Current News

US-Bangla Airlines has taken long-term lease of two ATR 72-600 aircraft from TrueNoord.

The US Treasury Department on Monday dropped its designation of China as a currency manipulator days before top officials of the world’s two largest economies were due to sign a preliminary trade agreement to ease an 18-month-old tariff war.

Increased private sector credit flow will ensure more investment and economic growth, said the newly elected Board of Directors of Dhaka Chamber of Commerce & Industry (DCCI) on Tuesday.

Britain’s economy has stalled, official data showed Monday, as Brexit and political uncertainty contributed to slashing manufacturing output, heaping pressure on the Bank of England to cut interest rates.

The government has appointed Nazrul Huda, a former deputy governor of the central bank, as a member of Bangladesh Bank’s Board of Directors.

The World Bank, or WB, is likely to provide US$4.50 billion in loans to Bangladesh over the next three-years, officials said on Monday, the same level as the current portfolio.

Iraqi officials fear economic “collapse” if Washington imposes threatened sanctions, including blocking access to a US-based account where Baghdad keeps oil revenues that feed 90 per cent of the national budget.

Leather and footwear, plastics and light engineering have been identified as the potential sectors, which can help diversify the country’s export basket.

President Donald Trump is set to sign a trade deal with China on Wednesday that he will trumpet as a major victory, but it comes at a steep cost after a bitter two-year standoff between the world’s two top economic powers.

Le Méridien Dhaka began its journey a little over four years ago but the upscale hotel has already been able to win the hearts of both travellers and locals alike.