Current News

Although the allocation for water, sanitation and hygiene has increased significantly in the proposed budget, an inadequate allotment for rural and hard-to-reach areas poses a challenge for achieving the Sustainable Development Goal 6, experts said yesterday.

Malaysia’s annual inflation rate in May remained unchanged at 0.2 per cent for the third month in a row, government data showed on Wednesday.

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 10 development projects involving Tk 69 billion (Tk 6,967 crore), including modernization of 21 metre-gauge diesel-electric locomotives of Bangladesh Railway (BR).

Bangladesh missions abroad will play as a catalyst to promote economic growth by attracting foreign direct investment.

Loan defaulters will be barred from paying off their debts with 2 per cent down payment and 9 per cent interest rate as the High Court has extended its freeze on a Bangladesh Bank circular by two months.

Bangladesh Garment Manufacturers and Exporters Association president Rubana Huq on Tuesday said that the wage payment system of RMG workers was going to be digitised soon.

Asian equities suffered fresh losses, the dollar rose and gold retreated Wednesday after top Federal Reserve officials dented hopes for a big interest rate cut next month, while traders are also fretting over this week’s meeting between Donald Trump and Xi Jinping.

Bangladesh needs investment worth US$40 billion for increasing electricity generation to 60,000MW by 2041, according to power division sources.

DHAKA: Share price indices at the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –witnessed positive trend as market opened on Tuesday (June 25).

US chipmakers are still selling millions of dollars of products to Huawei despite a Trump administration ban on the sale of US technology to the Chinese telecommunications giant, according to four people with knowledge of the sales.