WB plans $3.5b support for BD reform initiatives
Another dollop of US$3.5 billion will come from the World Bank to provide fund support to Bangladesh interim government's comprehensive reform initiatives.President of the World Bank Ajay Banga announced the support during a meeting with Bangladesh Chief Adviser Professor Muhammad Yunus on the sidelines of the UN General Assembly at...
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Most apparel brands did not shift orders from Bangladesh
A dozen out of 20 surveyed global apparel buyers have not shifted their work orders from Bangladesh despite the unrest in the country amid student-mass uprising.The brands are Adidas, ASDA, C&A, H&M, Inditex, Marks & Spencer, Next, Puma, PVH Corp, Tesco, Primark and Walmart.They reportedly affirmed that they have not...
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Government debt at last fiscal end ballooned
Commercial banks' borrowing from the central bank made a significant rise by the end of June last with the outstanding figure having soared by Tk 370 billion in just three months from March-end period, banking on government need for deficit financing.Officials and bankers have said the government domestic bank borrowing...
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Relocate factories to BD, CA tells Chinese FM in NY meet
Beijing encourages greater cooperation and partnership between companies of Bangladesh and China, Chinese foreign minister Wang Yi apprised the head of Bangladesh's interim government.He also said China wants to invest in solar panels in Bangladesh and deepen trade and economic ties with Dhaka.Mr Wang Yi made the announcement when he...
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Shakib declares retirement from Tests, T20
Amid criticism for his political career and off-form, former Bangladesh captain and all-rounder Shakib Al Hasan announced his retirement from Tests and T20 Internationals, reports UNB.This somewhat shocking announcement came when the Bangladesh team was gearing up for the second match of the two-match Test series against the hosts, India,...
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Prayer Timings (2024-09-27)
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Briefing 2024-09-27
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