Tk 500cr stimulus for pandemic-hit people who returned to villages Bangladesh Bank has decided to roll out a stimulus package of Tk 500 crore to support people who migrated back to their villages due to the ongoing economic hardship. A good number of urban people who lost their jobs at
Read MoreRecord exports bring home new hopes Despite all the lockdowns, travel restrictions, and pandemic-induced economic downturn, Bangladesh recorded its highest ever single-month export earnings amounting to $4.72 billion this year. According to Export Promotion Bureau (EPB) data, export receipts surpassed the $3.46 billion target set for October, registering a whopping
Read MoreBangladesh self-reliant in RMG accessories In the 1980s, local garment manufacturers used to export garment items in old and used cartons as there was no factory in Bangladesh at that time capable of producing the accessory. Even 15 years ago, local manufacturers had to buy button, a vital accessory for
Read MoreChittagong port’s container handling hits record high Chittagong port handled 31.15 lakh twenty-foot equivalent units (TEUs) of containers so far this year, the highest since it began dealing with containers in 1977, as the economy of Bangladesh is returning to normalcy at a faster clip. The CPA prepares the data
Read MoreEBL and British Council signed agreement Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank Ltd (EBL), and Faye Nicholls, Head of Teaching Centre of British Council, signed an agreement in Dhaka recently. Under the deal, EBL cardholders to enjoy extraordinary benefits on British
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