Forex robust, bank liquidity eases
Bangladesh Bank intervention to bring stability in foreign-exchange market proves a boon for both -- the central bank builds up forex stock and commercial banks quench their liquidity thirst in trying times.In a latest intervention made Sunday, the BB purchased $83 million from eleven commercial banks at rates ranging from...
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RMG raw material imports down 7.5pc in FY25 Q4
In the April-June quarter of FY25, Bangladesh's ready-made garment (RMG) sector saw a 7.5-percent decline in raw-material imports, standing at over $3.94 billion from over $4.25 billion in the preceding quarter.The fourth-quarter (Q4) figure was 43.22 per cent of the Q4 export receipts from RMG, according to the Bangladesh Bank...
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Road ahead is tough, stay united
NAOGAON, Aug 11 (UNB): Alleging that various plots are underway to derail the process of restoring democracy and people's voting rights, BNP Acting Chairman Tarique Rahman on Monday urged his party leaders and activists to stay united and uphold public trust by refraining from any wrongdoing to foil all conspiracies."The...
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Awareness gaps, regulatory hurdles threaten traceability of export goods
A lack of awareness about circular supply chains, the European Union's (EU) latest regulations, and factory digitalisation -- especially in small and medium units -- is a major barrier to tracking Bangladesh's export goods, experts and industry leaders say."Most of our suppliers don't even know what traceability means, and many...
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India bans import of more jute goods from BD via land ports
India has banned the import of several more jute goods from Bangladesh through land ports, with the order taking immediate effect, reports bdnews24.com.The step follows restrictions on certain jute items imposed one and a half months ago.From now on, these products can only enter the neighbouring country through Mumbai's Nhava...
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Life term for 2 police officials upheld
The High Court on Monday upheld life imprisonment of Zahidur Rahman, former sub-inspector (SI) of Pallabi police station in Dhaka, in a case filed over custodial death of Ishtiaque Hossain Jonny, a garment-waste trader from the city's Mirpur area. The case was filed 11 years ago. It also commuted the...
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Police recover 2 bodies from parked car
Police on Monday recovered two bodies from inside a car parked in the basement of Sirajul Islam Medical College in the capitals' Mouchak area.Security guards discovered the bodies around 11:45 AM on the day.Dhaka Metropolitan Police's Ramna Division Deputy Commissioner Masud Alam told the media that they have found the...
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A view of the Motijheel-Kamalapur stretch of metro rail
A view of the Motijheel-Kamalapur stretch of metro rail. More than half of the construction work on the mega project has been completed, with the remainder expected to finish next year. The photo was taken on Monday. — FE Photo
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