National,Front Page
The monthly toll collection target from the Padma Bridge has been set at Tk 133.66 crore, and for the year, Tk 1,703 crore.Apart from the maintenance of the bridge, the Bangladesh Bridge Authority will repay the loan for the construction cost with this money.The bridge authority will pay Tk 36,000 c...
Finance Minister AHM Mustafa Kamal is likely to place a Tk 6,78,064 crore budget for the next fiscal year (FY23) at the Jatiya Sangsad today (Thursday) amid a new pressure on the economy caused by inflation.This will be the country's 51st budget and the 23rd of the Awami League government in fiv...
Controlling inflation and price of the dollar are a big challenge in the fiscal 2022-23 budget as these indicators have emerged as a new pressure on the economy.Inflation has been above 6 percent for three months. All daily commodities including rice, pulses, flour, and oil are being bought and eate...
Bangladesh Bank has sold a record of $6 billion directly to commercial banks from the foreign exchange reserves to stabilize the forex market during the first 11 months in the current fiscal.Market analysts said the Central Bank has never released such high amount in its history of Bangladesh in a f...
National,Back Page
The cost of Dhaka- Ashulia Elevated Expressway project goes up by Tk 651 crore due to an increase in the value of the dollar.This project has a Tk 9,692 crore loan from China and the entire amount has to be repaid in dollars. As a result, the cost of the project is rising.When the project was passed...
Depending on higher remittance inflows, the country's foreign exchange reserves are again rising to stand at $42.40 billion on Sunday last. The reserve fell to $41.90 billion on May 9 after paying a record $2.24 billion of import bills due to rising import costs. After that, the reserves we...
The government will increase monthly allowance for persons with disabilities under the social security programme in the next budget for fiscal 2022-23.More protection will be given to the disabled people in the next budget with both monthly allowance and coverage increased, officials of the Ministry...
The government will increase the programmes of distributing rice at the rate of Tk 10 per kg to the extremely poor families in the upcoming budget under the food-friendly programme. Under the programme each family will get 30 kg of rice every month.In the context of the proposed budget Dr Shams...
The government has taken various initiatives to increase the country’s foreign exchange reserves due to economic instability in the country.The government has already instructed not to take up new projects without urgency as part of curbing government spending to prevent the dollar crisis in t...
Bangladesh ranks top in the list of emerging economies of the world that succeeded in maintaining its currency value despite the value of currencies against the dollar continuing to decline worldwide largely due to the war between Russia and Ukraine, a study says.This information was presented by Aw...
The price of US dollar has come down to Tk 96 in the open market or curb market just two days after crossing Tk 104.On Tuesday, the price of the greenback surpassed Tk 100 to stand at Tk 104 while on Wednesday it came down to Tk 100.Market analysts said some businessmen, who bought dollars from the ...
The government is going to give priority to the mechanization of the agriculture sector in the budget for the next fiscal, 2022-23. The move is aimed at increasing employment and internal investment by giving focus on domestic industries.Officials of the Finance Ministry said that in the forthc...
Bangladesh’s readymade garment (RMG) exports have surpassed the $35.14 billion target for the current fiscal 2021-22 within the first 10 months as the country showed economic stability despite the global crisis.Exporters said the export order on the RMG sector has rapidly increased on continui...
Bangladesh Bank has sold a record of $5.10 billion directly to commercial banks from the foreign exchange reserves to stabilise the forex market during the last 10 and a half months.Market analysts said the demand for US dollars rose significantly in the inter-bank foreign exchange market as the cou...
Bangladesh Bank sold a record about $4.50 billion directly to the commercial banks from the foreign exchange reserves to prevent the rise in the value of dollar against Taka.Experts said the demand for US dollars has increased in the inter-bank forex market as the country's import demand picked ...
The government has undertaken an initiative to set up training and incubation centers for IT training across the country with the aim of transforming the communication technology sector into one of the driving forces of the country’s economy.The government is emphasizing information technology...
In just nine months export earnings to India touched a record high of US$ 1.5 bln for the first time. Many businessmen see this as a great opportunity to further develop economic relations with the neighboring country.Despite the good news, the Bangladesh – India trade deficit is still a ...
Remittance inflows are witnessing rapid growth with expatriates sending more money to their families ahead of the upcoming Eid.Remittance inflow has increased to stand at $1.40 billion in the first 21 days in April 2022 because of the raised cash incentive to remittance senders.This important index ...
The government has taken special initiative to facilitate the transportation of containers from Chittagong, Mongla and Payra ports by inland waterways.For this an Inland container and bulk terminal will be constructed at Khanpur in Narayanganj near Dhaka. This will promote regional and sub-regi...
Remittance inflow has been recorded high as the coronavirus situation has improved worldwide and the country has recently sent many migrant workers. The remittance inflow has led the country to a smoother economy.Although the month-wise overseas employment in January and February of 2022 decrea...
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