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

Many Lalmonirhat smugglers now prefer vegetable farming

It used to be that Nabir Uddin's six bighas of land in Dighaltari village of Lalmonirhat's Aditmari upazila were permanently uncultivated.

9y ago

Agri loans often fraudulent, controlled by brokers

A good number of sharecroppers and marginal farmers at villages in 45 unions of five upazilas under the district are recorded as loan

9y ago

No 2nd time admission at RU too

Rajshahi University authorities decide to allow only freshly passed HSC students to appear in its admission tests for a single year from the 2016-17 academic session.

9y ago

2 smugglers held with deer skins

Members of Rapid Action Battalion arrested two smugglers with eight deer skins from Mathbaria upazila of the district on Wednesday

9y ago

Week-long Bijoy Mela begins in Thakurgaon

A week-long Bijoy Mela began on Thakurgaon Public Library premises on Wednesday afternoon.

9y ago

Criminals cut down betel plants at Khasi village

Unidentified criminals, numbering 70-80, cut over six hundred betel plants at Sahebtila punjee (village) in Kormodha union under Kulaura

9y ago

Khaleda for unity to ‘save country’ from AL

Terming ruling Awami League an evil force, BNP Chairperson Khaleda Zia calls for a national unity to protect the country from the grip of the party.

9y ago

No wrong in taking World Cup fund from Islami Bank

While an economist accuses Islami Bank of contributing to the economy of fundamentalism, Planning Minister AHM Mustafa Kamal

9y ago

Kibria murder accused Gaus cleared for mayoral race

The election office validates GK Gaus, an accused in the murder of ex-finance minister SAMS Kibria, for the Habiganj municipality mayoral race.

9y ago

Man killed over land dispute

An elderly man was beaten to death and his son injured in a clash over land dispute at Sinduri-Boruria village in Sujanagar upazila under

9y ago