News

Govt announces another Tk 7000 crore for industries

The central bank has expanded the size of the stimulus package for large industries and services sector firms to make the low-cost funds available for the factories located in the economic zones. The volume of the package was enhanced by Tk 7,000 crore to Tk 40,000 crore as part of the central bank's effort to facilitate both local and foreign ...

35th span installed on Padma Bridge, over 5.2km visible

The 35th span of the Padma Bridge was installed on Saturday (31st October) bringing a total of over 5.2 kilometers of the huge structure into view as the construction works of 6.15 kilometers long bridge started from December 2014. The span number ‘2B’ was installed on pillars no 8 and 9 at Mawa point, six days after the last one wa...

Bangladesh 8th in receiving remittance in 2020: World Bank

World Bank, in one of its reports, projects that Bangladesh will see increased remittance flow and secure eighth position in the world in terms of it in 2020. WB revealed the prediction in the report titled "COVID-19 Crisis Through a Migration Lens" published on October 29. According to the projection, two South Asian countries will see an inc...

Poverty can be eradicated if we work together: HPM Sheikh Hasina

Prime Minister Sheikh Hasina has called on people with the financial means to help the poor and the needy as she believes poverty in Bangladesh can be eradicated if everyone works together for the betterment of society. She made the remarks on Saturday while inaugurating a programme whereby, 80 secretaries built homes for 160 homeless and landl...

Bangladesh Forex Reserves Cross $41 Billion

Bangladesh’s foreign currency reserves have surpassed $41 billion, three weeks after crossing the $40 billion for the first time. The reserves at the Bangladesh Bank stood at $41.2 billion on Thursday, sufficient to pay more than 10 months of import bills. Finance Minister AHM Mustafa Kamal once again thanked the Bangladeshi migrant work...