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

Pubali Bank's missing Tk 50 lakh in Ctg yet to be traced

The amount of Tk 50.50 lakh of Pubali Bank, which went missing on Thursday in Chittagong's Sitakunda upazila, could

9y ago

Tk 50 lakh of Pubali Bank missing mysteriously in Ctg

A total of Tk 50.50 lakh of Pubali bank in Chittagong went missing while some employees were carrying the money

9y ago

Pakistan's willingness to settle assets doubted by Muhith

Finance Minister AMA Muhith yesterday in parliament expressed doubt over whether a “criminal” country like Pakistan would agree to

9y ago

President hopes payscale for journos will be revised

Expecting due government attention to pay scale disparities between one announced recently for public servants and

9y ago

Pvt hospital fined Tk 7 lakh in Dhaka

A mobile court of Md Firoz Ahmed, executive magistrate, yesterday fined capital's Cardio Care Specialized and General Hospital, a clinic,

9y ago

Children's education, loan repayment top priorities

Bangladeshi migrants spend around 10 to 25 percent of their earnings behind their children's education, with high-earning educated

9y ago

Ctg shipping companies, dockyard, med shop fined

A court of Chittagong Port Authority (CPA) yesterday fined ten shipping companies, and a dockyard Tk 4.8 lakh for various irregularities.

9y ago

1.14 lakh bank accounts with Tk 1cr each in 2015

There were 1.14 lakh bank accounts having over Tk 1 crore each in the all of the country’s commercial banks in 2015, says finance minister AMA Muhith.

9y ago

Rana Plaza victims want compensation

The victims of Rana Plaza collapse formed a human chain near the site in Savar, outside the capital, yesterday to press home their

9y ago

Atom scientists to draw old pay until govt removes 'disparities'

Bangladesh Atomic Energy Scientists' Association (BAESA) yesterday decided that its members will keep drawing salaries as per the previous pay scale until the

9y ago