IMF approves use of reserve assets for ’hybrid’ financial instruments
The IMF said Wednesday that its board had voted to allow member states` IMF-issued international reserve assets to be used by multilateral development banks (MDBs) to acquire financial instruments that would stretch their balance sheets further12:45 16 May 2024
Asian markets track Wall St records after US inflation data
Asian equities rallied Thursday after US data showed inflation cooled last month, fuelling speculation that the Federal Reserve will cut interest rates twice this year12:43 16 May 2024
Bangladesh’s outlook remains bright: HSBC
The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh organised an event on Sunday titled "HSBC Economic Outlook: A Perspective on Bangladesh" highlighting the latest global and Asian market developments and sharing a perspective on Bangladesh00:46 16 May 2024
Govt to procure 1.70 lakh MTs fertilizer, 10,000 MTs lentil
The government on Wednesday approved separate proposals for procuring some 1.70 lakh metric tons of fertilizer and 10,000 metric tons of lentil to meet the growing demand of the country.00:41 16 May 2024
Draft of Export Policy 2024-2027 approved eyeing $110bn export target in 2027
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the draft of the Export Policy 2024-2027 eyeing for a $110 billion export target in FY2700:38 16 May 2024
Stocks extend losing streak
Stocks on Wednesday extended its losing streak as the risk-averse investors preferred to book profit on quick-gaining shares00:03 16 May 2024
Hasan seeks $100mn from Japan for ship breaking industry
Foreign minister Dr. Hasan Mahmud on Wednesday sought 100 million US dollars assistance from Japan for making Bangladesh`s ship breaking industry safe and sustainable00:00 16 May 2024
Cost of importing electricity from India to stand at Tk20, 000cr in current FY
Bangladesh is projected to spend Tk 20,000 crore on importing electricity from India in the current financial year, according to the Power Development Board (PDB)12:57 15 May 2024
PM seeks effective population management for sustainable development
Prime Minister Sheikh Hasina today stressed the need for effective population management considered to be a key determinant for sustainable development12:54 15 May 2024
US wants to strengthen ties with Bangladesh: Salman
Prime Minister`s Private Industry and Investment Adviser Salman F Rahman informed that the United States (US) has expressed keenness to expand the existing relations with Bangladesh12:19 15 May 2024
TIB criticizes GCF for burdening countries with loans
Transparency International Bangladesh (TIB) Executive Director Dr Iftekharuzzaman on Tuesday criticized Green Climate Fund (GCF) for burdening countries like Bangladesh with loans01:14 15 May 2024
Bangladesh squad for T20 World Cup
The Bangladesh Cricket Board (BCB) announced the squad for the ICC Men`s T20 World Cup in West Indies and USA on Tuesday01:07 15 May 2024
UK announces $50mn loan for Bangladesh’s MSMEs, women entrepreneurs
British International Investment (BII), the UK`s development finance institution (DFI) and impact investor has announced a loan commitment of $50 million to BRAC Bank, a leading SME bank in Bangladesh, to support small businesses and women entrepreneurs01:02 15 May 2024
Netherlands to support Bangladesh for solid waste management in EZs
The Netherlands will support Bangladesh in the successful implementation of sustainable industrial wastewater and solid waste management in Economic Zones (EZs)00:58 15 May 2024
MCCI hosts discussion on "Stabilizing the Macroeconomy of Bangladesh: Issues and Challenges"
The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) hosted a discussion titled "Stabilizing the Macroeconomy of Bangladesh: Issues and Challenges" at its Gulshan office on Tuesday00:54 15 May 2024
Govt working to simplify businesses for small traders: Titu
State Minister for Commerce Ahasanul Islam Titu on Tuesday said the government has taken necessary measures so that the small traders and businessmen can do their businesses easily00:49 15 May 2024
Bangladesh is emerging as growth hotspot through sustainable practices: Humayun
Industries Minister Nurul Majid Mahmud Humayun on Tuesday said Bangladesh is emerging as a growth hotspot through sustainable practices00:45 15 May 2024
Tk 8, 00,000cr budget for 2024-25 fiscal gets PM’s nod
Prime Minister Sheikh Hasina has approved a Tk 8, 00,000 crore budget for the 2024-25 fiscal year to be placed in the parliament on June 6, according to a source within the finance ministry.00:41 15 May 2024
BB’s reserve heist report absolutely fake: Spokesperson
Bangladesh Bank (BB) has rejected a report published by an Indian news outlet regarding a "new reserve heist" in Bangladesh, stating that it is "absolutely fake news"00:19 15 May 2024
Meryl Streep: Hollywood’s peerless star
There is a strong case to be made that Meryl Streep, who picks up a lifetime achievement award at the Cannes Film Festival on Tuesday, is the most respected actor of her generation12:16 14 May 2024
India, Iran sign 10-year agreement to develop port project
India and Iran on Monday signed a 10-year contract to develop and equip the strategic Chabahar port in Iran as India seeks to grow trade in west and central Asia12:10 14 May 2024
Fierce fighting rocks Gaza after US warning of anarchy, insurgency
Israel battled Hamas in Gaza on Monday, including in far-southern Rafah, despite US warnings against a full-scale invasion of the crowded city and of the threat from post-war anarchy or insurgency12:05 14 May 2024
Asian traders bide their time ahead of key US inflation data
Asian investors shifted cautiously Tuesday ahead of the release of key US inflation data that could have a huge bearing on the fate of Federal Reserve interest rate cuts this year11:59 14 May 2024
Chinese business delegation meets BGMEA leaders, discusses trade, investment opportunities
A high-level delegation comprising representatives of leading Chinese apparel and textile enterprises paid a visit to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Monday00:46 14 May 2024
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