Feb 24
Daily News Head Line
Muhith urges UN for Rohingya safe zone PDF Print E-mail

Finance Minister AMA Muhith has met United Nations’ Secretary General Antonio Guteress and pressed for a safe zone for Rohingya refugees in Bangladesh.

A serial defaulter in BB PDF Print E-mail

At a time when the Bangladesh Bank is struggling to tackle the rising bad loans in the banking sector, it found out that one of its senior officials is a loan defaulter of 11 banks.

Provash Chandra Mallick, a general manger of the central bank, has defaulted on loans from 11 banks in a stunning case of misuse of position of power over a three-year period.

Exports slump in Sep PDF Print E-mail

Export receipts came crashing down in the month of September on the back of lower shipments of garment products, after registering a record high in the previous month.

Last month, exports raked in $2.03 billion, down 10.18 percent from a year earlier and 44.23 percent from August that saw the highest receipts in a single month in Bangladesh's history.

Raise more awareness of diabetes PDF Print E-mail

Diabetes should get as much attention as communicable diseases as it is progressively becoming a common ailment in the society, according to a top official of Novo Nordisk.

“It is called epidemic in slow motion and a serious burden globally,” said Sebnem Avşar Tuna, corporate vice-president of the world's biggest insulin maker.

The number of people with diabetes is doubling every decade in every country, she told The Daily Star in an interview in Dhaka last week.

Today, there are 415 million people with diabetes in the world and it would reach 642 million by 2040, according to the International Diabetes Federation (IDF), an umbrella organisation of over 230 national diabetes associations in 170 countries and territories.

BB jacks up dollar sales to keep exchange rate stable PDF Print E-mail


Bangladesh Bank has already surpassed its fiscal 2016-17's sales figure of US dollar in the first three months of the current fiscal year as it scrambles to prevent the slide of the taka against the greenback.

“The local currency would have depreciated to Tk 85 against a dollar if the central bank had not intervened,” said a BB official.

Falling remittance and a surge in imports have created a scarcity of the US dollar, which is mostly used in international transactions and, as a result, the world's primary reserve currency.


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