New metal mine could change BD economy
Digging started in Rangpur Zarif Mahmud: Bangladesh has identified a new metal mine in Rangpur, expecting huge precious reserve of copper, iron and even gold. It could change the economy of the country. Expects said, Bangladesh…
Read More »Bangladesh materialised Begum Rokeya’s dream: PM
Staff Correspondent: Prime Minister Sheikh Hasina yesterday said her government has taken every possible measure to empower women in very sector and ensure their rights, adding, “Bangladesh has been able to materialise the dream of Begum…
Read More »Country facing severe gas crisis
Staff Correspondent: For a long time, entrepreneurs were complaining about not getting gas supply at the required pressure to continue production in industries. They said that now this crisis has intensified. There is a severe crisis…
Read More »Fortune of 70 AL aspirants burnt
Farhad Chowdhury: Awami League’s ‘MP if nominated’ is not very relevant in the upcoming 12th National Assembly elections. At least 70 candidates nominated by Awami League must vacate their seats in the upcoming elections.In the meantime,…
Read More »Outstanding foreign LC payment stands Tk 9400 cr
Staff Correspondent: Earlier there was no liability on foreign ‘back to back’ LCs for import of raw materials for the export sector. Due to not being able to pay the liabilities on time in this sector…
Read More »Central bank lends Tk 23,240cr in a day
Acute liquidity crisisStaff Correspondent: Banks are already in liquidity crunch due to the contractionary monetary policy of the central bank. Meanwhile, the government has to give loans to meet the daily expenses. In such a situation,…
Read More »Power sector incurs loss of Tk 5,000 cr for taka devaluation
Mahfuz Emran: For various reasons, the government maintained the value of taka against the dollar. Different countries of the world changed the exchange rate of the dollar, but for more than two years it remained roughly…
Read More »Revenue target cut by Tk 33,900 cr
Impact of global political crisis Staff Correspondent: Other import including industrial raw materials are less, strictness in development projects, withdrawal of duty on consumer goods are the main reasons.The government has taken a policy decision to…
Read More »Growth target decreasing while inflation increasing
Staff Correspondent: The gross domestic product (GDP) growth and inflation targets in the budget for the current financial year 2023-24 are being revised. Considering the current economic situation of the country, the GDP growth target may…
Read More »Fear and panic of sanctions
Mahfuz Emran: Exporters are expressing concern about possible trade restrictions on Bangladesh, the main buyer of the garment sector in the United States and Europe. Faruq Hasan, president of garment manufacturers’ organization BGMEA, said in an…
Read More »$5.35 b spent in 5 months
Current reserves $19.40 bStaff Correspondent: Foreign exchange reserves are decreasing steadily. Nothing can be done. Because the Bangladesh Bank has stopped selling dollars to the government to meet the project expenses. As a result, the gross…
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