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Current News

Indexes show Bangladesh’s better performance in containing essentials price

Bangladesh’s performance appeared better in containing price of essentials compared to its neighbours despite a worldwide inflation, largely caused by the global political crisis, a situation that emerged when the COVID-19 pandemic slowed down the economic growth across the globe. The South Asian countries like most nations elsewhere currently witnessing …

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Petroleum prices may go up: Nasrul

State minister for power, energy, and mineral resources, Nasrul Hamid, has said that the government is considering a hike in petroleum prices from next month. ‘But the decision will come after discussion with all stakeholders, including transport business operators,’ he said on Friday. He said that the state-owned Bangladesh Petroleum …

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BB to review FBCCI plea to ease rules of loan classification

Bangladesh Bank yesterday said it would review a proposal from the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to reinstate the relaxed loan classification policy until December this year. Md Serajul Islam, spokesperson of Bangladesh Bank, came up with the remark after a bankers’ meeting between the higher-ups …

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ADB provides $250m to boost social protection in Bangladesh

Bangladesh Government and the Asian Development Bank (ADB) today signed an agreement for a US$250 million policy-based loan to further improve the social protection system in Bangladesh for supporting the vulnerable population against socioeconomic challenges. Fatima Yasmin, Secretary, Economic Relations Division, and Edimon Ginting, Country Director, ADB, virtually signed the …

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