World wide
World wide
India to sign MoU with Bangladesh to export 1 m bales of cotton annually
Industry Desk: The Government of India will soon sign a Memorandum of Understanding (MoU) with Bangladesh to export 1 million bales of cotton every year.The MoU is going to enable a G-2-G transaction. The MoU will be signed soon and will be handled by Cotton Corporation of India Limited. India…
Read More »Deaths on maritime migration routes to Europe soar in first half of 2021: IOM
UNB: At least 1,146 people died attempting to reach Europe by sea in the first six months of 2021, according to a new briefing released by the International Organization for Migration (IOM) yesterday.Deaths along these routes more than doubled so far this year compared to the same period in 2020,…
Read More »High fuel prices in India pose risk of smuggling from Bangladesh
Special Correspondent:As petrol and diesel prices have continued to remain high in India, the risk of fuel smuggling to the neighbouring country is rising day by day.Bangladesh government now plans to adjust petroleum fuel prices fearing the smuggling of costly fuel to India due to the price mismatch, State Minister…
Read More »Remittance inflow hits record high of $24.77 billion in FY21
Staff Correspondent: Remittance inflows hit a record high of US$24.77 billion in the just-concluded fiscal year (FY21), thanks to the expatriate Bangladeshis for sending money amid the Covid-19 pandemic.Expatriate Bangladeshis sent 36 per cent higher remittance in fiscal 2020-21 compared to the same period in the fiscal 2019-20, when it…
Read More »WHO urges vaccinated people to keep wearing masks
International Desk: World Health Organisation officials, concerned about the easing of precautions meant to stop the spread of the coronavirus even as the most contagious variant to date has emerged, have urged even fully vaccinated people to continue wearing masks and to keep taking other measures to prevent infection.The Centres…
Read More »Bangladesh stood 2nd most gender equal country in Asia
e-commerce helping to make self-reliant Mahfuja Mukul: According to the World Economic Forum (WEF), Bangladesh is now the second most gender equal country in Asia, top in South Asia and ranks 47th among 144 countries of the world in the Global Gender Gap Index.Digital devices and e-commerce platforms have created…
Read More »Modi expresses gratitude to Sheikh Hasina
Minto Poddar: Indian Prime Minister Narendra Modi has expressed his gratitude to his Bangladesh counterpart Sheikh Hasina for celebrating International Day of Yoga every year in Bangladesh.“I wish to extend through your good offices, my deepest gratitude for the cooperation and efforts extended by one and all in making the…
Read More »Germany to provide EUR 339.54m to Bangladesh under two deals
Industry Desk: Germany will provide EUR 339.54 million or approximately Tk 3463.3 crore technical and financial cooperation support to Bangladesh for development projects in various sectors.Bangladesh and Germany on Sunday signed the financial and technical agreements on development cooperation, said the German Embassy in Dhaka yesterday.The cooperation under the agreements…
Read More »Funds parked by Bangladeshis in Swiss banks drop 7pc in 2020
Industry Desk: The amount of money deposited by Bangladeshi clients in the banks of Switzerland has dropped by 7 percent year on year in 2020 amid the coronavirus pandemic.By the end of last year, Bangladeshis’ deposits in the banks totalled 562.93 million Swiss francs against 603.02 million Swiss francs in…
Read More »Grant financing deal of EUR 12m signed to support energy sector
Benoit Chassatte, AFD Country Director said for AFD in Bangladesh, 2020 was an opportunity to amplify existing commitments to modernize Dhaka’s power grid. Industry Desk: The French Development Agency (AFD) and the government of Bangladesh have signed a grant financing agreement of EUR 12 million or around Tk 1.24 billion…
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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 …
