Sun, 19 Jan 2025, 05:36 pm
Economy

Remittance inflow to Bangladesh rises in May on dollar rate hike, Eid-ul-Azha

Remittance inflow to Bangladesh increased in May compared with that in the previous month, driven by a hike in the dollar rate and the forthcoming Eid-ul-Azha, one of the biggest

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Capacity for meeting foreign debt obligations falling

The foreign exchange reserve to foreign debt ratio dropped substantially in the past couple of years, indicating that the country has a smaller cushion of foreign reserves to meet foreign

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Japan crypto exchange says lost $300 million bitcoin in ‘leak’

Japanese crypto exchange DMM Bitcoin said that it had lost bitcoin worth around $300 million in what it described as ‘an unauthorised leak’ from its digital wallet. ‘We are still

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Dollar crisis deepens economic woes in Bangladesh

The persistent dollar crisis in Bangladesh has exacerbated various economic issues, including inflation, rising business costs, an energy crisis, and mounting government foreign debt payments. Bankers say that commercial banks

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145 countries now recognise a Palestinian state

Israel’s war in Gaza since the October 7 attack has revived a global push for Palestinians to be given a state of their own. Norway, Spain and Ireland on Tuesday

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Green chili turns red hot as price skyrockets

The price of green chili has skyrocketed from Tk160 per kg to Tk240 per kg within a week in the kitchen markets of the capital, which traders have attributed to

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Forex holding by banks hits 14-month low

The volume of foreign currencies held by the country’s commercial banks hit a 14-month low in April due to increased demand, driven by a severe shortage of dollars. The gross

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Conservative Gulf gets first local beer

Inside his Abu Dhabi gastro pub, Chad McGehee inspects shiny steel tanks fermenting a special brew: the first beer made in the conservative Arab Gulf, where alcohol has long been

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Price of broiler keeps rising

The price of broiler chickens witnessed a further rise on the kitchen markets in the capital Dhaka by up to Tk 20 over the past two weeks, which caused lower-income

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Employment measures in FY25 budget receive top response

Measures for decent employment in the upcoming budget received the highest response among 14 areas in an online survey made by the Citizen’s Platform for SDGs Bangladesh. About 21 per

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