"IMF Board Approves Release of $689 Million to Bangladesh"

IMF Board Approves Release of $689 Million to Bangladesh

The International Monetary Fund (IMF) has approved the release of $689 million in the second tranche of the $4.7 billion loan package allocated for Bangladesh. Finance Minister AHM Mustafa Kamal late last... Read more »
renata

Renata Expands Global Footprint with Entry into Australian Pharmaceutical Market

Renata Limited – one of the leading drugmakers in the country – has put its footprints into the Australian pharmaceutical market for the first time. As part of its global market strategy,... Read more »

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Asian Markets

Asian Markets React to Wall Street Surge Amidst US Jobs Data Anticipation

Asian markets experienced fluctuations on Friday as investors attempted to follow a Wall Street surge ahead of crucial US jobs data. Tokyo faced a setback from an extended yen rally, fueled by... Read more »
putin russia

Putin Asserts Unstoppable Russian Development at VTB Investment Forum

Russian President Vladimir Putin expressed unwavering confidence in Russia’s development, asserting that no external force can impede or decelerate the country’s progress. Speaking at the VTB Investment Forum “Russia Calling!”, Putin emphasized... Read more »
china export

China Navigates Economic Hurdles as November Exports Show Improvement

Chinese exports rebounded in November, breaking a seven-month streak of decline, as reported by the General Administration of Customs (GAC). Overseas shipments registered a 0.5 percent year-on-year increase, reaching $291 billion, surpassing... Read more »
foreign minister kosovo

Foreign Minister Urges Kosovo to Tap into Skilled Workforce & Import from Key Sectors

The Foreign Minister, in a meeting today with the outgoing Kosovo ambassador Güner Ureya, urged Kosovo to recruit skilled human resources and consider importing high-quality readymade garments and pharmaceuticals from Bangladesh. The... Read more »
BGMEA

BGMEA Joins Hands with Simon Project for Comprehensive Health Data Collection in RMG Sector

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has expressed its endorsement for the Simon Project, an initiative led by the Simon Institute in London, UK, and jointly funded by Associated British... Read more »
IMO Council

Bangladesh’s Debut Victory in IMO Council Signals Maritime Leadership 2023

Bangladesh has emerged victorious in the International Maritime Organization (IMO) council election 2023 in category C, securing 128 votes out of the 175-member council. This marks the first time Bangladesh has won... Read more »
dollar trade bangladesh

Dollar Slides as Traders Bet on Fed Rate Cuts Amid Inflation Battle

The US dollar continued its decline on Wednesday as traders increased bets on the Federal Reserve cutting interest rates in the coming year, fueled by optimistic statements from officials regarding the battle... Read more »
bangladesh australia

Readymade Garment Showcase – 19 Bangladesh Firms Make Impact in Australia

The “Global Sourcing Expo Melbourne 2023,” a three-day international trade exhibition, commenced today at the Melbourne Convention and Exhibition Center in Australia. The event is facilitated by the Bangladesh High Commission in... Read more »