The United States has said it wants to see freedom of religion respected in Bangladesh and people are held accountable for any attacks. “We have, in our discussions with Bangladeshi officials, made clear that we want to see freedom of religion respected,” US Department of State Spokesperson Matthew Miller told reporters in a regular media […]
Read MoreRepublican candidate Donald Trump has won a historic victory in this year’s US presidential election. In this election, 5 American politicians of Bangladeshi origin have won the House of Representatives. All but one of them were Democrat candidates. According to the information received from the private election results and local communities in the United States […]
Read MoreBangladesh govt has fast-tracked payment of outstanding dues ahead of Nov 7 deadline. The Bangladesh government has fast tracked a payment of $200-250 million to Adani Power in India in order to continue receiving power, says the New Indian Express. Sources said ahead of the November 7 deadline, the government has fast-tracked the payment of […]
Read MoreAverage inflation rose to 10.87% in October, from 9.92% in September. Food inflation soared to 12.66% in October, from 10.40% in September, pushing up general inflation as well. The overall inflation rose to 10.87% in October, from 9.92% in September, according to the latest data from the Bangladesh Bureau of Statistics (BBS) published today (7 […]
Read MoreBangladesh has stopped exporting textiles and ready-made garments through Indian airports and seaports. By changing the export route, Dhaka is now sending ready-made garments to various countries via the Maldives. New Delhi is facing losses due to this, depriving it of a huge amount of revenue. This news was reported by the Indian media Livemint […]
Read MoreThe trend of overseas employment is satisfactory so far and we are expecting to send more remittance senders with jobs this year, BMET Director Mamun Sarder says. With sincere efforts by different stakeholders, especially the government, Bangladesh sent abroad 9.3 lakh workers with jobs from January to 2 November this year. “The trend of overseas […]
Read MoreA Resident Foreign Currency Deposit (RFCD) account is a savings account that allows Bangladeshi residents to manage and access foreign currency. Banks will no longer be required to adhere to the Secured Overnight Financing Rate (SOFR) caps when setting interest rates on Resident Foreign Currency Deposits (RFCDs). Instead, banks will be allowed to determine interest […]
Read MoreAgricultural workers were particularly impacted, accounting for 63.5% of potential hours lost and 54% of income losses related to extreme heat. Bangladesh faced significant economic losses due to heat exposure in 2023, with an estimated $21 billion lost in income due to reduced labour capacity, according to a report by The Lancet. Agricultural workers were […]
Read MoreGross domestic product (GDP) growth slowed in the fourth quarter of the 2023-24 fiscal year. On a point-to-point basis at constant prices, the growth in this quarter fell by almost half to 3.91 percent. The Bangladesh Bureau of Statistics (BBS) released this information on the quarterly GDP growth on Monday. This information was revealed from […]
Read MoreSrivastava emphasised that India’s revised cross-border electricity policy, which permits neighbouring countries to use its grid, has made a substantial shift in regional cooperation. The countries have signed an agreement for the transmission of 40 megawatts of power from Nepal to Bangladesh through the Indian grid. Bangladesh will soon be connected to the Indian electrical […]
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