Remittance rises to$2 billion in March
Staff Correspondent: Remittance earnings increased to $2 billion in March after six months thanks to offering higher dollar rate by banks than the rate set by Bangladesh Foreign Exchange Dealers Association (BAFEDA).Bangladesh Bank data shows that…
Read More »Export earningsdrop by 2.49pc
Staff Correspondent: Bangladesh’s export earnings dropped by 2.49% year-on-year in March, according to the Export Promotion Bureau (EPB).The country fetched $4.64 billion from export earnings last month, said an EPB report.The export earning target for March…
Read More »Bosnia and Herzegovinaconvinced about continuedgrowth of ties with BD
Industry Desk: Bosnia and Herzegovina Foreign Minister Elmedin Konakovi? has said he is convinced that the friendly relations between his country and Bangladesh will continue to grow for the benefit and welfare of both countries.Konakovi? said…
Read More »Interest rates to be skyrocket from July
Implementation of IMF conditions Mahfuz Emran: Bangladesh Bank has decided to waive the loan interest rate limit as per the conditions of the International Monetary Fund (IMF). As an alternative, the market-based interest rate will be…
Read More »India monitors Chinese oil search in Bangladesh
Conducting surveillance in Bay of Bengal Special Correspondent: Chinese exploration vessel ‘Hai Yang Shi Yu 760’ is searching for oil and gas in the Exclusive Economic Zone (EEZ) of Bangladesh. The Indian Navy has said that…
Read More »Implement Teesta Project to save people from disasters: IFC
Industry Desk: The International Farakka Committee (IFC) has welcomed the government of Bangladesh for sending a note verbale to New Delhi seeking to know about their plan to construct two new canals to divert water of…
Read More »Megaproject unveiling up govt’s sleeve?
Purbachal Expressway Staff Correspondent: The long-awaited Purbachal Expressway will connect the Dhaka-Sylhet Highway with the capital. According to Rajuk, the capital development authority, the expressway will be ready to be inaugurated in the next 2-3 months.Billed…
Read More »Golden harvest in salty fields
Mahfuz Emran: The people of Kolghensha Coastal Upazila Koira of Sundarbans have started to overcome the wounds of terrible natural disasters like Sidor and Aila. They are growing golden crops in salty land. Thousands of coastal…
Read More »BD serves as a model for rest of world
US Asst Secy Noyes Diplomatic Correspondent: The US Assistant Secretary of State for the Bureau of Population, Refugees and Migration Ambassador Julieta Valls Noyes has said rebuilding the country after the 1971 war, and now forging…
Read More »2b dollars worth of trade by Rupee
India-Bangladesh trade Zarif Mahmud: The use of rupees is going to start in Bangladesh’s $2 billion trade with India. Bangladesh Bank has almost finished all kinds of tests in this regard. Its use will be introduced…
Read More »Manufacturers suffer for LC restrictions
Industry Desk: Regulations imposed for LC in the aftermath of the dollar crisis have significantly shrunk imports causing the economy to slow down prompting industry leaders to urge the government to ease the restrictions.The opening of…
Read More »
