Financial

Financial

Trade deficit narrows, easing pressure on forex reserves

In the first five months of the fiscal year 2022–23, Bangladesh's trade deficit decreased by six percent year on year to $11.79 billion -- a development that is likely to relieve pressure on the country's foreign exchange reserves.

2y ago

Bangladesh shouldn’t worry about debt trap

Chinese Ambassador to Bangladesh Li Jiming has said Bangladesh should never worry about bad debt or the so-called debt trap.

3y ago

Payra rail link to cost Tk 40,000cr

The government has to spend more than 40,000 crore to bring Payra Sea Port in Patuakhali and Barishal under the rail network, a study says.

3y ago

Helping 1.75M Poor: WB approves $600m for 2 projects

The World Bank has approved $600 million for two projects in Bangladesh to help over 1.75 million poor and vulnerable people.

3y ago

Hefajat Men’s Wealth: ACC forms body for probe

The Anti-Corruption Commission has formed a three-member committee for an enquiry into the illegal wealth of Hefajat-e-Islam leaders.

3y ago

Dealing with Rohingya Crisis: Donors pledge $340m for this year

Amid the risks of a delayed Rohingya repatriation over coronavirus and unrest in Myanmar, donors yesterday pledged $340m for the Rohingyas and host community in Cox’s Bazar for 2021.

4y ago

Income per capita increases to $2,227

Amid the general economic gloom caused by the Covid-19 pandemic, Bangladesh’s per capita gross national income jumped by more than 9 percent to $2,227 in the current fiscal year from $2,024 in 2019-20.

4y ago

Mawa-Bhanga Expressway: Govt delays toll collection start

The road, transport and bridges ministry has stepped back from its decision to start collecting toll from vehicles using the Dhaka-Mawa-Bhanga Expressway from July this year, as structures required for it are yet to be readied.

4y ago

Rab 'rescues 4 girls from trafficking'

The Rapid Action Battalion (Rab) yesterday claimed to have arrested eight members of a human trafficking gang and rescued four teenage girls supposed to be trafficked into neighbouring countries.

9y ago

Star reporter elected president of Law Reporters Forum

The Daily Star’s senior reporter Ashutosh Sarkar elected president of Law Reporters Forum (LRF) while Didarul Amin, senior reporter of Bangladesh Sangbad Sangstha (BSS) elected its general secretary.

9y ago

US alerts its citizens in Bangladesh

The US Department of State yesterday updated its regular travel information and alerted US citizens in Bangladesh to the ongoing potential for extremist violence in Bangladesh.

9y ago

Five Ctg cops hurt in attack by 'drug dealer', family

Five policemen were injured allegedly in an attack by an accused in three cases for drug trading and attack on on-duty

9y ago

ATM scam: German, 3 City Bank officials remanded

A Dhaka court grants six days remand for each of four people, including a citizen of Germany, arrested over the ATM scam in Dhaka in which at least Tk 20 lakh was swindled out from various booths.

9y ago

Bangabandhu trust bill passed

The House last night passed in voice vote “Bangabandhu Science and Technology Fellowship Trust Bill, 2016”.

9y ago

EBL to compensate ATM fraud victims

Eastern Bank Limited (EBL) will provide compensation to its clients on Thursday whose money was withdrawn from ATM booths across the city by using fake cards.

9y ago

Demand raised for scrapping 'anomalous' circular

Bangladesh Railway Station Master and Karmachary Union yesterday demanded cancellation of the recruitment circular

9y ago

Now squabbles over settlement money grips family

Some of the family members of four-year-old Jihad who died after falling into a deep well shaft on December 2014, in the capital's Shahjahanpur, are squabbling over the settlement money they had received and denying the agreement of withdrawing the case against the two accused.

9y ago

BFUJ faction demands 9th wage board for journos

A faction of the Bangladesh Federal Union of Journalists (BFUJ) yesterday demanded immediate formation of the 9th

9y ago