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.

4y 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

Four loaders jailed for stealing US$ 4,000 at Dhaka airport

A mobile court yesterday jailed four loaders for one year each for stealing US$ 4,000 from a passenger's luggage at the capital's Hazrat Shahjalal International Airport.

9y ago

Robber killed in Jessore

An alleged robber was killed in a 'gunfight' between his cohorts and Detective Branch (DB) of police on Jessore-

9y ago

Arms trader arrested

Members of Rapid Action Battalion (Rab) arrested an alleged arms trader with two pistols, four magazines and 14 bullets in Kanthalpara Jakherbagan...

9y ago

$185m deal signed for improving secondary education

The Asian Development Bank (ADB) and the Bangladesh government yesterday signed a loan agreement for $185 million for improving secondary education system and building the foundation for developing a skilled labour force.

9y ago

Bandwidth export starts Dec 1

Bangladesh Submarine Cable Company Ltd (BSCCL) will start exporting bandwidth – 10 gigabits per second – to Indian state of Tripura form December 1.

9y ago

Babar at DMCH for checkup

Former state minister for home Lutfozzaman Babar has been taken to Dhaka Medical College and Hospital for medical checkup.

9y ago

South Korea to give $350 million loan

South Korea will provide a loan of US$350 million between 2015 and 2017 for infrastructure development in

9y ago

ADB, Japan to help raise sustainable surface water use in Dhaka

The Asian Development Bank and the Government of Bangladesh yesterday signed a letter of agreement for $1 million

9y ago

2 held with 2000 Yaba tablets

Police in separate drives arrested two people with 2,000 Yaba tablets in two upazilas of the district early yesterday. On

9y ago

Listed criminal killed

A listed criminal was killed allegedly by an unidentified gang in Gohatta area under Sonargaon upazila of the district on Wednesday. The

9y ago