National,Front Page
Bangladesh's exports to India hits record high in the last fiscal year to reach about $2 billion, up 55.62 percent more than the previous fiscal year.In July, the first month of 2022-23 fiscal year, exporters of Bangladesh have exported various products worth $152 million to the neighboring coun...
Bangladeshi expatriates continue to send more remittances, up 16.30 percent, which stands at $1.17 billion in the first 16 days of August, over that in the corresponding period of the previous year.Md Serajul Islam, executive director and spokesperson of Bangladesh Bank, told Bangladesh Post, &ldquo...
The government has undertaken an initiative to strengthen five Nuclear Medicine Institutes with modern equipment to provide advanced nuclear medical services to the poor and common people. As part of the government move, a project proposal for capacity building of the Institute of Nuclear Medicine a...
National,Business,Front Page
Remittance has continued to increase amid the crisis, up 48.20 percent to stand at $550 million in only seven days in August over that in the same period of the previous year.MdSerajul Islam, executive director and spokesperson of Bangladesh Bank, told Bangladesh Post, “The dollar rate has inc...
National,Back Page
The government has undertaken a special project on rural infrastructure development of greater Dinajpur district for the socio-economic development of the country.As part of the government move, the project titled “Rural infrastructure development of Dinajpur district” has been proposed ...
The abnormal increase in fuel prices will have a major negative impact on the economy of the country, experts say. The standard of living of the people will go down further, they said, adding that transportation costs, production costs will also increase which will increase inflation.Besides, t...
Mushroom growth of money exchange houses has appeared as a major cause of foreign exchange crisis as they sell and buy US dollars randomly without proper documents.Although Bangladesh Bank has imposed a cap on sale and purchase of US dollars for money exchange houses, anyone can buy any amount of do...
Export earnings in the country maintained a healthy growth in the first month of the current fiscal year. Despite the economic turmoil across the globe, export earnings in Bangladesh in July, 2022 exceeded the set target of US$ 3.92 billion and reached $3.98 billion. The increase was 14.72 perc...
Bangladesh fetched record $2.10 billion remittances in July, the first month of the 2022-23 fiscal year, thanks to Eid-ul Azha festival when expatriate Bangladeshis send more money home than other time.The figure is the highest in 14 months and 12 percent higher than the $1.87 billion remittance the...
The country's forex reserves, although decreasing, are still in a good condition. It is declining not only in Bangladesh, but also in all countries due to the global crisis, experts say.Among the indicators of the country’s economy, the topic most discussed now is forex reserves. The discu...
Remittances have jumped and stood at $1.64 billion in the first 21 days in July in the new fiscal year 2022-23. Md Serajul Islam, executive director and spokesperson of Bangladesh Bank, told Bangladesh Post, “Eid-ul-Azha was celebrated in the country on July 10. The expatriates were sendi...
While the world's economy is threatened by the rise in the value of the US dollar, remittance has been showing Bangladesh a ray of hope and leading the economy from the front.Experts said rising remittance inflows have been providing oxygen for the country’s economy despite the global cris...
Bangladesh has been successfully repaying foreign loans since independence to live up to its good reputation worldwide, experts said.The country has never defaulted on foreign loans in its history because of its cautious management of external debt, which has a much higher portion of soft loan with ...
Bangladesh Bank sold a record of $7.62 billion directly to commercial banks from the foreign exchange reserves to stabilize the forex market in the just-concluded 2021-22 fiscal year.Market analysts said the Central Bank has never released such a high amount in the history of Bangladesh in a fiscal ...
Export earnings of the country crossed a new milestone for the first time to stand at $50.37 billion in the period from July 1 to June 25 last fiscal year riding on the readymade garment (RMG) despite global crisis.The overall export earnings also surpassed the set target of $43.50 billion for the f...
The world economy is encountering a huge crisis due to high inflation that is triggering fears among investors. The latest onslaught of coronavirus pandemic, which devastated the world economy in 2020 and 2021, and the Russia-Ukraine war are contributing the rise in global inflation.The United Natio...
The government has undertaken an initiative to increase the cultivation of spices of 2,36,000 metric tonnes to reduce the import dependence.As part of its move, a new project at the cost of Tk 119.50 crore will be presented at the Executive Committee of the National Economic Council (ECNEC) meeting ...
Remittance inflow is rising again to cross $20 billion for the second time in history in the outgoing fiscal year.It is the second highest to stand at $20.01 billion during 11 and half months this fiscal, thanks to devaluation of money against US dollar and incentives to remitters.A fairly good amou...
Bangladesh Bank sold a record of $7 billion directly to commercial banks from the foreign exchange reserves to stabilize the forex market during the first 11 and half months in the current fiscal.Market analysts said the Central Bank has never released such a high amount in its history of Bangladesh...
Remittance inflows witnessed a rising trend again as the devaluation of money and incentives to remitters are having positive effects on remittances. Now, if the expatriates send one dollar to the country, the relatives can get about Tk 95 toTk 96 with incentive.If they send it through a state...
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