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Govt expects neutral, responsible role of media: Info Adviser

Information and Broadcasting Adviser Md Mahfuj Alam on Thursday said, the government expects a neutral and responsible role from the mass media. The adviser was speaking at an iftar mahfil and view-exchange meeting, organised by the Ministry of Information and Broadcasting at the Tathya Bhaban in city’s Circuit House Road. [caption id="attachment_32892" align="alignleft" width="557"] Information and Broadcasting Adviser Md Mahfuj Alam spoke at an iftar mahfil and view-exchange meeting at the Tathya Bhaban in...

Country set to achieve record remittance in March

Bangladesh is on track to set a new record in remittance inflows, with expatriates sending $2.25 billion through banking channels in the first 19 days of March. This marks a significant 78.4 per cent increase compared to the same period last year.

According to the latest data from Bangladesh Bank, the surge in remittance is largely attributed to the upcoming Eid celebrations, as non-resident Bangladeshis are remitting more funds to support their families.

Fed holds interest rates steady amid economic uncertainty

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  • US Federal Reserve has kept interest rates steady at 4.25 to 4.5 per cent, citing strong economic activity, low unemployment, and persistent inflation.
  • The Fed will slow its balance sheet reduction, cutting Treasury redemptions from $25 billion to $5 billion monthly.
  • Economic uncertainty has increased, and the Fed remains flexible on future adjustments.
US Federal Reserve (Fed) has opted to maintain the target range for the federal funds rate at 4.25 to 4.5 per cent, as economic indicators suggest continued solid expansion despite rising uncertainty.

Desco invites bids for rooftop solar expansion in Dhaka

Dhaka Electric Supply Company (Desco), a state-owned power distribution firm in the country, has issued a tender for the development of 120 MW of grid-connected solar capacity. The project will be divided into eight lots of 15 MW each, with applications due by 5 May 2025.

The tender covers the design, construction, financing, operation, and maintenance of solar installations across Desco’s service area, which includes Dha...

WTO invites application for young trade leaders programme

The World Trade Organisation (WTO) is inviting applications for the 2025 Young Trade Leaders Programme, an initiative aimed at fostering a better understanding of the WTO’s work and international trade among young people and creating a network of Young Trade Leaders around the world.

NFAs grow by 4.22pc year-on-year

The number of No-Frill Accounts (NFAs) increased by 0.9 per cent compared to the previous quarter and 4.22 per cent year-on-year, according to a report. The largest proportion of these accounts is linked to Social Safety Net (SSN) programmes, comprising 37.12 per cent of the total, followed by farmer accounts, which represent 36.95 per cent.

These accounts, which feature minimal or zero balance requirements and no-fee services, provide low-cost banking access to a broader...

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