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May 16, 2024 10:14 PM

Fluctuating forex reserve stir market instability and price hikes in Bangladesh

Amidst a backdrop of fluctuating foreign exchange reserves, Bangladesh Bank has been employing varied methodologies to calculate the nation’s reserves, unveiling differing figures. Traders and consumers alike have responded to these variations with increased apprehension, leading to price surges across various commodities. As per the central bank’s latest figures, the total reserves stood at $23.77 billion as of May 14. The International Monetary Fund’s (IMF) method, however, records the...

May 15, 2024 7:48 PM

US wants to rebuild trust with Bangladesh: Donald Lu

The United States wants to rebuild trust with the people of Bangladesh, said US Assistant Secretary of State for South and Central Asian Affairs Donald Lu on Wednesday in Dhaka. "Last year, there were a lot of tensions between us and Bangladesh. The US worked very hard to promote free, fair and non-violent elections in Bangladesh and it caused tension. It is common in our relationship," Lu said to the media after a meeting with Bangladesh Foreign Minister Hasan Mahmud. He said the US wants to ...

May 10, 2024 10:01 AM

US top diplomat Donald Lu embarks on India visit from May 10

The Assistant Secretary of State for South and Central Asian Affairs, Donald Lu, has embarked on an official visit to India, Sri Lanka, and Bangladesh from May 10-15, the US State Department said. Lu's trip will strengthen bilateral cooperation with each country and demonstrate US support for a free, open, and prosperous Indo-Pacific region, the State Department said in a release on Thursday (local time). "In Chennai, Assistant Secretary Lu will meet with Consulate personnel to bolster bilater...

May 9, 2024 12:31 PM

Foreign Secretary Vinay Kwatra on 2-day visit to Bangladesh

Indian Foreign Secretary Vinay Mohan Kwatra paid a courtesy call on Bangladesh Prime Minister Shiekh Hasina on Thursday morning at Ganabhaban. Vinay Kwatra arrived at Bangladesh Ministry of Foreign Affairs to call on Foreign Minister Hasan Mahmud after his courtesy call to the Bangladesh Prime Minister. Here he will also hold a meeting with his Bangladesh counterpart Masud-Bin-Momen. During the meeting, they will likely discuss the entire range of bilateral relationships including political and...

May 7, 2024 6:42 PM

Bangladesh PM urges IOM to raise more funds for Rohingyas

Bangladesh Prime Minister Sheikh Hasina on Tuesday urged the International Organization for Migration (IOM) to raise more funds from newer sources for assistance of the Rohingyas sheltered in Bangladesh.    “Since the the assistance for Rohingyas has declined, the IOM should look for new partners to raise more funds for them,” she said.   The premier made this call when IOM Director General Amy Pope paid a courtesy call on her at the latter’s official residence in Dhaka.    PM's...

May 6, 2024 11:25 AM

In Bangladesh inflation snatches people’s purchasing power: Dr. Debapriya Bhattacharya

In Bangladesh, the purchasing power of marginal, middle class and lower middle class has decreased due to the direct impact of double-digit inflation, said Dr. Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD). Dr Bhattacharya made this statement on the occasion of unveiling a survey report titled "New Government, National Budget and Citizen's Aspirations" held on Sunday in Dhaka. Addressing the media on the occasion Dr Debpriya said "the inflation situatio...

May 6, 2024 9:06 AM

Fixture schedule announced for ICC Women’s T20 World Cup 2024 to be held in Bangladesh

The International Cricket Council (ICC) on Sunday announced the fixtures for the ninth ICC Women’s T20 World Cup 2024 taking place from 3 to 20 October in Bangladesh. Ten teams will play 23 matches, over 18 action-packed days, at two venues in Bangladesh, the Shere Bangla National Cricket Stadium in Dhaka and the Sylhet International Cricket Stadium in Sylhet, said ICC press release. The schedule was unveiled at an event in Dhaka, attended by Nazmul Hassan, President of the Bangladesh Cricke...

May 3, 2024 12:17 PM

Amid heatwave, Bangladesh salt production hits 63-year high

Amid severe heat wave conditions in different parts of Bangladesh, the country's salt production has reached its highest output in 63 years. Salt farmers in Cox's Bazar and the Banshkhali coastal area of Chittagong said salt production will further increase if heat intensifies as well.  On one hand, due to the heatwave which has swept over Bangladesh in the entire month of April has created lots of misery for millions, these same hot days have come as a boon for salt farmers across Banglades...

May 1, 2024 1:59 PM

May Day being observed in Bangladesh

The historic May Day is being observed today in Bangladesh and elsewhere across the world in a befitting manner. It is a public holiday in Bangladesh. This year's theme of May- Day in Bangladesh is 'Sramik-Malik Gorbo Desh, Smart Hobey Bangladesh'.  Political parties, worker’s union and other organisations working to ensure Labour Rights organised a number of programmes in Dhaka and other parts of the country to mark the occasion. A rally was brought out by the labour ministry of Banglade...

April 28, 2024 5:55 PM

India-Bangladesh Bilateral Talks on Civil Service Capacity Building

A delegation from the Department of Administrative Reforms and Public Grievances (DARPG) is set to visit Bangladesh for bilateral discussions on renewing the Memorandum of Understanding (MoU) between India's National Centre for Good Governance (NCGG) and Bangladesh's Ministry of Public Administration.   Led by Secretary V. Srinivas, the DARPG delegation comprising four members will engage in discussions from April 28 to April 30, 2024. The primary agenda of the visit is to negotiate the renew...

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