Bangladesh needs to prioritise expanding its export markets before fully adopting local-currency settlements in external trade, according to a recent report by Bangladesh Bank (BB).The special study titled "Trading in Local Currencies: Problems and Prospects for the SAARC Countries," was led by Dr. Sayera Younus, Executive Director (Research) at Bangladesh...
Read moreBangladesh Nationalist Party (BNP) Secretary- General Mirza Fakhrul Islam on Wednesday said filing cases indiscriminately against the collaborators of the immediate-past government should be stopped completely. He called upon the law-enforcing agencies not to file cases that do not have merits.The BNP secretary general alleged that conspiracy is going on...
Read moreCHATTOGRAM, Aug 28: Release of goods and containers in Chattogram port, the prime seaport of the country, is taking a relatively longer time in the current month due to the ongoing flood situation in Chattogram, Feni and Cumilla districts. Container congestion is increasing day by day in the seaport due...
Read moreThe interim government formed a committee on Wednesday to prepare a "White Paper on the State of the Bangladesh Economy."Dr. Debapriya Bhattacharya, a Distinguished Fellow at the Centre for Policy Dialogue (CPD), will lead the 12-member committee, as announced by the press office of Chief Adviser Professor Muhammad Yunus.Other members...
Read moreThe government would not allow reduction in fertiliser supply in any way, finance and commerce adviser Dr Salehuddin Ahmed said on Wednesday.He said three proposals regarding the procurement of fertiliser were approved on the day.The adviser was briefing the mass media after the maiden meeting of the advisory council committee...
Read moreFinance and commerce adviser Dr Salehuddin Ahmed on Wednesday said traders would do business without let or hindrance across the country.He said this after a meeting on the situation of essential commodities held at commerce ministry."From now on, nobody will be able to do under-the-table business transactions. Traders can do...
Read moreCustoms intelligence recovered 105 gold bars and arrested a person for his involvement in this incident on Wednesday at Osmani International Airport in Sylhet.A total of 105 gold bars weighing 12,180 grams and 4 gold discs weighing 3,730 grams were recovered. The total weight of the recovered gold is 15...
Read moreThree murder cases have been filed against 80 people including former prime minister Sheikh Hasina, reports UNB.Tofazzal Hossain, additional chief metropolitan magistrate of Dhaka Metropolitan Magistrate's (CMM) court, recorded the plaintiff's statement and ordered Khilgaon police station to register the cases on Wednesday.Another complaint was directed to be accepted as...
Read moreWednesday witnesses intractable traffic jam in Dhaka city. The public suffered immensely as a direct consequence of the congestion. The snap was shot in Banglamotor area. — Photo: Asad-Uz-Zaman
Read moreFormer Comptroller and Auditor General (CAG) Mohammad Muslim Chowdhury has been appointed as the chairman of the country's largest government-owned bank, Sonali Bank.The Financial Institutions Division (FID) of the Ministry of Finance issued a circular to this effect on Wednesday.Mr. Chowdhury, who also served as a former finance secretary, has...
Read moreFormer finance secretary Zakir Ahmed Khan has been appointed as the chairman of the Palli Karma Sahayak Foundation (PKSF), the leading microcredit funding agency in Bangladesh. Financial Institutions Division on Wednesday issued a notification to this effect saying that Zakir Ahmed has been appointed as the chairman for a three-year...
Read moreDr. Moinul Khan has been appointed as the new Chairman (Secretary) of the Bangladesh Trade and Tariff Commission (BTTC).The Ministry of Public Administration issued a notification regarding the appointment quota of the President on Wednesday.He is a member (Grade-1) of National Board of Revenue (NBR). Dr Moinul has been appointed...
Read moreAuthorities responsible for Biman Bangladesh Airlines Limited significantly restructured its Board of Directors on Tuesday as per company rules to combat corruption and improve leadership and governance at the national airline.This restructuring was completed in accordance with articles 37 and 38 of the company's Articles of Association and the Companies...
Read moreThe United Nations World Food Programme (WFP) has launched its response to the severe flooding emergency in Bangladesh, which has affected over 5.0 million people across the southeastern and northeastern regions, particularly in the Chattogram and Sylhet divisions.In collaboration with national NGO partners, WFP is on the ground delivering immediate...
Read moreAdviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed on Wednesday said the interim government decided to sell 52 luxurious cars imported for former members of the now dissolved 12th Jatiya Sangsad, reports BSS.
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