Bangladesh has actually paid USD 141.86 crore. At the same time, interest on foreign loans has been paid 49.61 crore dollars. In all, which is 16 thousand 467 crore taka. Development partners are also always positive towards Bangladesh in terms of debt repayment.

Maximum per capita fitra Tk 2310, minimum Tk 75

Dhaka, April 9: This year in Ramadan, the rate of Fitra in Bangladesh has been fixed at a minimum of Tk 75 per person and a maximum of Tk 2,310. Last year, the highest fitra was two thousand 310 rupees, the lowest Tk 70. The rate was set at a meeting of the National Sadaqatul Fitr Determination Committee at the meeting hall of the Islamic Foundation at Baitul Mukarram in the capital on Saturday (April 9).