Bangladesh
Bangladesh
Thousands suffer as flood persists in Sylhet
Over 16,000 in shelters Staff Correspondent: Despite a brief improvement, incessant rain since Monday has caused flooding to recur in Sylhet, submerging many areas that had previously seen the water recede.Many flood-affected families, who had returned home from shelters, are now moving back to safe spots as the Surma, Kushiyara,…
Read More »Govt faces crisis over inability to control commodity prices
Staff Correspondent: The parliament members have expressed heavy reaction in the Jatiya Sangshad in the discussion of passing anew bill.The Act has been amended by changing the name of the post of Secretary of the Trade and Tariff Commission. Bangladesh Trade and Tariff Commission (Amendment) Bill-2024 was passed in the…
Read More »Remittance inflows from top destinations declined
Zarif Mahmud: Bangladeshi expatriates based in Saudi Arabia and the United States are always at the top in sending remittances. Although these two countries have maintained the top position for several consecutive years, but the fiscal year 2023-24 has seen an exception. The remittances sent by expatriates from these two…
Read More »Search for source of wealth begins
Drive against wealthy govt officials soon Mahfuja Mukul: Prime Minister Sheikh Hasina has announced the start of campaign against corruption. As part of this, the Prime Minister’s Office has asked rich and wealthy officials working in government departments including the administration, police to inquire about the sources of wealth. In…
Read More »Who is going to be new IGP?
N I Talukder: he 31st Inspector General of Police (IGP) of Bangladesh Police is Chowdhury Abdullah Al-Mamun. He is on the post for the second term after being appointed on contractual basis for one and a half years. The term of that appointment will end on July 11. There are…
Read More »Daily basis BB liquidity support to be continued
For smoother operations of commercial banks Zarif Mahmud: The repo auction program to provide liquidity from Bangladesh Bank to commercial banks and finance companies has been reduced. However, to provide liquidity to banks and finance companies for urgent needs, the existing instant loan facility and instant deposit facility will continue…
Read More »Which way Dhaka learning: Delhi or Beijing?
Rabiul Haque: Delhi or Beijing – who is leaning towards Dhaka? In the changed geo-political situation as well as the world reality, between the two arch-rivals of Asia, India and China, who is more attracted to Bangladesh, the friend of both, or who is more attracted to them? That question…
Read More »BB emphasises debt strategy for boosting reserves
Zarif Mahmud: Bangladesh Bank is trying to pull up the reserves that have been at the bottom for a long time by borrowing. As a part of this, the International Monetary Fund (IMF), the World Bank, the Islamic Development Bank (IDB), the International Bank for Reconstruction and Development (IDRB) and…
Read More »40,000 families at landslide risk due to heavy rain
Mohammed Ali, BandarbanThree days of continuous heavy rains have raised the risk of landslides in Bandarban. Along with that, about 40 thousand families are living at risk at the foot of the hill in 7 upazilas.According to Sarzmin, Kalaghata, Kasempara, Islampur, Banrupapara, Hafezghona, bus station area, stadium area, Noapara, Kasaipara…
Read More »BD received $23.91b in FY 2023-24:BB
Remittance hits 47-month high Staff Correspondent: Bangladesh has received US$ 23.915 billion in remittances for the fiscal year 2023-24, ending on June 30, marking the second highest remittance inflow in a fiscal year to date.MdMezbaulHaque, Executive Director and Spokesperson of Bangladesh Bank, told UNB that expatriate Bangladeshis sent $2.542 billion…
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