Economy

Fuel price hike inevitable if dependent on imports: Minister

Fuel price hike inevitable if dependent on imports: Minister

Information and Broadcasting Minister Zahir Uddin Swapon says that due to Bangladesh’s import dependence on fuel oil, prices been increased to keep pace with the ongoing international crisis. “Populist decision-making is not the only job of the government, the job of the government is

BD import policy incompatible with new EU, US trade rules

BD import policy incompatible with new EU, US trade rules

Bangladesh's import policy in the making appears at odds with emerging trade requirements in the European Union and the United States as it proposes allowing apparel exporters to qualify for incentives with a minimum 30-percent local value addition. Industry leaders say the EU's proposed Gen

Padma, Jamuna crossings raked in Tk 90m in a day amid Eid rush

Padma, Jamuna crossings raked in Tk 90m in a day amid Eid rush

Bangladesh's two major river crossings, the bridges on the mighty Padma and Jamuna rivers, witnessed record-level vehicular movements on the same day ahead of Eid-ul-Azha, that saw them generate a combined toll revenue of nearly Tk 90 million, the Bangladesh Bridge Authority (BBA) said Thursday. A

IMF confirms Bangladesh govt's request for new programme

IMF confirms Bangladesh govt's request for new programme

The International Monetary Fund (IMF) has said that the Bangladesh government has requested a new IMF-supported programme as discussions continue over the country’s reform agenda and policy priorities. In a statement, IMF Mission Chief for Bangladesh Ivo Krznar said the IMF staff are curre

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