Business

The World Bank could come up with a little over $2 billion in support to Bangladesh in the current fiscal year (FY25), which would comprise budget support and assistance in important projects in health, energy and other sectors, reports BSS. Martin Raiser, World Bank’s Regional Vice President for South Asia, said this after a meeting with Finance Adviser to the ...

Md Fazlur Rahman, additional secretary of the water supply division under the Local Government Division, has been appointed as the managing director (MD) of Dhaka Water Supply and Sewerage Authority (WASA). The Local Government Division under the Ministry of Local Government, Rural Development and Co-operatives issued a circular in this regard on Wednesday (September 18). Fazlur was assigned this additional ...

Adviser to the Ministry of Posts, Telecommunications, and Information Technology Nahid Islam has urged Banglalink representatives to introduce unlimited internet packages to meet public demand. He made the request during a meeting with a delegation of Banglalink at the ministry’s office on Wednesday. Nahid Islam, also the Adviser of the Ministry of Information and Broadcasting, emphasised the importance of reducing ...

A female garment worker was killed during a clash between two groups of workers in Ashulia’s Zirabo area on Tuesday morning. At least 15 to 20 more were injured in the clash, claimed the workers. The deceased was identified as Rokeya Begum. She worked as assisting sewing machine operator at Mascot Garments. The incident happened in the morning in front ...

Bangladesh’s foreign exchange reserves have crossed $24 billion. “According to the latest data, foreign exchange reserves amount to $24.3 billion. It is close to $20 billion according to the BPM-6 calculation standard of the IMF,” said Bangladesh Bank (BB) spokesperson Husne Ara Shikha in a video message here Tuesday, BSS reports. Net reserves are calculated according to the International Monetary ...

Following the fall of the Awami League government and restricted visa operations by the Indian embassy in Bangladesh, NovoAir has suspended its flights on the Dhaka-Kolkata route due to decreased passenger numbers. “Most travellers from Bangladesh are unable to go to India because they are not getting visas,” said NovoAir Head of Marketing and Sales Mesbahul Islam. “That is why ...

The amount of loans disbursed and money invested by the country’s Shariah-based banks was way higher than the deposits they collected by the end of June this year, said sources. According to the Bangladesh Bank data, deposits in the Shariah-based banks collectively reached around Tk4.40 lakh crore as of 30 June this year, while these banks’ investments stood at around ...

The government on Sunday fixed the retail prices of per egg at Tk 11.87, sonali chicken at Tk 269.64 per kilogram and broiler chicken at Tk 179.59 per kilogram. A letter, signed by Director General of Department of Livestock Dr Mohammad Reajul Huq in this regard, was issued on Sunday. The prices of egg in the production level has been ...

British Bangladesh Chamber of Commerce and Industry (BBCCI) Discusses Challenges and Collaborative Opportunities with Business Secretary Jonathan Reynolds MP The British Bangladesh Chamber of Commerce and Industry (BBCCI) held a significant meeting today with The Rt Hon Jonathan Reynolds MP, Secretary of State for Business and Trade, at Hyde Town Hall, Cheshire. The event, organised by Mizanur Rahman Mizan, President ...

The interim government today fixed the prices of eggs, sonali chicken and broiler chicken at Tk 11.87, Tk 269.64, and Tk 179.59 respectively at the retail level. The prices of egg in the production level has been fixed at Tk 10.58 while Tk 11.01 at wholesale level. The prices of broiler chicken in production level has been fixed at Tk ...