Sat, 23 Nov 2024, 03:17 pm
Economy

Bangladesh receives $1.96 billion remittance in August

Expatriate Bangladeshis sent around US$1,963.94 million remittance during the month of August in the fiscal 2020-21 which is the second highest in the country’s history, according to the latest data

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Forex reserves hit record $39.4 billion

The country’s foreign exchange reserves exceeded the $39 billion-mark for the first time on Tuesday thanks to continued positive trend in remittance inflow. In the first 27 days of August, the

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Govt spending Tk 3,280cr to protect coastal areas

The government is constructing 139 polders in the coastal belt to protect the areas from tidal surges and floods, State Minister for Water Resources Zaheed Farooque said Saturday. Constructing the

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US proposes to hold TICFA int’l meeting every three to four months

The United States (US) has proposed to hold the Trade and Investment Cooperation Forum Agreement (TICFA) International meeting in every three to four months to increase trade and investment with

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Brexit: UK hopeful of EU trade deal next month, says No 10

The UK still believes it can agree a post-Brexit trade deal with the EU next month, according to Downing Street.     The PM’s spokesman said UK negotiators would “continue

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‘Don’t be complacent’: Economists about robust remittance inflow

The record inflow of remittance in the last two months should not give any sense of complacence for Bangladesh as the situation in overseas labour market remains fluid and the

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US sees manufacturing growth ahead of Fed meeting, GDP data

The Federal Reserve is set to meet this week ahead of a key GDP estimate as new data shows recovery in US manufacturing, although surging coronavirus cases threaten the economy’s

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Sweden unemployment at 22-year high

The unemployment rate in Sweden has risen to its highest level in more than two decades, the country’s statistics agency has said. The seasonally-adjusted unemployment rate among 16 to 64-year-olds

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Western brands face pressure over China Uighur ties

Corporate giants including Nike face growing calls to cut ties with suppliers alleged to be using “forced labour” from China’s Uighur people. Activists have launched a campaign accusing firms of

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Government preparing new policy guidelines for RMG sector

In a bid to capture more global share and ease of doing business, the government has taken up timely steps for the readymade garment sector to bring more forex for

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