Bangladesh
Bangladesh
BNP ready for Saturday grand rally in Dhaka
‘Govt to be held responsible for obstruction’ Rafiqul Islam Azad: The opposition BNP has made all-out preparations to hold its grand rally on Saturday in the capital city of Dhaka before embarking on the final stage of their movement to topple the government.The mass gathering will take place on the…
Read More »$900m forgn investment arrives in Bangladesh this year
PM likely to inaugurate Nov 8-9 FICCI Investment Expo in Dhaka Rafiqul Islam Azad: A total of $900 million in foreign investment arrived in Bangladesh during the last nine and a half months. The Acting Executive Chairman of the Bangladesh Investment Development Authority (BIDA), Mohsina Yasmin, disclosed this yesterday. “As…
Read More »Call money interest highest in 7 years
Banks facing serious liquidity crisis Mahfuja Mukul: Banks are not getting deposits at the rate they are lending. Due to this, many banks are facing severe liquidity crisis. As a result, banks have to borrow money from another bank at high interest to meet the daily cash demand.Banksare now borrowing…
Read More »Economy stagnates for high record debt
Industry Desk: Record borrowing, high interest rates, climate change, spending on health and pensions, and geopolitical instability have destabilized the global economy. The borrowing rate has also increased at the government level. Economists fear, thus the global economy is heading towards a new critical situation.Investors are seeking higher compensation for…
Read More »Foreign investment outflows increased more than inflows
2022-23 fiscal year Mahfuz Emran: Despite the ongoing dollar crisis in the country, foreign investment (FDI) could not give good news. The total FDI in 2022-23 is less than 40 percent compared to the previous fiscal year. Mainly due to global instability, the economy of the country faced the crisis…
Read More »Sadargh at crying for passengers
10 routes already closed Mahfuz Emran: Old Dhaka’s Sadarghat is no longer what it used to be. But the area around Sadarghat was busy with the shouting of porters and the pushing of launch passengers. It doesn’t matter when the festival comes. A year after the launch of the Padma…
Read More »USA and China biggest investors in Bangladesh
Zarif Mahmud: Despite cheap labor and easy availability of raw materials, Bangladesh is not getting as much foreign investment as expected. Even 52 years after independence, the foreign investment (FDI) stock in Bangladesh is below $22 billion. Even a few years ago, it would have been difficult to get foreign…
Read More »BD invests Tk 45,000cr in agriculture
Staff Correspondent: The Minister of Agriculture Dr Abdur Razzaqsaid that more than Tk 45,000 crores have been invested in the agriculture sector. The minister said this at the session after the inauguration of the ‘Investment Conference’ of the World Food Forum of the United Nations Food and Agriculture Organization (FAO)…
Read More »Only a train daily spending Tk1714cr
Staff Correspondent: Bangladesh Railway has spent more than Tk 1714 crore to build a new railway line from Ishwardi to Pabna to Dhallarchar. The 79 km long road was built with 100% government funding, which was completed in June 2019. The main objective of constructing the Ishwardi-Dhalarchar railway line was…
Read More »Pol leaders agree to include coastal dev issues in poll manifestoes
Staff Correspondent: Leaders of both the ruling Awami League and opposition parties on Monday made commitments to include the development issue in the coastal area in their respective election manifestoes ahead of the upcoming general elections likely to be held early next year. They made the commitments while speaking at…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
