BD, China reaffirm commitment to strategic partnership
Bangladesh and China on Wednesday reaffirmed their commitment to further strengthening the comprehensive strategic cooperative partnership between the two countries during bilateral talks held in Beijing.Foreign Minister Dr Khalilur Rahman held discussions with Chinese Foreign Minister Wang Yi, focusing on investment, energy cooperation, connectivity, people-to-people contacts and expanding bilateral trade,...
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Commercial engagement with BD a key priority for India
India is ready to work towards constructive, pragmatic and forward- looking relationship with Bangladesh based on "mutual respect and benefits", India's foreign secretary reaffirms their position after regime changes. "We are ready to work with Bangladesh new government elected by its people in February last. We want the relationship to...
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April inflation goes past 9.0pc mark
People pay through their nose as the persistent Gulf turmoil impacts Bangladesh's consumer-price indices with overall inflation having hit a near-double-digit high at 9.04 per cent in latest official count.Official data released Wednesday for the past month shows the most significant pressure comes from transport sub-sector, where inflation jumped to...
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Factories needing smaller working capital to get priority
An around Tk 200-billion kiss of life to midsize industrial units remaining shut after the July-August 2024mass uprising is planned to help resume factory production and protect jobs. The central bank may initially provide the special funds for those industries closed due to various factors, exchange-rate shock in particular, officials...
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First PPP-based solar power plant to be set up at Sonagazi
The country's first solar power plant under the Public-Private Partnership (PPP) model is set to be established in Sonagazi upazila of Feni district on land owned by the Bangladesh Economic Zones Authority (BEZA), officials said.Stakeholders welcomed the initiative, saying renewable-energy projects developed with government land and private investment could provide...
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Trade deficit widens to $19.2b in Jul-Mar FY'26
Bangladesh's trade balance deteriorated significantly during the July-March period of the current fiscal year, driven by a decline in merchandise exports, according to central bank data.The Bangladesh Bank, which compiles the balance-of-payments (BoP) data, reported that the trade deficit stood at US$19.2 billion during the period under review.Export earnings fell...
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Depositors of six troubled non-bank financial institutions stage a silent protest in front of Bangladesh Bank
Depositors of six troubled non-bank financial institutions stage a silent protest in front of Bangladesh Bank in the capital's Motijheel on Wednesday, demanding the return of their savings and punishment for those responsible for irregularities and looting in the sector. — FE Photo by K Asad-Uz-Zaman Story on Page 8
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US, Iran 'closing in on' memorandum to end war
ISLAMABAD/WASHINGTON, May 6 (Reuters): The United States and Iran are closing in on an agreement on a one-page memorandum to end the war in the Gulf, a source from mediator Pakistan familiar with the negotiations said.The Pakistani source said a report earlier by the U.S. media outlet Axios on the...
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