News

The country’s export has fetched $4.73 billion in the month of October as single-month highest which is 60.37% higher than last year. The 60.37% year-on-year rise beat the $3.46 billion target set for the month, said a report released by Export Promotion Bureau (EPB) on Tuesday. Meanwhile, exports increased by …

The second wave of the pandemic, this year, pushed 3.24 crore people — 19.54 percent of the country’s population — into poverty in August, according to a new survey. Power and Participation Research Centre (PPRC) and the Brac Institute of Governance and Development (BIGD) came up with the findings at …

Thai Embassy in Dhaka will organize a road show to celebrate the 50 years of diplomatic relation between Bangladesh and Thailand next year, said Thai ambassador Makawadee Sumitmor at a bilateral business meeting with DCCI on Tuesday. Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI) led the …

Prime Minister Sheikh Hasina has urged the expatriate Bangladeshis all over the world to invest more in Bangladesh as investment opportunities for them have increased in all sectors. “We’ll find out the barriers, if any, in this regard and I assure you all of solving those problems for your convenience …

Consumers will have to count Tk 10 more for each litre of soybean oil under the government’s open market sale (OMS) programme. The Trading Corporation of Bangladesh (TCB) is set to launch OMS of key essential items today (Wednesday) to keep their prices within the buying capacity of common people, …

The United States and the United Arab Emirates on Tuesday used COP26 climate talks to launch efforts to channel funding into making agriculture resilient to climate change, as well as to cut its emissions. The farming industry, a major part of the U.S. economy, is already battling the effects of …

The Asian Infrastructure Investment Bank (AIIB) is set to provide $250 million loan for Bangladesh’s economic recovery from the fallout induced by the Covid-19 pandemic. Fatima Yasmin, secretary of the Economic Relations Division, and DJ Pandian, vice president for investment operations region 1 of AIIB, signed the loan agreement virtually …

Exporters in Bangladesh have kept setting new records as merchandise shipment fetched $4.72 billion in October, the highest single-month receipts. The earnings were 60.37 per cent higher year-on-year, data from state-owned Export Promotion Bureau (EPB) showed yesterday. October’s receipts shattered the previous single-month highest export earnings posted in September when …

Seaweed farming holds enormous prospect for Bangladesh to expand its blue economy as the marine plants and algae have multipurpose applications in industries like food, cosmetics, pharmaceuticals and fertilizer in local and global markets, according to experts in this field. To promote seaweed farming commercially, the country needs to develop …

The flow of inward remittances dropped further in October after money transfers through informal channels such as hundi resurfaced after a lull caused by the coronavirus pandemic. The money sent home by Bangladeshis working abroad amounted to $1.65 billion in October 2021, down by $79 million from the previous month’s …