US House set to pass $1.1 trillion budget bill
The Republican-led US House of Representatives is set on Wednesday to pass a bipartisan $1.1 trillion spending bill that would pay for the government’s operations through October and finally put to rest the bitter budget battles of last year.
The massive measure fills out the details of the budget deal that Congress passed last month after a disastrous 16-day government shutdown in October. That deal gave relatively modest relief to the Pentagon and domestic agencies after deep budget cuts last year.
New Zealand business group carps buying ferry from Bangladesh
There is mounting criticism of the New Zealand Government for getting the 60-seat boat built cheaply in Bangladesh instead of the country. A business group says the process for buying a new ferry from Bangladesh with aid money was flawed from the beginning.
The Ministry of Foreign Affairs and Trade (MFAT) of New Zealand commissioned the aid-funded ferry for $8 million to replace a vessel linking the New Zealandterritory of Tokelau to Samoa with fortnightly sailings.
Kim Campbell, chief executive of the Northern Employers and Manufacturers As...
Kim Campbell, chief executive of the Northern Employers and Manufacturers As...
Bangladesh key economic indicators – Jan 14
DAILY INDICATORS
Monday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,454.83 4,437.82 ---------------------------------------------------------------
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. 2,212...
FBCCI provides monetary help to burnt victims
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has provided financial assistance to the victims of recent petrol bomb attacks.
FBCCI leaders visited the burn unit at Dhaka Medical College Hospital (DMCH) on Sunday and handed over Tk 10,000 to each of the relevant burn patients. The families of the patients who died after recieving injuries in petrol bomb attacks will also get an assistance of Tk 50,000 each.
FBCCI president Akram Uddin Ahmed said it will continue the assistance...
Ties with India likely to gain strength with Hasina back in power
The recent general elections in Bangladesh, in which the Sheikh Hasina-led Awami League has regained power, has given hope for better trade, cultural and political ties between Bangladesh and India.
India and Bangladesh regularly organize cultural exchange programmes and engage in the trade of various commodities through land and water routes.
The construction of Agartala-Akhaura railway link is underway and is expected to further boost trade and people-to-people conta...
The construction of Agartala-Akhaura railway link is underway and is expected to further boost trade and people-to-people conta...
Diplomat row: Delhi says ‘no stand-off’ with US
India’s Foreign Minister Salman Khurshid has sought to downplay the row with Washington over an Indian diplomat who was arrested in the US.
There was “no stand-off” with the US, he told reporters in Delhi, and predicted problems would be sorted out, reports BBC.
The row erupted after the diplomat, Devyani Khobragade, was arrested in New York on charges of visa fraud and underpaying her housekeeper.
She is now back in India after an apparent agreement with Washington.
“If there are any is...
She is now back in India after an apparent agreement with Washington.
“If there are any is...
