Industry

Forex Reserves Stand at $32.72 Billion

Dhaka: Bangladesh’s foreign exchange reserves have reached US$ 32.72 billion, according to the latest data released by the Bangladesh Bank (BB) today.

According to Bangladesh Sangbad Sangstha, the figure differs when calculated using the methodology…

Remittance Inflow Sees 16.4pc Growth Till December 21

Dhaka: Inflow of remittances witnessed a year-on-year growth of 16.4 percent, reaching US$2,337 million in the twenty-one days of December, according to the latest data of Bangladesh Bank (BB) issued today.

According to Bangladesh Sangbad Sangstha, …

ADB Commits $688m for Chattogram-Dohazari Railway Upgrade

Dhaka: The Asian Development Bank (ADB) and the government of Bangladesh have signed loan agreements totaling $688 million to upgrade the 35-kilometer railway line from Chattogram to Dohazari. The South Asia Subregional Economic Cooperation-Chattogram…

JBCCI Welcomes Agreement on Bangladesh-Japan EPA

Dhaka: The Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) has welcomed the announcement that the Governments of Bangladesh and Japan have reached an Agreement in Principle on the Bangladesh-Japan Economic Partnership Agreement (EPA). “This …

JCIAD Welcomes Japan-Bangladesh Economic Partnership Accord

Dhaka: President of the Japanese Commerce and Industry Association In Dhaka (JCIAD) Manabu Sugawara today welcomed the finalization of the draft of the Economic Partnership Agreement (EPA) between Bangladesh and Japan. ‘I welcome the broad agreement r…

9.5pc Growth of Remittance Inflow Till Dec 20

Dhaka: Inflow of remittances witnessed a year-on-year growth of 9.5 percent reaching US$2,172 million in the twenty days of December, according to the latest data of Bangladesh Bank (BB) issued today. Last year, during the same period, the country’s r…

BB Slashes Provisioning Rates to Boost Agri, CMSME Lending

Dhaka: In a strategic move to stimulate credit flow to vital sectors of the economy, Bangladesh Bank (BB) has announced a significant reduction in provisioning requirements for short term agricultural and small-scale enterprise credits.

According t…