News

The Pakistani rupee has lost its value significantly against the Bangladeshi taka over the years. Now, the value of the taka has become almost double against the Pakistani rupee.

The goods transport owners and workers’ association enforced a 72-hour countrywide strike from Tuesday morning to press for implementation of their 15-point demand, badly disrupting delivery of goods across the country.

The government on Tuesday lowered the rate of return on savings schemes.

Prime minister Sheikh Hasina has sought United States investment in various potential sectors apart from the existing energy, banking and insurance sectors as Bangladesh is developing its infrastructure and power supply systems to facilitate FDI.

The Asian Development Bank has launched a new country partnership strategy (CPS) for Bangladesh with a plan to accelerate lending in order to boost competitiveness, employment, green growth and social protection.

As per the guideline, when clients fail to pay back loans, banks can take over the assets through legal channels and the assets are called non-banking assets

Khalid Al-Falih, Saudi Investment Minister, said there is a huge potential for more Saudi investment in Bangladesh as the country has an investment-friendly environment.

Commerce Minister Tipu Munshi today sought  sincere support from Russia for ensuring direct export of Bangladeshi  products including RMG to their market.

Freelancers who work to export software and IT enabled services are going to get 4 per cent cash incentive along with exporters of locally grown tea, bicycle and parts, steel products and cement sheets in the current fiscal year.

The Bangladesh Bank (BB) has brought relaxation in foreign-exchange regulations in export, import, remittance and other trade services to overcome economic challenges of the Covid-19 pandemic, said BB deputy governor Ahmed Jamal on Monday.