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Reserve reaches to $25b with record remittance

Foreign currency reserves have crossed US$25 billion mark before the end of March, thanks to a record inflow of remittances this month.

The country's gross reserves have risen to $25.44 billion, according to data released by the Bangladesh Bank (BB) Thursday night.

The surge came after a significant increase in remittance inflows, which reached $2.94 billion in the first 26 days of March, the highest for any month in the country's history. However, as ...

Yunus urges China to play role in establishing peace

Chief Adviser Professor Muhammad Yunus urged China to play a greater role in establishing peace, prosperity and stability for both nations on Friday. The Chief Adviser made the call this morning when he held bilateral talks with Chinese President Xi Jinping at the Great Hall of the People in Beijing. [caption id="attachment_33118" align="alignleft" width="558"] Chief Adviser Professor Muhammad Yunus joined the meeting with Xi Jinping, President of the People’s Republic of China in People's Great Hall, Beijing on Friday. Pho...

WB approves $200m to help modernise social protection system

The World Bank's (WB) Board of Executive Directors on Wednesday approved $200 million to expand coverage and strengthen delivery of the national social protection system to benefit more than 3 million poor people in Bangladesh.

In partnership with the Ministry of Social Welfare and the Ministry of Finance, the Strengthening Social Protection for Improved Resilience, Inclusion and Targeting (SSPIRIT) project will support the government to develop an integrated and comprehensive social prote...

Adani resumes full power supply amid payment row

Indian billionaire Gautam Adani’s power generation unit has resumed full electricity supply to Bangladesh, four months after reducing output by half due to unpaid dues.

Rezaul Karim, Chairman of the Bangladesh Power Development Board (BPDB), confirmed on Thursday that regular payments are now being made to Adani, and the country is receiving power as required.

Construction market set to grow by 10.4pc in 2025

The construction industry in Bangladesh is expected to grow by 10.4% annually, reaching BDT 4.58 trillion in 2025, according to a recent industry report.

Between 2020 and 2024, the sector experienced robust growth, achieving a compound annual growth rate (CAGR) of 13.0%. This upward trend is projected to continue, with the market forecast to expand at a CAGR of 9.7% from

Prez Trump greets CA Yunus on Independence Day

President Donald Trump's greetings to Chief Adviser Professor Yunus and the people of Bangladesh on the occasion of Independence Day. US President, in his greeting letter, said:
Dear Mr. Chief Advisor,
On behalf of the American people, I wish you and the people of Bangladesh a happy Independence Day.
This time of transition presents an opportunity for the people of Bangladesh to bu...
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