Economy

Tue, 21 Jan 2025, 11:00 am

শিরোনাম :

Israel continues strike on Syria military sites Rayo stymie Real’s climb to Liga summit Tk 14,000 set as minimum wage for cold storage workers BNP suggests reforms for public administration overhaul Probes, trials of war crimes cases stalled Coldwave hampers daily life across Bangladesh Dhaka becomes 3rd most polluted city with AQI score of 283 Body of JU student recovered from dormitory 550 individuals’ Tk 15,000cr frozen for investigation Financial Accountability: Critical step towards new future

Economy

The Mobile Phone Is Asia’s Hedge Against the Dollar

Currency values fluctuate all the time, but some changes leave a lasting impression on the banking industry. In the Bretton Woods-era of fixed exchange rates, the 1967 devaluation of the

Power crisis will not last long: Nasrul Hamid

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said the ongoing power cuts in the country will not last long. “We’re sorry to our consumers for the

Govt sets export target of $67 billion for FY23

Bangladesh has set an ambitious export target of $67 billion for goods and services for the current fiscal year. This target, announced by Commerce Minister Tipu Munshi on Wednesday, shows

Dollar crisis deepening

Even after some preventive measures taken by the government, the local currency taka has continued its free fall against the greenback on the back of acute US dollar crisis in

Govt to extend tenure of 4 costly rental plants again

The government is likely to extend tenure of four costly oil-based rental power projects having combined capacity to generate 300MW of electricity amid BPDB’s non-payment of $1.7 billion electricity bills.

CAB urges govt to readjust edible oil prices

Consumers Association of Bangladesh (CAB) has urged the government to readjust edible oil prices in the country following their continuous downward trend in the international market. SM Nazer Hossain, Vice-President

Gas supply to power plants falls to four-year low

Natural gas supply to power plants has dropped to four-year low as Bangladesh suspends import of around 250mmbtu Liquefied Natural Gas (LNG) from costly international market. In 2019, the country’s

Dollar-Euro parity may affect Bangladesh’s export income

Bangladesh’s export income is likely to be affected by the increasing dominance of the US dollar over the Euro, forcing the European buyers to devalue their orders to cope with

Buying of salted rawhides starts Thursday

A total of 154 tanneries across the country will start buying salted rawhides from Thursday. Shahin Ahmed, Chairman of Bangladesh Tanners Association (BTA) and also Director of Federation of Bangladesh

Elon Musk pulls out of $44bn deal to buy Twitter

Elon Musk is seeking to end his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of the agreement. The announcement is the latest twist in a long-running saga after