Bangladesh
Bangladesh
GDP size increased to $465 billion
Staff Correspondent: The growth has increased temporarily to 6.25 percent till March of FY 2021-22, which was 8.94 percent last year. At the same time, the size of GDP has increased to $475 billion. The information was given by Planning Minister MA Mannan after the ECNEC meeting at the NEC…
Read More »PM invites US investors offering best possible policy
Staff Correspondent: Prime Minister Sheikh Hasina yesterday invited the businessmen of the United States with the assurance of best possible policy framework to take up the investment friendly atmosphere here in Bangladesh.“With strong prospect, I will now assure you of the best possible policy framework to ease our business and…
Read More »Start of Hajj flights on schedule uncertain
Staff Correspondent: It might not be possible for the government to start this year’s Hajj flights on May 31 in the absence of a Hajj package and lack of preparations on the part of Hajj agencies.Apart from announcing the date for commencing the Hajj flights, airfare has already been fixed…
Read More »Recruiters demand open manpower export
Industry Desk: Owners of manpower recruiting agencies have demanded open recruitment from all legal agencies of Bangladesh. At a press conference yesterday at National Press Club, they expressed their stand against the decision to allow a 25-agency syndicate to send workers to Malaysia.The “Bangladesh Association of International Recruiting Agencies (Baira)…
Read More »Value of Taka decreased by 25 paisa
Staff Correspondent: The price of US dollar has risen in the country in a day. On Tuesday (May 10), the dollar is being traded at Tk 86.70 per dollar in the interbank currency market. The previous day was Tk 86.45 per dollar. The rupee depreciated by 25 paise against the…
Read More »US entrepreneurs keen to join BD growth story
Diplomatic Correspondent: Entrepreneurs of the United States have expressed their interest to be a part of Bangladesh’s development and private sector transformation.They expressed their spirit of collaboration on Monday while having a meeting withBangladeshi business and the Bangladesh government at the US-Bangladesh Business Summit jointly organized by the Federation of…
Read More »Traders identified those creating oil crisis: Tipu
Staff Correspondent: Those who have created crisis in the country with edible oil have been identified. Commerce Minister Tipu Munshi said the information of these traders would be released. He made the remarks at a press briefing yesterday in the meeting room of the Commerce Ministry at the Secretariat.Asked whether…
Read More »Crisis creating traders must come under law
Edible oil price hike Mahfuja Mukul: The Global Economist Forum (GEF), a consultant body of the United Nations has demanded exemplary punishment against the involved oil gamblers in Bangladesh during the holy month of Ramadan and Eid-ul-Fitr, the main festival of the majority Muslim community. The unscrupulous traders must face…
Read More »RMG to get export subsidy on 20pc value addition
Staff Correspondent: Apparel exporters in the country will now get cash incentives and subsidies from the government on exports with a 20% local value addition as the Bangladesh Bank has lowered the threshold for value addition from 30%.The central bank issued a circular to this effect yesterday.Local value addition is…
Read More »PM seeks ADB support to
implement Delta PlanStaff Correspondent: Prime Minister Sheikh Hasina yesterday sought support from the Asian Development Bank (ADB) to implement the Delta Plan-2100, saying, “It is very important for Bangladesh.”The premier made the request when Vice President of ADB (Operations-1) Shixin Chen paid a courtesy call on her at her official Ganabhaban residence…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
