BB seeks exemption from net reserve condition
Getting 2nd installment of IMF loan Staff Correspondent: Bangladesh Bank officials have sought regulatory relax of the condition for improving the net reserves of foreign currency at $24.46 billion by the end of June 2023. The…
Read More »Development projects are looting factories
Zarif Mahmud: Elections are around the corner and this is the last financial year under the current government. And a long-standing tradition in this country is that in the last year of the government’s tenure, clever…
Read More »Payra port terminal to be built at Tk 944cr
Staff Correspondent: The government has decided to build the first terminal at Payra seaport. It will cost Tk 943.64 crore. The Cabinet Committee on Public Procurement has approved CRPG and CCECC to work jointly for the…
Read More »1577 fire incidents happen in Sept
Need smart disaster mgt team Mahfuz Emran: In the month of September this year, 1,577 fire incidents occurred across the Bangladesh. A total of 11 people were injured and four people were killed. Among them, 155…
Read More »Women divorcing twice than men
One talaq in every 40-minute Mahfuja Mukul: The number of divorced people in the country is increasing day by day. This number is more in the capital. Last year, 13,288 divorce applications were received in the…
Read More »No mercy if arson terrorism happens before polls: PM
Staff Correspondent: Prime Minister Sheikh Hasina has reiterated that no more tolerance would be shown in case of the happening of 2013-14 like arson terrorism and inhuman atrocities prior to the next national election in the…
Read More »Taka lost 30pc value in 2-yr against dollar
Mahfuz Emran: A major foreign exchange crunch has emerged in the country, including non-expected product exports, reduced remittance flows and pressure to repay foreign loans.By this, the US currency dollar is continuously strengthening.On the contrary, the…
Read More »Reserve risk increasing due to policy mistakes
Farhad Chowdhury: Export earnings are running dry. Same is the case with remittance. As these two main routes of dollars coming into the country are narrow, the reserve has been strained. In this scenario, banks should…
Read More »Top 4 officials of Ctg on foreign tour
Chittagong Bureau: Four top administrative officers of Chittagong are traveling abroad amid the government’s austerity measures due to the dollar crisis. Two have already left the country. Another person got permission, will go soon. Questions are…
Read More »2nd installment of IMF loan uncertain
Some conditions not fulfilled Zarif Mahmud: The second installment of $4.7 billion IMF loan becomes uncertain due to not compliance of some of the pre-conditions set by the donor agency including the development of forex reserve…
Read More »Bangladesh Navy-Coast Guard failed to ensure safety in sea
Yearly 1350 fishermen lose lives in sea Special Correspondent: Bangladesh Navy and Bangladesh Coast Guard have failed to ensure safety of fishermen in sea during their sea resources harvesting, said the fishermen and fishing boat owners.Despite…
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