Bangladesh is destined to face break-neck competition both in US and EU markets with India emerging as a major competitor with double advantages of Washington-proposed tariff cutback and trade deal with the 27-nation European bloc. Industry insiders and experts sound the alarm over the headwinds a
Bangladesh Bank (BB) purchased an additional US $171 million from 16 commercial banks on Wednesday as part of ongoing efforts to stabilise the country’s foreign exchange market. The dollars were bought at a cut-off rate of Tk 122.30 per US dollar, a central bank official said. This interven
Finance Adviser Dr Salehuddin Ahmed on Sunday said the current interim government would leave Bangladesh’s economy in a “satisfactory and stable” position for the next elected government, though he acknowledged that significant challenges remain ahead. “I believe we are lea
Bangladesh's merchandise-export earnings during the first seven months of the current fiscal year stayed on a negative growth trajectory as main earner garment shipments to major EU countries and other destinations contracted. Germany and France are among the major destinations in the European Uni
Bangladesh Bank (BB) is set to release a new 10-taka denomination banknote on Tuesday as part of its new series titled “Historical and Archaeological Architecture of Bangladesh.” The new note, bearing the signature of Bangladesh Bank Governor Dr. Ahsan H. Mansur, will be issued initial
