Finance Minister AHM Mustafa Kamal has said the government will toughen laws to catch money launderers if the current legislations allow them to slip through loopholes. He also suggested that the …
India gold demand still muted, Bangladesh to scrap import taxes
Physical gold demand in India was lacklustre this week even as shops reopened, while Bangladesh announced plans to withdraw import taxes to clamp down on bullion smuggling. Indian dealers offered …
4 countries not attending Hajj this year due to Covid-19 pandemic
Indonesia, Singapore, Malaysia, and Brunei have decided not to partake in Hajj this year in Saudi Arabia as the world struggles to handle the coronavirus pandemic. Confirming the matter, Bangladesh …
Budget FY21: Power, energy sector receives Tk26,758 crore
The power and energy sector of Bangladesh is set to receive an allocation of Tk26,758 crore in the proposed national budget for the 2020-21 fiscal year, placed in parliament by Finance Minister AHM …
International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha F …
Finance minister draws a bead on economic recovery
The national and global lockdown measures aimed at battling the Covid-19 pandemic have taken their toll on Bangladesh’s industrial production, obliterating tens of thousands of jobs, incomes and …
Nahida next high commissioner of Bangladesh to Brunei
Nahida Rahman Shumona, who is currently serving as director general of regional organisations wing at the foreign affairs ministry, has been appointed as the next high commissioner of Bangladesh to …
Unwanted: Bangladesh, Malaysia reject rescued Rohingya refugees
Bangladesh rejects Malaysia’s suggestion to take back nearly 300 Rohingya refugees who were found drifting at sea.
ADB signs $17.7m deal to invest in solar photovoltaic plant in Bangladesh
The solar park is one of the first private sector solar plants in Bangladesh to be financed by multilateral institutions, and will support the country’s efforts to attain long-term energy security and …
NBP looks to raise capital in Bangladesh operations
The government is likely to allow National Bank of Pakistan (NBP) to increase its capital in Bangladesh operations by remitting $10.9 million with the conditional plan of partially closing its …