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Current News

In spite of declining customer growth, GP reports 5.7% revenue increase in the third quarter

In the first nine months of the current year, Grameenphone, the largest telecom provider in the nation, recorded total revenues of Tk11,286.75 crore. According to the operator’s financial reports, it registered a growth of 5.7% from the same period last year. The growth comes despite losing 2.9 million subscribers in …

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Modern training centre opened at Rooppur Power Plant

Following the strict rules and regulations, a new and modern training centre was established to train operating personnel for Rooppur Nuclear Power Plant (RNPP) at Ishwardi, Pabna. “Bangladeshi personnel will be trained in specialized classrooms and other facilities with state-of-the-art equipment,” Director General of Rosatom State Corporation Alexey Likhachev said. …

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Bangladesh forex reserves sink below $36 billion despite spending restrictions

Bangladesh’s foreign currency reserves have dropped below $36 billion, 28 months after crossing the mark, despite the government’s austerity measures to save dollars, bdnews24.com reports. According to the Bangladesh Bank, the reserves stood at $32.48 billion in December 2019 and it began rising afterwards. The reserves reached $48 billion, a …

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Resource constraints hinder export diversification: Experts

Resource constraints, including shortage of capital, required policy support and failure to attract desired foreign direct investment (FDI) in the country’s potential sectors, are the major obstacles in diversifying export baskets over the years, experts and economists said on Thursday. Moreover, absence of integrated trade and sector strategies and follow-on …

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