Bangladesh received $1.68 billion in remittances through legal channels during the first 25 days of January. On average, expatriates sent $67.04 million per day during this period. According to the latest data from Bangladesh Bank (BB), the total remittance flow for January is likely to surpass $2 billion if the current trend continues. A breakdown […]
Read MoreArgent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually, the company said in a statement on Friday. This is the first major U.S. […]
Read MoreThe Bangladeshi government and the World Bank have signed an agreement as additional financing for enhancing the power transmission network in the eastern region project amounting to SDR (an international reserve asset) 22.9 million (equivalent to 30 million U.S. dollars). Md Shahriar Kader Siddiky, secretary of Bangladesh’s Economic Relations Division (ERD), and Gayle Martin, acting […]
Read MorePresident Donald Trump’s administration discussed with New Delhi the situation in Bangladesh as the interim government in Dhaka hosted a delegation of Pakistan’s spy agency while China has promised the turmoil-hit country to help safeguard its “sovereignty and national dignity”. A delegation of Pakistan’s Inter-Services Intelligence (ISI) has been on a visit to Bangladesh since […]
Read MoreDAVOS, January 21: The UN High Commissioner for Refugees, Filippo Grandi, on Tuesday said his agency would support Bangladesh in its quest to find a durable solution to the Rohingya crisis. Grandi made the comments after he called on Bangladesh Chief Adviser Professor Muhammad Yunus on the sidelines of the World Economic Forum meeting in […]
Read MorePaterson, NJ : The New Jersey General Assembly has honored Bangladeshi journalist Karamot Ullah Biplob for his reporting and research on climate change. On Monday, January 20, 2024, in Paterson City, Senator Benjie E. Wimberly presented Mr. Biplob with the award. A report written by General Assembly Speaker Craig J. Coughlin cited the impact of climate […]
Read MoreBangladesh’s textile industry, a cornerstone of its economy, is facing mounting challenges as garment makers, particularly knitwear manufacturers, increasingly turn to imported yarn and fabrics despite significant domestic investments. Industry insiders warn the growing reliance on imports could place local spinners at considerable risk. Recent data from the National Board of Revenue shows the scale […]
Read MoreIndia’s Adani Power has warned the Bangladesh Power Development Board (PDB) that it will have to pay a surcharge if its $845 million outstanding bill is not paid by June. The company has been supplying half of its power generation capacity to Bangladesh since November last year. It warned the PDB on Sunday that it […]
Read MoreA report by a group of UK MPs criticising Bangladesh’s interim government has been withdrawn after allegations emerged that it was prepared in favour of the government of ousted Prime Minister Sheikh Hasina. The report, which was released by the UK’s All-Party Parliamentary Group on Commonwealth Affairs (AAPG) in November, criticised the current interim government […]
Read MoreBangladesh’s relations with Pakistan have been improving since the interim government took power. After the commercial relations, the military partnership between the two countries is also increasing. A Bangladesh Army delegation visited the General Headquarters (GHQ) of the Pakistan Army in Rawalpindi last Wednesday (January 15) to meet with the Pakistani military leadership. And during […]
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