Dhaka May 14, 2025, 1:42 am
Controlling the exchange rate may encourage the use of illegal channels like hundi by remittance senders
The US envoy said the international companies and investors must become more aware of the opportunities Bangladesh presents
Saudi Ambassador in Dhaka said this while addressing a function organised to observe the 92nd National Day of Saudi Arabia
Importers from Russia, Iran, the United Arab Emirates (UAE), Saudi Arabia, Japan and several other non-western states have expressed interest in paying for Indian exports in rupees
The three obstacles are: declining trade competitiveness, a weak and vulnerable financial sector, and unbalanced and inadequate urbanization. If these three obstacles can be addressed, development will get a boost and growth
They have been sued for increasing prices of rice, oil, wheat flour, egg, and toiletries in the market
According to NBR sources, in the first two months, Tk 10,373 crore have been collected in the income tax sector and Tk 14,863 crore in the customs sector
Before allowing any foreign currency for trading the central bank has to maintain an exchange stander, and stability in line with the IMF standard
According to the Asian Development Outlook (ADO) 2022 Update, Bangladesh's gross domestic product (GDP) is expected to grow by 6.6 percent in the fiscal year (FY23)
He made the call at a meeting with JICA's newly appointed Chief Representative to Bangladesh Tomohide Ichiguchi at the latter’s office at the Secretariat on Wednesday
He made the request while holding a bilateral meeting with visiting World Bank Vice-President for South Asia Region, Martin Raiser, at the ministry in Dhaka
Remittance inflow shows an upward trend as the remitters are encouraged by the depreciation of the taka and they get more than Tk 108 per dollar
Experts also say some 300mmcfd gas could be saved annually thru plugging illegal gas connections, lowering high system loss
Currently, Bangladesh has long term-contracts with Qatar and Oman to import LNG while it also buys liquefied gas from international spot markets on a short term basis
Under the sustainable economic development model of Bangladesh and the Bio-Circular-Green Economy model of Thailand, there are ample opportunities to increase economic cooperation between the two countries
ADB Country Director to Bangladesh Edimon Ginting said this to reporters after meeting Planning Minister MA Mannan at his office on Thursday
Previously, the authorized dealers could maintain foreign currency clearing account with the Bangladesh Bank in the Chinese currency
The environment minister was addressing the LDC Ministerial Meeting held in Dakar, Senegal, on September 14
BD's remittance is increasing while export is rising and import is decreasing. The foreign exchange reserve will again go up to $48 billion soon
Genex Infosys Limited as a lowest bidder won the contract in three lots to supply and install Electronic Fiscal Device (EFD) and Sales Data Controller (SDC) or VAT collecting machines at different types of retail shops
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