Banks asked to prepare citizen charter on services The Bangladesh Bank yesterday asked banks to draw up citizen charter such that clients are able to get financial services smoothly. The citizen’s charter is a document of commitments made by either government or private organisation to the citizens or client groups
Read MoreInflation jumps to 9.5% in Aug, drops to 9.1% in September Bangladesh inflation escalated to 9.5% in August, according to State Minister for Planning Shamsul Alam, thanks to rising commodity prices and record hike in fuel prices. The annual point-to-point inflation in July was 7.48%. As such, inflation increased by
Read MoreRising manpower exports see falling remittance While manpower export has been rising substantially since the beginning of the year, remittance inflow shows a completely opposite trend, falling drastically in September and putting foreign exchange reserves under more stress. This paradoxical situation is blamed on two reasons – the remittance rate
Read MoreExports slip after 13 months Export earnings dropped 6.25 per cent year-on-year to $3.9 billion in September, the first fall in 14 months, as the cost-of-living crisis in the western countries took its toll on Bangladesh’s main foreign currency earning sector.The decline came as the garment shipment, which accounts for
Read MoreBangladesh keen to sign FTA with Malaysia, says finance minister Finance Minister AHM Mustafa Kamal on Wednesday said that Bangladesh is keen to sign a Free Trade Agreement (FTA) with Malaysia.Kamal came up with the statement during a bilateral meeting with a Malaysian delegation headed by Malaysian Deputy Finance Minister
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