Biz World

Khulna Bureau: Mongla port has set a record in car imports leaving Chittagong behind. In the fiscal year 2021-22, 20,608 vehicles have been imported through this port, which is the highest ever. On the other hand, 13,913 vehicles were imported to Chittagong port at the same time.According to the Mongla…

Staff Correspondent: The country’s export earning is going to hit the much-expected magic figure of $50 billion in the outgoing 2021-22 fiscal year propelled by better apparel shipment despite the Ukraine war.Total merchandise exports grew year-on-year 34.09 percent to nearly US$47.18 billion during the first 11 months from $35.18 billion…

Plane fare doubled too Mahfuja Mukul: Two years ago, the price of jet fuel used in aircraft was only Tk 48 per liter. Now the price of the same fuel fixed by the government is Tk 106 per liter. Thus, the price of jet fuel has increased by about 122…

Staff Correspondent: Prime Minister Sheikh Hasina yesterdaysaid the inauguration of the Padma Bridge will come as divine blessings for the people of the southern region as they will get quick assistance during natural disasters.“I think, the inauguration of Padma Bridge on June 25 will come as a blessing from Allah…

Overseas employment also increasing: PM Staff Correspondent: Sheikh Hasina said Bangladesh is one of the highest receiving remittances in the world. In the fiscal year 2019-20, Bangladesh inward remittances earning was US $18.20 billion and in the fiscal year 2020-21 it increased to a record amount of US $24.8 billion.…

Diplomatic Correspondent: Bangladesh has agreed to allow Bhutan to use six more ports including Aricha, Chilmari, Sirajganj, Mongla, Chattogram and Payra Port under the port of call arrangement.The development came at a meeting between the Bangladeshi and Bhutanese delegation in Dhaka earlier last week, reports Bhutanese daily Kuensel on 1…

Enayet Karim from New Delhi:The South Asian economies have been facing huge shortfall of targets as the Covid-19 pandemic-hit economy faces war ton of Russia and Ukraine. Pakistan PM Imran Khan has to quit chair due to some extra benefit from Russia during the war crisis and embargo imposed by…

Staff Correspondent: The price of dollar has seen a minimal decrease of 20-30 paisa with the US currency being traded for Tk96.50 in the kerb market yesterday.On Monday (30 May), the price of the dollar was almost the same around Tk96.70. However, the rate of dollar varied in money exchange…

Diplomatic Correspondent: Bangladesh is reviewing a Russian proposal to sell crude oil to the South Asian nation, according to State Minister for Power, Energy and Mineral Resources Nasrul Hamid.The United States, Britain and some other key oil buyers banned imports of Russian oil shortly after the invasion of Ukraine. The…