Diplomatic
Diplomatic
Depreciation adds Tk60,000cr payment burden for foreign loan
Industry Desk: The once cheaper foreign loan has now turned into a burden for private sector borrowers as they will have to pay an additional Tk60,000 crore against the total foreign currency loan of $24.3 billion thanks to taka devaluation.Back in 2021, when the greenback rate stood at Tk84.8, private…
Read More »Tk 730 cr remittance coming every day
Staff Correspondent: In March, the third month of this year, remittances (expatriate income) of $68.2 million or Tk 730 crore (at the rate of Tk 107 taka per dollar) are coming to the country every day. If this trend continues, the expatriate income will reach a record $2.11 billion or…
Read More »India, Thailand agree to include Bangladesh in Highway project
Staff Correspondent: Foreign Secretary Masud Bin Momen has said that India and Thailand have no objection in including Bangladesh in the Trilateral Highway project.However, Myanmar is yet to give a reaction on the matter, the foreign secretary told reporters after the third ‘Foreign Office Consultation’ meeting at the foreign ministry…
Read More »BD, Korea sign deal on $3b loan for mega projects
Diplomatic Correspondent: Bangladesh and Korea signed two agreements over a $3 billion loan for implementing mega projects in the country.Under the Letter of Understanding (LoU) and Cooperation Arrangement (C/A), Korea will provide $3 billion as a soft loan through the Economic Development Promotion Facility (EDPF) for the period 2023-2027, reads…
Read More »Japan to provide 991m Yen to BD as grant
Diplomatic Correspondent: Japan will provide 991 million Japanese Yen(Approximately Tk 75.095 crore) as grant to Bangladesh for ‘The Project for the Improvement of Equipment for Technical Education”.In this regard, an agreement was signed yesterdaybetween the government of Bangladesh and Japan.Sharifa Khan, Secretary, Economic Relations Division (ERD) and ICHIGUCHI Tomohide, Chief…
Read More »Myanmar takes sudden initiative for Rohingya repatriation
Pressure from China Industry Desk: Myanmar has suddenly displayed an interest in Rohingya repatriation. As part of their initiative in this regard, diplomats of eight countries posted in Yangon were taken to Rakhine last week. They included diplomats from Bangladesh, India and China, among other countries.The country has now brought…
Read More »Rohingya situation becomes difficult: PM
Industry Desk: Prime Minister Sheikh Hasina yesterday said the war in Ukraine and its refugees have attracted the global attention shifting the focus from the Rohingya crisis in Bangladesh which makes the situation more difficult.“The war (in Ukraine) has made the situation more difficult. The whole focus is now on…
Read More »West Bengal to dig two more canals in Teesta
Indian farmers to be benefited butBD farmers to face big troubles Special Correspondent: The West Bengal Irrigation Department of India is about to start digging two more canals under the Teesta Barrage Project. The West Bengal government has acquired about 1,000 acres of land for this purpose.The move will help…
Read More »PM arrives in Qatar to join UN con’fce on LDCs
Industry Desk: Prime Minister Sheikh Hasina arrived in Doha, Qatar yesterday to participate in the 5th United Nations Conference on the Least Developed Countries (LDC5) slated for March 5-9.A VVIP flight of Biman Bangladesh Airlines, carrying the prime minister and her entourage, which departed Hazrat Shahjalal International Airport at 11:15am…
Read More »Mexico to open embassy in Bangladesh soon
Diplomatic Correspondent: Mexico will establish an embassy in Bangladesh in the second quarter of this year, Secretary of Foreign Affairs of Mexico Marcelo Ebrard said.He disclosed the decision in a meeting with Bangladesh Foreign Minister Dr Abdul Momen on the sideline of G20 foreign minister’s meeting at New Delhi on…
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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 …
