Trade boost bid with Biman Bangladesh
Bilateral trade between India and Bangladesh is set for a boost with the decision of Biman Bangladesh Airlines to begin services between Dhaka and Guwahati from July.
The industry today welcomed the decision, saying it would facilitate people-to-people contact and boost trade, primarily in the hospitality and tourism sectors, reports the Telegraph.
“People-to-people contact is a must for trade relationships to thrive. Confederation of In...
“People-to-people contact is a must for trade relationships to thrive. Confederation of In...
Forex reserve still above 18bn
The country’s foreign exchange reserve is still maintaining an over 18-billion mark remaining at $18,160.61 million as of January 28 this year.
The foreign currency reserve also witnessed a rise of $5,117.94 million from the $13,042.67 million registered on January 28 last year, according to statistics released by the Bangladesh Bank on Thursday.
Earlier, on December 19, 2013, Bangladesh’s foreign currency reserves crossed the $18-billion mark for the first time in the country’s history...
Earlier, on December 19, 2013, Bangladesh’s foreign currency reserves crossed the $18-billion mark for the first time in the country’s history...
Bangladesh becoming Asia’s next major startup hub
Poverty, natural disasters, and cheap labor may be what you would normally associate with Bangladesh, but the country could be Asia’s next major startup hub. “Bangladesh is becoming a land of opportunity,” says Samad Miraly, a Canadian-Bangladeshi angel investor based in Dhaka. “It’s a place where extraordinary people are doing extraordinary things, and no one really knows about it.”
And that’s precisely what a group of Bangladeshi millennials are changing by pla...
And that’s precisely what a group of Bangladeshi millennials are changing by pla...
Bangladesh key economic indicators – Jan 28
DAILY INDICATORS
Monday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.7525 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,751.61 4,758.37 ---------------------------------------------------------------MONTHLY
CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Dec. 7.53 7.15
M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Dec. 18.07 17.11
Exports(FOB) ($mln)(BB) Nov. 2,21...
New monetary policy announced aiming 7pc inflation
Aiming to bring down average inflation to 7 percent, Bangladesh Bank (BB) on Monday announced cautious monetary policy for the 2nd half of the current fiscal year.
Terming it a challenge, BB governor Dr. Atiur Rahman said, BB will pursue in half fiscal (January-June 2014), based on an assessment of global and domestic macro-economic conditions and outlook.
He announced the Monetary Policy Statement (MPS) for January to June of the FY 2013-14 in his office in the capital.
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He announced the Monetary Policy Statement (MPS) for January to June of the FY 2013-14 in his office in the capital.
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