Remittance drops 20pc in February
Staff Correspondent: The inflow of remittance from expatriate Bangladeshis dropped by around 20.29% in February to $1.56 billion compared to January earnings due to lower exchange rate.The country received $1.96 billion in remittances in January, according…
Read More »Tk227,566cr revised ADP allocation okayed
Staff Correspondent: The National Economic Council (NEC) has approved Tk227,566 crore revised Annual Development Programme (ADP) for the current fiscal year, downsizing the original ADP size by 7.51%.The revised ADP is slated to implement a total…
Read More »Bangladesh seeks duty-free access for 213 products in Saudi
Diplomatic Correspondent: Prime Minister’s Private Sector Industry and Investment Adviser Salman F Rahman has urged Saudi Arabia to give duty-free access to some 213 Bangladeshi products to the Saudi Arabian market.Salman, who is now in Saudi…
Read More »5,500 Home Ministry cases pending for 25-years in HC
Special Correspondent: More than 5,500 cases of the Ministry of Home Affairs are pending in the High Court. There are also cases from almost two decades ago in this list. The concerned could not tell why…
Read More »Second installment of WB budget support uncertain
Conditions have not met up Bangladesh has asked the World Bank for a total of $125 million or about Tk 13,000 crore of budget assistance to deal with the crisis caused by the Ukraine-Russia war. This…
Read More »Fear growing in stock market
Many cos trapped in floor price Mahfuja Mukul: The crisis in the stock market is increasing day by day. Shares of most companies without buyers. The market has been stuck at the floor price (minimum) for…
Read More »Currency printing costs over Tk 500 cr yearly
Syed Nasir Hossain: The government has to spend huge amount of money every year to print new money. The durability of these notes in paper is decreasing due to the systematic use. Paper notes become unusable…
Read More »Adani to start power supply to BD in a week
Industry Desk: Amid the controversy over an abnormal coal price quoted by Adani Power, Bangladesh is all set to receive electricity from the Indian power company’s Godda 1600MW Thermal Power Plant from the first week of…
Read More »Argentina to boost economic trade ties with Bangladesh
Diplomatic Correspondent: Visiting Argentine Minister for Foreign Affairs, International Trade and Worship Santiago Andrés Cafiero yesterdayhoped that the economic, trade and business collaboration will go up between his country and Bangladesh following reopening of the Embassy…
Read More »Hajj cost increased by 131 pc in 9 yrs
Staff Correspondent: This is the first time Bangladesh has got the opportunity to send the full quota of pilgrims after the Corona pandemic. But due to the exorbitant cost, pilgrims are losing interest in Hajj despite…
Read More »ADP allocation decreasing in power-fuel, edn, health and transport sector
Revised ADP to be approved today Ibrahim Khalil Jewel: The Annual Development Programme (ADP) budget for the current fiscal year 2022-23 is witnessing a record low allocation. For this financial year, ADP allocation was Tk 2…
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