National,Front Page
The government has taken the initiative to modernize the customs department of the country with the aim of building a smart Bangladesh under Vision 2041.The customs sector will be modernized to boost the country’s import and export as well as to expand trade with the neighboring countries.Rece...
Bangladesh Bank (BB) has provided a record amount of over US$ 9 billion dollar to banks to stabilize the foreign exchange (forex) markets.The Central Bank sold a record amount of $9.20 billion US dollars from its reserve directly to commercial banks to stabilize the forex market till January i...
National,Back Page
Companies are offering big discounts and clearance offers in the month-long Dhaka International Trade Fair (DITF) to draw customers’ attention as well as boost sales.Most of the companies are selling off their products at wholesale prices.The visitors are drawn to multiple attractive discounts...
The government has undertaken a project to build various infrastructures in the South Chittagong region for the economic development and eliminate inequality of the people especially for Rohingyas refugees.As part of the government move, the project titled, “South Chittagong Regional Deve...
Bangladesh Bank (BB) sold a record amount of $8.50 billion US dollars directly to commercial banks to stabilize the forex market till January 23 in the current fiscal 2022-23.The Central Bank has been selling dollars from the reserves from the last fiscal year 2021-22 to meet the market demand....
Remittance flows have continued an upward trend and stood at $1.31 billion during the first 20 days in January.After two consecutive months of heavy decline, the remittance returned to positive trend last November and continued the trend in December, the month of victory.Remittance witnessed a risin...
Every year as the month-long Dhaka International Trade Fair begins, a large number of youths including students of colleges and universities get an opportunity to work at various stalls and pavilions to gather practical job experience along with earning some money.On this occasion, dozens ...
Bangladesh has clearly shown the world what can be done to reduce poverty dramatically through successful innovations in human development, women’s empowerment, and climate adaptation.Axel van Trotsenburg, the World Bank’s Managing Director of Operations, made the comment on Friday on th...
The government has built multipurpose hydraulic elevator dam (HED) for irrigation facilities by conserving spring water to control flood, protect fishery resources and create opportunities for eco-tourism and employment.As part of the government move, a project titled, “Multipurpose Hydraulic ...
Despite offering quality products at discounted rates, top furniture manufacturers have so far failed to attract desired number of customers at Dhaka International Trade Fair 2023.1.14During a visit to the fair this correspondent exchanged views with many of the managers of the furniture manufacture...
Bangladesh’s readymade garments exports to India increased by about 50.31 percent to reach about $550 million during July-December in the current fiscal year.At the same time of the previous fiscal, exporters of Bangladesh exported $365.90 million to the neighboring country.Experts said the ex...
The Dhaka International Trade Fair drew a huge crowd on Friday, a weekly holiday, making traders more optimistic about their sales and promotions. After noon on the day, people from the capital and surrounding districts started coming to the fair in Bangabandhu Bangladesh-China Friendship Exhi...
Bangladesh Bank (BB) has sold a record US dollars of 7.65 billion directly to commercial banks to stabilize the forex market till January 3 in the current fiscal 2022-23.The Central Bank has been selling dollars from the reserves from the last fiscal year 2021-22 to meet the market demand. The BB al...
Dhaka International Trade Fair (DITF) has begun on its permanent fairground in the capital’s Purbachal area.Prime Minister Sheikh Hasina formally inaugurated the 27th edition of the trade Fair on January 01 from Bangladesh-China Friendship Exhibition Center (BBCFEC).As always, the magnetic pul...
National Board of Revenue (NBR) has lost Tk 30,000 crore in tax revenue in a decade due to tax dodging by corporations and individuals by concealing real income and showing business losses.The NBR has audited the income tax returns filed in the last decade and detected irregularities galore in more ...
Bangladesh received the highest remittance from the United States during July-December in the fiscal year (FY) 2022-23 for the first time since independence as the remittance earning has been dominated by the Middle Eastern countries.In the first six months of the current fiscal year 2022-23, expatr...
Despite a surge in the outflow of migrant workers, remittances to Bangladesh declined due to illegal hundi money business, experts.They said the exchange rate gap between the formal and informal channels has encouraged remitters to use hundi and send money through such illegal channel.Dr Zahid Hussa...
The country’s investors passed a tough year to make profit from the stock market as major indices mostly saw decline throughout the outgoing year. Experts said the stocks will rebound and pass better time in 2023 as the crisis may be solved with the recovery of Bangladesh's economic i...
Remittance witnessed a rising trend and crossed $10 billion during the July-December period after declining for two consecutive months.Remittance from expatriates, one of the main sources of foreign exchange reserves, have started to increase again after various measures taken by Bangladesh Bank, in...
The country’s metro rail will help save nine percent of annual gross domestic product (GDP) loss in Dhaka caused by traffic snarl.Bangladesh Development Research Institute (BIDS) and Dhaka Mass Transit Company Limited (DMTCL) sources said this.Due to traffic congestion, Dhaka loses about 2.5 p...
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