president s.korea

S. Korea president announces record $19 bn plan to boost chip industry

South Korean President Yoon Suk Yeol on Thursday announced a record $19-billion-dollar support plan for the country’s crucial semiconductor industry. South Korea is home to the world’s top memory chipmakers Samsung Electronics... Read more »
Australia Enhances Trade Ties, Backs Bangladesh Reforms

Australia Enhances Trade Ties, Backs Bangladesh Reforms

Australia will increase funding for the Australian Trade Agency to enhance economic engagement with Bangladesh and support its economic reforms as it graduates from least developed country status, Australian Foreign Minister Penny... Read more »

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bangladesh economy

Bangladesh’s Economy to Grow at 5.82% in FY24, Says BBS

The Bangladesh Bureau of Statistics (BBS) has projected that the country’s economy will grow at a rate of 5.82% in the current fiscal year (FY24), ending on June 30. This provisional estimate... Read more »
remittance bangladesh roadshow usa

30 Bank MDs Head to USA for Major Bangladesh Roadshow

Bangladesh to Host Major Roadshow in the USA to Boost Dollar Deposits Next Friday, on May 24, Bangladesh will host a significant roadshow in the USA, featuring 30 managing directors from various... Read more »
"Bangladesh's Reserve Strengthens with $1.31B Loan Influx"

Bangladesh’s Foreign Reserves Dip Below $19bn Mark

During the eleventh month of the current fiscal year, the country’s foreign currency reserves have fallen below $19 billion for the first time. After paying off some import bills, the reserves have... Read more »
india teesta hasan mahmud

India Shows Interest in Funding Bangladesh’s Teesta Project

India has expressed interest in financing Bangladesh’s Teesta project, announced Foreign Minister Hasan Mahmud. Speaking to reporters after a meeting with Indian Foreign Secretary Vinay Mohan Kwatra, Mahmud stressed the importance of... Read more »
bangladesh bank bb

BB Raises Dollar Price to Tk 117

The Bangladesh Bank (BB) has adjusted the dollar price to Tk117 from Tk110 by introducing the crawling peg exchange rate mechanism. Under this new approach, the bank will buy and sell dollars... Read more »
"IMF Board Approves Release of $689 Million to Bangladesh"

IMF’s third instalment of loan confirmed

The International Monetary Fund has finally given Bangladesh the green signal for $681 million as the third instalment of the lender’s $4.7 billion loan package. The visiting delegation of the lender has... Read more »
sheikh hasina

Settle disputes through dialogue, say ‘no’ to wars: PM Hasina at UNESCAP meet

Prime Minister Sheikh Hasina today (25 April) called for speaking out against all forms of aggression and atrocities, and say ‘no’ to wars. “We must speak out against all forms of aggression... Read more »
bangladesh qatar

Bangladesh, Qatar Sign 10 Cooperation Contracts

Bangladesh and Qatar signed 10 cooperation documents on Tuesday, including five agreements and five MoUs, aimed at strengthening ties and elevating relations to new heights. Prime Minister Sheikh Hasina and Qatar’s Emir... Read more »