FE Today Logo

Garment exports to India fall 22pc in July-March

Bangladesh has seen a 22.31-percent year-on-year decline in garment exports to India during the first nine months of the current fiscal year, data shows, despite an increase in shipments to other non-traditional markets.Exporters point at shrinking demand in India and the growing influence of the "self-reliant India" campaign for the...

Read more

JICA suggests updating grid frequency

The power grid of Bangladesh needs to be prepared immediately to accommodate sophisticated power sources like Rooppur nuclear power plant that is scheduled to evacuate 2,400 megawatts of power in the coming years.A Japan International Cooperation Agency (JICA) has made the suggestion in a recent study report.It has also proposed...

Read more

France to provide Euro 300m budget support

Bangladesh has secured Euro 300 million in loan as budget support from France which will be disbursed over the next three years.The France development partner-AFD on Monday confirmed the concessional loan through an agreement with the Economic Relations Division (ERD), a press release from the ERD said.ERD Secretary Md Shahriar...

Read more

PM directs strict mkt monitoring

Prime Minister Sheikh Hasina on Monday directed the State Minister for Commerce to start monitoring the market strictly, reports UNB.She made this directive during an unscheduled discussion at the cabinet meeting chaired by her at PM's office in the city.Cabinet Secretary Md Mahbub Hossain briefed reporters at Bangladesh Secretariat after...

Read more

Bangladesh won't accept any more Rohingya: FM

Bangladesh cannot take anymore Rohingya refugees, said Foreign Affairs Minister Dr Hasan Mahmud on Monday.Asked whether Bangladesh will allow influx of Rohingya people who reportedly assembled on the border due to the fierce fighting in the Rakhine State of Myanmar, the minister categorically said, 'This is impossible for us as...

Read more

Inward remittance rises by 4.75pc

The amount of inward remittances collected and disbursed through the country's agent banking increased by 4.75 per cent in the January-March quarter this year over the previous quarter.At the end of March 2024, the amount of inward remittances through agent banking rose to Tk 1.49 trillion, according to the Bangladesh...

Read more

JS goes into first budget session June 5

The 12th parliament will go into the first budget session on June 5 next for the placement of the proposed national budget for the fiscal 2024-2025 on the following day there, reports UNB.President Mohammed Shahabuddin on Monday summoned the 3rd session (budget session) of the 12th parliament, exercising the power...

Read more

ABB deplores media reports on bank MDs' visit to USA

The Association of Bankers Bangladesh Limited (ABB) has expressed concern over what it termed incorrect and misleading reports regarding the participation of some managing directors in two upcoming events in the US.The United States Department of Justice (DOJ), Office of Prosecutorial Development, Training, and Assistance (OPDAT), in collaboration with the...

Read more

Animal health cos seek withdrawal of radioactive testing provision

Local animal health companies have sought withdrawal of the proposed radioactive-testing provision for their import consignments of different fish/animal feed, feed supplements and feed additives as such requirement, they said, increases extra costs for them.Recently, the Animal Health Companies' Association of Bangladesh (AHCAB) has requested the commerce ministry to take...

Read more

BD missions, India working to locate missing MP

Bangladesh High Commission in New Delhi and Deputy High Commission in Kolkata are in touch with the Ministry of External Affairs, India regarding alleged missing of Anwarul Azim Anar, MP, reports UNB.The Deputy High Commission in Kolkata has sent formal communication to the MEA Branch Secretariat in Kolkata on May...

Read more

ERF demands withdrawal of ban on journs' access to BB

The Economic Reporters' Forum (ERF) has demanded that Bangladesh Bank (BB) to withdraw its restrictions on access of the journalists to the central bank, reports BSS.Otherwise, the ERF cautioned of waging tougher movements to press home their demands.ERF president Refayet Ullah Mirdha and general secretary Abul Kashem made the demands...

Read more

Underground power cable works, causing traffic chaos and disruption

Motijheel road in Dhaka has been dug up for over a month for underground power cable works, causing traffic chaos and disruption. Road-digging regulations require designating and separating dug-up areas with barrier tapes for safety, but these appear to be missing. — FE Photo by Shafiqul Alam

Read more