According to data provided by the Bangladesh Bank, the country’s foreign exchange reserve stood at $37.18 billion as of July 29, which was $35.85 billion in June this year …
Bangladesh may ditch 90% of its planned coal power
One third of the energy ministry’s budget has been allocated to capacity payments for idle power plants in the 2020-2021 financial year. With the IMF predicting that GDP growth in Bangladesh could …
Alleged murder of former bodyguard of Sheikh Hasina rocks Bangladesh
The mysterious death of a former bodyguard of Prime Minister of Bangladesh Sheikh Hasina has disturbed the country’s Eid holidays. Major (Retired) Sinha Mohammed Rashed Khan was shot in the chest …
Bangladesh posts current account deficit of nearly 5 bln USD in fiscal 2019-20
Bangladesh registered a current account deficit of nearly 5 billion U.S. dollars in the last 2019-20 fiscal year (July 2019-June 2020), Bangladesh Bank (BB) data showed Monday, Trend reports citing …
ADB: Bangladesh’s remittances to decline by 27.8% in 2020 due to pandemic
During the global financial crisis in 2009, which resulted in a 2.7% decline in overall remittance inflows to Asia and the Pacific, Bangladesh’s remittances received by households declined on average …
Travellers from Bangladesh to face stricter re-entry rules in Japan
The Foreign Ministry of Japan has said that all foreign residents re-entering the nation from Bangladesh and 3 other countries will need to undergo stricter procedures from next Friday, because of …
World Bank to finance $202mn for Bangladesh’s food storage capacity
Eight public modern grain storage steel silo complexes for rice and wheat will be constructed in eight different districts …
‘Fingerprint’ of the climate crisis in flooding that has left a third of Bangladesh under water
Around a third of Bangladesh is underwater due to recent catastrophic flooding and the climate crisis has played a role in the devastation, according to experts. The widespread flooding, which has …
‘Bangladesh has always been a high priority market, and we look to strengthen our ties further through local collaborations’
Archana Anand, Chief Business Officer of Indian streaming service Zee5 Global talks about the company’s plans for Bangladesh Belonging to the media empire of the Indian mass media conglomerate Essel …
ADB to finance $200 million into private gas power plant in Bangladesh
The Asian Development Bank (ADB) will provide a $200 million financing package to the (RBLPL) to build and operate a 718MW combined-cycle gas-fired power plant in Bangladesh. An agreement to this end …