Regional & International Economy

The Pakistani rupee has lost its value significantly against the Bangladeshi taka over the years. Now, the value of the taka has become almost double against the Pakistani rupee.

Prime minister Sheikh Hasina has sought United States investment in various potential sectors apart from the existing energy, banking and insurance sectors as Bangladesh is developing its infrastructure and power supply systems to facilitate FDI.

The Asian Development Bank has launched a new country partnership strategy (CPS) for Bangladesh with a plan to accelerate lending in order to boost competitiveness, employment, green growth and social protection.

Khalid Al-Falih, Saudi Investment Minister, said there is a huge potential for more Saudi investment in Bangladesh as the country has an investment-friendly environment.

Commerce Minister Tipu Munshi today sought  sincere support from Russia for ensuring direct export of Bangladeshi  products including RMG to their market.

Salman F Rahman, the prime minister’s private industry and investment adviser, has urged the Kingdom of Saudi Arabia to grant 137 Bangladeshi products duty-free access to its market.

In a major boost to modernisation of border infrastructure and to further strengthen India’s connectivity with Bangladesh, a new Passenger Terminal Building was inaugurated at Integrated Check Post (ICP) Petrapole on Friday (Sept 17).

Commerce minister Tipu Munshi has urged all parties to support a 12-year extension proposal by the LDC Group in the World Trade Organisation (WTO).

The Bangladesh Bureau of Statistics (BBS) is going to publish the gross domestic product (GDP) growth data every quarter from the next fiscal year.

The per capita foreign debt of the citizens of Bangladesh is Tk 24,890 now, Finance Minister AHM Mustafa Kamal said yesterday. The minister said this in reply to a query from ruling Awami League MP Didarul Alam from Chittagong-4 in the parliament.