Bangladesh an important destination for German companies German investment and trading companies are looking for new places for their investments and business and Bangladesh will be one such important destination. Peter Fahrenholtz, Ambassador of Germany to Bangladesh disclosed this on Monday in a meeting held on online platform, arranged by
Read MoreInflation at seven-month high in June The point-to-point inflation rate in June went up by 0.67 percentage points to 6.02 per cent, a seven-month high, due to a significant jump in the urban consumer price index (CPI), official data showed on Monday. The inflation rate in the urban areas swelled
Read MoreDhaka Bank observes 25th anniversary Dhaka Bank Limited on Sunday observed its 25 years of banking excellence in a simple way considering the current ongoing pandemic COVID-19 situation in Bangladesh. A Doa Mahfil was arranged by maintaining social distance and safe hygiene rules at proposed Head Office, Gulshan. Dhaka Bank
Read MoreGovt looks to simplify rules as FDI plummets 13.8pc Gross inflow of foreign direct investment to Bangladesh fell 13.8 per cent to $3.73 billion in the first 11 months of last fiscal year, largely owing to the coronavirus pandemic, which came as a shock to foreign investors. The drop would
Read MoreRMG exports drop 19pc in FY’20 The country’s readymade garment (RMG) exports declined by 18.84 per cent to US$ 27.70 billion in the just concluded fiscal year (FY 2019-20). The sector had fetched $ 34.13 billion in the FY 2018-19. In the month of June 2020, the earning stood at
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