Bank credit to rickshaw-pullers, betel-nut traders planned
Bangladesh Bank (BB) has decided to use a part of its Tk 200 crore refinancing scheme formed to provide credit to ‘Tk 10’ account holders. Rickshaw-pullers, betel-nut and bidi traders, tea-stall owners, cobblers or hawkers will have access to this credit, thanks to the central bank’s financial inclusion initiative.
“The rate of interest will be at 6 percent and an individual will be able to take maximum Tk 40,000 as loan” , said a senior officer of the central bank .
Taranco to meet Hasina, Khaleda this evening
UN Assistant Secretary-General for Political Affairs Oscar Fernández Taranco will meet Prime Minister Sheikh Hasina at 4pm at her official residence Ganobhaban and BNP Chairperson Khaleda Zia at her Gulshan residence at 7pm on Saturday, according to PMO and BNP sources.
Taranco arrived here in Dhaka on Friday evening amid the country’s murky political situation that has cast a shadow on its January-5 general election.
Taranco reached HazratShahjalalInternationalAirport around 8:05 pm by an Emirates flight.
His visit is aimed at encouraging ‘dialogue and conditions’ conducive to parliamentary elections scheduled for January 5, said a statement issued by UN Resident Coordinator in Dhaka, Neal Walker.
India to fight with Bangladesh over sea from Dec 9
The final legal battle between India and Bangladesh over 4,000 square kilometres of the Bay of Bengal, holding out huge potential for fishing, shipping and underwater resources, will begin from December 9 at The Hague-based Permanent Court of Arbitration.
India's strategy has been chalked out by the ministry of external affairs in consultation with other ministries and the arguments before the International Arbitral Tribunal will be opened by attorney general GE Vahanvati, who will be assisted by attorneys from abroad as well as a team from home, reports TNN.
Onion hits kitchen market with increase by Tk 25 per kg
The onion price rose by Tk 25 per kg by the weekend and was selling at Tk 115 per kg which is considered to be shock of the nationwide blockade. The imported onion was found selling slightly at lower rate.
The blockade has also contributed to the rise of vegetables’ price since none of the products was selling below Tk 40 on Friday. However, there was abundance of supplies.
Shamim Ahmed, a wholesaler said at Karwan Bazar that huge quantities of vegetables had been rotten in different parts of the country, including Bogra and Jessore. So, producers have increased the price to recover losses.
3-day national mourning for Mandela
The government announced a three-day national mourning from Saturday to pay homage to iconic anti-apartheid leader Nelson Mandela of South Africa.
“The government has announced a three-day national mourning starting from Saturday in memory of Nelson Mandela,” Cabinet Secretary M Musharraf Hossain Bhuiyan told UNB over phone on Friday.
The national flag will be kept at half-mast at all government, semi-government and autonomous bodies during the period...
The national flag will be kept at half-mast at all government, semi-government and autonomous bodies during the period...
Bangladesh key economic indicators – Dec 6
BANGLADESH DAILY ECONOMIC INDICATORS
Thursday Previous Taka/US $ (inter-bank) 77.75-77.77 77.75-77.76 Call money rate (inter-bank) 05.50-07.75 05.50-07.75 Dhaka Stock Exchange index 4,277.39 4,294.22 ------------------------------------------------------------
MONTHLY
CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03
M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Nov. 17.11 17.35
Exports(FOB) ($m...
