Foreign aid also follows remittance and export earnings in a fall in tandem and such low dollar inflows increase pressure on Bangladesh's falling foreign-exchange reserves, sources say. The foreign-aid inflow in July-August period of the current fiscal year (FY) 2023-24 marked a substantial fall, officials said Monday, while debt-servicing liability...
Read moreThe third terminal of the Hazrat Shahjalal International Airport (HSIA) will be inaugurated on Saturday next with an aim to offer passengers international-standard services and turning the airport into a regional aviation hub. Prime Minister Sheikh Hasina is scheduled to open the terminal being developed at a cost of Tk...
Read moreBanks' provision deficit with the regulator has bloated to Tk 214 billion as they couldn't fulfill the cardinal security obligation in banking operations, foreboding deterioration in their financial health. According to the latest statistics available with Bangladesh Bank (BB), the provisioning shortfall in banks widened over 62 per cent to...
Read moreA 5.4-magnitude earthquake was felt in different parts of the country at around 6:45pm on Monday. The epicentre of the earthquake was located around 24km south of Goalpara of India's Assam, at a depth of 10km, according to the United States Geological Survey (USGS).People took to social media to report...
Read moreAn International Monetary Fund (IMF) mission is set to assess progress in compliance with the conditions tagged to a $4.7-billion loan package for Bangladesh, pending release of the next tranche.Officials say a programme-review mission of the IMF is scheduled to meet with the country's revenue authority Thursday for the review....
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