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Nearly 5 lakh Bangladeshis to become extremely poor for higher inflation: WB

Dhaka, April 4 -- Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank. "Weak... Read More


IMF stresses meeting forex reserves target to get third tranche of $4.7b loan

Dhaka, April 4 -- The International Monetary Fund (IMF) has emphasised meeting the target of the foreign exchange reserve set for March 2024 as a condition of $4.7 billion in loan support for Banglade... Read More


NBR to take pre-arrival processing for imports faster

Dhaka, April 3 -- In a bid to streamline import procedures and curb false declarations, the National Board of Revenue (NBR) has introduced new regulations regarding the submission of import general ma... Read More


FitsAir launches its operation

Dhaka, April 3 -- Sri Lanka's first ever private airline company FitsAir is going to start Dhaka-Colombo direct flights this April. The budget airline aims to provide best services to the passengers ... Read More


Liquidity support: Intermediaries to get Tk100cr loan at 8.25pc interest

Dhaka, April 3 -- To enhance liquidity support in the stock market, an agreement has been signed to disburse Tk100 crore among intermediaries at 8.25% interest. The Capital Market Stabilization Fund ... Read More


Beximco allowed to issue Tk2,625cr bond

Dhaka, April 1 -- The Bangladesh Securities and Exchange Commission (BSEC) has allowed Beximco Limited to issue a zero-coupon bond worth Tk2,625 crore for repaying high worth debt and investing in Sre... Read More


FBCCI president urges businessmen to remain active to keep market stable

Dhaka, March 31 -- Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Mahbubul Alam on Saturday called upon the businessmen and traders at the field level to remain active to... Read More


Nepal to facilitate Bangladeshi investors through Investment Summit next month: Envoy

Dhaka, March 31 -- Nepal has invited global investors, including investors from Bangladesh in joint venture, as the Himalayan country is eyeing towards growth and shared prosperity. "We stand ready t... Read More


Foreign loan commitment jumps up 300pc in Jul-Feb

Dhaka, March 30 -- Although foreign aid commitments made to Bangladesh by global lenders surged more than 300 percent year-on-year in the first eight months of the current fiscal year of 2023-24, disb... Read More


Swedish delegation explores Fakir Apparels for sustainability

Dhaka, March 29 -- Swedish delegation visit to Fakir Apparels shed light on the challenges faced by the sector, including issues related to the GSP, achieving net zero emissions, and ensuring sustaina... Read More